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China - Gross fixed capital formation in current prices

4,760,264,423,333 (US dollars) in 2016

In 2016, gross fixed capital formation for China was 4,760,264 million US dollars. Between 1997 and 2016, gross fixed capital formation of China grew substantially from 305,955 million to 4,760,264 million US dollars rising at an increasing annual rate that reached a maximum of 33.40 % in 2008 and then decreased to -1.68 % in 2016.

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What is gross fixed capital formation?

Gross fixed capital formation is measured by the total value of a producer’s acquisitions, less disposals, of fixed assets during the accounting period plus certain additions to the value of non- produced assets (such as subsoil assets or major improvements in the quantity, quality or productivity of land) realised by the productive activity of institutional units.

What is China gross fixed capital formation?

Date Value Change, %
2016 4,760,264,423,333 -1.68 %
2015 4,841,486,124,382 2.54 %
2014 4,721,350,899,634 7.97 %
2013 4,372,735,881,404 12.85 %
2012 3,874,965,694,460 13.98 %
2011 3,399,710,002,832 23.86 %
2010 2,744,755,198,477 19.63 %
2009 2,294,319,491,119 24.55 %
2008 1,842,110,575,802 33.40 %
2007 1,380,896,834,960 26.23 %
2006 1,093,923,694,813 18.24 %
2005 925,148,572,536