Gross Fixed Capital Formation — Value Standard Local Currency, annual in China, Macao SAR

China, Macao SAR: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 2.9 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.9 % change on previous year
Change on year
down 85.3%
World rank
174th
of 230 countries
All-time high
85.15 % change on previous year
in 2005
All-time low
-36.6 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in China, Macao SAR, 1971–2024

-250255075197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

China, Macao SAR recorded 2.9 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.

Compared with earlier readings it is down 85.3% on the previous year and down 94.3% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, annual in China, Macao SAR peaked at 85.15 % change on previous year in 2005 and was at its lowest, -36.6 % change on previous year, in 2009.

That places China, Macao SAR 174th out of 230 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 — Value Standard Local Currency, annual in China, Macao SAR, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in China, Macao SAR, 1971 to 2024.
Year % change on previous year Change
1971 17.67 % change on previous year
1972 17.67 % change on previous year -0.0%
1973 17.69 % change on previous year +0.1%
1974 17.65 % change on previous year -0.2%
1975 17.66 % change on previous year +0.1%
1976 17.76 % change on previous year +0.5%
1977 17.51 % change on previous year -1.4%
1978 17.72 % change on previous year +1.1%
1979 18.05 % change on previous year +1.9%
1980 16.79 % change on previous year -7.0%
1981 18.32 % change on previous year +9.1%
1982 19.04 % change on previous year +3.9%
1983 13.1 % change on previous year -31.2%
1984 23.17 % change on previous year +76.8%
1985 6.83 % change on previous year -70.5%
1986 30.82 % change on previous year +351.1%
1987 22.42 % change on previous year -27.2%
1988 19.5 % change on previous year -13.0%
1989 20.22 % change on previous year +3.7%
1990 16.96 % change on previous year -16.1%
1991 36.89 % change on previous year +117.5%
1992 53.45 % change on previous year +44.9%
1993 14.91 % change on previous year -72.1%
1994 10.46 % change on previous year -29.9%
1995 -6.18 % change on previous year -159.1%
1996 -26.5 % change on previous year +328.8%
1997 0.384 % change on previous year -101.4%
1998 -18.33 % change on previous year -4871.9%
1999 -6.28 % change on previous year -65.7%
2000 -32.11 % change on previous year +411.0%
2001 -8.89 % change on previous year -72.3%
2002 10.68 % change on previous year -220.2%
2003 54.91 % change on previous year +414.1%
2004 50.43 % change on previous year -8.2%
2005 85.15 % change on previous year +68.9%
2006 60.35 % change on previous year -29.1%
2007 37.09 % change on previous year -38.5%
2008 -6.2 % change on previous year -116.7%
2009 -36.6 % change on previous year +490.8%
2010 -10.97 % change on previous year -70.0%
2011 29.11 % change on previous year -365.3%
2012 28.12 % change on previous year -3.4%
2013 17.82 % change on previous year -36.6%
2014 51.37 % change on previous year +188.2%
2015 7.23 % change on previous year -85.9%
2016 -11.58 % change on previous year -260.2%
2017 1.63 % change on previous year -114.1%
2018 -6.87 % change on previous year -520.9%
2019 -17.57 % change on previous year +155.6%
2020 -12.81 % change on previous year -27.1%
2021 2.89 % change on previous year -122.5%
2022 -18.4 % change on previous year -737.8%
2023 19.7 % change on previous year -207.1%
2024 2.9 % change on previous year -85.3%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual in China, Macao SAR 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.

YearChange FromTo
1998 -4871.9% 0.384 % change on previous year -18.33 % change on previous year
2022 -737.8% 2.89 % change on previous year -18.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.71 % change on previous year 17.51 % change on previous year 18.05 % change on previous year 9
1980s 19.02 % change on previous year 6.83 % change on previous year 30.82 % change on previous year 10
1990s 7.58 % change on previous year -26.5 % change on previous year 53.45 % change on previous year 10
2000s 21.48 % change on previous year -36.6 % change on previous year 85.15 % change on previous year 10
2010s 8.83 % change on previous year -17.57 % change on previous year 51.37 % change on previous year 10
2020s -1.15 % change on previous year -18.4 % change on previous year 19.7 % change on previous year 5

Countries ranked near China, Macao SAR

  1. 171 Jordan 3.25 % change on previous year compare
  2. 172 Cuba 3.22 % change on previous year compare
  3. 173 Norway 2.91 % change on previous year compare
  4. 175 Eritrea 2.85 % change on previous year compare
  5. 176 Belgium 2.78 % change on previous year compare
  6. 177 Niger 2.74 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for China, Macao SAR

All data for China, Macao SAR →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, annual in China, Macao SAR?
Gross fixed capital formation — value standard local currency, annual in China, Macao SAR was 2.9 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, annual recorded in China, Macao SAR?
The highest recorded value was 85.15 % change on previous year in 2005.
What is the lowest gross fixed capital formation — value standard local currency, annual recorded in China, Macao SAR?
The lowest recorded value was -36.6 % change on previous year in 2009.
How does China, Macao SAR rank for gross fixed capital formation — value standard local currency, annual?
China, Macao SAR ranks 174th out of 230 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, annual rising or falling in China, Macao SAR?
Over the last ten years it is down 94.3%. The long-run trend across the full record is volatile.
Where does this China, Macao SAR data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in China, Macao SAR. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/china-macao-sar/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.