East Asia & Pacific vs South Korea: Gross fixed capital formation
Gross fixed capital formation over time
- East Asia & Pacific
- South Korea
How they compare
East Asia & Pacific currently reports 10.99 trillion current US$ against 530.44 billion current US$ in South Korea, a difference of 10.46 trillion current US$.
That makes East Asia & Pacific's figure about 20.7 times South Korea's.
Across all 65 years both countries report, East Asia & Pacific has been ahead every year.
East Asia & Pacific ranks 9th and South Korea ranks 11th of 41 groups.
East Asia & Pacific has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | East Asia & Pacific | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 77.71 billion current US$ | 804.57 million current US$ | 76.91 billion current US$ | East Asia & Pacific |
| 1970s | 312.87 billion current US$ | 8.18 billion current US$ | 304.70 billion current US$ | East Asia & Pacific |
| 1980s | 899.26 billion current US$ | 37.77 billion current US$ | 861.49 billion current US$ | East Asia & Pacific |
| 1990s | 2.24 trillion current US$ | 161.55 billion current US$ | 2.08 trillion current US$ | East Asia & Pacific |
| 2000s | 3.17 trillion current US$ | 267.64 billion current US$ | 2.90 trillion current US$ | East Asia & Pacific |
| 2010s | 7.75 trillion current US$ | 458.20 billion current US$ | 7.29 trillion current US$ | East Asia & Pacific |
| 2020s | 10.77 trillion current US$ | 574.17 billion current US$ | 10.20 trillion current US$ | East Asia & Pacific |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, East Asia & Pacific or South Korea?
- East Asia & Pacific, at 10.99 trillion current US$ against 530.44 billion current US$ in South Korea as of 2024.
- What is the difference in gross fixed capital formation between East Asia & Pacific and South Korea?
- 10.46 trillion current US$, with East Asia & Pacific ahead.
- How many years of comparable data are there for East Asia & Pacific and South Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do East Asia & Pacific and South Korea rank globally for gross fixed capital formation?
- East Asia & Pacific ranks 9th and South Korea ranks 11th of 41 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.