China vs United States: Gross fixed capital formation (current US$)
Gross fixed capital formation (current US$) over time
- China
- United States
How they compare
China currently reports 7.43 trillion current US$ against 6.26 trillion current US$ in United States, a difference of 1.17 trillion current US$.
That makes China's figure about 1.2 times United States's.
The two have swapped places 1 time across 55 shared years of data; in 1970 it was United States ahead.
China ranks 1st and United States ranks 2nd of 181 countries.
Across the 6 decades both report, China averaged higher in 2 and United States in 4.
Head to head by decade
| Decade | China | United States | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 38.29 billion current US$ | 380.45 billion current US$ | 342.16 billion current US$ | United States |
| 1980s | 76.39 billion current US$ | 958.37 billion current US$ | 881.98 billion current US$ | United States |
| 1990s | 220.52 billion current US$ | 1.60 trillion current US$ | 1.38 trillion current US$ | United States |
| 2000s | 1.02 trillion current US$ | 2.76 trillion current US$ | 1.74 trillion current US$ | United States |
| 2010s | 4.55 trillion current US$ | 3.66 trillion current US$ | 894.77 billion current US$ | China |
| 2020s | 7.23 trillion current US$ | 5.48 trillion current US$ | 1.75 trillion current US$ | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, China or United States?
- China, at 7.43 trillion current US$ against 6.26 trillion current US$ in United States as of 2024.
- What is the difference in gross fixed capital formation between China and United States?
- 1.17 trillion current US$, with China ahead.
- How many years of comparable data are there for China and United States?
- 55 years are reported by both, from 1970 to 2024.
- How do China and United States rank globally for gross fixed capital formation?
- China ranks 1st and United States ranks 2nd of 181 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross fixed capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.