Korea - Gross fixed capital formation
Gross fixed capital formation, private sector (current LCU)
The value for Gross fixed capital formation, private sector (current LCU) in Korea was 500,454,000,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 500,454,000,000,000 in 2020 and a minimum value of 551,400,000,000 in 1970.
Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1970 | 551,400,000,000 |
| 1971 | 608,400,000,000 |
| 1972 | 709,000,000,000 |
| 1973 | 1,116,800,000,000 |
| 1974 | 1,818,000,000,000 |
| 1975 | 2,322,700,000,000 |
| 1976 | 3,084,800,000,000 |
| 1977 | 4,441,900,000,000 |
| 1978 | 6,874,800,000,000 |
| 1979 | 9,140,600,000,000 |
| 1980 | 10,237,100,000,000 |
| 1981 | 10,927,600,000,000 |
| 1982 | 13,632,000,000,000 |
| 1983 | 16,667,800,000,000 |
| 1984 | 19,085,600,000,000 |
| 1985 | 20,979,500,000,000 |
| 1986 | 24,898,400,000,000 |
| 1987 | 30,863,600,000,000 |
| 1988 | 37,578,100,000,000 |
| 1989 | 46,038,500,000,000 |
| 1990 | 64,322,100,000,000 |
| 1991 | 79,989,000,000,000 |
| 1992 | 85,818,400,000,000 |
| 1993 | 96,286,700,000,000 |
| 1994 | 114,526,000,000,000 |
| 1995 | 138,027,000,000,000 |
| 1996 | 156,892,000,000,000 |
| 1997 | 162,211,000,000,000 |
| 1998 | 134,127,000,000,000 |
| 1999 | 146,312,000,000,000 |
| 2000 | 172,268,000,000,000 |
| 2001 | 179,228,000,000,000 |
| 2002 | 198,703,000,000,000 |
| 2003 | 214,742,000,000,000 |
| 2004 | 231,143,000,000,000 |
| 2005 | 240,872,000,000,000 |
| 2006 | 255,664,000,000,000 |
| 2007 | 274,479,000,000,000 |
| 2008 | 297,023,000,000,000 |
| 2009 | 293,999,000,000,000 |
| 2010 | 330,518,000,000,000 |
| 2011 | 349,612,000,000,000 |
| 2012 | 356,658,000,000,000 |
| 2013 | 364,951,000,000,000 |
| 2014 | 384,851,000,000,000 |
| 2015 | 409,153,000,000,000 |
| 2016 | 440,228,000,000,000 |
| 2017 | 497,221,000,000,000 |
| 2018 | 491,093,000,000,000 |
| 2019 | 481,030,000,000,000 |
| 2020 | 500,454,000,000,000 |
Gross fixed capital formation, private sector (% of GDP)
Gross fixed capital formation, private sector (% of GDP) in Korea was 25.89 as of 2020. Its highest value over the past 50 years was 32.99 in 1991, while its lowest value was 16.61 in 1972.
Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1970 | 19.72 |
| 1971 | 17.70 |
| 1972 | 16.61 |
| 1973 | 20.21 |
| 1974 | 23.00 |
| 1975 | 22.03 |
| 1976 | 21.31 |
| 1977 | 23.87 |
| 1978 | 27.33 |
| 1979 | 28.21 |
| 1980 | 25.77 |
| 1981 | 22.00 |
| 1982 | 23.80 |
| 1983 | 24.48 |
| 1984 | 24.28 |
| 1985 | 23.81 |
| 1986 | 24.18 |
| 1987 | 25.36 |
| 1988 | 25.74 |
| 1989 | 27.77 |
| 1990 | 32.07 |
| 1991 | 32.99 |
| 1992 | 30.92 |
| 1993 | 30.55 |
| 1994 | 30.75 |
| 1995 | 31.59 |
| 1996 | 31.96 |
| 1997 | 29.93 |
| 1998 | 24.97 |
| 1999 | 24.74 |
| 2000 | 26.44 |
| 2001 | 25.35 |
| 2002 | 25.32 |
| 2003 | 25.64 |
| 2004 | 25.44 |
| 2005 | 25.16 |
| 2006 | 25.42 |
| 2007 | 25.19 |
| 2008 | 25.73 |
| 2009 | 24.39 |
| 2010 | 24.99 |
| 2011 | 25.17 |
| 2012 | 24.77 |
| 2013 | 24.32 |
| 2014 | 24.62 |
| 2015 | 24.68 |
| 2016 | 25.29 |
| 2017 | 27.09 |
| 2018 | 25.87 |
| 2019 | 25.00 |
| 2020 | 25.89 |
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Korea was $509,601,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $523,932,000,000 in 2018 and $283,834,100 in 1961.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $445,149,900 |
| 1961 | $283,834,100 |
| 1962 | $389,386,100 |
| 1963 | $540,079,000 |
| 1964 | $400,428,500 |
| 1965 | $475,788,300 |
| 1966 | $800,656,000 |
| 1967 | $1,073,266,000 |
| 1968 | $1,594,180,000 |
| 1969 | $2,043,170,000 |
| 1970 | $2,327,730,000 |
| 1971 | $2,313,409,000 |
| 1972 | $2,330,423,000 |
| 1973 | $3,375,176,000 |
| 1974 | $5,318,565,000 |
| 1975 | $5,932,231,000 |
| 1976 | $7,890,083,000 |
| 1977 | $11,263,020,000 |
| 1978 | $17,428,510,000 |
| 1979 | $23,079,340,000 |
| 1980 | $21,499,100,000 |
| 1981 | $21,184,680,000 |
| 1982 | $23,273,920,000 |
| 1983 | $26,570,290,000 |
| 1984 | $28,968,340,000 |
| 1985 | $29,884,020,000 |
| 1986 | $34,354,530,000 |
| 1987 | $44,718,620,000 |
| 1988 | $61,143,590,000 |
| 1989 | $80,687,600,000 |
| 1990 | $105,790,000,000 |
| 1991 | $128,832,000,000 |
| 1992 | $131,571,000,000 |
| 1993 | $143,003,000,000 |
| 1994 | $168,777,000,000 |
| 1995 | $210,304,000,000 |
| 1996 | $228,799,000,000 |
| 1997 | $203,105,000,000 |
| 1998 | $117,940,000,000 |
| 1999 | $149,219,000,000 |
| 2000 | $182,938,000,000 |
| 2001 | $168,418,000,000 |
| 2002 | $190,554,000,000 |
| 2003 | $219,700,000,000 |
| 2004 | $246,137,000,000 |
| 2005 | $284,928,000,000 |
| 2006 | $321,162,000,000 |
| 2007 | $353,585,000,000 |
| 2008 | $324,632,000,000 |
| 2009 | $291,367,000,000 |
| 2010 | $345,817,000,000 |
| 2011 | $377,901,000,000 |
| 2012 | $377,829,000,000 |
| 2013 | $398,801,000,000 |
| 2014 | $429,826,000,000 |
| 2015 | $425,230,000,000 |
| 2016 | $445,825,000,000 |
| 2017 | $511,716,000,000 |
| 2018 | $523,932,000,000 |
| 2019 | $496,845,000,000 |
| 2020 | $509,601,000,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in Korea was 601,465,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 601,465,000,000,000 in 2020 and a minimum value of 28,100,000,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 28,100,000,000 |
| 1961 | 35,420,000,000 |
| 1962 | 50,620,000,000 |
| 1963 | 70,210,000,000 |
| 1964 | 85,630,000,000 |
| 1965 | 126,750,000,000 |
| 1966 | 217,250,000,000 |
| 1967 | 290,340,000,000 |
| 1968 | 441,030,000,000 |
| 1969 | 588,760,000,000 |
| 1970 | 722,900,000,000 |
| 1971 | 803,100,000,000 |
| 1972 | 915,600,000,000 |
| 1973 | 1,344,400,000,000 |
| 1974 | 2,151,200,000,000 |
| 1975 | 2,871,200,000,000 |
| 1976 | 3,818,800,000,000 |
| 1977 | 5,451,300,000,000 |
| 1978 | 8,435,400,000,000 |
| 1979 | 11,170,400,000,000 |
| 1980 | 13,059,200,000,000 |
| 1981 | 14,427,400,000,000 |
| 1982 | 17,015,100,000,000 |
| 1983 | 20,611,900,000,000 |
| 1984 | 23,347,900,000,000 |
| 1985 | 25,999,700,000,000 |
| 1986 | 30,281,800,000,000 |
| 1987 | 36,784,200,000,000 |
| 1988 | 44,724,700,000,000 |
| 1989 | 54,178,500,000,000 |
| 1990 | 74,874,000,000,000 |
| 1991 | 94,479,300,000,000 |
| 1992 | 102,711,000,000,000 |
| 1993 | 114,784,000,000,000 |
| 1994 | 135,604,000,000,000 |
| 1995 | 162,201,000,000,000 |
| 1996 | 184,058,000,000,000 |
| 1997 | 193,212,000,000,000 |
| 1998 | 165,286,000,000,000 |
| 1999 | 177,394,000,000,000 |
| 2000 | 206,895,000,000,000 |
| 2001 | 217,426,000,000,000 |
| 2002 | 238,401,000,000,000 |
| 2003 | 261,797,000,000,000 |
| 2004 | 281,906,000,000,000 |
| 2005 | 291,800,000,000,000 |
| 2006 | 306,642,000,000,000 |
| 2007 | 328,572,000,000,000 |
| 2008 | 357,760,000,000,000 |
| 2009 | 372,056,000,000,000 |
| 2010 | 399,786,000,000,000 |
| 2011 | 418,825,000,000,000 |
| 2012 | 425,614,000,000,000 |
| 2013 | 436,628,000,000,000 |
| 2014 | 452,590,000,000,000 |
| 2015 | 481,002,000,000,000 |
| 2016 | 517,350,000,000,000 |
| 2017 | 578,457,000,000,000 |
| 2018 | 576,587,000,000,000 |
| 2019 | 579,002,000,000,000 |
| 2020 | 601,465,000,000,000 |
Gross fixed capital formation (constant 2010 US$)
The latest value for Gross fixed capital formation (constant 2010 US$) in Korea was 488,641,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 497,523,000,000 in 2017 and 1,498,288,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 1,498,288,000 |
| 1961 | 1,599,070,000 |
| 1962 | 2,071,683,000 |
| 1963 | 2,598,577,000 |
| 1964 | 2,437,238,000 |
| 1965 | 3,140,588,000 |
| 1966 | 4,952,096,000 |
| 1967 | 6,248,732,000 |
| 1968 | 8,749,798,000 |
| 1969 | 11,005,980,000 |
| 1970 | 11,957,660,000 |
| 1971 | 12,705,920,000 |
| 1972 | 13,033,550,000 |
| 1973 | 16,434,760,000 |
| 1974 | 18,809,140,000 |
| 1975 | 20,745,030,000 |
| 1976 | 26,457,410,000 |
| 1977 | 35,049,050,000 |
| 1978 | 47,383,940,000 |
| 1979 | 51,880,930,000 |
| 1980 | 46,128,590,000 |
| 1981 | 45,138,190,000 |
