Gross fixed capital formation (current LCU) in China
China: Gross fixed capital formation (current LCU) was 53.45 trillion current LCU in 2024. ◆ Volatile
Latest (2024)
53.45 trillion current LCU
Change on year
up 2.1%
World rank
17th
of 181 countries
All-time high
53.45 trillion current LCU
in 2024
All-time low
17.99 billion current LCU
in 1962
Years of data
65
1960–2024
Gross fixed capital formation in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross fixed capital formation in China stood at 53.45 trillion current LCU. That is the highest value across all 65 years on record.
That represents a change of up 2.1% on the previous year and up 87.9% over ten years.
Over the whole period, gross fixed capital formation in China peaked at 53.45 trillion current LCU in 2024 and was at its lowest, 17.99 billion current LCU, in 1962.
That places China 17th out of 181 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU) in China, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 47.99 billion current LCU | — |
| 1961 | 23.40 billion current LCU | -51.2% |
| 1962 | 17.99 billion current LCU | -23.1% |
| 1963 | 22.17 billion current LCU | +23.2% |
| 1964 | 29.79 billion current LCU | +34.4% |
| 1965 | 35.79 billion current LCU | +20.2% |
| 1966 | 41.22 billion current LCU | +15.2% |
| 1967 | 32.61 billion current LCU | -20.9% |
| 1968 | 30.29 billion current LCU | -7.1% |
| 1969 | 41.17 billion current LCU | +35.9% |
| 1970 | 55.03 billion current LCU | +33.7% |
| 1971 | 61.04 billion current LCU | +10.9% |
| 1972 | 62.86 billion current LCU | +3.0% |
| 1973 | 66.93 billion current LCU | +6.5% |
| 1974 | 75.10 billion current LCU | +12.2% |
| 1975 | 88.29 billion current LCU | +17.6% |
| 1976 | 86.78 billion current LCU | -1.7% |
| 1977 | 91.41 billion current LCU | +5.3% |
| 1978 | 107.93 billion current LCU | +18.1% |
| 1979 | 116.25 billion current LCU | +7.7% |
| 1980 | 131.02 billion current LCU | +12.7% |
| 1981 | 134.54 billion current LCU | +2.7% |
| 1982 | 151.74 billion current LCU | +12.8% |
| 1983 | 169.65 billion current LCU | +11.8% |
| 1984 | 213.41 billion current LCU | +25.8% |
| 1985 | 276.89 billion current LCU | +29.7% |
| 1986 | 321.24 billion current LCU | +16.0% |
| 1987 | 372.04 billion current LCU | +15.8% |
| 1988 | 471.39 billion current LCU | +26.7% |
| 1989 | 439.91 billion current LCU | -6.7% |
| 1990 | 452.74 billion current LCU | +2.9% |
| 1991 | 574.58 billion current LCU | +26.9% |
| 1992 | 835.68 billion current LCU | +45.4% |
| 1993 | 1.34 trillion current LCU | +59.9% |
| 1994 | 1.70 trillion current LCU | +26.8% |
| 1995 | 2.01 trillion current LCU | +18.7% |
| 1996 | 2.30 trillion current LCU | +14.6% |
| 1997 | 2.51 trillion current LCU | +8.8% |
| 1998 | 2.84 trillion current LCU | +13.3% |
| 1999 | 2.99 trillion current LCU | +5.2% |
| 2000 | 3.31 trillion current LCU | +10.8% |
| 2001 | 3.75 trillion current LCU | +13.5% |
| 2002 | 4.31 trillion current LCU | +15.0% |
| 2003 | 5.31 trillion current LCU | +23.0% |
| 2004 | 6.46 trillion current LCU | +21.7% |
| 2005 | 7.46 trillion current LCU | +15.4% |
| 2006 | 8.57 trillion current LCU | +15.0% |
| 2007 | 10.33 trillion current LCU | +20.5% |
| 2008 | 12.58 trillion current LCU | +21.8% |
| 2009 | 15.39 trillion current LCU | +22.3% |
| 2010 | 18.25 trillion current LCU | +18.6% |
| 2011 | 21.57 trillion current LCU | +18.2% |
| 2012 | 24.02 trillion current LCU | +11.4% |
| 2013 | 26.61 trillion current LCU | +10.8% |
| 2014 | 28.45 trillion current LCU | +6.9% |
| 2015 | 29.24 trillion current LCU | +2.8% |
| 2016 | 31.27 trillion current LCU | +7.0% |
| 2017 | 35.10 trillion current LCU | +12.2% |
| 2018 | 39.67 trillion current LCU | +13.0% |
| 2019 | 42.50 trillion current LCU | +7.1% |
| 2020 | 43.31 trillion current LCU | +1.9% |
| 2021 | 48.54 trillion current LCU | +12.1% |
| 2022 | 50.88 trillion current LCU | +4.8% |
| 2023 | 52.36 trillion current LCU | +2.9% |
| 2024 | 53.45 trillion current LCU | +2.1% |
China compared with similar countries
- China's 53.45 trillion current LCU is above the median for upper middle income countries, which is 431.60 billion current LCU, 123.9× the median. (51 countries reporting)
- China's 53.45 trillion current LCU is above the median for East Asia & Pacific, which is 174.36 billion current LCU, 306.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 32.24 billion current LCU | 17.99 billion current LCU | 47.99 billion current LCU | 10 |
| 1970s | 81.16 billion current LCU | 55.03 billion current LCU | 116.25 billion current LCU | 10 |
| 1980s | 268.18 billion current LCU | 131.02 billion current LCU | 471.39 billion current LCU | 10 |
| 1990s | 1.75 trillion current LCU | 452.74 billion current LCU | 2.99 trillion current LCU | 10 |
| 2000s | 7.75 trillion current LCU | 3.31 trillion current LCU | 15.39 trillion current LCU | 10 |
| 2010s | 29.67 trillion current LCU | 18.25 trillion current LCU | 42.50 trillion current LCU | 10 |
| 2020s | 49.71 trillion current LCU | 43.31 trillion current LCU | 53.45 trillion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate 5.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 39.69 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.8948 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.98 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.91 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in China?
- Gross fixed capital formation in China was 53.45 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in China?
- The highest recorded value was 53.45 trillion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in China?
- The lowest recorded value was 17.99 billion current LCU in 1962.
- How does China rank for gross fixed capital formation?
- China ranks 17th out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in China?
- Over the last ten years it is up 87.9%. 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 fixed capital formation (current LCU). Statizoid updates them automatically from the source API.
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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 series is expressed in local currency units.