Korea - Gross fixed capital formation, private sector (current LCU)

The value for Gross fixed capital formation, private sector (current LCU) in Korea was 500,454,000,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 500,454,000,000,000 in 2020 and a minimum value of 551,400,000,000 in 1970.

Definition: Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets.

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

Year Value
1970 551,400,000,000
1971 608,400,000,000
1972 709,000,000,000
1973 1,116,800,000,000
1974 1,818,000,000,000
1975 2,322,700,000,000
1976 3,084,800,000,000
1977 4,441,900,000,000
1978 6,874,800,000,000
1979 9,140,600,000,000
1980 10,237,100,000,000
1981 10,927,600,000,000
1982 13,632,000,000,000
1983 16,667,800,000,000
1984 19,085,600,000,000
1985 20,979,500,000,000
1986 24,898,400,000,000
1987 30,863,600,000,000
1988 37,578,100,000,000
1989 46,038,500,000,000
1990 64,322,100,000,000
1991 79,989,000,000,000
1992 85,818,400,000,000
1993 96,286,700,000,000
1994 114,526,000,000,000
1995 138,027,000,000,000
1996 156,892,000,000,000
1997 162,211,000,000,000
1998 134,127,000,000,000
1999 146,312,000,000,000
2000 172,268,000,000,000
2001 179,228,000,000,000
2002 198,703,000,000,000
2003 214,742,000,000,000
2004 231,143,000,000,000
2005 240,872,000,000,000
2006 255,664,000,000,000
2007 274,479,000,000,000
2008 297,023,000,000,000
2009 293,999,000,000,000
2010 330,518,000,000,000
2011 349,612,000,000,000
2012 356,658,000,000,000
2013 364,951,000,000,000
2014 384,851,000,000,000
2015 409,153,000,000,000
2016 440,228,000,000,000
2017 497,221,000,000,000
2018 491,093,000,000,000
2019 481,030,000,000,000
2020 500,454,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts