Net investment in nonfinancial assets in South Korea
South Korea: Net investment in nonfinancial assets was 33.54 trillion current LCU in 2024. ◆ Volatile
Net investment in nonfinancial assets in South Korea, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net investment in nonfinancial assets in South Korea is 33.54 trillion current LCU, measured in 2024. That is the highest value across all 53 years on record.
That represents a change of up 5.9% on the previous year and up 27.5% over ten years.
Over the whole period, net investment in nonfinancial assets in South Korea peaked at 33.54 trillion current LCU in 2024 and was at its lowest, 63.00 billion current LCU, in 1973.
That places South Korea 3rd out of 156 countries with data for 2024, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 189.50 billion current LCU | 63.00 billion current LCU | 408.00 billion current LCU | 8 |
| 1980s | 1.03 trillion current LCU | 504.00 billion current LCU | 1.58 trillion current LCU | 10 |
| 1990s | 4.89 trillion current LCU | 1.65 trillion current LCU | 11.18 trillion current LCU | 10 |
| 2000s | 12.06 trillion current LCU | 7.97 trillion current LCU | 18.47 trillion current LCU | 10 |
| 2010s | 23.94 trillion current LCU | 12.98 trillion current LCU | 30.75 trillion current LCU | 10 |
| 2020s | 31.90 trillion current LCU | 30.61 trillion current LCU | 33.54 trillion current LCU | 5 |
Countries ranked near South Korea
More public sector data for South Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Tax revenue 13.3% (2024)
- Taxes on income, profits and capital gains 27.5% (2024)
- Taxes on goods and services 17.0% (2024)
- Net investment in nonfinancial assets 1.3% (2024)
- Net lending (+) / net borrowing (-) -1.8% (2024)
- Interest payments 5.3% (2024)
- Grants and other revenue 19.8% (2024)
- Interest payments 4.4% (2023)
- Other taxes 4.7% (2024)
Frequently asked questions
- What is net investment in nonfinancial assets in South Korea?
- Net investment in nonfinancial assets in South Korea was 33.54 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in South Korea?
- The highest recorded value was 33.54 trillion current LCU in 2024.
- What is the lowest net investment in nonfinancial assets recorded in South Korea?
- The lowest recorded value was 63.00 billion current LCU in 1973.
- How does South Korea rank for net investment in nonfinancial assets?
- South Korea ranks 3rd out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in South Korea?
- Over the last ten years it is up 27.5%. The long-run trend across the full record is volatile.
- Where does this South Korea data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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.