Australia vs South Korea: Gross fixed capital formation
Gross fixed capital formation over time
- Australia
- South Korea
How they compare
South Korea currently reports 530.44 billion current US$ against 437.56 billion current US$ in Australia, a difference of 92.89 billion current US$.
That makes South Korea's figure about 1.2 times Australia's.
The two have swapped places 3 times across 66 shared years of data; in 1960 it was Australia ahead.
Australia ranks 13th and South Korea ranks 11th of 179 countries.
Across the 7 decades both report, Australia averaged higher in 3 and South Korea in 4.
Head to head by decade
| Decade | Australia | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.96 billion current US$ | 804.57 million current US$ | 7.16 billion current US$ | Australia |
| 1970s | 23.47 billion current US$ | 8.18 billion current US$ | 15.30 billion current US$ | Australia |
| 1980s | 54.82 billion current US$ | 37.77 billion current US$ | 17.05 billion current US$ | Australia |
| 1990s | 88.47 billion current US$ | 161.55 billion current US$ | 73.08 billion current US$ | South Korea |
| 2000s | 176.22 billion current US$ | 267.64 billion current US$ | 91.43 billion current US$ | South Korea |
| 2010s | 358.78 billion current US$ | 458.20 billion current US$ | 99.42 billion current US$ | South Korea |
| 2020s | 385.09 billion current US$ | 566.89 billion current US$ | 181.79 billion current US$ | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Australia or South Korea?
- South Korea, at 530.44 billion current US$ against 437.56 billion current US$ in Australia as of 2025.
- What is the difference in gross fixed capital formation between Australia and South Korea?
- 92.89 billion current US$, with South Korea ahead.
- How many years of comparable data are there for Australia and South Korea?
- 66 years are reported by both, from 1960 to 2025.
- How do Australia and South Korea rank globally for gross fixed capital formation?
- Australia ranks 13th and South Korea ranks 11th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.