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 | ... |