China vs OECD members: Gross fixed capital formation (current US$)
Gross fixed capital formation (current US$) over time
- China
- OECD members
How they compare
OECD members currently reports 15.18 trillion current US$ against 7.43 trillion current US$ in China, a difference of 7.75 trillion current US$.
That makes OECD members's figure about 2.0 times China's.
Across all 55 years both countries report, OECD members has been ahead every year.
China ranks 1st and OECD members ranks 3rd of 181 countries.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | China | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 38.29 billion current US$ | 1.19 trillion current US$ | 1.15 trillion current US$ | OECD members |
| 1980s | 76.39 billion current US$ | 2.87 trillion current US$ | 2.80 trillion current US$ | OECD members |
| 1990s | 220.52 billion current US$ | 5.68 trillion current US$ | 5.46 trillion current US$ | OECD members |
| 2000s | 1.02 trillion current US$ | 8.26 trillion current US$ | 7.24 trillion current US$ | OECD members |
| 2010s | 4.55 trillion current US$ | 10.83 trillion current US$ | 6.28 trillion current US$ | OECD members |
| 2020s | 7.23 trillion current US$ | 13.86 trillion current US$ | 6.62 trillion current US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, China or OECD members?
- OECD members, at 15.18 trillion current US$ against 7.43 trillion current US$ in China as of 2024.
- What is the difference in gross fixed capital formation between China and OECD members?
- 7.75 trillion current US$, with OECD members ahead.
- How many years of comparable data are there for China and OECD members?
- 55 years are reported by both, from 1970 to 2024.
- How do China and OECD members rank globally for gross fixed capital formation?
- China ranks 1st and OECD members ranks 3rd of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). 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 indicator is expressed in United States dollars.