Gross fixed capital formation in Republic of Korea
Republic of Korea: Gross fixed capital formation was 28.3% in 2025. ▲ Rising
Gross fixed capital formation in Republic of Korea, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in Republic of Korea stood at 28.3%.
Compared with earlier readings it is down 5.7% on the previous year and down 2.9% over ten years.
Over the whole period, gross fixed capital formation in Republic of Korea peaked at 38.4% in 1991 and was at its lowest, 11.2%, in 1960.
That places Republic of Korea 36th out of 180 countries with data for 2025, putting it in the top quarter.
The long-run direction has been consistently rising across the 66 years of available data.
Gross fixed capital formation in Republic of Korea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 11.2% | — |
| 1961 | 11.7% | +4.3% |
| 1962 | 13.8% | +17.8% |
| 1963 | 13.5% | -2.1% |
| 1964 | 11.5% | -14.6% |
| 1965 | 15.2% | +31.6% |
| 1966 | 20.2% | +33.6% |
| 1967 | 21.9% | +8.3% |
| 1968 | 25.8% | +17.9% |
| 1969 | 26.4% | +2.1% |
| 1970 | 25.6% | -2.9% |
| 1971 | 23.1% | -9.7% |
| 1972 | 21.2% | -8.2% |
| 1973 | 24.0% | +13.2% |
| 1974 | 26.8% | +11.6% |
| 1975 | 26.9% | +0.2% |
| 1976 | 26.1% | -3.0% |
| 1977 | 29.0% | +11.2% |
| 1978 | 33.3% | +14.6% |
| 1979 | 34.2% | +2.9% |
| 1980 | 32.6% | -4.8% |
| 1981 | 28.8% | -11.7% |
| 1982 | 29.4% | +2.2% |
| 1983 | 30.0% | +1.8% |
| 1984 | 29.4% | -2.0% |
| 1985 | 29.2% | -0.7% |
| 1986 | 29.1% | -0.2% |
| 1987 | 29.9% | +2.7% |
| 1988 | 30.3% | +1.3% |
| 1989 | 32.3% | +6.6% |
| 1990 | 36.8% | +14.0% |
| 1991 | 38.4% | +4.4% |
| 1992 | 36.4% | -5.1% |
| 1993 | 35.8% | -1.7% |
| 1994 | 35.9% | +0.2% |
| 1995 | 36.5% | +1.8% |
| 1996 | 36.9% | +1.1% |
| 1997 | 35.1% | -5.0% |
| 1998 | 30.1% | -14.1% |
| 1999 | 29.6% | -1.9% |
| 2000 | 31.5% | +6.5% |
| 2001 | 30.5% | -3.1% |
| 2002 | 30.2% | -1.0% |
| 2003 | 31.1% | +2.9% |
| 2004 | 30.9% | -0.5% |
| 2005 | 30.5% | -1.5% |
| 2006 | 30.5% | +0.2% |
| 2007 | 30.1% | -1.4% |
| 2008 | 30.9% | +2.7% |
| 2009 | 30.9% | -0.0% |
| 2010 | 30.5% | -1.4% |
| 2011 | 30.6% | +0.4% |
| 2012 | 29.9% | -2.4% |
| 2013 | 29.2% | -2.1% |
| 2014 | 29.2% | -0.1% |
| 2015 | 29.2% | -0.0% |
| 2016 | 29.9% | +2.4% |
| 2017 | 31.7% | +6.1% |
| 2018 | 30.5% | -3.8% |
| 2019 | 30.1% | -1.3% |
| 2020 | 31.0% | +3.1% |
| 2021 | 31.5% | +1.4% |
| 2022 | 31.9% | +1.4% |
| 2023 | 31.4% | -1.5% |
| 2024 | 30.0% | -4.5% |
| 2025 | 28.3% | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.1% | 11.2% | 26.4% | 10 |
| 1970s | 27.0% | 21.2% | 34.2% | 10 |
| 1980s | 30.1% | 28.8% | 32.6% | 10 |
| 1990s | 35.2% | 29.6% | 38.4% | 10 |
| 2000s | 30.7% | 30.1% | 31.5% | 10 |
| 2010s | 30.1% | 29.2% | 31.7% | 10 |
| 2020s | 30.7% | 28.3% | 31.9% | 6 |
Countries ranked near Republic of Korea
More economy & growth data for Republic of Korea
- Manufacturing, value added (constant LCU), per capita 12.06 million constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 1.1 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3433 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 12,437 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 488.33 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 17.69 million current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 0.1897 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3525 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 12,771 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation in Republic of Korea?
- Gross fixed capital formation in Republic of Korea was 28.3% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Republic of Korea?
- The highest recorded value was 38.4% in 1991.
- What is the lowest gross fixed capital formation recorded in Republic of Korea?
- The lowest recorded value was 11.2% in 1960.
- How does Republic of Korea rank for gross fixed capital formation?
- Republic of Korea ranks 36th out of 180 countries with data for 2025.
- Is gross fixed capital formation rising or falling in Republic of Korea?
- Over the last ten years it is down 2.9%. The long-run trend across the full record is rising.
- Where does this Republic of Korea data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.