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China - Gross capital formation in % of GDP

36,062,683,461,000.0 (%) in 2017

In 2017, gross capital formation for China was 36,062,683 million %. Between 1998 and 2017, gross capital formation of China grew substantially from 3,039,663 million to 36,062,683 million % rising at an increasing annual rate that reached a maximum of 24.74% in 2007 and then decreased to 9.57% in 2017.

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What is gross capital formation?

Gross capital formation (also known as gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

What is China gross capital formation?

Date Value Change, %
2017 36,062,683,461,000.0 9.57 %
2016 32,913,800,000,000.0 5.21 %
2015 31,283,600,000,000.0 3.34 %
2014 30,271,749,572,182.0 7.32 %
2013 28,207,294,682,229.0 10.51 %
2012 25,524,002,095,688.0 9.39 %
2011 23,332,721,985,194.0 18.65 %
2010 19,665,306,552,526.0 21.30 %
2009 16,211,794,094,332.0 17.27 %
2008 13,824,279,287,659.0 23.38 %
2007 11,204,681,538,334.0 24.74 %
2006 8,982,334,928,965.0

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