Adjusted savings: consumption of fixed capital in South Korea

South Korea: Adjusted savings: consumption of fixed capital was 378.07 billion current US$ in 2021. ◆ Volatile

Latest (2021)
378.07 billion current US$
Change on year
up 11.6%
World rank
9th
of 206 countries
All-time high
378.07 billion current US$
in 2021
All-time low
568.65 million current US$
in 1970
Years of data
52
1970–2021

Adjusted savings: consumption of fixed capital in South Korea, 1970–2021

0100.0B200.0B300.0B400.0B197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2021, adjusted savings: consumption of fixed capital in South Korea stood at 378.07 billion current US$. That is the highest value across all 52 years on record.

The figure is up 11.6% on the previous year and up 62.5% over ten years.

Over the whole period, adjusted savings: consumption of fixed capital in South Korea peaked at 378.07 billion current US$ in 2021 and was at its lowest, 568.65 million current US$, in 1970.

That places South Korea 9th out of 206 countries with data for 2021, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.08 billion current US$ 568.65 million current US$ 5.50 billion current US$ 10
1980s 13.44 billion current US$ 6.28 billion current US$ 29.42 billion current US$ 10
1990s 65.47 billion current US$ 35.59 billion current US$ 91.94 billion current US$ 10
2000s 145.46 billion current US$ 94.69 billion current US$ 196.99 billion current US$ 10
2010s 272.77 billion current US$ 206.85 billion current US$ 327.59 billion current US$ 10
2020s 358.39 billion current US$ 338.70 billion current US$ 378.07 billion current US$ 2

Countries ranked near South Korea

  1. 6 United Kingdom 474.35 billion current US$ compare
  2. 7 Italy 388.46 billion current US$ compare
  3. 8 India 379.11 billion current US$ compare
  4. 10 Canada 325.77 billion current US$ compare
  5. 11 Brazil 296.64 billion current US$ compare
  6. 12 Australia 265.79 billion current US$ compare

See the full ranking of 206 places →

More economy & growth data for South Korea

All data for South Korea →

Frequently asked questions

What is adjusted savings: consumption of fixed capital in South Korea?
Adjusted savings: consumption of fixed capital in South Korea was 378.07 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: consumption of fixed capital recorded in South Korea?
The highest recorded value was 378.07 billion current US$ in 2021.
What is the lowest adjusted savings: consumption of fixed capital recorded in South Korea?
The lowest recorded value was 568.65 million current US$ in 1970.
How does South Korea rank for adjusted savings: consumption of fixed capital?
South Korea ranks 9th out of 206 countries with data for 2021.
Is adjusted savings: consumption of fixed capital rising or falling in South Korea?
Over the last ten years it is up 62.5%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 52 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: consumption of fixed capital (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
206 places, 9,114 data points, 1970–2021
Last refreshed

Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.