Korea - Gross fixed capital formation
Gross fixed capital formation (current US$)
The latest value for Gross fixed capital formation (current US$) in Korea was $290,547,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between $299,343,000,000 in 2007 and $283,568,000 in 1961.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | $445,174,300 |
| 1961 | $283,568,000 |
| 1962 | $392,301,300 |
| 1963 | $544,422,200 |
| 1964 | $394,230,500 |
| 1965 | $465,408,100 |
| 1966 | $806,641,400 |
| 1967 | $1,059,420,000 |
| 1968 | $1,559,598,000 |
| 1969 | $2,010,945,000 |
| 1970 | $2,274,923,000 |
| 1971 | $2,263,863,000 |
| 1972 | $2,277,991,000 |
| 1973 | $3,310,404,000 |
| 1974 | $5,204,589,000 |
| 1975 | $5,766,529,000 |
| 1976 | $7,547,521,000 |
| 1977 | $10,798,140,000 |
| 1978 | $16,719,010,000 |
| 1979 | $22,234,090,000 |
| 1980 | $20,565,000,000 |
| 1981 | $20,089,130,000 |
| 1982 | $21,799,800,000 |
| 1983 | $24,948,240,000 |
| 1984 | $27,182,930,000 |
| 1985 | $27,800,050,000 |
| 1986 | $31,642,410,000 |
| 1987 | $41,127,200,000 |
| 1988 | $55,955,270,000 |
| 1989 | $74,158,100,000 |
| 1990 | $97,821,160,000 |
| 1991 | $119,846,000,000 |
| 1992 | $121,695,000,000 |
| 1993 | $131,589,000,000 |
| 1994 | $154,208,000,000 |
| 1995 | $192,954,000,000 |
| 1996 | $209,034,000,000 |
| 1997 | $183,920,000,000 |
| 1998 | $104,831,000,000 |
| 1999 | $132,406,000,000 |
| 2000 | $159,818,000,000 |
| 2001 | $145,213,000,000 |
| 2002 | $164,698,000,000 |
| 2003 | $188,884,000,000 |
| 2004 | $210,836,000,000 |
| 2005 | $243,809,000,000 |
| 2006 | $272,993,000,000 |
| 2007 | $299,343,000,000 |
| 2008 | $272,941,000,000 |
| 2009 | $242,546,000,000 |
| 2010 | $290,547,000,000 |
Gross fixed capital formation (current LCU)
The value for Gross fixed capital formation (current LCU) in Korea was 335,890,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 335,890,000,000,000 in 2010 and a minimum value of 28,101,520,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 28,101,520,000 |
| 1961 | 35,386,800,000 |
| 1962 | 50,998,980,000 |
| 1963 | 70,774,620,000 |
| 1964 | 84,304,570,000 |
| 1965 | 123,985,000,000 |
| 1966 | 218,874,000,000 |
| 1967 | 286,594,000,000 |
| 1968 | 431,463,000,000 |
| 1969 | 579,474,000,000 |
| 1970 | 706,500,000,000 |
| 1971 | 785,900,000,000 |
| 1972 | 895,000,000,000 |
| 1973 | 1,318,600,000,000 |
| 1974 | 2,105,100,000,000 |
| 1975 | 2,791,000,000,000 |
| 1976 | 3,653,000,000,000 |
| 1977 | 5,226,300,000,000 |
| 1978 | 8,092,000,000,000 |
| 1979 | 10,761,300,000,000 |
| 1980 | 12,491,800,000,000 |
| 1981 | 13,681,300,000,000 |
| 1982 | 15,937,400,000,000 |
| 1983 | 19,353,600,000,000 |
| 1984 | 21,908,900,000,000 |
| 1985 | 24,186,600,000,000 |
| 1986 | 27,891,200,000,000 |
| 1987 | 33,830,000,000,000 |
| 1988 | 40,929,600,000,000 |
| 1989 | 49,794,200,000,000 |
| 1990 | 69,233,900,000,000 |
| 1991 | 87,889,400,000,000 |
| 1992 | 95,001,100,000,000 |
| 1993 | 105,623,000,000,000 |
| 1994 | 123,899,000,000,000 |
| 1995 | 148,820,000,000,000 |
| 1996 | 168,157,000,000,000 |
| 1997 | 174,961,000,000,000 |
| 1998 | 146,914,000,000,000 |
| 1999 | 157,407,000,000,000 |
