Korea - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Korea was $328,740,000,000 as of 2011. Over the past 51 years, the value for this indicator has fluctuated between $328,740,000,000 in 2011 and $315,076,800 in 1961.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $444,657,000
1961 $315,076,800
1962 $366,777,000
1963 $723,203,600
1964 $483,434,500
1965 $471,833,000
1966 $857,428,500
1967 $1,079,434,000
1968 $1,607,620,000
1969 $2,241,122,000
1970 $2,256,569,000
1971 $2,515,915,000
1972 $2,324,315,000
1973 $3,505,473,000
1974 $6,151,507,000
1975 $6,153,719,000
1976 $7,877,479,000
1977 $10,882,640,000
1978 $16,914,050,000
1979 $23,664,460,000
1980 $20,305,720,000
1981 $21,136,370,000
1982 $21,857,530,000
1983 $24,503,510,000
1984 $28,220,430,000
1985 $28,952,550,000
1986 $32,409,890,000
1987 $42,421,680,000
1988 $58,814,300,000
1989 $78,198,250,000
1990 $98,952,470,000
1991 $122,448,000,000
1992 $123,020,000,000
1993 $129,397,000,000
1994 $156,479,000,000
1995 $194,783,000,000
1996 $216,772,000,000
1997 $185,713,000,000
1998 $86,347,610,000
1999 $129,716,000,000
2000 $163,015,000,000
2001 $147,147,000,000
2002 $168,153,000,000
2003 $192,410,000,000
2004 $216,107,000,000
2005 $250,816,000,000
2006 $281,934,000,000
2007 $308,759,000,000
2008 $290,703,000,000
2009 $219,165,000,000
2010 $299,664,000,000
2011 $328,740,000,000

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Korea was 364,340,000,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 364,340,000,000,000 in 2011 and a minimum value of 28,068,870,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 28,068,870,000
1961 39,318,820,000
1962 47,680,840,000
1963 94,016,120,000
1964 103,380,000,000
1965 125,696,000,000
1966 232,655,000,000
1967 292,008,000,000
1968 444,748,000,000
1969 645,802,000,000
1970 700,800,000,000
1971 873,400,000,000
1972 913,200,000,000
1973 1,396,300,000,000
1974 2,488,100,000,000
1975 2,978,400,000,000
1976 3,812,700,000,000
1977 5,267,200,000,000
1978 8,186,400,000,000
1979 11,453,600,000,000
1980 12,334,300,000,000
1981 14,394,500,000,000
1982 15,979,600,000,000
1983 19,008,600,000,000
1984 22,745,100,000,000
1985 25,189,300,000,000
1986 28,567,700,000,000
1987 34,894,800,000,000
1988 43,020,900,000,000
1989 52,507,000,000,000
1990 70,034,600,000,000
1991 89,796,900,000,000
1992 96,035,200,000,000
1993 103,863,000,000,000
1994 125,723,000,000,000
1995 150,230,000,000,000
1996 174,382,000,000,000
1997 176,667,000,000,000
1998 121,011,000,000,000
1999 154,208,000,000,000
2000 184,363,000,000,000
2001 189,965,000,000,000
2002 210,374,000,000,000
2003 229,278,000,000,000
2004 247,511,000,000,000
2005 256,866,000,000,000
2006 269,188,000,000,000
2007 286,918,000,000,000
2008 320,369,000,000,000
2009 279,858,000,000,000
2010 346,430,000,000,000
2011 364,340,000,000,000

Gross capital formation (constant 2000 US$)

The latest value for Gross capital formation (constant 2000 US$) in Korea was 205,479,000,000 as of 2011. Over the past 51 years, the value for this indicator has fluctuated between 205,812,000,000 in 2007 and 1,798,034,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 1,798,034,000
1961 2,271,088,000
1962 2,226,491,000
1963 4,632,537,000
1964 3,486,848,000
1965 3,596,421,000
1966 6,297,334,000
1967 7,166,366,000
1968 9,753,424,000
1969 10,172,820,000
1970 9,993,223,000
1971 11,196,570,000
1972 10,623,520,000
1973 13,887,750,000
1974 18,052,590,000
1975 17,314,800,000
1976 20,679,890,000
1977 26,440,220,000
1978 34,443,070,000
1979 40,275,910,000
1980 32,699,020,000
1981 33,018,110,000
1982 35,875,480,000
1983 41,229,300,000
1984 47,386,970,000
1985 49,442,850,000
1986 54,545,910,000
1987 64,443,000,000
1988 75,131,850,000
1989 87,559,030,000
1990 104,905,000,000
1991 121,875,000,000
1992 122,285,000,000
1993 127,689,000,000
1994 148,282,000,000
1995 163,276,000,000
1996 180,438,000,000
1997 170,911,000,000
1998 118,632,000,000
1999 147,266,000,000
2000 163,015,000,000
2001 162,341,000,000
2002 174,385,000,000
2003 181,348,000,000
2004 186,105,000,000
2005 190,351,000,000
2006 198,762,000,000
2007 205,812,000,000
2008 205,276,000,000
2009 180,915,000,000
2010 202,637,000,000
2011 205,479,000,000

