Gross Fixed Capital Formation — Value US$, annual growth rate in China, Hong Kong SAR

China, Hong Kong SAR: Gross Fixed Capital Formation — Value US$, annual growth rate was 2.21 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.21 % change on previous year
Change on year
down 79.5%
World rank
162nd
of 235 countries
All-time high
42.96 % change on previous year
in 1977
All-time low
-24.49 % change on previous year
in 1983
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in China, Hong Kong SAR, 1971–2024

-2002040197119972024

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

Analysis

China, Hong Kong SAR recorded 2.21 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.

That represents a change of down 79.5% on the previous year and down 26.8% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in China, Hong Kong SAR peaked at 42.96 % change on previous year in 1977 and was at its lowest, -24.49 % change on previous year, in 1983.

That places China, Hong Kong SAR 162nd out of 235 countries with data for 2024, putting it 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 US$, annual growth rate in China, Hong Kong SAR, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in China, Hong Kong SAR, 1971 to 2024.
Year % change on previous year Change
1971 40.46 % change on previous year
1972 23.01 % change on previous year -43.1%
1973 37.31 % change on previous year +62.1%
1974 20.07 % change on previous year -46.2%
1975 1.02 % change on previous year -94.9%
1976 23.33 % change on previous year +2178.0%
1977 42.96 % change on previous year +84.2%
1978 26.73 % change on previous year -37.8%
1979 39 % change on previous year +45.9%
1980 38.89 % change on previous year -0.3%
1981 8.99 % change on previous year -76.9%
1982 -3.64 % change on previous year -140.5%
1983 -24.49 % change on previous year +572.4%
1984 0.8161 % change on previous year -103.3%
1985 0.6241 % change on previous year -23.5%
1986 17.97 % change on previous year +2779.7%
1987 35.25 % change on previous year +96.1%
1988 26.55 % change on previous year -24.7%
1989 17.75 % change on previous year -33.1%
1990 13.29 % change on previous year -25.2%
1991 16.14 % change on previous year +21.5%
1992 20.93 % change on previous year +29.6%
1993 14.74 % change on previous year -29.5%
1994 22.67 % change on previous year +53.7%
1995 9.62 % change on previous year -57.6%
1996 13.34 % change on previous year +38.6%
1997 19.25 % change on previous year +44.4%
1998 -13.65 % change on previous year -170.9%
1999 -16.13 % change on previous year +18.2%
2000 6.37 % change on previous year -139.5%
2001 -3.95 % change on previous year -162.0%
2002 -13.43 % change on previous year +239.7%
2003 -7.63 % change on previous year -43.2%
2004 5.58 % change on previous year -173.1%
2005 5.29 % change on previous year -5.2%
2006 11.72 % change on previous year +121.5%
2007 0.5156 % change on previous year -95.6%
2008 3.26 % change on previous year +532.3%
2009 -2.77 % change on previous year -184.9%
2010 13.67 % change on previous year -594.2%
2011 17.47 % change on previous year +27.7%
2012 14.05 % change on previous year -19.6%
2013 -0.361 % change on previous year -102.6%
2014 3.01 % change on previous year -934.6%
2015 1.22 % change on previous year -59.7%
2016 -0.505 % change on previous year -141.6%
2017 7.19 % change on previous year -1523.2%
2018 5.72 % change on previous year -20.5%
2019 -14.97 % change on previous year -361.9%
2020 -11.58 % change on previous year -22.7%
2021 5.79 % change on previous year -150.0%
2022 -7.25 % change on previous year -225.3%
2023 10.79 % change on previous year -248.8%
2024 2.21 % change on previous year -79.5%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate in China, Hong Kong 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
1986 +2779.7% 0.6241 % change on previous year 17.97 % change on previous year
1976 +2178.0% 1.02 % change on previous year 23.33 % change on previous year
2017 +1523.2% -0.505 % change on previous year 7.19 % change on previous year
2014 +934.6% -0.361 % change on previous year 3.01 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 28.21 % change on previous year 1.02 % change on previous year 42.96 % change on previous year 9
1980s 11.87 % change on previous year -24.49 % change on previous year 38.89 % change on previous year 10
1990s 10.02 % change on previous year -16.13 % change on previous year 22.67 % change on previous year 10
2000s 0.4962 % change on previous year -13.43 % change on previous year 11.72 % change on previous year 10
2010s 4.65 % change on previous year -14.97 % change on previous year 17.47 % change on previous year 10
2020s -0.0089 % change on previous year -11.58 % change on previous year 10.79 % change on previous year 5

Countries ranked near China, Hong Kong SAR

  1. 159 Montserrat 2.42 % change on previous year compare
  2. 160 Canada 2.26 % change on previous year compare
  3. 161 South Africa 2.22 % change on previous year compare
  4. 163 Slovakia 2.12 % change on previous year compare
  5. 164 Melanesia 2.11 % change on previous year compare
  6. 165 Greenland 1.94 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for China, Hong Kong SAR

All data for China, Hong Kong SAR →

Frequently asked questions

What is gross fixed capital formation — value us$, annual growth rate in China, Hong Kong SAR?
Gross fixed capital formation — value us$, annual growth rate in China, Hong Kong SAR was 2.21 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, annual growth rate recorded in China, Hong Kong SAR?
The highest recorded value was 42.96 % change on previous year in 1977.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in China, Hong Kong SAR?
The lowest recorded value was -24.49 % change on previous year in 1983.
How does China, Hong Kong SAR rank for gross fixed capital formation — value us$, annual growth rate?
China, Hong Kong SAR ranks 162nd out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate rising or falling in China, Hong Kong SAR?
Over the last ten years it is down 26.8%. The long-run trend across the full record is volatile.
Where does this China, Hong Kong SAR data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, annual growth rate in China, Hong Kong SAR. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-annual-growth-rate/china-hong-kong-sar/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. 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 US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

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