Korea - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Korea was 31.11 as of 2020. Its highest value over the past 60 years was 38.96 in 1991, while its lowest value was 11.25 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 11.25
1961 11.74
1962 13.84
1963 13.54
1964 11.58
1965 15.25
1966 20.38
1967 22.10
1968 26.05
1969 26.61
1970 25.85
1971 23.36
1972 21.45
1973 24.32
1974 27.21
1975 27.23
1976 26.39
1977 29.30
1978 33.53
1979 34.47
1980 32.87
1981 29.05
1982 29.70
1983 30.28
1984 29.71
1985 29.50
1986 29.40
1987 30.23
1988 30.63
1989 32.68
1990 37.33
1991 38.96
1992 37.01
1993 36.42
1994 36.40
1995 37.12
1996 37.50
1997 35.65
1998 30.77
1999 29.99
2000 31.75
2001 30.75
2002 30.38
2003 31.26
2004 31.03
2005 30.48
2006 30.49
2007 30.15
2008 31.00
2009 30.87
2010 30.23
2011 30.15
2012 29.55
2013 29.09
2014 28.96
2015 29.01
2016 29.72
2017 31.51
2018 30.38
2019 30.09
2020 31.11

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts