Ningxia - Capital Formation Rate as a Share of GDP

110.55 (% of GDP) in 2017

Ningxia capital formation rate was at level of 110.55 % of GDP in 2017, down from 120.81 % of GDP previous year.

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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 Ningxia capital formation rate?