India vs South Korea: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- India
- South Korea
How they compare
South Korea currently reports 635.16 trillion current LCU against 80.37 trillion current LCU in India, a difference of 554.79 trillion current LCU.
That makes South Korea's figure about 7.9 times India's.
Across all 14 years both countries report, South Korea has been ahead every year.
Globally, India ranks 2nd and South Korea ranks 1st of 105 countries.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 series is expressed in local currency units.