Annual growth of the gross capital formation in Republic of Korea
Republic of Korea: Annual growth of the gross capital formation was -2.3% in 2024. ◆ Volatile
Latest (2024)
-2.3%
Change on year
down 1,937.2%
World rank
123rd
of 174 countries
All-time high
17.7%
in 2010
All-time low
-8.7%
in 2009
Years of data
25
2000–2024
Annual growth of the gross capital formation in Republic of Korea, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Republic of Korea stood at -2.3%.
The figure is down 1,937.2% on the previous year and down 164.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Republic of Korea peaked at 17.7% in 2010 and was at its lowest, -8.7%, in 2009.
Republic of Korea ranks 123rd of 174 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 14.7% | — |
| 2001 | 1.5% | -90.1% |
| 2002 | 8.0% | +449.5% |
| 2003 | 5.3% | -34.1% |
| 2004 | 4.0% | -24.3% |
| 2005 | 3.2% | -19.3% |
| 2006 | 4.5% | +38.2% |
| 2007 | 4.7% | +4.6% |
| 2008 | -0.4% | -108.8% |
| 2009 | -8.7% | +2015.5% |
| 2010 | 17.7% | -303.9% |
| 2011 | 2.8% | -84.4% |
| 2012 | -2.5% | -191.4% |
| 2013 | 1.5% | -159.7% |
| 2014 | 3.6% | +137.1% |
| 2015 | 6.5% | +80.4% |
| 2016 | 6.8% | +5.7% |
| 2017 | 10.3% | +50.3% |
| 2018 | -0.3% | -102.9% |
| 2019 | -1.4% | +393.9% |
| 2020 | 0.8% | -154.5% |
| 2021 | 4.1% | +424.9% |
| 2022 | 0.1% | -98.4% |
| 2023 | 0.1% | +94.6% |
| 2024 | -2.3% | -1937.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -8.7% | 14.7% | 10 |
| 2010s | 4.5% | -2.5% | 17.7% | 10 |
| 2020s | 0.6% | -2.3% | 4.1% | 5 |
Countries ranked near Republic of Korea
- 120 Equatorial Guinea -1.5% compare
- 121 Luxembourg -2.0% compare
- 122 Canada -2.1% compare
- 123 Republic of Korea -2.3% compare
- 125 Finland -2.4% compare
- 126 Estonia -2.6% compare
More economy & growth data for Republic of Korea
- Households and NPISHs Final consumption expenditure (current LCU) 3.17 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 683.09 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 24.75 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 1.32 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4928 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 17,853 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate -0.6167 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.6567 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 23,790 current US$ per person (2025)
- Final consumption expenditure (current LCU), annual growth rate 3.69 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Republic of Korea?
- Annual growth of the gross capital formation in Republic of Korea was -2.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Republic of Korea?
- The highest recorded value was 17.7% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Republic of Korea?
- The lowest recorded value was -8.7% in 2009.
- How does Republic of Korea rank for annual growth of the gross capital formation?
- Republic of Korea ranks 123rd out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Republic of Korea?
- Over the last ten years it is down 164.7%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).