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Gross Capital Formation (USD) fell 0.922% to USD 550,308 bil in South Korea in 2023

Gross Capital Formation (USD) (USD bil), 2023
Economy | South Korea | September 1, 2025
$2.99
Excel Sheet

Gross capital formation fell 0.922% to USD 550,308 bil in South Korea in 2023, according to the National Statistical Office.

Historically, gross capital formation in South Korea reached an all time high of USD 587,848 bil in 2021 and an all time low of USD 307 bil in 1961.

South Korea has been ranked 9th within the group of 153 countries we follow in terms of gross capital formation, 3 places above the position seen 10 years ago.

Gross Capital Formation (USD) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Cambodia USD bil 10,189 11,517 10,916 11,176 13,836
China USD bil 6,127,939 6,212,756 6,384,329 7,768,897 7,758,145 ...
Dem. People's Republic of Korea USD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
India USD bil 874,214 853,410 773,631 1,017,195 1,124,936
Japan USD bil 1,292,568 1,319,915 1,274,839 1,301,346 1,141,299 ...
Laos USD bil ... ... ... ... ... ... ...
Russia USD bil 363,255 383,685 350,213 420,884 531,720
South Korea USD bil 543,272 520,115 524,282 587,848 555,428 ...
Thailand USD bil 127,801 129,547 118,887 145,121 138,079
USA USD bil 4,455,419 4,667,673 4,573,797 5,051,971 5,708,454
Vietnam USD bil 99,295 106,930 110,625 120,554 133,710 ...