Gross capital formation reached 5,335,664 USD bil in 2017 in China, according to the National Statistical Office. This is 7.71 % more than in the previous year.
Historically, gross capital formation in China reached an all time high of 5,335,664 USD bil in 2017 and an all time low of 7,235 USD bil in 1962. When compared to China's main peers, gross capital formation in India amounted to 820,168 USD bil, 1,167,243 USD bil in Japan, 381,523 USD bil in Russia and 4,011,154 USD bil in USA in 2017.
China has been ranked 2nd within the group of 158 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.