Korea, Rep.: Gross fixed capital formation (constant 2015 US$)

Key figures

What the numbers say

In 2025, Korea, Rep.'s gross fixed capital formation (constant 2015 US$) fell 3.2% on 2024 (from US$536.41 billion to US$519.1 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +3.1% and a typical year strayed about 6.2% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 57.7% in 1966 and the biggest yearly fall was 20.7% in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$4.01 billion a year. A straight line explains 38% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Korea, Rep. had the 5th highest value of the 123 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Korea, Rep. in the 2025 ranking

• Germany — 2nd of 123: US$703.36 billion
• United Kingdom — 3rd of 123: US$664.11 billion
• France — 4th of 123: US$592.76 billion
• Italy — 6th of 123: US$474.73 billion
• Australia — 7th of 123: US$417.59 billion
• Indonesia — 8th of 123: US$408.01 billion

What this measures

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Gross fixed capital formation (constant 2015 US$) in nearby economies

• Australia — US$417.59 billion (2025)
• Brunei Darussalam — US$3.67 billion (2025)
• Cambodia — US$13.09 billion (2025)
• Hong Kong SAR, China — US$65.17 billion (2025)
• Indonesia — US$408.01 billion (2025)
• Japan — US$1.25 trillion (2024)
• Kiribati — US$90.99 million (2024)
• Lao PDR — US$4.87 billion (2016)
• Macao SAR, China — US$5.43 billion (2025)

More economic policy & debt data for Korea, Rep.

• Total reserves, including gold (current US$) — US$436.57 billion (2025)
• Total reserves, excluding gold (current US$) — US$421.91 billion (2025)
• General government final consumption expenditure (current US$) — US$330.43 billion (2025)
• General government final consumption expenditure (current LCU) — 470.02 trillion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$332.28 billion (2025)
• General government final consumption expenditure (constant LCU) — 411.92 trillion (2025)
• General government final consumption expenditure (% of GDP) — 17.65% (2025)
• Households and NPISHs final consumption expenditure (current US$)

Reading data like this

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Questions people ask

What is Korea, Rep.'s gross fixed capital formation (constant 2015 US$)?

US$519.1 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 35,272% from US$1.47 billion in 1960 (9.45% a year on average, compounded). The highest value was US$542.78 billion in 2021 and the lowest US$1.47 billion in 1960.

How does Korea, Rep. rank?

5th highest of 123 economies with data for 2025.

Is the latest change in gross fixed capital formation (constant 2015 US$) unusual for Korea, Rep.?

In 2025, Korea, Rep.'s gross fixed capital formation (constant 2015 US$) fell 3.2% on 2024 (from US$536.41 billion to US$519.1 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +3.1% and a typical year strayed about 6.2% from that (the standard deviation). This year's change was 1.0 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NE.GDI.FTOT.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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