China: Capital investment, percent of GDP

* indicates monthly or quarterly data series
 China

Capital investment as percent of GDP

 Latest value 43.37
 Reference 2020
 Measure percent
 Source The World Bank

For that indicator, we provide data for China from 1960 to 2020. The average value for China during that period was 36.24 percent with a minimum of 15.74 percent in 1962 and a maximum of 46.66 percent in 2011. The latest value from 2020 is 43.37 percent. For comparison, the world average in 2020 based on 160 countries is 23.59 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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The capital investment in China and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.

Definition: 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.
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