South Korea vs Low & middle income: Gross capital formation (current US$)
Gross capital formation (current US$) over time
- South Korea
- Low & middle income
How they compare
Low & middle income currently reports 13.11 trillion current US$ against 545.44 billion current US$ in South Korea, a difference of 12.56 trillion current US$.
That makes Low & middle income's figure about 24.0 times South Korea's.
Across all 65 years both countries report, Low & middle income has been ahead every year.
South Korea ranks 10th and Low & middle income ranks 7th of 187 countries.
Low & middle income has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | South Korea | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 886.70 million current US$ | 72.46 billion current US$ | 71.58 billion current US$ | Low & middle income |
| 1970s | 8.83 billion current US$ | 267.91 billion current US$ | 259.08 billion current US$ | Low & middle income |
| 1980s | 43.10 billion current US$ | 595.44 billion current US$ | 552.34 billion current US$ | Low & middle income |
| 1990s | 171.82 billion current US$ | 1.11 trillion current US$ | 941.64 billion current US$ | Low & middle income |
| 2000s | 283.05 billion current US$ | 2.80 trillion current US$ | 2.52 trillion current US$ | Low & middle income |
| 2010s | 472.28 billion current US$ | 8.68 trillion current US$ | 8.20 trillion current US$ | Low & middle income |
| 2020s | 586.21 billion current US$ | 12.23 trillion current US$ | 11.65 trillion current US$ | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, South Korea or Low & middle income?
- Low & middle income, at 13.11 trillion current US$ against 545.44 billion current US$ in South Korea as of 2024.
- What is the difference in gross capital formation between South Korea and Low & middle income?
- 12.56 trillion current US$, with Low & middle income ahead.
- How many years of comparable data are there for South Korea and Low & middle income?
- 65 years are reported by both, from 1960 to 2024.
- How do South Korea and Low & middle income rank globally for gross capital formation?
- South Korea ranks 10th and Low & middle income ranks 7th of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.