| 1982 | 50,404,740,000 |
| 1983 | 58,527,390,000 |
| 1984 | 65,328,660,000 |
| 1985 | 69,468,580,000 |
| 1986 | 79,427,310,000 |
| 1987 | 94,070,720,000 |
| 1988 | 107,285,000,000 |
| 1989 | 124,576,000,000 |
| 1990 | 155,241,000,000 |
| 1991 | 177,480,000,000 |
| 1992 | 181,686,000,000 |
| 1993 | 196,450,000,000 |
| 1994 | 224,068,000,000 |
| 1995 | 253,136,000,000 |
| 1996 | 274,821,000,000 |
| 1997 | 273,396,000,000 |
| 1998 | 217,246,000,000 |
| 1999 | 237,349,000,000 |
| 2000 | 270,546,000,000 |
| 2001 | 276,536,000,000 |
| 2002 | 297,118,000,000 |
| 2003 | 312,917,000,000 |
| 2004 | 321,641,000,000 |
| 2005 | 326,417,000,000 |
| 2006 | 339,383,000,000 |
| 2007 | 356,545,000,000 |
| 2008 | 354,351,000,000 |
| 2009 | 355,817,000,000 |
| 2010 | 376,283,000,000 |
| 2011 | 381,256,000,000 |
| 2012 | 380,748,000,000 |
| 2013 | 391,462,000,000 |
| 2014 | 403,621,000,000 |
| 2015 | 425,230,000,000 |
| 2016 | 453,195,000,000 |
| 2017 | 497,523,000,000 |
| 2018 | 486,570,000,000 |
| 2019 | 476,197,000,000 |
| 2020 | 488,641,000,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in Korea was 2.61 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 57.68 in 1966 and a minimum value of -20.54 in 1998.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 6.73 |
| 1962 | 29.56 |
| 1963 | 25.43 |
| 1964 | -6.21 |
| 1965 | 28.86 |
| 1966 | 57.68 |
| 1967 | 26.18 |
| 1968 | 40.03 |
| 1969 | 25.79 |
| 1970 | 8.65 |
| 1971 | 6.26 |
| 1972 | 2.58 |
| 1973 | 26.10 |
| 1974 | 14.45 |
| 1975 | 10.29 |
| 1976 | 27.54 |
| 1977 | 32.47 |
| 1978 | 35.19 |
| 1979 | 9.49 |
| 1980 | -11.09 |
| 1981 | -2.15 |
| 1982 | 11.67 |
| 1983 | 16.11 |
| 1984 | 11.62 |
| 1985 | 6.34 |
| 1986 | 14.34 |
| 1987 | 18.44 |
| 1988 | 14.05 |
| 1989 | 16.12 |
| 1990 | 24.62 |
| 1991 | 14.33 |
| 1992 | 2.37 |
| 1993 | 8.13 |
| 1994 | 14.06 |
| 1995 | 12.97 |
| 1996 | 8.57 |
| 1997 | -0.52 |
| 1998 | -20.54 |
| 1999 | 9.25 |
| 2000 | 13.99 |
| 2001 | 2.21 |
| 2002 | 7.44 |
| 2003 | 5.32 |
| 2004 | 2.79 |
| 2005 | 1.49 |
| 2006 | 3.97 |
| 2007 | 5.06 |
| 2008 | -0.62 |
| 2009 | 0.41 |
| 2010 | 5.75 |
| 2011 | 1.32 |
| 2012 | -0.13 |
| 2013 | 2.81 |
| 2014 | 3.11 |
| 2015 | 5.35 |
| 2016 | 6.58 |
| 2017 | 9.78 |
| 2018 | -2.20 |
| 2019 | -2.13 |
| 2020 | 2.61 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in Korea was 552,730,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 562,777,000,000,000 in 2017 and a minimum value of 1,694,800,000,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 1,694,800,000,000 |
| 1961 | 1,808,800,000,000 |
| 1962 | 2,343,400,000,000 |
| 1963 | 2,939,400,000,000 |
| 1964 | 2,756,900,000,000 |
| 1965 | 3,552,500,000,000 |
| 1966 | 5,601,600,000,000 |
| 1967 | 7,068,300,000,000 |
| 1968 | 9,897,400,000,000 |
| 1969 | 12,449,500,000,000 |
| 1970 | 13,526,000,000,000 |
