Korea vs Latin America & Caribbean (excluding high income): Gross capital formation (current US$), per unit of GDP
Gross capital formation (current US$), per unit of GDP over time
- Korea
- Latin America & Caribbean (excluding high income)
How they compare
Korea currently reports 0.2913 current US$ per US$ of GDP against 0.1869 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income), a difference of 0.1044 current US$ per US$ of GDP.
That makes Korea's figure about 1.6 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Latin America & Caribbean (excluding high income) ahead.
Korea ranks 44th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
Across the 7 decades both report, Korea averaged higher in 6 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | Korea | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.1887 current US$ per US$ of GDP | 0.2237 current US$ per US$ of GDP | 0.0351 current US$ per US$ of GDP | Latin America & Caribbean (excluding high income) |
| 1970s | 0.2924 current US$ per US$ of GDP | 0.253 current US$ per US$ of GDP | 0.0395 current US$ per US$ of GDP | Korea |
| 1980s | 0.3402 current US$ per US$ of GDP | 0.2265 current US$ per US$ of GDP | 0.1138 current US$ per US$ of GDP | Korea |
| 1990s | 0.3737 current US$ per US$ of GDP | 0.2047 current US$ per US$ of GDP | 0.169 current US$ per US$ of GDP | Korea |
| 2000s | 0.3235 current US$ per US$ of GDP | 0.2002 current US$ per US$ of GDP | 0.1233 current US$ per US$ of GDP | Korea |
| 2010s | 0.3106 current US$ per US$ of GDP | 0.2016 current US$ per US$ of GDP | 0.1091 current US$ per US$ of GDP | Korea |
| 2020s | 0.3139 current US$ per US$ of GDP | 0.1891 current US$ per US$ of GDP | 0.1248 current US$ per US$ of GDP | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation (current us$), per unit of gdp, Korea or Latin America & Caribbean (excluding high income)?
- Korea, at 0.2913 current US$ per US$ of GDP against 0.1869 current US$ per US$ of GDP in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in gross capital formation (current us$), per unit of gdp between Korea and Latin America & Caribbean (excluding high income)?
- 0.1044 current US$ per US$ of GDP, with Korea ahead.
- How many years of comparable data are there for Korea and Latin America & Caribbean (excluding high income)?
- 66 years are reported by both, from 1960 to 2025.
- How do Korea and Latin America & Caribbean (excluding high income) rank globally for gross capital formation (current us$), per unit of gdp?
- Korea ranks 44th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross capital formation (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.