South Korea vs Latin America & Caribbean: Adjusted savings: consumption of fixed capital
Adjusted savings: consumption of fixed capital over time
- South Korea
- Latin America & Caribbean
How they compare
South Korea currently reports 20.6% against 16.6% in Latin America & Caribbean, a difference of 4.0%.
That makes South Korea's figure about 1.2 times Latin America & Caribbean's.
The two have swapped places 1 time across 52 shared years of data; in 1970 it was Latin America & Caribbean ahead.
South Korea ranks 16th and Latin America & Caribbean ranks 18th of 204 countries.
Across the 6 decades both report, South Korea averaged higher in 4 and Latin America & Caribbean in 2.
Head to head by decade
| Decade | South Korea | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 7.3% | 9.5% | 2.2% | Latin America & Caribbean |
| 1980s | 10.9% | 12.0% | 1.1% | Latin America & Caribbean |
| 1990s | 14.6% | 12.1% | 2.5% | South Korea |
| 2000s | 17.3% | 13.4% | 4.0% | South Korea |
| 2010s | 18.7% | 16.4% | 2.3% | South Korea |
| 2020s | 20.5% | 16.6% | 3.9% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher adjusted savings: consumption of fixed capital, South Korea or Latin America & Caribbean?
- South Korea, at 20.6% against 16.6% in Latin America & Caribbean as of 2021.
- What is the difference in adjusted savings: consumption of fixed capital between South Korea and Latin America & Caribbean?
- 4.0%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latin America & Caribbean?
- 52 years are reported by both, from 1970 to 2021.
- How do South Korea and Latin America & Caribbean rank globally for adjusted savings: consumption of fixed capital?
- South Korea ranks 16th and Latin America & Caribbean ranks 18th of 204 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Adjusted savings: consumption of fixed capital (% of GNI). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.