South Korea vs Latin America & Caribbean (excluding high income): Gross capital formation
Gross capital formation over time
- South Korea
- Latin America & Caribbean (excluding high income)
How they compare
South Korea currently reports 29.1% against 18.7% in Latin America & Caribbean (excluding high income), a difference of 10.4%.
That makes South 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.
South Korea ranks 44th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
Across the 7 decades both report, South Korea averaged higher in 6 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | South Korea | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 18.9% | 22.4% | 3.5% | Latin America & Caribbean (excluding high income) |
| 1970s | 29.2% | 25.3% | 3.9% | South Korea |
| 1980s | 34.0% | 22.6% | 11.4% | South Korea |
| 1990s | 37.4% | 20.5% | 16.9% | South Korea |
| 2000s | 32.4% | 20.0% | 12.3% | South Korea |
| 2010s | 31.1% | 20.2% | 10.9% | South Korea |
| 2020s | 31.4% | 18.9% | 12.5% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, South Korea or Latin America & Caribbean (excluding high income)?
- South Korea, at 29.1% against 18.7% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in gross capital formation between South Korea and Latin America & Caribbean (excluding high income)?
- 10.4%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latin America & Caribbean (excluding high income)?
- 66 years are reported by both, from 1960 to 2025.
- How do South Korea and Latin America & Caribbean (excluding high income) rank globally for gross capital formation?
- South Korea ranks 44th and Latin America & Caribbean (excluding high income) ranks 42nd of 187 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (% 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 includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.