Commercial users: see the World Economic Database from our partners at Anansi Data Analytics

South Korea: Gross fixed capital formation

Millions of local currency · 1911–2025 · 103 observations · forecasts to 2027 · finv

2025
754 trillionlocal currency
Change on 2024
−1.8%year on year
Average growth, 2015–2025
+4.0%a year
In US dollars, 2025
$530 billionUS dollars

Gross fixed capital formation

Report error
10M1B100B10T1,000T192019401960198020002020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
2027828,653,632Forecast
2026790,565,056Forecast
2025753,665,280
2024767,808,128
2023757,460,416
2022742,073,920
2021699,630,720
2020638,966,720
2019614,474,624
2018612,026,624
2017613,123,520
2016547,455,680

Sources

  • Mitchell1911–2010
  • Cha et al.1911–2015
  • Asian Historical Statistics1953–2013
  • WDI (archive)1960–1997
  • IMF International Financial Statistics1960–2025
  • OECD Economic Outlook1960–2025
  • World Development Indicators1960–2025
  • FAO1970–2023
  • United Nations1970–2024
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms