Gross capital formation reached 6,204,444 USD bil in 2019 in China, according to the National Statistical Office. This is 1.96 % more than in the previous year.
Historically, gross capital formation in China reached an all time high of 6,204,444 USD bil in 2019 and an all time low of 7,429 USD bil in 1962. When compared to China's main peers, gross capital formation in India amounted to 851,146 USD bil, 392,779 USD bil in Russia and 4,504,040 USD bil in USA in 2019.
China has been ranked 2nd within the group of 145 countries we follow in terms of gross capital formation, 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.