Northern Europe vs Republic of Korea: Gross Fixed Capital Formation — Value US$, 2015 prices
Gross Fixed Capital Formation — Value US$, 2015 prices over time
- Northern Europe
- Republic of Korea
How they compare
Northern Europe currently reports 1.08 million million USD against 571,534 million USD in Republic of Korea, a difference of 504,416 million USD.
That makes Northern Europe's figure about 1.9 times Republic of Korea's.
Across all 55 years both countries report, Northern Europe has been ahead every year.
Northern Europe ranks 10th and Republic of Korea ranks 8th of 29 groups.
Northern Europe has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Northern Europe | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 356,043 million USD | 25,068 million USD | 330,976 million USD | Northern Europe |
| 1980s | 421,318 million USD | 73,638 million USD | 347,680 million USD | Northern Europe |
| 1990s | 544,428 million USD | 219,773 million USD | 324,654 million USD | Northern Europe |
| 2000s | 762,150 million USD | 330,986 million USD | 431,164 million USD | Northern Europe |
| 2010s | 915,587 million USD | 451,870 million USD | 463,717 million USD | Northern Europe |
| 2020s | 1.08 million million USD | 545,207 million USD | 539,245 million USD | Northern Europe |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, 2015 prices, Northern Europe or Republic of Korea?
- Northern Europe, at 1.08 million million USD against 571,534 million USD in Republic of Korea as of 2024.
- What is the difference in gross fixed capital formation — value us$, 2015 prices between Northern Europe and Republic of Korea?
- 504,416 million USD, with Northern Europe ahead.
- How many years of comparable data are there for Northern Europe and Republic of Korea?
- 55 years are reported by both, from 1970 to 2024.
- How do Northern Europe and Republic of Korea rank globally for gross fixed capital formation — value us$, 2015 prices?
- Northern Europe ranks 10th and Republic of Korea ranks 8th of 29 groups.
- Where does this data come from?
- Food and Agriculture Organization of the United Nations, published as Gross Fixed Capital Formation — Value US$, 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).