Hubei - Capital Formation Rate as a Share of GDP

58.78 (% of GDP) in 2017

In 2017, capital formation rate for Hubei was 58.78 % of GDP. Capital formation rate of Hubei increased from 41.49 % of GDP in 2003 to 58.78 % of GDP in 2017 growing at an average annual rate of 2.55%.

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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 Hubei capital formation rate?