Hebei - Capital Formation Rate as a Share of GDP

56.10 (% of GDP) in 2017

In 2017, capital formation rate for Hebei was 56.1 % of GDP. Capital formation rate of Hebei increased from 41.33 % of GDP in 2003 to 56.1 % of GDP in 2017 growing at an average annual rate of 2.25%.

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What is capital formation rate?

Capital Formation refers to the fixed assets acquired minus those disposed of and the change in inventory, including the total fixed assets formation and the increase in inventory. Capital Formation Rate counts as a share of GDP in %.

What is Hebei capital formation rate?