South Korea vs Russia: Gross fixed capital formation
Gross fixed capital formation over time
- South Korea
- Russia
How they compare
Russia currently reports 591.40 billion current US$ against 530.44 billion current US$ in South Korea, a difference of 60.95 billion current US$.
That makes Russia's figure about 1.1 times South Korea's.
The two have swapped places 6 times across 37 shared years of data; in 1989 it was Russia ahead.
Globally, South Korea ranks 11th and Russia ranks 8th of 180 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.