Gross capital formation in China
China: Gross capital formation was 40.5% in 2024. ▲ Rising
Gross capital formation in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
China recorded 40.5% for gross capital formation in 2024.
That represents a change of down 1.6% on the previous year and down 10.7% over ten years.
Over the whole period, gross capital formation in China peaked at 46.3% in 2011 and was at its lowest, 15.7%, in 1962.
China ranks 8th of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 65 years of available data.
Gross capital formation in China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 39.5% | — |
| 1961 | 22.8% | -42.4% |
| 1962 | 15.7% | -31.0% |
| 1963 | 21.7% | +38.3% |
| 1964 | 24.3% | +11.9% |
| 1965 | 27.1% | +11.3% |
| 1966 | 30.4% | +12.4% |
| 1967 | 23.8% | -21.6% |
| 1968 | 24.9% | +4.5% |
| 1969 | 25.0% | +0.3% |
| 1970 | 32.8% | +31.5% |
| 1971 | 33.6% | +2.3% |
| 1972 | 31.2% | -7.1% |
| 1973 | 32.9% | +5.5% |
| 1974 | 33.2% | +0.8% |
| 1975 | 35.0% | +5.5% |
| 1976 | 33.2% | -5.2% |
| 1977 | 33.8% | +2.0% |
| 1978 | 37.5% | +11.0% |
| 1979 | 36.2% | -3.5% |
| 1980 | 34.5% | -4.7% |
| 1981 | 32.9% | -4.8% |
| 1982 | 31.9% | -3.0% |
| 1983 | 31.9% | -0.2% |
| 1984 | 34.3% | +7.7% |
| 1985 | 39.0% | +13.6% |
| 1986 | 37.7% | -3.4% |
| 1987 | 37.3% | -1.1% |
| 1988 | 39.0% | +4.7% |
| 1989 | 37.1% | -4.8% |
| 1990 | 34.1% | -8.2% |
| 1991 | 35.5% | +4.2% |
| 1992 | 39.3% | +10.6% |
| 1993 | 43.5% | +10.6% |
| 1994 | 40.3% | -7.4% |
| 1995 | 39.1% | -2.9% |
| 1996 | 37.8% | -3.4% |
| 1997 | 35.7% | -5.4% |
| 1998 | 35.0% | -2.1% |
| 1999 | 34.2% | -2.2% |
| 2000 | 33.6% | -1.8% |
| 2001 | 35.5% | +5.6% |
| 2002 | 36.1% | +1.5% |
| 2003 | 39.4% | +9.3% |
| 2004 | 41.6% | +5.6% |
| 2005 | 40.2% | -3.5% |
| 2006 | 39.7% | -1.2% |
| 2007 | 40.2% | +1.3% |
| 2008 | 42.0% | +4.3% |
| 2009 | 44.9% | +7.1% |
| 2010 | 46.1% | +2.6% |
| 2011 | 46.3% | +0.4% |
| 2012 | 45.8% | -1.0% |
| 2013 | 45.9% | +0.2% |
| 2014 | 45.3% | -1.3% |
| 2015 | 42.7% | -5.7% |
| 2016 | 42.1% | -1.4% |
| 2017 | 42.5% | +1.0% |
| 2018 | 43.3% | +1.8% |
| 2019 | 42.7% | -1.5% |
| 2020 | 42.6% | -0.2% |
| 2021 | 42.7% | +0.3% |
| 2022 | 42.4% | -0.8% |
| 2023 | 41.1% | -2.9% |
| 2024 | 40.5% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.5% | 15.7% | 39.5% | 10 |
| 1970s | 33.9% | 31.2% | 37.5% | 10 |
| 1980s | 35.6% | 31.9% | 39.0% | 10 |
| 1990s | 37.5% | 34.1% | 43.5% | 10 |
| 2000s | 39.3% | 33.6% | 44.9% | 10 |
| 2010s | 44.3% | 42.1% | 46.3% | 10 |
| 2020s | 41.8% | 40.5% | 42.7% | 5 |
Countries ranked near China
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)
- External balance on goods and services (current US$), annual growth 48.75 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 48.59 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.87 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.4788 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 6,636 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 3.94 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0703 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 974.53 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross capital formation in China?
- Gross capital formation in China was 40.5% in 2024, 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 46.3% in 2011.
- What is the lowest gross capital formation recorded in China?
- The lowest recorded value was 15.7% in 1962.
- How does China rank for gross capital formation?
- China ranks 8th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in China?
- Over the last ten years it is down 10.7%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
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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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.