Adjusted savings: consumption of fixed capital in Republic of Korea
Republic of Korea: Adjusted savings: consumption of fixed capital was 378.07 billion current US$ in 2021. ◆ Volatile
Latest (2021)
378.07 billion current US$
Change on year
up 11.6%
World rank
9th
of 206 countries
All-time high
378.07 billion current US$
in 2021
All-time low
568.65 million current US$
in 1970
Years of data
52
1970–2021
Adjusted savings: consumption of fixed capital in Republic of Korea, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: consumption of fixed capital in Republic of Korea stood at 378.07 billion current US$. That is the highest value across all 52 years on record.
The figure is up 11.6% on the previous year and up 62.5% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Republic of Korea peaked at 378.07 billion current US$ in 2021 and was at its lowest, 568.65 million current US$, in 1970.
That places Republic of Korea 9th out of 206 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Republic of Korea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 568.65 million current US$ | — |
| 1971 | 661.10 million current US$ | +16.3% |
| 1972 | 743.97 million current US$ | +12.5% |
| 1973 | 1.03 billion current US$ | +38.6% |
| 1974 | 1.44 billion current US$ | +39.6% |
| 1975 | 1.64 billion current US$ | +14.2% |
| 1976 | 2.27 billion current US$ | +38.3% |
| 1977 | 3.03 billion current US$ | +33.2% |
| 1978 | 3.95 billion current US$ | +30.5% |
| 1979 | 5.50 billion current US$ | +39.0% |
| 1980 | 6.28 billion current US$ | +14.2% |
| 1981 | 7.12 billion current US$ | +13.4% |
| 1982 | 8.25 billion current US$ | +15.9% |
| 1983 | 9.35 billion current US$ | +13.4% |
| 1984 | 10.06 billion current US$ | +7.6% |
| 1985 | 10.85 billion current US$ | +7.8% |
| 1986 | 12.83 billion current US$ | +18.3% |
| 1987 | 16.85 billion current US$ | +31.3% |
| 1988 | 23.39 billion current US$ | +38.8% |
| 1989 | 29.42 billion current US$ | +25.8% |
| 1990 | 35.59 billion current US$ | +21.0% |
| 1991 | 40.13 billion current US$ | +12.8% |
| 1992 | 46.26 billion current US$ | +15.3% |
| 1993 | 52.12 billion current US$ | +12.7% |
| 1994 | 60.08 billion current US$ | +15.3% |
| 1995 | 81.83 billion current US$ | +36.2% |
| 1996 | 91.94 billion current US$ | +12.4% |
| 1997 | 89.66 billion current US$ | -2.5% |
| 1998 | 70.08 billion current US$ | -21.8% |
| 1999 | 87.03 billion current US$ | +24.2% |
| 2000 | 99.01 billion current US$ | +13.8% |
| 2001 | 94.69 billion current US$ | -4.4% |
| 2002 | 104.46 billion current US$ | +10.3% |
| 2003 | 119.07 billion current US$ | +14.0% |
| 2004 | 134.36 billion current US$ | +12.8% |
| 2005 | 159.52 billion current US$ | +18.7% |
| 2006 | 180.50 billion current US$ | +13.2% |
| 2007 | 196.99 billion current US$ | +9.1% |
| 2008 | 188.76 billion current US$ | -4.2% |
| 2009 | 177.27 billion current US$ | -6.1% |
| 2010 | 206.85 billion current US$ | +16.7% |
| 2011 | 232.67 billion current US$ | +12.5% |
| 2012 | 242.66 billion current US$ | +4.3% |
| 2013 | 258.76 billion current US$ | +6.6% |
| 2014 | 280.37 billion current US$ | +8.3% |
| 2015 | 273.76 billion current US$ | -2.4% |
| 2016 | 278.18 billion current US$ | +1.6% |
| 2017 | 300.49 billion current US$ | +8.0% |
| 2018 | 326.34 billion current US$ | +8.6% |
| 2019 | 327.59 billion current US$ | +0.4% |
| 2020 | 338.70 billion current US$ | +3.4% |
| 2021 | 378.07 billion current US$ | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.08 billion current US$ | 568.65 million current US$ | 5.50 billion current US$ | 10 |
| 1980s | 13.44 billion current US$ | 6.28 billion current US$ | 29.42 billion current US$ | 10 |
| 1990s | 65.47 billion current US$ | 35.59 billion current US$ | 91.94 billion current US$ | 10 |
| 2000s | 145.46 billion current US$ | 94.69 billion current US$ | 196.99 billion current US$ | 10 |
| 2010s | 272.77 billion current US$ | 206.85 billion current US$ | 327.59 billion current US$ | 10 |
| 2020s | 358.39 billion current US$ | 338.70 billion current US$ | 378.07 billion current US$ | 2 |
Countries ranked near Republic of Korea
- 6 United Kingdom of Great Britain and Northern Ireland 474.35 billion current US$ compare
- 7 Italy 388.46 billion current US$ compare
- 8 India 379.11 billion current US$ compare
- 10 Canada 325.77 billion current US$ compare
- 11 Brazil 296.64 billion current US$ compare
- 12 Australia 265.79 billion current US$ compare
More economy & growth data for Republic of Korea
- GDP (constant 2015 US$), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 1.03 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 37,470 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 1.01 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 1,237 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 44.80 million constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 0.7232 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3433 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 12,437 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.09 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Republic of Korea?
- Adjusted savings: consumption of fixed capital in Republic of Korea was 378.07 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Republic of Korea?
- The highest recorded value was 378.07 billion current US$ in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Republic of Korea?
- The lowest recorded value was 568.65 million current US$ in 1970.
- How does Republic of Korea rank for adjusted savings: consumption of fixed capital?
- Republic of Korea ranks 9th out of 206 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Republic of Korea?
- Over the last ten years it is up 62.5%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.