Gross Fixed Capital Formation — Value US$ in China, Macao SAR
China, Macao SAR: Gross Fixed Capital Formation — Value US$ was 6,904 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in China, Macao SAR, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in China, Macao SAR stood at 6,904 million USD.
Compared with earlier readings it is up 3.3% on the previous year and down 33.7% over ten years.
Over the whole period, gross fixed capital formation — value us$ in China, Macao SAR peaked at 11,172 million USD in 2015 and was at its lowest, 33.58 million USD, in 1970.
China, Macao SAR ranks 123rd of 235 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 US$ in China, Macao SAR, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 33.58 million USD | — |
| 1971 | 40.21 million USD | +19.7% |
| 1972 | 49.24 million USD | +22.5% |
| 1973 | 67.19 million USD | +36.5% |
| 1974 | 77.3 million USD | +15.1% |
| 1975 | 89.42 million USD | +15.7% |
| 1976 | 89.05 million USD | -0.4% |
| 1977 | 113.81 million USD | +27.8% |
| 1978 | 148.48 million USD | +30.5% |
| 1979 | 170.28 million USD | +14.7% |
| 1980 | 202.05 million USD | +18.7% |
| 1981 | 211.78 million USD | +4.8% |
| 1982 | 232.9 million USD | +10.0% |
| 1983 | 219.72 million USD | -5.7% |
| 1984 | 251.39 million USD | +14.4% |
| 1985 | 269.79 million USD | +7.3% |
| 1986 | 352.3 million USD | +30.6% |
| 1987 | 431.47 million USD | +22.5% |
| 1988 | 513.64 million USD | +19.0% |
| 1989 | 618.01 million USD | +20.3% |
| 1990 | 723.98 million USD | +17.1% |
| 1991 | 993.1 million USD | +37.2% |
| 1992 | 1,530 million USD | +54.1% |
| 1993 | 1,759 million USD | +15.0% |
| 1994 | 1,945 million USD | +10.6% |
| 1995 | 1,823 million USD | -6.3% |
| 1996 | 1,340 million USD | -26.5% |
| 1997 | 1,344 million USD | +0.3% |
| 1998 | 1,097 million USD | -18.4% |
| 1999 | 1,026 million USD | -6.4% |
| 2000 | 693.88 million USD | -32.4% |
| 2001 | 631.61 million USD | -9.0% |
| 2002 | 699.08 million USD | +10.7% |
| 2003 | 1,085 million USD | +55.2% |
| 2004 | 1,631 million USD | +50.4% |
| 2005 | 3,025 million USD | +85.4% |
| 2006 | 4,856 million USD | +60.5% |
| 2007 | 6,628 million USD | +36.5% |
| 2008 | 6,230 million USD | -6.0% |
| 2009 | 3,967 million USD | -36.3% |
| 2010 | 3,524 million USD | -11.2% |
| 2011 | 4,541 million USD | +28.9% |
| 2012 | 5,838 million USD | +28.6% |
| 2013 | 6,879 million USD | +17.8% |
| 2014 | 10,416 million USD | +51.4% |
| 2015 | 11,172 million USD | +7.3% |
| 2016 | 9,866 million USD | -11.7% |
| 2017 | 9,988 million USD | +1.2% |
| 2018 | 9,248 million USD | -7.4% |
| 2019 | 7,625 million USD | -17.5% |
| 2020 | 6,716 million USD | -11.9% |
| 2021 | 6,895 million USD | +2.7% |
| 2022 | 5,585 million USD | -19.0% |
| 2023 | 6,687 million USD | +19.7% |
| 2024 | 6,904 million USD | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 87.86 million USD | 33.58 million USD | 170.28 million USD | 10 |
| 1980s | 330.3 million USD | 202.05 million USD | 618.01 million USD | 10 |
| 1990s | 1,358 million USD | 723.98 million USD | 1,945 million USD | 10 |
| 2000s | 2,945 million USD | 631.61 million USD | 6,628 million USD | 10 |
| 2010s | 7,910 million USD | 3,524 million USD | 11,172 million USD | 10 |
| 2020s | 6,557 million USD | 5,585 million USD | 6,904 million USD | 5 |
Countries ranked near China, Macao SAR
More economy & growth data for China, Macao SAR
- Gross Fixed Capital Formation — Value US$, annual growth rate 3.25 % change on previous year (2024)
- Gross Domestic Product — Value US$ 50,187 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency 55,484 million SLC (2024)
- Gross Domestic Product — Value Standard Local Currency 403,314 million SLC (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.61 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 4.61 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 8.81 % change on previous year (2024)
- Gross Domestic Product — Value Standard Local Currency, 2015 prices 8.81 % change on previous year (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 47,817 million SLC (2024)
- Gross Domestic Product — Value US$ per capita 69,679 USD (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in China, Macao SAR?
- Gross fixed capital formation — value us$ in China, Macao SAR was 6,904 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in China, Macao SAR?
- The highest recorded value was 11,172 million USD in 2015.
- What is the lowest gross fixed capital formation — value us$ recorded in China, Macao SAR?
- The lowest recorded value was 33.58 million USD in 1970.
- How does China, Macao SAR rank for gross fixed capital formation — value us$?
- China, Macao SAR ranks 123rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in China, Macao SAR?
- Over the last ten years it is down 33.7%. The long-run trend across the full record is volatile.
- Where does this China, Macao 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 US$. 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).