China | Gross capital formation (current 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 current local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source
China | Gross capital formation (current LCU)
58193387760 1960
28102925930 1961
18289913990 1962
27165333630 1963
35788307220 1964
46993882630 1965
57519319890 1966
42814267800 1967
43489799040 1968
49072135460 1969
74932546060 1970
82644779800 1971
79758199860 1972
90833391620 1973
93897156030 1974
106491066570 1975
99280576550 1976
110106619870 1977
138333244300 1978
148833769680 1979
158754128950 1980
162629520040 1981
171840287720 1982
192223197290 1983
250223308470 1984
355442278350 1985
391461196560 1986
454366584180 1987
593223839400 1988
639235629200 1989
644656600850 1990
775398247500 1991
1062541121800 1992
1544049771900 1993
1947943770600 1994
2382301512300 1995
2696007207700 1996
2831713193200 1997
2965969320000 1998
3089124495500 1999
3366707972500 2000
3940252410400 2001
4400504031700 2002
5444678969100 2003
6772557138200 2004
7557596478100 2005
8757863853100 2006
10933928812000 2007
13494159098000 2008
15807452976000 2009
19186687830000 2010
22767347911000 2011
24896001393000 2012
27512870846000 2013
29490605299000 2014
29782651871000 2015
31819849121000 2016
35788609691000 2017
40258515302000 2018
42667873233000 2019
43955030000000 2020
49578426965000 2021
52389035645300 2022
China | Gross capital formation (current 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 current local currency.
Publisher
The World Bank
Origin
People's Republic of China
Records
63
Source