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South Korea: Gross fixed capital formation

Millions of local currency · 1911–2025 · 103 observations · forecasts to 2026 · finv

2025
776 trillionlocal currency
Change on 2024
−1.8%year on year
Average growth, 2015–2025
+4.3%a year
In US dollars, 2025
$546 billionUS dollars

Gross fixed capital formation

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10M1B100B10T1,000T192019401960198020002020South KoreaSouth Korea
ForecastLocal currency

Compare with other countries →Definition of Gross fixed capital formation

Recent values

Millions of local currency

YearValue
2026810,600,000Forecast
2025776,400,000
2024790,400,000
2023770,700,000
2022742,100,000
2021699,600,000
2020639,000,000
2019614,500,000
2018612,000,000
2017613,100,000
2016547,500,000

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