Gross fixed capital formation (current LCU), annual growth rate in China
China: Gross fixed capital formation (current LCU), annual growth rate was 2.09 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.09 % change on previous year
Change on year
down 28.0%
World rank
139th
of 179 countries
All-time high
59.92 % change on previous year
in 1993
All-time low
-51.24 % change on previous year
in 1961
Years of data
64
1961–2024
Gross fixed capital formation (current LCU), annual growth rate in China, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation (current lcu), annual growth rate in China stood at 2.09 % change on previous year.
The figure is down 28.0% on the previous year and down 69.8% over ten years.
Over the whole period, gross fixed capital formation (current lcu), annual growth rate in China peaked at 59.92 % change on previous year in 1993 and was at its lowest, -51.24 % change on previous year, in 1961.
That places China 139th out of 179 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), annual growth rate in China, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -51.24 % change on previous year | — |
| 1962 | -23.13 % change on previous year | -54.9% |
| 1963 | 23.21 % change on previous year | -200.3% |
| 1964 | 34.39 % change on previous year | +48.2% |
| 1965 | 20.16 % change on previous year | -41.4% |
| 1966 | 15.16 % change on previous year | -24.8% |
| 1967 | -20.88 % change on previous year | -237.7% |
| 1968 | -7.13 % change on previous year | -65.9% |
| 1969 | 35.93 % change on previous year | -604.1% |
| 1970 | 33.66 % change on previous year | -6.3% |
| 1971 | 10.93 % change on previous year | -67.5% |
| 1972 | 2.97 % change on previous year | -72.8% |
| 1973 | 6.48 % change on previous year | +118.2% |
| 1974 | 12.2 % change on previous year | +88.1% |
| 1975 | 17.57 % change on previous year | +44.0% |
| 1976 | -1.71 % change on previous year | -109.7% |
| 1977 | 5.33 % change on previous year | -411.6% |
| 1978 | 18.08 % change on previous year | +239.2% |
| 1979 | 7.71 % change on previous year | -57.4% |
| 1980 | 12.7 % change on previous year | +64.8% |
| 1981 | 2.68 % change on previous year | -78.9% |
| 1982 | 12.78 % change on previous year | +376.4% |
| 1983 | 11.81 % change on previous year | -7.7% |
| 1984 | 25.79 % change on previous year | +118.5% |
| 1985 | 29.74 % change on previous year | +15.3% |
| 1986 | 16.02 % change on previous year | -46.2% |
| 1987 | 15.81 % change on previous year | -1.3% |
| 1988 | 26.71 % change on previous year | +68.9% |
| 1989 | -6.68 % change on previous year | -125.0% |
| 1990 | 2.92 % change on previous year | -143.7% |
| 1991 | 26.91 % change on previous year | +822.7% |
| 1992 | 45.44 % change on previous year | +68.9% |
| 1993 | 59.92 % change on previous year | +31.9% |
| 1994 | 26.85 % change on previous year | -55.2% |
| 1995 | 18.66 % change on previous year | -30.5% |
| 1996 | 14.55 % change on previous year | -22.0% |
| 1997 | 8.8 % change on previous year | -39.5% |
| 1998 | 13.26 % change on previous year | +50.6% |
| 1999 | 5.15 % change on previous year | -61.1% |
| 2000 | 10.77 % change on previous year | +109.1% |
| 2001 | 13.46 % change on previous year | +25.0% |
| 2002 | 14.97 % change on previous year | +11.2% |
| 2003 | 23.03 % change on previous year | +53.9% |
| 2004 | 21.75 % change on previous year | -5.6% |
| 2005 | 15.4 % change on previous year | -29.2% |
| 2006 | 14.97 % change on previous year | -2.8% |
| 2007 | 20.46 % change on previous year | +36.7% |
| 2008 | 21.84 % change on previous year | +6.7% |
| 2009 | 22.29 % change on previous year | +2.1% |
| 2010 | 18.56 % change on previous year | -16.7% |
| 2011 | 18.22 % change on previous year | -1.8% |
| 2012 | 11.36 % change on previous year | -37.7% |
| 2013 | 10.76 % change on previous year | -5.3% |
| 2014 | 6.92 % change on previous year | -35.7% |
| 2015 | 2.77 % change on previous year | -60.0% |
| 2016 | 6.96 % change on previous year | +151.1% |
| 2017 | 12.24 % change on previous year | +75.9% |
| 2018 | 13.02 % change on previous year | +6.4% |
| 2019 | 7.13 % change on previous year | -45.2% |
| 2020 | 1.91 % change on previous year | -73.3% |
| 2021 | 12.08 % change on previous year | +533.7% |
| 2022 | 4.83 % change on previous year | -60.0% |
| 2023 | 2.9 % change on previous year | -39.9% |
| 2024 | 2.09 % change on previous year | -28.0% |
China compared with similar countries
- China's 2.09 % change on previous year is below the median for upper middle income countries, which is 10.18 % change on previous year, 21% of the median. (50 countries reporting)
- China's 2.09 % change on previous year is below the median for East Asia & Pacific, which is 6.2 % change on previous year, 34% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current LCU), annual growth rate in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +822.7% | 2.92 % change on previous year | 26.91 % change on previous year |
| 1969 | +604.1% | -7.13 % change on previous year | 35.93 % change on previous year |
| 2021 | +533.7% | 1.91 % change on previous year | 12.08 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.94 % change on previous year | -51.24 % change on previous year | 35.93 % change on previous year | 9 |
| 1970s | 11.32 % change on previous year | -1.71 % change on previous year | 33.66 % change on previous year | 10 |
| 1980s | 14.74 % change on previous year | -6.68 % change on previous year | 29.74 % change on previous year | 10 |
| 1990s | 22.25 % change on previous year | 2.92 % change on previous year | 59.92 % change on previous year | 10 |
| 2000s | 17.89 % change on previous year | 10.77 % change on previous year | 23.03 % change on previous year | 10 |
| 2010s | 10.8 % change on previous year | 2.77 % change on previous year | 18.56 % change on previous year | 10 |
| 2020s | 4.76 % change on previous year | 1.91 % change on previous year | 12.08 % change on previous year | 5 |
Countries ranked near China
- 136 Cyprus 2.3 % change on previous year compare
- 137 San Marino 2.27 % change on previous year compare
- 138 Philippines 2.21 % change on previous year compare
- 140 Malta 2.09 % change on previous year compare
- 141 Botswana 2.02 % change on previous year compare
- 142 Belgium 1.93 % change on previous year 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 157.21 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 111.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 79.98 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 87.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 56.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.47 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), annual growth rate in China?
- Gross fixed capital formation (current lcu), annual growth rate in China was 2.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), annual growth rate recorded in China?
- The highest recorded value was 59.92 % change on previous year in 1993.
- What is the lowest gross fixed capital formation (current lcu), annual growth rate recorded in China?
- The lowest recorded value was -51.24 % change on previous year in 1961.
- How does China rank for gross fixed capital formation (current lcu), annual growth rate?
- China ranks 139th out of 179 countries with data for 2024.
- Is gross fixed capital formation (current lcu), annual growth rate rising or falling in China?
- Over the last ten years it is down 69.8%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.