Middle Africa vs Republic of Korea: Gross Fixed Capital Formation — Value US$, 2015 prices
Gross Fixed Capital Formation — Value US$, 2015 prices over time
- Middle Africa
- Republic of Korea
How they compare
Republic of Korea currently reports 571,534 million USD against 122,785 million USD in Middle Africa, a difference of 448,749 million USD.
That makes Republic of Korea's figure about 4.7 times Middle Africa's.
The two have swapped places 3 times across 55 shared years of data; in 1970 it was Middle Africa ahead.
Middle Africa ranks 6th and Republic of Korea ranks 8th of 19 groups.
Republic of Korea has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Middle Africa | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 16,892 million USD | 25,068 million USD | 8,175 million USD | Republic of Korea |
| 1980s | 19,220 million USD | 73,638 million USD | 54,418 million USD | Republic of Korea |
| 1990s | 25,761 million USD | 219,773 million USD | 194,012 million USD | Republic of Korea |
| 2000s | 33,454 million USD | 330,986 million USD | 297,532 million USD | Republic of Korea |
| 2010s | 60,303 million USD | 451,870 million USD | 391,567 million USD | Republic of Korea |
| 2020s | 85,805 million USD | 545,207 million USD | 459,402 million USD | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, Middle Africa or Republic of Korea?
- Republic of Korea, at 571,534 million USD against 122,785 million USD in Middle Africa as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices between Middle Africa and Republic of Korea?
- 448,749 million USD, with Republic of Korea ahead.
- How many years of comparable data are there for Middle Africa and Republic of Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Middle Africa and Republic of Korea rank globally for gross fixed capital formation — value us$, 2015 prices?
- Middle Africa ranks 6th and Republic of Korea ranks 8th of 19 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).