Korea vs Latin America & Caribbean: Gross capital formation
Gross capital formation over time
- Korea
- Latin America & Caribbean
How they compare
Korea currently reports 29.1% against 19.0% in Latin America & Caribbean, a difference of 10.1%.
That makes Korea's figure about 1.5 times Latin America & Caribbean's.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Latin America & Caribbean ahead.
Korea ranks 44th and Latin America & Caribbean ranks 41st of 187 countries.
Across the 7 decades both report, Korea averaged higher in 6 and Latin America & Caribbean in 1.
Head to head by decade
| Decade | Korea | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 18.9% | 21.9% | 3.1% | Latin America & Caribbean |
| 1970s | 29.2% | 24.8% | 4.5% | Korea |
| 1980s | 34.0% | 22.1% | 11.9% | Korea |
| 1990s | 37.4% | 20.6% | 16.8% | Korea |
| 2000s | 32.4% | 20.1% | 12.3% | Korea |
| 2010s | 31.1% | 20.4% | 10.7% | Korea |
| 2020s | 31.4% | 19.1% | 12.3% | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, Korea or Latin America & Caribbean?
- Korea, at 29.1% against 19.0% in Latin America & Caribbean as of 2025.
- What is the difference in gross capital formation between Korea and Latin America & Caribbean?
- 10.1%, with Korea ahead.
- How many years of comparable data are there for Korea and Latin America & Caribbean?
- 66 years are reported by both, from 1960 to 2025.
- How do Korea and Latin America & Caribbean rank globally for gross capital formation?
- Korea ranks 44th and Latin America & Caribbean ranks 41st 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.