Colombia vs South Korea: Gross fixed capital formation
Gross fixed capital formation over time
- Colombia
- South Korea
How they compare
South Korea currently reports 637.48 trillion constant LCU against 169.87 trillion constant LCU in Colombia, a difference of 467.61 trillion constant LCU.
That makes South Korea's figure about 3.8 times Colombia's.
The two have swapped places 1 time across 61 shared years of data; in 1965 it was Colombia ahead.
Globally, Colombia ranks 5th and South Korea ranks 4th of 167 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 varies by country. This series is expressed in local currency units.