Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in China, mainland
China, mainland: Gross Fixed Capital Formation — Value US$, 2015 prices was 7.21 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in China, mainland, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in China, mainland stood at 7.21 million million USD. That is the highest value across all 55 years on record.
The figure is up 4.1% on the previous year and up 65.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in China, mainland peaked at 7.21 million million USD in 2024 and was at its lowest, 60,867 million USD, in 1970.
China, mainland ranks 1st of 235 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in China, mainland, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 60,867 million USD | — |
| 1971 | 66,527 million USD | +9.3% |
| 1972 | 67,791 million USD | +1.9% |
| 1973 | 72,333 million USD | +6.7% |
| 1974 | 81,303 million USD | +12.4% |
| 1975 | 94,555 million USD | +16.3% |
| 1976 | 92,286 million USD | -2.4% |
| 1977 | 95,793 million USD | +3.8% |
| 1978 | 112,269 million USD | +17.2% |
| 1979 | 116,641 million USD | +3.9% |
| 1980 | 132,298 million USD | +13.4% |
| 1981 | 130,601 million USD | -1.3% |
| 1982 | 144,393 million USD | +10.6% |
| 1983 | 158,443 million USD | +9.7% |
| 1984 | 179,669 million USD | +13.4% |
| 1985 | 212,133 million USD | +18.1% |
| 1986 | 230,394 million USD | +8.6% |
| 1987 | 247,711 million USD | +7.5% |
| 1988 | 279,829 million USD | +13.0% |
| 1989 | 242,426 million USD | -13.4% |
| 1990 | 228,380 million USD | -5.8% |
| 1991 | 261,233 million USD | +14.4% |
| 1992 | 338,010 million USD | +29.4% |
| 1993 | 449,876 million USD | +33.1% |
| 1994 | 503,272 million USD | +11.9% |
| 1995 | 552,108 million USD | +9.7% |
| 1996 | 606,841 million USD | +9.9% |
| 1997 | 650,445 million USD | +7.2% |
| 1998 | 746,338 million USD | +14.7% |
| 1999 | 788,711 million USD | +5.7% |
| 2000 | 845,042 million USD | +7.1% |
| 2001 | 947,592 million USD | +12.1% |
| 2002 | 1.07 million million USD | +13.2% |
| 2003 | 1.27 million million USD | +18.5% |
| 2004 | 1.44 million million USD | +13.1% |
| 2005 | 1.62 million million USD | +12.7% |
| 2006 | 1.82 million million USD | +12.5% |
| 2007 | 2.03 million million USD | +11.2% |
| 2008 | 2.25 million million USD | +11.0% |
| 2009 | 2.80 million million USD | +24.3% |
| 2010 | 3.15 million million USD | +12.6% |
| 2011 | 3.43 million million USD | +8.8% |
| 2012 | 3.74 million million USD | +9.0% |
| 2013 | 4.09 million million USD | +9.3% |
| 2014 | 4.36 million million USD | +6.8% |
| 2015 | 4.66 million million USD | +6.7% |
| 2016 | 5.00 million million USD | +7.4% |
| 2017 | 5.31 million million USD | +6.2% |
| 2018 | 5.70 million million USD | +7.3% |
| 2019 | 6.00 million million USD | +5.3% |
| 2020 | 6.20 million million USD | +3.4% |
| 2021 | 6.40 million million USD | +3.2% |
| 2022 | 6.61 million million USD | +3.2% |
| 2023 | 6.93 million million USD | +4.9% |
| 2024 | 7.21 million million USD | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 86,036 million USD | 60,867 million USD | 116,641 million USD | 10 |
| 1980s | 195,790 million USD | 130,601 million USD | 279,829 million USD | 10 |
| 1990s | 512,521 million USD | 228,380 million USD | 788,711 million USD | 10 |
| 2000s | 1.61 million million USD | 845,042 million USD | 2.80 million million USD | 10 |
| 2010s | 4.54 million million USD | 3.15 million million USD | 6.00 million million USD | 10 |
| 2020s | 6.67 million million USD | 6.20 million million USD | 7.21 million million USD | 5 |
Countries ranked near China, mainland
More economy & growth data for China, mainland
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.05 % change on previous year (2024)
- GDP Deflator — Value US$, 2015 prices, annual growth rate 3.09 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 3.45 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 1.81 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, annual growth 8.98 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate 7.26 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 4.05 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency 137.38 million million SLC (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.06 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.06 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in China, mainland?
- Gross fixed capital formation — value us$, 2015 prices in China, mainland was 7.21 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in China, mainland?
- The highest recorded value was 7.21 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in China, mainland?
- The lowest recorded value was 60,867 million USD in 1970.
- How does China, mainland rank for gross fixed capital formation — value us$, 2015 prices?
- China, mainland ranks 1st out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in China, mainland?
- Over the last ten years it is up 65.2%. The long-run trend across the full record is volatile.
- Where does this China, mainland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).