Iraq vs South Korea: Gross capital formation (current LCU), per unit of GDP (current unit)

Iraq
248.77 current LCU per US$ of GDP
in 2024
South Korea
414.37 current LCU per US$ of GDP
in 2025
Iraq rank
20th
South Korea rank
18th

Gross capital formation (current LCU), per unit of GDP (current unit) over time

  • Iraq
  • South Korea
0200400196019922025

How they compare

South Korea currently reports 414.37 current LCU per US$ of GDP against 248.77 current LCU per US$ of GDP in Iraq, a difference of 165.6 current LCU per US$ of GDP.

That makes South Korea's figure about 1.7 times Iraq's.

The two have swapped places 4 times across 55 shared years of data; in 1970 it was South Korea ahead.

Iraq ranks 20th and South Korea ranks 18th of 187 countries.

South Korea has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Iraq South Korea Difference Ahead
1970s 0.0737 current LCU per US$ of GDP 126.63 current LCU per US$ of GDP 126.56 current LCU per US$ of GDP South Korea
1980s 0.0813 current LCU per US$ of GDP 257.3 current LCU per US$ of GDP 257.22 current LCU per US$ of GDP South Korea
1990s 155.88 current LCU per US$ of GDP 325.76 current LCU per US$ of GDP 169.88 current LCU per US$ of GDP South Korea
2000s 244.87 current LCU per US$ of GDP 364.49 current LCU per US$ of GDP 119.62 current LCU per US$ of GDP South Korea
2010s 212.42 current LCU per US$ of GDP 348.88 current LCU per US$ of GDP 136.46 current LCU per US$ of GDP South Korea
2020s 289.08 current LCU per US$ of GDP 399.84 current LCU per US$ of GDP 110.76 current LCU per US$ of GDP South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current lcu), per unit of gdp, Iraq or South Korea?
South Korea, at 414.37 current LCU per US$ of GDP against 248.77 current LCU per US$ of GDP in Iraq as of 2025.
What is the difference in gross capital formation (current lcu), per unit of gdp between Iraq and South Korea?
165.6 current LCU per US$ of GDP, with South Korea ahead.
How many years of comparable data are there for Iraq and South Korea?
55 years are reported by both, from 1970 to 2024.
How do Iraq and South Korea rank globally for gross capital formation (current lcu), per unit of gdp?
Iraq ranks 20th and South Korea ranks 18th of 187 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs South Korea: Gross capital formation (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 24 October 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-lcu-per-unit-of-gdp/iraq/korea-rep/

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About this data

Indicator
Gross capital formation (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 8,666 data points, 1960–2025
Last refreshed

Gross capital formation (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.