Korea vs Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation (current US$), per unit of GDP
Gross fixed capital formation (current US$), per unit of GDP over time
- Korea
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
Korea currently reports 0.2833 current US$ per US$ of GDP against 0.1893 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.094 current US$ per US$ of GDP.
That makes Korea's figure about 1.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 56 years both countries report, Korea has been ahead every year.
Korea ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 181 countries.
Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Korea | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.2704 current US$ per US$ of GDP | 0.2203 current US$ per US$ of GDP | 0.05 current US$ per US$ of GDP | Korea |
| 1980s | 0.3008 current US$ per US$ of GDP | 0.2048 current US$ per US$ of GDP | 0.0961 current US$ per US$ of GDP | Korea |
| 1990s | 0.3516 current US$ per US$ of GDP | 0.1935 current US$ per US$ of GDP | 0.1581 current US$ per US$ of GDP | Korea |
| 2000s | 0.307 current US$ per US$ of GDP | 0.1922 current US$ per US$ of GDP | 0.1148 current US$ per US$ of GDP | Korea |
| 2010s | 0.3007 current US$ per US$ of GDP | 0.1997 current US$ per US$ of GDP | 0.101 current US$ per US$ of GDP | Korea |
| 2020s | 0.3071 current US$ per US$ of GDP | 0.1922 current US$ per US$ of GDP | 0.115 current US$ per US$ of GDP | Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (current us$), per unit of gdp, Korea or Latin America & the Caribbean (IDA & IBRD countries)?
- Korea, at 0.2833 current US$ per US$ of GDP against 0.1893 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross fixed capital formation (current us$), per unit of gdp between Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 0.094 current US$ per US$ of GDP, with Korea ahead.
- How many years of comparable data are there for Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 56 years are reported by both, from 1970 to 2025.
- How do Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross fixed capital formation (current us$), per unit of gdp?
- Korea ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 181 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (current US$), 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 fixed 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.