Gross fixed capital formation, Private sector, Current prices in South Korea
South Korea: Gross fixed capital formation, Private sector, Current prices 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 South Korea, 1970–2019
Source: International Monetary Fund.
Analysis
South 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 South Korea peaked at 497,863 in 2017 and was at its lowest, 514.7, in 1970.
South 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 prices in South 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% |
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 South Korea
More economy & growth data for South Korea
- 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)
- Industry (including construction), value added (constant LCU), annual 0.1898 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 410.21 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 14.86 million constant LCU per person (2025)
- Services, value added (current US$), annual growth rate -0.6343 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5723 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 20,732 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 3.67 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in South Korea?
- Gross fixed capital formation, private sector, current prices in South 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 South Korea?
- The highest recorded value was 497,863 in 2017.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in South Korea?
- The lowest recorded value was 514.7 in 1970.
- How does South Korea rank for gross fixed capital formation, private sector, current prices?
- South Korea ranks 5th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in South Korea?
- Over the last ten years it is up 64.2%. 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, 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.