Gross fixed capital formation, Private sector, Constant prices in South Korea
South Korea: Gross fixed capital formation, Private sector, Constant prices was 524.17 in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Constant prices in South Korea, 1960–2019
Source: International Monetary Fund.
Analysis
South Korea recorded 524.17 for gross fixed capital formation, private sector, constant prices in 2019.
That represents a change of down 5.3% on the previous year and up 41.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, constant prices in South Korea peaked at 570.53 in 2017 and was at its lowest, 7.95, in 1960.
That places South Korea 8th out of 173 countries with data for 2019, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Constant prices in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 7.95 | — |
| 1961 | 8.27 | +4.0% |
| 1962 | 8.6 | +4.0% |
| 1963 | 8.95 | +4.0% |
| 1964 | 9.3 | +4.0% |
| 1965 | 9.68 | +4.0% |
| 1966 | 10.06 | +4.0% |
| 1967 | 10.47 | +4.0% |
| 1968 | 10.88 | +4.0% |
| 1969 | 11.32 | +4.0% |
| 1970 | 11.34 | +0.2% |
| 1971 | 11.94 | +5.3% |
| 1972 | 12.55 | +5.1% |
| 1973 | 17.21 | +37.1% |
| 1974 | 20.11 | +16.9% |
| 1975 | 20.97 | +4.3% |
| 1976 | 26.95 | +28.5% |
| 1977 | 36.27 | +34.6% |
| 1978 | 49.4 | +36.2% |
| 1979 | 54.71 | +10.7% |
| 1980 | 46.54 | -14.9% |
| 1981 | 43.64 | -6.2% |
| 1982 | 51.76 | +18.6% |
| 1983 | 60.42 | +16.7% |
| 1984 | 68.34 | +13.1% |
| 1985 | 71.12 | +4.1% |
| 1986 | 83.95 | +18.0% |
| 1987 | 101.46 | +20.9% |
| 1988 | 116.32 | +14.7% |
| 1989 | 137.81 | +18.5% |
| 1990 | 174.63 | +26.7% |
| 1991 | 196.97 | +12.8% |
| 1992 | 199.08 | +1.1% |
| 1993 | 215.99 | +8.5% |
| 1994 | 248.03 | +14.8% |
| 1995 | 282.97 | +14.1% |
| 1996 | 308.18 | +8.9% |
| 1997 | 301.63 | -2.1% |
| 1998 | 230.05 | -23.7% |
| 1999 | 256.54 | +11.5% |
| 2000 | 292.51 | +14.0% |
| 2001 | 297.56 | +1.7% |
| 2002 | 324.67 | +9.1% |
| 2003 | 337.18 | +3.9% |
| 2004 | 347.17 | +3.0% |
| 2005 | 354.5 | +2.1% |
| 2006 | 372.44 | +5.1% |
| 2007 | 392.9 | +5.5% |
| 2008 | 389.63 | -0.8% |
| 2009 | 371.27 | -4.7% |
| 2010 | 412.43 | +11.1% |
| 2011 | 423.36 | +2.7% |
| 2012 | 424.81 | +0.3% |
| 2013 | 435.7 | +2.6% |
| 2014 | 457.32 | +5.0% |
| 2015 | 481.94 | +5.4% |
| 2016 | 513.42 | +6.5% |
| 2017 | 570.53 | +11.1% |
| 2018 | 553.51 | -3.0% |
| 2019 | 524.17 | -5.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.55 | 7.95 | 11.32 | 10 |
| 1970s | 26.15 | 11.34 | 54.71 | 10 |
| 1980s | 78.14 | 43.64 | 137.81 | 10 |
| 1990s | 241.41 | 174.63 | 308.18 | 10 |
| 2000s | 347.98 | 292.51 | 392.9 | 10 |
| 2010s | 479.72 | 412.43 | 570.53 | 10 |
Countries ranked near South Korea
More economy & growth data for South Korea
- GDP (current US$), annual growth rate -0.161 % change on previous year (2025)
- GDP (current US$), per capita 36,227 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.16 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1,422 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 51.53 million current LCU per person (2025)
- 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)
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 524.17 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 570.53 in 2017.
- What is the lowest gross fixed capital formation, private sector, constant prices recorded in South Korea?
- The lowest recorded value was 7.95 in 1960.
- How does South Korea rank for gross fixed capital formation, private sector, constant prices?
- South Korea ranks 8th 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 41.2%. The long-run trend across the full record is volatile.
- 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, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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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.