South Korea (2024)
30
% of GDP
-1.9pp YoY
YoY Change
-1.9pp
percentage points
Trend
down
Series length
35
years of data

Data

Year% of GDPYoY Change
202430-1.9pp
202331.9-1.4pp
202233.3+0.8pp
202132.5+1pp
202031.5+0.3pp
201931.2-0.1pp
201831.2-0.7pp
201732+2pp
201630+0.7pp
201529.3-0.5pp
201429.8-0.1pp
201329.9-1.3pp
201231.2-2pp
201133.3+0.5pp
201032.8+3.2pp
200929.6-4.1pp
200833.7+0.5pp
200733.2+0.2pp
200633+0.3pp
200532.7n/a

About this Dataset

South Korea recorded 30.0 % of GDP in 2024. The most recent year-on-year change was -1.9pp. The historical series (1990–2024) shows a peak of 41.7 in 1991 and a trough of 28.1 in 1998.

Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks south korea gross capital formation (% of gdp) in South Korea, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 41.7 % of GDP in 1991 and reached its lowest recorded value of 28.1 in 1998. The latest reading of 30.0 in 2024 represents a year-on-year change of -1.9pp.