South Korea vs United Kingdom: Gross fixed capital formation
Gross fixed capital formation over time
- South Korea
- United Kingdom
How they compare
United Kingdom currently reports 664.11 billion constant 2015 US$ against 519.10 billion constant 2015 US$ in South Korea, a difference of 145.00 billion constant 2015 US$.
That makes United Kingdom's figure about 1.3 times South Korea's.
Across all 56 years both countries report, United Kingdom has been ahead every year.
Globally, South Korea ranks 7th and United Kingdom ranks 5th of 160 countries.
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About this data
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.