Gross capital formation as a share of GDP reached 43.1 % in 2019 in China, according to the National Statistical Office. This is 2.00 % less than in the previous year.
Historically, gross capital formation as a share of GDP in China reached an all time high of 47.0 % in 2011 and an all time low of 15.7 % in 1962. When compared to China's main peers, gross capital formation as a share of GDP in India amounted to 29.7 %, 24.6 % in Japan, 23.1 % in Russia and 21.0 % in USA in 2019.
China has been ranked 6th within the group of 169 countries we follow in terms of gross capital formation as a share of GDP, 2 places above the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.