Gross fixed capital formation, Private sector … Private Percent in South Korea
South Korea: Gross fixed capital formation, Private sector … Private Percent was 23.73 in 2019. ▲ Rising
Latest (2019)
23.73
Change on year
down 7.2%
World rank
16th
of 173 countries
All-time high
34.96
in 1996
All-time low
12.3
in 1972
Years of data
60
1960–2019
Gross fixed capital formation, Private sector, Constant prices in South Korea, 1960–2019
Source: International Monetary Fund.
Analysis
South Korea recorded 23.73 for gross fixed capital formation, private sector, constant prices in 2019.
That represents a change of down 7.2% on the previous year and up 2.0% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in South Korea peaked at 34.96 in 1996 and was at its lowest, 12.3, in 1972.
South Korea ranks 16th of 173 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 60 years of available data.
Gross fixed capital formation, Private sector … Private Percent in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 22.9 | — |
| 1961 | 22.27 | -2.7% |
| 1962 | 22.29 | +0.1% |
| 1963 | 21.27 | -4.6% |
| 1964 | 20.2 | -5.0% |
| 1965 | 19.58 | -3.1% |
| 1966 | 18.18 | -7.1% |
| 1967 | 17.33 | -4.7% |
| 1968 | 15.93 | -8.1% |
| 1969 | 14.46 | -9.2% |
| 1970 | 13.17 | -8.9% |
| 1971 | 12.54 | -4.8% |
| 1972 | 12.3 | -2.0% |
| 1973 | 14.67 | +19.3% |
| 1974 | 15.65 | +6.7% |
| 1975 | 15.14 | -3.3% |
| 1976 | 17.18 | +13.5% |
| 1977 | 20.58 | +19.8% |
| 1978 | 25.27 | +22.8% |
| 1979 | 25.75 | +1.9% |
| 1980 | 22.27 | -13.5% |
| 1981 | 19.48 | -12.6% |
| 1982 | 21.32 | +9.5% |
| 1983 | 21.95 | +3.0% |
| 1984 | 22.46 | +2.3% |
| 1985 | 21.67 | -3.5% |
| 1986 | 22.98 | +6.0% |
| 1987 | 24.64 | +7.2% |
| 1988 | 25.22 | +2.4% |
| 1989 | 27.91 | +10.6% |
| 1990 | 32.19 | +15.3% |
| 1991 | 32.77 | +1.8% |
| 1992 | 31.19 | -4.8% |
| 1993 | 31.66 | +1.5% |
| 1994 | 33.27 | +5.1% |
| 1995 | 34.63 | +4.1% |
| 1996 | 34.96 | +0.9% |
| 1997 | 32.23 | -7.8% |
| 1998 | 25.91 | -19.6% |
| 1999 | 25.92 | +0.0% |
| 2000 | 27.1 | +4.5% |
| 2001 | 26.29 | -3.0% |
| 2002 | 26.63 | +1.3% |
| 2003 | 26.81 | +0.7% |
| 2004 | 26.24 | -2.1% |
| 2005 | 25.69 | -2.1% |
| 2006 | 25.64 | -0.2% |
| 2007 | 25.56 | -0.3% |
| 2008 | 24.61 | -3.7% |
| 2009 | 23.27 | -5.5% |
| 2010 | 24.2 | +4.0% |
| 2011 | 23.96 | -1.0% |
| 2012 | 23.47 | -2.0% |
| 2013 | 23.34 | -0.6% |
| 2014 | 23.74 | +1.7% |
| 2015 | 24.33 | +2.5% |
| 2016 | 25.18 | +3.5% |
| 2017 | 27.12 | +7.7% |
| 2018 | 25.57 | -5.7% |
| 2019 | 23.73 | -7.2% |
South Korea compared with similar countries
- South Korea's 23.73 is above the median for high income countries, which is 18.58, 1.3× the median. (58 countries reporting)
- South Korea's 23.73 is above the median for East Asia & Pacific, which is 17.15, 1.4× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.44 | 14.46 | 22.9 | 10 |
| 1970s | 17.23 | 12.3 | 25.75 | 10 |
| 1980s | 22.99 | 19.48 | 27.91 | 10 |
| 1990s | 31.47 | 25.91 | 34.96 | 10 |
| 2000s | 25.78 | 23.27 | 27.1 | 10 |
| 2010s | 24.46 | 23.34 | 27.12 | 10 |
Countries ranked near South Korea
More economy & growth data for South Korea
- SDRs holdings, US dollar, annual growth rate 7.89 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 307.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate 2.74 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 224.29 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.58 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 168.75 units per person (2025)
- IMF holdings of currency, SDR, annual growth rate -0.4147 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, constant prices in South Korea?
- Gross fixed capital formation, private sector, constant prices in South Korea was 23.73 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, constant prices recorded in South Korea?
- The highest recorded value was 34.96 in 1996.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in South Korea?
- The lowest recorded value was 12.3 in 1972.
- How does South Korea rank for gross fixed capital formation, private sector, constant prices?
- South Korea ranks 16th out of 173 countries with data for 2019.
- Is gross fixed capital formation, private sector, constant prices rising or falling in South Korea?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this South Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Constant prices, Percent of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.