South Korea: Capital investment, percent of GDP

(measure: percent; source: The World Bank)

South Korea: Capital investment as percent of GDP

: For that indicator, The World Bank provides data for South Korea from 1960 to 2015. The average value for South Korea during that period was 27.98 percent with a minumum of 11.45 percent in 1960 and a maximum of 36.85 percent in 1991.
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The capital investment in South Korea and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production. Capital investment, percent of GDP rankings around the world. Create and download charts for South Korea Capital investment, percent of GDP and other indicators with the country comparator.

World Bank definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
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