Republic of Korea vs Mongolia: Gross fixed capital formation
Gross fixed capital formation over time
- Republic of Korea
- Mongolia
How they compare
Republic of Korea currently reports 28.3% against 28.0% in Mongolia, a difference of 0.3%.
The two have swapped places 7 times across 45 shared years of data; in 1981 it was Mongolia ahead.
Republic of Korea ranks 37th and Mongolia ranks 40th of 181 countries.
Across the 5 decades both report, Republic of Korea averaged higher in 3 and Mongolia in 2.
Head to head by decade
| Decade | Republic of Korea | Mongolia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 29.8% | 54.8% | 25.0% | Mongolia |
| 1990s | 35.2% | 24.7% | 10.5% | Republic of Korea |
| 2000s | 30.7% | 28.7% | 2.0% | Republic of Korea |
| 2010s | 30.1% | 31.0% | 0.9% | Mongolia |
| 2020s | 30.7% | 26.8% | 3.9% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, Republic of Korea or Mongolia?
- Republic of Korea, at 28.3% against 28.0% in Mongolia as of 2025.
- What is the difference in gross fixed capital formation between Republic of Korea and Mongolia?
- 0.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Mongolia?
- 45 years are reported by both, from 1981 to 2025.
- How do Republic of Korea and Mongolia rank globally for gross fixed capital formation?
- Republic of Korea ranks 37th and Mongolia 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.