Gross fixed capital formation in China

China: Gross fixed capital formation was 7.43 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
7.43 trillion current US$
Change on year
up 0.5%
World rank
1st
of 180 countries
All-time high
7.55 trillion current US$
in 2022
All-time low
7.31 billion current US$
in 1962
Years of data
65
1960–2024

Gross fixed capital formation in China, 1960–2024

02.0T4.0T6.0T8.0T196019922024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross fixed capital formation in China is 7.43 trillion current US$, measured in 2024.

That represents a change of up 0.5% on the previous year and up 60.4% over ten years.

Over the whole period, gross fixed capital formation in China peaked at 7.55 trillion current US$ in 2022 and was at its lowest, 7.31 billion current US$, in 1962.

China ranks 1st of 180 countries on this measure, 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 13.10 billion current US$ 7.31 billion current US$ 19.50 billion current US$ 10
1970s 38.29 billion current US$ 22.35 billion current US$ 50.55 billion current US$ 10
1980s 76.39 billion current US$ 53.39 billion current US$ 96.99 billion current US$ 10
1990s 220.52 billion current US$ 86.57 billion current US$ 360.68 billion current US$ 10
2000s 1.02 trillion current US$ 399.52 billion current US$ 2.25 trillion current US$ 10
2010s 4.55 trillion current US$ 2.70 trillion current US$ 6.15 trillion current US$ 10
2020s 7.23 trillion current US$ 6.28 trillion current US$ 7.55 trillion current US$ 5

Countries ranked near China

  1. 2 United States 6.26 trillion current US$ compare
  2. 3 India 1.25 trillion current US$ compare
  3. 4 Japan 1.17 trillion current US$ compare

See the full ranking of 223 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 7.43 trillion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest gross fixed capital formation recorded in China?
The highest recorded value was 7.55 trillion current US$ in 2022.
What is the lowest gross fixed capital formation recorded in China?
The lowest recorded value was 7.31 billion current US$ in 1962.
How does China rank for gross fixed capital formation?
China ranks 1st 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 60.4%. 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 Offices (NSOs), published as part of Gross fixed capital formation (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
223 places, 10,305 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 indicator is expressed in United States dollars.