Republic of Korea vs United States: Gross Fixed Capital Formation — Value Standard Local Currency, annual
Republic of Korea
6.06 % change on previous year
in 2024
United States
6.14 % change on previous year
in 2024
Republic of Korea rank
113th
United States rank
112th
Gross Fixed Capital Formation — Value Standard Local Currency, annual over time
- Republic of Korea
- United States
How they compare
United States currently reports 6.14 % change on previous year against 6.06 % change on previous year in Republic of Korea, a difference of 0.08 % change on previous year.
The two have swapped places 14 times across 54 shared years of data; in 1971 it was United States ahead.
Republic of Korea ranks 113th and United States ranks 112th of 230 countries.
Across the 6 decades both report, Republic of Korea averaged higher in 4 and United States in 2.
Head to head by decade
| Decade | Republic of Korea | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 36.63 % change on previous year | 24.45 % change on previous year | 12.18 % change on previous year | Republic of Korea |
| 1980s | 17.26 % change on previous year | 6.91 % change on previous year | 10.35 % change on previous year | Republic of Korea |
| 1990s | 13.44 % change on previous year | 5.91 % change on previous year | 7.53 % change on previous year | Republic of Korea |
| 2000s | 7.97 % change on previous year | 2.42 % change on previous year | 5.55 % change on previous year | Republic of Korea |
| 2010s | 4.78 % change on previous year | 5.39 % change on previous year | 0.6124 % change on previous year | United States |
| 2020s | 5.89 % change on previous year | 6.55 % change on previous year | 0.6607 % change on previous year | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value standard local currency, annual, Republic of Korea or United States?
- United States, at 6.14 % change on previous year against 6.06 % change on previous year in Republic of Korea as of 2024.
- What is the difference in gross fixed capital formation — value standard local currency, annual between Republic of Korea and United States?
- 0.08 % change on previous year, with United States ahead.
- How many years of comparable data are there for Republic of Korea and United States?
- 54 years are reported by both, from 1971 to 2024.
- How do Republic of Korea and United States rank globally for gross fixed capital formation — value standard local currency, annual?
- Republic of Korea ranks 113th and United States ranks 112th 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.