| 2000 | 180,748,000,000,000 |
| 2001 | 187,469,000,000,000 |
| 2002 | 206,052,000,000,000 |
| 2003 | 225,076,000,000,000 |
| 2004 | 241,475,000,000,000 |
| 2005 | 249,690,000,000,000 |
| 2006 | 260,651,000,000,000 |
| 2007 | 278,168,000,000,000 |
| 2008 | 300,794,000,000,000 |
| 2009 | 309,714,000,000,000 |
| 2010 | 335,890,000,000,000 |
Gross fixed capital formation (constant 2000 US$)
The latest value for Gross fixed capital formation (constant 2000 US$) in Korea was 208,698,000,000 as of 2010. Over the past 50 years, the value for this indicator has fluctuated between 208,698,000,000 in 2010 and 1,382,110,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 1,382,110,000 |
| 1961 | 1,431,394,000 |
| 1962 | 1,843,530,000 |
| 1963 | 2,346,835,000 |
| 1964 | 2,128,007,000 |
| 1965 | 2,705,956,000 |
| 1966 | 4,318,706,000 |
| 1967 | 5,294,733,000 |
| 1968 | 7,274,963,000 |
| 1969 | 9,079,155,000 |
| 1970 | 9,167,769,000 |
| 1971 | 9,592,392,000 |
| 1972 | 9,756,733,000 |
| 1973 | 12,317,880,000 |
| 1974 | 14,057,590,000 |
| 1975 | 15,315,210,000 |
| 1976 | 18,491,800,000 |
| 1977 | 24,069,990,000 |
| 1978 | 32,355,730,000 |
| 1979 | 35,602,150,000 |
| 1980 | 31,787,110,000 |
| 1981 | 30,804,440,000 |
| 1982 | 34,228,870,000 |
| 1983 | 40,201,220,000 |
| 1984 | 44,566,040,000 |
| 1985 | 46,915,860,000 |
| 1986 | 52,323,940,000 |
| 1987 | 61,789,740,000 |
| 1988 | 70,206,780,000 |
| 1989 | 81,433,170,000 |
| 1990 | 102,148,000,000 |
| 1991 | 116,895,000,000 |
| 1992 | 117,538,000,000 |
| 1993 | 126,620,000,000 |
| 1994 | 142,436,000,000 |
| 1995 | 161,095,000,000 |
| 1996 | 174,602,000,000 |
| 1997 | 170,590,000,000 |
| 1998 | 131,466,000,000 |
| 1999 | 142,432,000,000 |
| 2000 | 159,818,000,000 |
| 2001 | 160,359,000,000 |
| 2002 | 171,692,000,000 |
| 2003 | 179,203,000,000 |
| 2004 | 182,976,000,000 |
| 2005 | 186,456,000,000 |
| 2006 | 192,810,000,000 |
| 2007 | 200,936,000,000 |
| 2008 | 197,029,000,000 |
| 2009 | 195,076,000,000 |
| 2010 | 208,698,000,000 |
Gross fixed capital formation (annual % growth)
The value for Gross fixed capital formation (annual % growth) in Korea was 6.98 as of 2010. As the graph below shows, over the past 49 years this indicator reached a maximum value of 59.60 in 1966 and a minimum value of -22.93 in 1998.
Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 3.57 |
| 1962 | 28.79 |
| 1963 | 27.30 |
| 1964 | -9.32 |
| 1965 | 27.16 |
| 1966 | 59.60 |
| 1967 | 22.60 |
| 1968 | 37.40 |
| 1969 | 24.80 |
| 1970 | 0.98 |
| 1971 | 4.63 |
| 1972 | 1.71 |
| 1973 | 26.25 |
| 1974 | 14.12 |
| 1975 | 8.95 |
| 1976 | 20.74 |
| 1977 | 30.17 |
| 1978 | 34.42 |
| 1979 | 10.03 |
| 1980 | -10.72 |
| 1981 | -3.09 |
| 1982 | 11.12 |
| 1983 | 17.45 |
| 1984 | 10.86 |
| 1985 | 5.27 |
| 1986 | 11.53 |
| 1987 | 18.09 |
| 1988 | 13.62 |
| 1989 | 15.99 |
| 1990 | 25.44 |
| 1991 | 14.44 |
| 1992 | 0.55 |
| 1993 | 7.73 |
| 1994 | 12.49 |
| 1995 | 13.10 |
| 1996 | 8.38 |
| 1997 | -2.30 |
| 1998 | -22.93 |
| 1999 | 8.34 |
| 2000 | 12.21 |
| 2001 | 0.34 |
| 2002 | 7.07 |
| 2003 | 4.37 |
| 2004 | 2.11 |
| 2005 | 1.90 |
| 2006 | 3.41 |
| 2007 | 4.21 |
