Gross capital formation fell 3.14% to USD 7,514,545 bil in China in 2023, according to the National Statistical Office.
Historically, gross capital formation in China reached an all time high of USD 7,768,897 bil in 2021 and an all time low of USD 7,429 bil in 1962. When compared to China's main peers, gross capital formation in India amounted to USD 1,213,884 bil, USD 1,103,098 bil in Japan, USD 559,464 bil in Russia and USD 5,971,327 bil in USA in 2023.
China has been ranked 1st within the group of 153 countries we follow in terms of gross capital formation.
Gross Capital Formation (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bangladesh | USD bil | 102,266 | 113,145 | 117,085 | 129,122 | 147,460 | ||||||||||||||||
Canada | USD bil | 403,336 | 401,797 | 375,422 | 491,540 | 554,583 | ||||||||||||||||
China | USD bil | 6,127,939 | 6,212,756 | 6,384,329 | 7,768,897 | 7,758,145 | ... | |||||||||||||||
Germany | USD bil | 869,988 | 842,888 | 853,700 | 976,688 | 958,504 | ||||||||||||||||
India | USD bil | 874,214 | 853,410 | 773,631 | 1,017,195 | 1,124,936 | ||||||||||||||||
Japan | USD bil | 1,292,568 | 1,319,915 | 1,274,839 | 1,301,346 | 1,141,299 | ... | |||||||||||||||
Mexico | USD bil | 294,948 | 288,841 | 226,866 | 285,794 | 334,020 | ||||||||||||||||
Pakistan | USD bil | 60,785 | 49,740 | 44,510 | 50,656 | 58,335 | ||||||||||||||||
Russia | USD bil | 363,255 | 383,685 | 350,213 | 420,884 | 531,720 | ||||||||||||||||
South Korea | USD bil | 543,272 | 520,115 | 524,282 | 587,848 | 555,428 | ... | |||||||||||||||
Sri Lanka | USD bil | 35,945 | 30,356 | 27,722 | 32,530 | 20,220 | ||||||||||||||||
USA | USD bil | 4,455,419 | 4,667,673 | 4,573,797 | 5,051,971 | 5,708,454 |