Gross fixed capital formation, private sector in China
China: Gross fixed capital formation, private sector was 43.34 trillion current LCU in 2023. ◆ Volatile
Gross fixed capital formation, private sector in China, 1992–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
China recorded 43.34 trillion current LCU for gross fixed capital formation, private sector in 2023. That is the highest value across all 32 years on record.
The figure is up 0.5% on the previous year and up 85.7% over ten years.
Over the whole period, gross fixed capital formation, private sector in China peaked at 43.34 trillion current LCU in 2023 and was at its lowest, 755.25 billion current LCU, in 1992.
China ranks 5th of 105 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.84 trillion current LCU | 755.25 billion current LCU | 2.64 trillion current LCU | 8 |
| 2000s | 6.73 trillion current LCU | 2.92 trillion current LCU | 13.43 trillion current LCU | 10 |
| 2010s | 25.88 trillion current LCU | 15.89 trillion current LCU | 37.20 trillion current LCU | 10 |
| 2020s | 41.10 trillion current LCU | 36.69 trillion current LCU | 43.34 trillion current LCU | 4 |
Countries ranked near China
More economy & growth data for China
- DEC alternative conversion factor 7.19 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 157.71 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 21.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -817.92 billion current LCU (2025)
- Net primary income (Net income from abroad) -113.76 billion current US$ (2025)
- GNI per capita 99,084 current LCU (2025)
- GNI per capita, Atlas method 14,230 current US$ (2025)
- GNI 139.37 trillion current LCU (2025)
- GNI 19.38 trillion current US$ (2025)
- GNI, Atlas method 20.02 trillion current US$ (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in China?
- Gross fixed capital formation, private sector in China was 43.34 trillion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in China?
- The highest recorded value was 43.34 trillion current LCU in 2023.
- What is the lowest gross fixed capital formation, private sector recorded in China?
- The lowest recorded value was 755.25 billion current LCU in 1992.
- How does China rank for gross fixed capital formation, private sector?
- China ranks 5th out of 105 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in China?
- Over the last ten years it is up 85.7%. 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, private sector (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.