| 2008 | -1.94 |
| 2009 | -0.99 |
| 2010 | 6.98 |
Gross fixed capital formation (constant LCU)
The value for Gross fixed capital formation (constant LCU) in Korea was 279,474,000,000,000 as of 2010. As the graph below shows, over the past 50 years this indicator reached a maximum value of 279,474,000,000,000 in 2010 and a minimum value of 1,850,830,000,000 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 1,850,830,000,000 |
| 1961 | 1,916,830,000,000 |
| 1962 | 2,468,740,000,000 |
| 1963 | 3,142,730,000,000 |
| 1964 | 2,849,690,000,000 |
| 1965 | 3,623,640,000,000 |
| 1966 | 5,783,330,000,000 |
| 1967 | 7,090,360,000,000 |
| 1968 | 9,742,160,000,000 |
| 1969 | 12,158,200,000,000 |
| 1970 | 12,276,900,000,000 |
| 1971 | 12,845,500,000,000 |
| 1972 | 13,065,600,000,000 |
| 1973 | 16,495,300,000,000 |
| 1974 | 18,825,000,000,000 |
| 1975 | 20,509,100,000,000 |
| 1976 | 24,763,000,000,000 |
| 1977 | 32,233,000,000,000 |
| 1978 | 43,328,700,000,000 |
| 1979 | 47,676,100,000,000 |
| 1980 | 42,567,200,000,000 |
| 1981 | 41,251,300,000,000 |
| 1982 | 45,837,100,000,000 |
| 1983 | 53,834,900,000,000 |
| 1984 | 59,679,900,000,000 |
| 1985 | 62,826,700,000,000 |
| 1986 | 70,068,800,000,000 |
| 1987 | 82,744,800,000,000 |
| 1988 | 94,016,400,000,000 |
| 1989 | 109,050,000,000,000 |
| 1990 | 136,791,000,000,000 |
| 1991 | 156,538,000,000,000 |
| 1992 | 157,399,000,000,000 |
| 1993 | 169,562,000,000,000 |
| 1994 | 190,741,000,000,000 |
| 1995 | 215,728,000,000,000 |
| 1996 | 233,815,000,000,000 |
| 1997 | 228,443,000,000,000 |
| 1998 | 176,051,000,000,000 |
| 1999 | 190,736,000,000,000 |
| 2000 | 214,018,000,000,000 |
| 2001 | 214,742,000,000,000 |
| 2002 | 229,919,000,000,000 |
| 2003 | 239,977,000,000,000 |
| 2004 | 245,030,000,000,000 |
| 2005 | 249,690,000,000,000 |
| 2006 | 258,199,000,000,000 |
| 2007 | 269,080,000,000,000 |
| 2008 | 263,848,000,000,000 |
| 2009 | 261,234,000,000,000 |
| 2010 | 279,474,000,000,000 |
Gross fixed capital formation (% of GDP)
Gross fixed capital formation (% of GDP) in Korea was 28.64 as of 2010. Its highest value over the past 50 years was 38.89 in 1991, while its lowest value was 11.44 in 1960.
Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 | 11.44 |
| 1961 | 12.03 |
| 1962 | 14.29 |
| 1963 | 14.09 |
| 1964 | 11.74 |
| 1965 | 15.42 |
| 1966 | 21.19 |
| 1967 | 22.53 |
| 1968 | 26.19 |
| 1969 | 26.90 |
| 1970 | 25.56 |
| 1971 | 22.98 |
| 1972 | 21.22 |
| 1973 | 24.18 |
| 1974 | 27.07 |
| 1975 | 26.87 |
| 1976 | 25.54 |
| 1977 | 28.47 |
| 1978 | 32.70 |
| 1979 | 33.91 |
| 1980 | 32.22 |
| 1981 | 28.11 |
| 1982 | 28.60 |
| 1983 | 29.52 |
| 1984 | 29.16 |
| 1985 | 28.77 |
| 1986 | 28.43 |
| 1987 | 29.38 |
| 1988 | 29.85 |
| 1989 | 32.18 |
| 1990 | 37.08 |
| 1991 | 38.89 |
| 1992 | 36.89 |
| 1993 | 36.34 |
| 1994 | 36.42 |
| 1995 | 37.31 |
| 1996 | 37.49 |
| 1997 | 35.62 |
| 1998 | 30.35 |
| 1999 | 29.73 |
| 2000 | 29.96 |
| 2001 | 28.78 |
| 2002 | 28.60 |
| 2003 | 29.34 |
| 2004 | 29.20 |
| 2005 | 28.86 |
| 2006 | 28.68 |
| 2007 | 28.53 |
| 2008 | 29.30 |
| 2009 | 29.08 |
| 2010 | 28.64 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