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Korea was 1.40 as of 2011. As the graph below shows, over the past 50 years this indicator reached a maximum value of 108.06 in 1963 and a minimum value of -30.59 in 1998.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 26.31
1962 -1.96
1963 108.06
1964 -24.73
1965 3.14
1966 75.10
1967 13.80
1968 36.10
1969 4.30
1970 -1.77
1971 12.04
1972 -5.12
1973 30.73
1974 29.99
1975 -4.09
1976 19.43
1977 27.85
1978 30.27
1979 16.93
1980 -18.81
1981 0.98
1982 8.65
1983 14.92
1984 14.94
1985 4.34
1986 10.32
1987 18.14
1988 16.59
1989 16.54
1990 19.81
1991 16.18
1992 0.34
1993 4.42
1994 16.13
1995 10.11
1996 10.51
1997 -5.28
1998 -30.59
1999 24.14
2000 10.69
2001 -0.41
2002 7.42
2003 3.99
2004 2.62
2005 2.28
2006 4.42
2007 3.55
2008 -0.26
2009 -11.87
2010 12.01
2011 1.40

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Korea was 277,280,000,000,000 as of 2011. As the graph below shows, over the past 51 years this indicator reached a maximum value of 277,729,000,000,000 in 2007 and a minimum value of 2,426,320,000,000 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 2,426,320,000,000
1961 3,064,680,000,000
1962 3,004,500,000,000
1963 6,251,300,000,000
1964 4,705,270,000,000
1965 4,853,130,000,000
1966 8,497,830,000,000
1967 9,670,530,000,000
1968 13,161,600,000,000
1969 13,727,500,000,000
1970 13,485,200,000,000
1971 15,109,000,000,000
1972 14,335,700,000,000
1973 18,740,600,000,000
1974 24,360,700,000,000
1975 23,365,200,000,000
1976 27,906,100,000,000
1977 35,679,300,000,000
1978 46,478,600,000,000
1979 54,349,600,000,000
1980 44,125,100,000,000
1981 44,555,700,000,000
1982 48,411,500,000,000
1983 55,636,200,000,000
1984 63,945,500,000,000
1985 66,719,800,000,000
1986 73,606,000,000,000
1987 86,961,500,000,000
1988 101,385,000,000,000
1989 118,155,000,000,000
1990 141,562,000,000,000
1991 164,462,000,000,000
1992 165,016,000,000,000
1993 172,308,000,000,000
1994 200,097,000,000,000
1995 220,330,000,000,000
1996 243,489,000,000,000
1997 230,633,000,000,000
1998 160,085,000,000,000
1999 198,725,000,000,000
2000 219,977,000,000,000
2001 219,069,000,000,000
2002 235,320,000,000,000
2003 244,717,000,000,000
2004 251,136,000,000,000
2005 256,866,000,000,000
2006 268,216,000,000,000
2007 277,729,000,000,000
2008 277,007,000,000,000
2009 244,132,000,000,000
2010 273,445,000,000,000
2011 277,280,000,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Korea was 29.45 as of 2011. Its highest value over the past 51 years was 39.73 in 1991, while its lowest value was 11.43 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 11.43
1961 13.37
1962 13.36
1963 18.72
1964 14.40
1965 15.64
1966 22.53
1967 22.95
1968 26.99
1969 29.98
1970 25.36
1971 25.54
1972 21.65
1973 25.60
1974 31.99
1975 28.68
1976 26.65
1977 28.69
1978 33.08
1979 36.09
1980 31.81
1981 29.57
1982 28.68
1983 28.99
1984 30.28
1985 29.97
1986 29.12
1987 30.30
1988 31.38
1989 33.93
1990 37.51
1991 39.73
1992 37.29
1993 35.73
1994 36.95
1995 37.67
1996 38.87
1997 35.97
1998 25.00
1999 29.12
2000 30.56
2001 29.16
2002 29.20
2003 29.89
2004 29.93
2005 29.69
2006 29.62
2007 29.43
2008 31.21
2009 26.28
2010 29.53
2011 29.45

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts