Gross fixed capital formation in China

China: Gross fixed capital formation was 53.45 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
53.45 trillion current LCU
Change on year
up 2.1%
World rank
17th
of 180 countries
All-time high
53.45 trillion current LCU
in 2024
All-time low
17.99 billion current LCU
in 1962
Years of data
65
1960–2024

Gross fixed capital formation in China, 1960–2024

020.0T40.0T60.0T196019922024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2024, gross fixed capital formation in China stood at 53.45 trillion current LCU. That is the highest value across all 65 years on record.

That represents a change of up 2.1% on the previous year and up 87.9% over ten years.

Over the whole period, gross fixed capital formation in China peaked at 53.45 trillion current LCU in 2024 and was at its lowest, 17.99 billion current LCU, in 1962.

That places China 17th out of 180 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

DecadeAverage LowestHighest Years
1960s 32.24 billion current LCU 17.99 billion current LCU 47.99 billion current LCU 10
1970s 81.16 billion current LCU 55.03 billion current LCU 116.25 billion current LCU 10
1980s 268.18 billion current LCU 131.02 billion current LCU 471.39 billion current LCU 10
1990s 1.75 trillion current LCU 452.74 billion current LCU 2.99 trillion current LCU 10
2000s 7.75 trillion current LCU 3.31 trillion current LCU 15.39 trillion current LCU 10
2010s 29.67 trillion current LCU 18.25 trillion current LCU 42.50 trillion current LCU 10
2020s 49.71 trillion current LCU 43.31 trillion current LCU 53.45 trillion current LCU 5

Countries ranked near China

  1. 14 Paraguay 80.83 trillion current LCU compare
  2. 15 Democratic Republic of Congo 70.15 trillion current LCU compare
  3. 16 Cambodia 63.60 trillion current LCU compare
  4. 18 Iraq 52.19 trillion current LCU compare
  5. 19 Uganda 49.81 trillion current LCU compare
  6. 20 Russia 49.47 trillion current LCU compare

See the full ranking of 180 places →

More economy & growth data for China

All data for China →

Frequently asked questions

What is gross fixed capital formation in China?
Gross fixed capital formation in China was 53.45 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation recorded in China?
The highest recorded value was 53.45 trillion current LCU in 2024.
What is the lowest gross fixed capital formation recorded in China?
The lowest recorded value was 17.99 billion current LCU in 1962.
How does China rank for gross fixed capital formation?
China ranks 17th out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in China?
Over the last ten years it is up 87.9%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
Last refreshed

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.