Indonesia vs Republic of Korea: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Indonesia
5.94 % change on previous year
in 2024
Republic of Korea
6.06 % change on previous year
in 2024
Indonesia rank
115th
Republic of Korea rank
113th
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Indonesia
- Republic of Korea
How they compare
Republic of Korea currently reports 6.06 % change on previous year against 5.94 % change on previous year in Indonesia, a difference of 0.12 % change on previous year.
The two have swapped places 19 times across 54 shared years of data; in 1971 it was Indonesia ahead.
Indonesia ranks 115th and Republic of Korea ranks 113th of 230 countries.
Across the 6 decades both report, Indonesia averaged higher in 4 and Republic of Korea in 2.
Head to head by decade
| Decade | Indonesia | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 35.3 % change on previous year | 36.63 % change on previous year | 1.33 % change on previous year | Republic of Korea |
| 1980s | 22.4 % change on previous year | 17.26 % change on previous year | 5.13 % change on previous year | Indonesia |
| 1990s | 17.38 % change on previous year | 13.44 % change on previous year | 3.94 % change on previous year | Indonesia |
| 2000s | 22.97 % change on previous year | 7.97 % change on previous year | 15 % change on previous year | Indonesia |
| 2010s | 11.1 % change on previous year | 4.78 % change on previous year | 6.32 % change on previous year | Indonesia |
| 2020s | 4.97 % change on previous year | 5.89 % change on previous year | 0.923 % change on previous year | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, annual, Indonesia or Republic of Korea?
- Republic of Korea, at 6.06 % change on previous year against 5.94 % change on previous year in Indonesia as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Indonesia and Republic of Korea?
- 0.12 % change on previous year, with Republic of Korea ahead.
- How many years of comparable data are there for Indonesia and Republic of Korea?
- 54 years are reported by both, from 1971 to 2024.
- How do Indonesia and Republic of Korea rank globally for gross fixed capital formation — value standard local currency, annual?
- Indonesia ranks 115th and Republic of Korea ranks 113th of 230 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.