South Korea vs Latin America & the Caribbean (IDA & IBRD countries): Gross fixed capital formation
Gross fixed capital formation over time
- South Korea
- Latin America & the Caribbean (IDA & IBRD countries)
How they compare
South Korea currently reports 28.3% against 18.9% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 9.4%.
That makes South Korea's figure about 1.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 56 years both countries report, South Korea has been ahead every year.
South Korea ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 181 countries.
South Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Korea | Latin America & the Caribbean (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 27.0% | 22.0% | 5.0% | South Korea |
| 1980s | 30.1% | 20.5% | 9.6% | South Korea |
| 1990s | 35.2% | 19.3% | 15.8% | South Korea |
| 2000s | 30.7% | 19.2% | 11.5% | South Korea |
| 2010s | 30.1% | 20.0% | 10.1% | South Korea |
| 2020s | 30.7% | 19.2% | 11.5% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, South Korea or Latin America & the Caribbean (IDA & IBRD countries)?
- South Korea, at 28.3% against 18.9% in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross fixed capital formation between South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 9.4%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latin America & the Caribbean (IDA & IBRD countries)?
- 56 years are reported by both, from 1970 to 2025.
- How do South Korea and Latin America & the Caribbean (IDA & IBRD countries) rank globally for gross fixed capital formation?
- South Korea ranks 37th and Latin America & the Caribbean (IDA & IBRD countries) ranks 40th of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (% of GDP). 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 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.