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Gross fixed capital formation in current prices

(US dollars)

China is the top country by gross fixed capital formation in the world. As of 2016, gross fixed capital formation in China was 4,760,264 million US dollars that accounts for 25.81 % of the world's gross fixed capital formation. The top 5 countries (others are the United States of America, Japan, Germany, and India) account for 58.96 % of it. The world's total gross fixed capital formation was estimated at 18,441,752 million US dollars 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.