China (People’s Republic of) vs Russia: Gross fixed capital formation
Gross fixed capital formation over time
- China (People’s Republic of)
- Russia
How they compare
China (People’s Republic of) currently reports 53.45 trillion current LCU against 49.47 trillion current LCU in Russia, a difference of 3.98 trillion current LCU.
That makes China (People’s Republic of)'s figure about 1.1 times Russia's.
Across all 36 years both countries report, China (People’s Republic of) has been ahead every year.
China (People’s Republic of) ranks 17th and Russia ranks 20th of 180 countries.
China (People’s Republic of) has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | China (People’s Republic of) | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 439.91 billion current LCU | 182.00 million current LCU | 439.72 billion current LCU | China (People’s Republic of) |
| 1990s | 1.75 trillion current LCU | 242.30 billion current LCU | 1.51 trillion current LCU | China (People’s Republic of) |
| 2000s | 7.75 trillion current LCU | 4.40 trillion current LCU | 3.35 trillion current LCU | China (People’s Republic of) |
| 2010s | 29.67 trillion current LCU | 17.09 trillion current LCU | 12.58 trillion current LCU | China (People’s Republic of) |
| 2020s | 49.71 trillion current LCU | 32.95 trillion current LCU | 16.76 trillion current LCU | China (People’s Republic of) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, China (People’s Republic of) or Russia?
- China (People’s Republic of), at 53.45 trillion current LCU against 49.47 trillion current LCU in Russia as of 2024.
- What is the difference in gross fixed capital formation between China (People’s Republic of) and Russia?
- 3.98 trillion current LCU, with China (People’s Republic of) ahead.
- How many years of comparable data are there for China (People’s Republic of) and Russia?
- 36 years are reported by both, from 1989 to 2024.
- How do China (People’s Republic of) and Russia rank globally for gross fixed capital formation?
- China (People’s Republic of) ranks 17th and Russia ranks 20th of 180 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
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.