| 1971 | 14,372,400,000,000 |
| 1972 | 14,743,000,000,000 |
| 1973 | 18,590,300,000,000 |
| 1974 | 21,276,100,000,000 |
| 1975 | 23,465,900,000,000 |
| 1976 | 29,927,500,000,000 |
| 1977 | 39,646,000,000,000 |
| 1978 | 53,598,700,000,000 |
| 1979 | 58,685,500,000,000 |
| 1980 | 52,178,700,000,000 |
| 1981 | 51,058,400,000,000 |
| 1982 | 57,015,700,000,000 |
| 1983 | 66,203,700,000,000 |
| 1984 | 73,897,000,000,000 |
| 1985 | 78,579,900,000,000 |
| 1986 | 89,844,800,000,000 |
| 1987 | 106,409,000,000,000 |
| 1988 | 121,356,000,000,000 |
| 1989 | 140,915,000,000,000 |
| 1990 | 175,602,000,000,000 |
| 1991 | 200,758,000,000,000 |
| 1992 | 205,516,000,000,000 |
| 1993 | 222,216,000,000,000 |
| 1994 | 253,456,000,000,000 |
| 1995 | 286,337,000,000,000 |
| 1996 | 310,866,000,000,000 |
| 1997 | 309,254,000,000,000 |
| 1998 | 245,740,000,000,000 |
| 1999 | 268,479,000,000,000 |
| 2000 | 306,030,000,000,000 |
| 2001 | 312,806,000,000,000 |
| 2002 | 336,087,000,000,000 |
| 2003 | 353,958,000,000,000 |
| 2004 | 363,826,000,000,000 |
| 2005 | 369,229,000,000,000 |
| 2006 | 383,896,000,000,000 |
| 2007 | 403,309,000,000,000 |
| 2008 | 400,827,000,000,000 |
| 2009 | 402,485,000,000,000 |
| 2010 | 425,635,000,000,000 |
| 2011 | 431,261,000,000,000 |
| 2012 | 430,686,000,000,000 |
| 2013 | 442,806,000,000,000 |
| 2014 | 456,558,000,000,000 |
| 2015 | 481,002,000,000,000 |
| 2016 | 512,635,000,000,000 |
| 2017 | 562,777,000,000,000 |
| 2018 | 550,387,000,000,000 |
| 2019 | 538,654,000,000,000 |
| 2020 | 552,730,000,000,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in Korea was 31.11 as of 2020. Its highest value over the past 60 years was 38.96 in 1991, while its lowest value was 11.25 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 11.25 |
| 1961 | 11.74 |
| 1962 | 13.84 |
| 1963 | 13.54 |
| 1964 | 11.58 |
| 1965 | 15.25 |
| 1966 | 20.38 |
| 1967 | 22.10 |
| 1968 | 26.05 |
| 1969 | 26.61 |
| 1970 | 25.85 |
| 1971 | 23.36 |
| 1972 | 21.45 |
| 1973 | 24.32 |
| 1974 | 27.21 |
| 1975 | 27.23 |
| 1976 | 26.39 |
| 1977 | 29.30 |
| 1978 | 33.53 |
| 1979 | 34.47 |
| 1980 | 32.87 |
| 1981 | 29.05 |
| 1982 | 29.70 |
| 1983 | 30.28 |
| 1984 | 29.71 |
| 1985 | 29.50 |
| 1986 | 29.40 |
| 1987 | 30.23 |
| 1988 | 30.63 |
| 1989 | 32.68 |
| 1990 | 37.33 |
| 1991 | 38.96 |
| 1992 | 37.01 |
| 1993 | 36.42 |
| 1994 | 36.40 |
| 1995 | 37.12 |
| 1996 | 37.50 |
| 1997 | 35.65 |
| 1998 | 30.77 |
| 1999 | 29.99 |
| 2000 | 31.75 |
| 2001 | 30.75 |
| 2002 | 30.38 |
| 2003 | 31.26 |
| 2004 | 31.03 |
| 2005 | 30.48 |
| 2006 | 30.49 |
| 2007 | 30.15 |
| 2008 | 31.00 |
| 2009 | 30.87 |
| 2010 | 30.23 |
| 2011 | 30.15 |
| 2012 | 29.55 |
| 2013 | 29.09 |
| 2014 | 28.96 |
| 2015 | 29.01 |
| 2016 | 29.72 |
| 2017 | 31.51 |
| 2018 | 30.38 |
| 2019 | 30.09 |
| 2020 | 31.11 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
