Gross capital formation in China
China: Gross capital formation was 1.9% in 2025. ◆ Volatile
Gross capital formation in China, 1996–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2025, gross capital formation in China stood at 1.9%. That is the lowest value across all 30 years on record.
That represents a change of down 31.8% on the previous year and down 45.4% over ten years.
Over the whole period, gross capital formation in China peaked at 23.8% in 2003 and was at its lowest, 1.9%, in 2025.
That places China 113th out of 168 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in China, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1996 | 13.2% | — |
| 1997 | 5.2% | -60.3% |
| 1998 | 8.7% | +66.3% |
| 1999 | 6.4% | -26.7% |
| 2000 | 7.3% | +14.3% |
| 2001 | 20.8% | +185.6% |
| 2002 | 13.0% | -37.3% |
| 2003 | 23.8% | +82.7% |
| 2004 | 19.2% | -19.4% |
| 2005 | 10.6% | -44.8% |
| 2006 | 15.3% | +43.9% |
| 2007 | 17.4% | +14.1% |
| 2008 | 13.9% | -20.4% |
| 2009 | 20.9% | +50.7% |
| 2010 | 15.8% | -24.6% |
| 2011 | 8.7% | -44.6% |
| 2012 | 7.6% | -12.5% |
| 2013 | 9.5% | +23.7% |
| 2014 | 7.5% | -20.7% |
| 2015 | 3.6% | -52.6% |
| 2016 | 6.9% | +94.7% |
| 2017 | 6.3% | -9.1% |
| 2018 | 6.8% | +7.4% |
| 2019 | 4.1% | -38.9% |
| 2020 | 4.2% | +1.7% |
| 2021 | 4.0% | -5.6% |
| 2022 | 2.9% | -28.1% |
| 2023 | 3.4% | +20.5% |
| 2024 | 2.8% | -17.2% |
| 2025 | 1.9% | -31.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.4% | 5.2% | 13.2% | 4 |
| 2000s | 16.2% | 7.3% | 23.8% | 10 |
| 2010s | 7.7% | 3.6% | 15.8% | 10 |
| 2020s | 3.2% | 1.9% | 4.2% | 6 |
Countries ranked near China
- 110 Colombia 2.1% compare
- 111 Austria 2.0% compare
- 112 South Sudan 2.0% compare
- 114 Solomon Islands 1.9% compare
- 115 Netherlands 1.8% compare
- 116 Azerbaijan 1.5% compare
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- GDP (current US$), annual growth rate 4.1 % change on previous year (2025)
- GDP (current US$), per capita 13,862 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.99 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7.19 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 99,666 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.995 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 13,793 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation in China?
- Gross capital formation in China was 1.9% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in China?
- The highest recorded value was 23.8% in 2003.
- What is the lowest gross capital formation recorded in China?
- The lowest recorded value was 1.9% in 2025.
- How does China rank for gross capital formation?
- China ranks 113th out of 168 countries with data for 2025.
- Is gross capital formation rising or falling in China?
- Over the last ten years it is down 45.4%. 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 Organizations and/or Central Banks, published as part of Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.