Gross fixed capital formation, Private sector, Current … Domestic in Korea
Korea: Gross fixed capital formation, Private sector, Current … Domestic was 478,488 in 2019. ◆ Volatile
Latest (2019)
478,488
Change on year
down 2.8%
World rank
5th
of 174 countries
All-time high
497,863
in 2017
All-time low
514.7
in 1970
Years of data
50
1970–2019
Gross fixed capital formation, Private sector, Current prices in Korea, 1970–2019
Source: International Monetary Fund.
Analysis
Korea recorded 478,488 for gross fixed capital formation, private sector, current prices in 2019.
The figure is down 2.8% on the previous year and up 64.2% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Korea peaked at 497,863 in 2017 and was at its lowest, 514.7, in 1970.
Korea ranks 5th of 174 countries on this measure, 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, Current … Domestic in Korea, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 514.7 | — |
| 1971 | 566.53 | +10.1% |
| 1972 | 661.96 | +16.8% |
| 1973 | 1,056 | +59.6% |
| 1974 | 1,726 | +63.4% |
| 1975 | 2,179 | +26.2% |
| 1976 | 2,920 | +34.0% |
| 1977 | 4,234 | +45.0% |
| 1978 | 6,600 | +55.9% |
| 1979 | 8,841 | +33.9% |
| 1980 | 9,888 | +11.8% |
| 1981 | 10,470 | +5.9% |
| 1982 | 13,114 | +25.3% |
| 1983 | 15,970 | +21.8% |
| 1984 | 18,331 | +14.8% |
| 1985 | 19,976 | +9.0% |
| 1986 | 24,021 | +20.2% |
| 1987 | 29,776 | +24.0% |
| 1988 | 36,396 | +22.2% |
| 1989 | 44,983 | +23.6% |
| 1990 | 63,214 | +40.5% |
| 1991 | 78,698 | +24.5% |
| 1992 | 84,468 | +7.3% |
| 1993 | 94,719 | +12.1% |
| 1994 | 112,659 | +18.9% |
| 1995 | 136,086 | +20.8% |
| 1996 | 154,908 | +13.8% |
| 1997 | 159,989 | +3.3% |
| 1998 | 131,366 | -17.9% |
| 1999 | 143,903 | +9.5% |
| 2000 | 167,888 | +16.7% |
| 2001 | 175,594 | +4.6% |
| 2002 | 195,519 | +11.3% |
| 2003 | 211,722 | +8.3% |
| 2004 | 228,371 | +7.9% |
| 2005 | 237,845 | +4.1% |
| 2006 | 252,559 | +6.2% |
| 2007 | 271,746 | +7.6% |
| 2008 | 295,244 | +8.6% |
| 2009 | 291,367 | -1.3% |
| 2010 | 328,880 | +12.9% |
| 2011 | 349,059 | +6.1% |
| 2012 | 356,402 | +2.1% |
| 2013 | 364,733 | +2.3% |
| 2014 | 384,876 | +5.5% |
| 2015 | 409,153 | +6.3% |
| 2016 | 439,891 | +7.5% |
| 2017 | 497,863 | +13.2% |
| 2018 | 492,281 | -1.1% |
| 2019 | 478,488 | -2.8% |
Korea compared with similar countries
- Korea's 478,488 is above the median for high income countries, which is 133.43, 3586.1× the median. (58 countries reporting)
- Korea's 478,488 is above the median for East Asia & Pacific, which is 3,401, 140.7× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,930 | 514.7 | 8,841 | 10 |
| 1980s | 22,292 | 9,888 | 44,983 | 10 |
| 1990s | 116,001 | 63,214 | 159,989 | 10 |
| 2000s | 232,786 | 167,888 | 295,244 | 10 |
| 2010s | 410,163 | 328,880 | 497,863 | 10 |
Countries ranked near Korea
More economy & growth data for 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, current prices in Korea?
- Gross fixed capital formation, private sector, current prices in Korea was 478,488 in 2019, according to International Monetary Fund.
- What is the highest gross fixed capital formation, private sector, current prices recorded in Korea?
- The highest recorded value was 497,863 in 2017.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Korea?
- The lowest recorded value was 514.7 in 1970.
- How does Korea rank for gross fixed capital formation, private sector, current prices?
- Korea ranks 5th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Korea?
- Over the last ten years it is up 64.2%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from International Monetary Fund, published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency. Statizoid updates them automatically from the source API.
Download this data
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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.