Iraq vs Republic of Korea: Gross capital formation (current US$), annual growth rate

Iraq
-1.91 % change on previous year
in 2024
Republic of Korea
-2.97 % change on previous year
in 2025
Iraq rank
151st
Republic of Korea rank
154th

Gross capital formation (current US$), annual growth rate over time

  • Iraq
  • Republic of Korea
-2000200400600800196119932025

How they compare

Iraq currently reports -1.91 % change on previous year against -2.97 % change on previous year in Republic of Korea, a difference of 1.06 % change on previous year.

The two have swapped places 27 times across 53 shared years of data; in 1971 it was Republic of Korea ahead.

Iraq ranks 151st and Republic of Korea ranks 154th of 186 countries.

Across the 6 decades both report, Iraq averaged higher in 5 and Republic of Korea in 1.

Head to head by decade

Decade Iraq Republic of Korea Difference Ahead
1970s 48.58 % change on previous year 32.89 % change on previous year 15.69 % change on previous year Iraq
1980s -0.1935 % change on previous year 14.91 % change on previous year 15.11 % change on previous year Republic of Korea
1990s 206.35 % change on previous year 7.3 % change on previous year 199.05 % change on previous year Iraq
2000s 21.49 % change on previous year 7.03 % change on previous year 14.45 % change on previous year Iraq
2010s 19.38 % change on previous year 7.04 % change on previous year 12.34 % change on previous year Iraq
2020s 3.78 % change on previous year 0.8224 % change on previous year 2.96 % change on previous year Iraq

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross capital formation (current us$), annual growth rate, Iraq or Republic of Korea?
Iraq, at -1.91 % change on previous year against -2.97 % change on previous year in Republic of Korea as of 2024.
What is the difference in gross capital formation (current us$), annual growth rate between Iraq and Republic of Korea?
1.06 % change on previous year, with Iraq ahead.
How many years of comparable data are there for Iraq and Republic of Korea?
53 years are reported by both, from 1971 to 2024.
How do Iraq and Republic of Korea rank globally for gross capital formation (current us$), annual growth rate?
Iraq ranks 151st and Republic of Korea ranks 154th of 186 countries.
Where does this data come from?
Statizoid (derived), published as Gross capital formation (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Republic of Korea: Gross capital formation (current US$), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 06 September 2026, from https://economy.statizoid.com/compare/gross-capital-formation-current-us-annual-growth-rate/iraq/korea-rep/

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About this data

Indicator
Gross capital formation (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
229 places, 10,635 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross capital formation (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.