Korea - Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Korea was 488,641,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 497,523,000,000 in 2017 and 1,498,288,000 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 2010 U.S. dollars.

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

See also:

Year Value
1960 1,498,288,000
1961 1,599,070,000
1962 2,071,683,000
1963 2,598,577,000
1964 2,437,238,000
1965 3,140,588,000
1966 4,952,096,000
1967 6,248,732,000
1968 8,749,798,000
1969 11,005,980,000
1970 11,957,660,000
1971 12,705,920,000
1972 13,033,550,000
1973 16,434,760,000
1974 18,809,140,000
1975 20,745,030,000
1976 26,457,410,000
1977 35,049,050,000
1978 47,383,940,000
1979 51,880,930,000
1980 46,128,590,000
1981 45,138,190,000
1982 50,404,740,000
1983 58,527,390,000
1984 65,328,660,000
1985 69,468,580,000
1986 79,427,310,000
1987 94,070,720,000
1988 107,285,000,000
1989 124,576,000,000
1990 155,241,000,000
1991 177,480,000,000
1992 181,686,000,000
1993 196,450,000,000
1994 224,068,000,000
1995 253,136,000,000
1996 274,821,000,000
1997 273,396,000,000
1998 217,246,000,000
1999 237,349,000,000
2000 270,546,000,000
2001 276,536,000,000
2002 297,118,000,000
2003 312,917,000,000
2004 321,641,000,000
2005 326,417,000,000
2006 339,383,000,000
2007 356,545,000,000
2008 354,351,000,000
2009 355,817,000,000
2010 376,283,000,000
2011 381,256,000,000
2012 380,748,000,000
2013 391,462,000,000
2014 403,621,000,000
2015 425,230,000,000
2016 453,195,000,000
2017 497,523,000,000
2018 486,570,000,000
2019 476,197,000,000
2020 488,641,000,000

Aggregation method: Gap-filled total

Base Period: 2010

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts