Gross fixed capital formation, private sector in China (People’s Republic of)
China (People’s Republic of): Gross fixed capital formation, private sector was 43.34 trillion current LCU in 2023. ◆ Volatile
Gross fixed capital formation, private sector in China (People’s Republic of), 1992–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
China (People’s Republic of) recorded 43.34 trillion current LCU for gross fixed capital formation, private sector in 2023. That is the highest value across all 32 years on record.
The figure is up 0.5% on the previous year and up 85.7% over ten years.
Over the whole period, gross fixed capital formation, private sector in China (People’s Republic of) peaked at 43.34 trillion current LCU in 2023 and was at its lowest, 755.25 billion current LCU, in 1992.
China (People’s Republic of) ranks 5th of 105 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.84 trillion current LCU | 755.25 billion current LCU | 2.64 trillion current LCU | 8 |
| 2000s | 6.73 trillion current LCU | 2.92 trillion current LCU | 13.43 trillion current LCU | 10 |
| 2010s | 25.88 trillion current LCU | 15.89 trillion current LCU | 37.20 trillion current LCU | 10 |
| 2020s | 41.10 trillion current LCU | 36.69 trillion current LCU | 43.34 trillion current LCU | 4 |
Countries ranked near China (People’s Republic of)
More economy & growth data for China (People’s Republic of)
- Gdp worldbank constant usd, annual growth rate 4.96 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 13,793 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp 4.19 (2025)
- Inflation of consumer prices 0.0596 (2025)
- Gdp per capita worldbank constant usd 13,793 (2025)
- Manufacturing value added to gdp 24.73 (2025)
- Gdp worldbank constant usd 19.40 trillion (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in China (People’s Republic of)?
- Gross fixed capital formation, private sector in China (People’s Republic of) was 43.34 trillion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in China (People’s Republic of)?
- The highest recorded value was 43.34 trillion current LCU in 2023.
- What is the lowest gross fixed capital formation, private sector recorded in China (People’s Republic of)?
- The lowest recorded value was 755.25 billion current LCU in 1992.
- How does China (People’s Republic of) rank for gross fixed capital formation, private sector?
- China (People’s Republic of) ranks 5th out of 105 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in China (People’s Republic of)?
- Over the last ten years it is up 85.7%. The long-run trend across the full record is volatile.
- Where does this China (People’s Republic of) 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, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.