China | Gross capital formation (constant LCU)
Gross capital formation (formerly 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. Data are in constant local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source
China | Gross capital formation (constant LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
2942794498300 1995
3325863482100 1996
3493949616400 1997
3791594731700 1998
4031521183200 1999
4324902012500 2000
5237860305900 2001
5920089956900 2002
7328517486400 2003
8735958813800 2004
9668496681600 2005
11156161497000 2006
13109663917000 2007
14931668509000 2008
18047434465000 2009
20913249764000 2010
22759249432000 2011
24466812279000 2012
26759067362000 2013
28758766101000 2014
29782651871000 2015
31938787702000 2016
33957085230000 2017
36252443564000 2018
37696731206000 2019
39321334463000 2020
40845040702200 2021
42322368105300 2022
China | Gross capital formation (constant LCU)
Gross capital formation (formerly 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. Data are in constant local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source