Gross Fixed Capital Formation — Value Standard Local Currency in China, Hong Kong SAR
China, Hong Kong SAR: Gross Fixed Capital Formation — Value Standard Local Currency was 509,321 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in China, Hong Kong SAR, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in China, Hong Kong SAR is 509,321 million SLC, measured in 2024.
That represents a change of up 1.9% on the previous year and down 4.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in China, Hong Kong SAR peaked at 612,439 million SLC in 2018 and was at its lowest, 4,544 million SLC, in 1970.
China, Hong Kong SAR ranks 75th of 202 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in China, Hong Kong SAR, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,544 million SLC | — |
| 1971 | 6,298 million SLC | +38.6% |
| 1972 | 7,308 million SLC | +16.0% |
| 1973 | 9,154 million SLC | +25.3% |
| 1974 | 10,746 million SLC | +17.4% |
| 1975 | 10,648 million SLC | -0.9% |
| 1976 | 13,051 million SLC | +22.6% |
| 1977 | 17,734 million SLC | +35.9% |
| 1978 | 22,578 million SLC | +27.3% |
| 1979 | 33,521 million SLC | +48.5% |
| 1980 | 46,311 million SLC | +38.2% |
| 1981 | 56,694 million SLC | +22.4% |
| 1982 | 59,326 million SLC | +4.6% |
| 1983 | 53,619 million SLC | -9.6% |
| 1984 | 58,170 million SLC | +8.5% |
| 1985 | 58,329 million SLC | +0.3% |
| 1986 | 68,924 million SLC | +18.2% |
| 1987 | 93,162 million SLC | +35.2% |
| 1988 | 118,010 million SLC | +26.7% |
| 1989 | 138,851 million SLC | +17.7% |
| 1990 | 157,093 million SLC | +13.1% |
| 1991 | 182,016 million SLC | +15.9% |
| 1992 | 219,237 million SLC | +20.4% |
| 1993 | 251,400 million SLC | +14.7% |
| 1994 | 308,097 million SLC | +22.6% |
| 1995 | 338,059 million SLC | +9.7% |
| 1996 | 383,068 million SLC | +13.3% |
| 1997 | 457,284 million SLC | +19.4% |
| 1998 | 395,043 million SLC | -13.6% |
| 1999 | 331,835 million SLC | -16.0% |
| 2000 | 354,516 million SLC | +6.8% |
| 2001 | 340,835 million SLC | -3.9% |
| 2002 | 295,076 million SLC | -13.4% |
| 2003 | 272,127 million SLC | -7.8% |
| 2004 | 287,360 million SLC | +5.6% |
| 2005 | 302,152 million SLC | +5.1% |
| 2006 | 337,153 million SLC | +11.6% |
| 2007 | 340,356 million SLC | +1.0% |
| 2008 | 350,796 million SLC | +3.1% |
| 2009 | 339,552 million SLC | -3.2% |
| 2010 | 386,852 million SLC | +13.9% |
| 2011 | 455,294 million SLC | +17.7% |
| 2012 | 517,411 million SLC | +13.6% |
| 2013 | 515,516 million SLC | -0.4% |
| 2014 | 530,916 million SLC | +3.0% |
| 2015 | 537,205 million SLC | +1.2% |
| 2016 | 535,216 million SLC | -0.4% |
| 2017 | 575,977 million SLC | +7.6% |
| 2018 | 612,439 million SLC | +6.3% |
| 2019 | 520,575 million SLC | -15.0% |
| 2020 | 455,695 million SLC | -12.5% |
| 2021 | 483,054 million SLC | +6.0% |
| 2022 | 451,397 million SLC | -6.6% |
| 2023 | 499,969 million SLC | +10.8% |
| 2024 | 509,321 million SLC | +1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13,558 million SLC | 4,544 million SLC | 33,521 million SLC | 10 |
| 1980s | 75,140 million SLC | 46,311 million SLC | 138,851 million SLC | 10 |
| 1990s | 302,313 million SLC | 157,093 million SLC | 457,284 million SLC | 10 |
| 2000s | 321,992 million SLC | 272,127 million SLC | 354,516 million SLC | 10 |
| 2010s | 518,740 million SLC | 386,852 million SLC | 612,439 million SLC | 10 |
| 2020s | 479,887 million SLC | 451,397 million SLC | 509,321 million SLC | 5 |
Countries ranked near China, Hong Kong SAR
More economy & growth data for China, Hong Kong SAR
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 18.59 % (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,410 USD (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 2.61 million million SLC (2024)
- Gross Domestic Product — Value US$ per capita 54,867 USD (2024)
- Gross Domestic Product — Value US$ 406,835 million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 62,580 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 16.04 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.21 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 2.42 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 1.87 % (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in China, Hong Kong SAR?
- Gross fixed capital formation — value standard local currency in China, Hong Kong SAR was 509,321 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in China, Hong Kong SAR?
- The highest recorded value was 612,439 million SLC in 2018.
- What is the lowest gross fixed capital formation — value standard local currency recorded in China, Hong Kong SAR?
- The lowest recorded value was 4,544 million SLC in 1970.
- How does China, Hong Kong SAR rank for gross fixed capital formation — value standard local currency?
- China, Hong Kong SAR ranks 75th out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in China, Hong Kong SAR?
- Over the last ten years it is down 4.1%. The long-run trend across the full record is volatile.
- Where does this China, Hong Kong SAR data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).