NAAG Chapter 3B: Gross fixed capital formation by asset type in China

China: NAAG Chapter 3B: Gross fixed capital formation by asset type was 39.87 Percentage of GDP in 2024. ▲ Rising

Latest (2024)
39.87 Percentage of GDP
Change on year
down 1.4%
World rank
1st
of 36 countries
All-time high
44.08 Percentage of GDP
in 2013
All-time low
23.94 Percentage of GDP
in 1990
Years of data
55
1970–2024

NAAG Chapter 3B: Gross fixed capital formation by asset type in China, 1970–2024

010203040197019972024

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

China recorded 39.87 Percentage of GDP for naag chapter 3b: gross fixed capital formation by asset type in 2024.

The figure is down 1.4% on the previous year and down 8.1% over ten years.

Over the whole period, naag chapter 3b: gross fixed capital formation by asset type in China peaked at 44.08 Percentage of GDP in 2013 and was at its lowest, 23.94 Percentage of GDP, in 1990.

That places China 1st out of 36 countries with data for 2024, putting it in the top 10%.

The long-run direction has been consistently rising across the 55 years of available data.

NAAG Chapter 3B: Gross fixed capital formation by asset type in China, year by year

Annual values for NAAG Chapter 3B: Gross fixed capital formation by asset type in China, 1970 to 2024.
Year Percentage of GDP Change
1970 24.1 Percentage of GDP —
1971 24.8 Percentage of GDP +2.9%
1972 24.59 Percentage of GDP -0.9%
1973 24.24 Percentage of GDP -1.4%
1974 26.52 Percentage of GDP +9.4%
1975 29 Percentage of GDP +9.4%
1976 28.99 Percentage of GDP -0.0%
1977 28.08 Percentage of GDP -3.1%
1978 29.29 Percentage of GDP +4.3%
1979 28.3 Percentage of GDP -3.4%
1980 28.51 Percentage of GDP +0.7%
1981 27.21 Percentage of GDP -4.6%
1982 28.19 Percentage of GDP +3.6%
1983 28.12 Percentage of GDP -0.2%
1984 29.26 Percentage of GDP +4.1%
1985 30.37 Percentage of GDP +3.8%
1986 30.9 Percentage of GDP +1.7%
1987 30.5 Percentage of GDP -1.3%
1988 31 Percentage of GDP +1.6%
1989 25.56 Percentage of GDP -17.5%
1990 23.94 Percentage of GDP -6.3%
1991 26.03 Percentage of GDP +8.7%
1992 30.62 Percentage of GDP +17.6%
1993 37.31 Percentage of GDP +21.9%
1994 34.69 Percentage of GDP -7.0%
1995 32.63 Percentage of GDP -6.0%
1996 31.91 Percentage of GDP -2.2%
1997 31.25 Percentage of GDP -2.1%
1998 33.07 Percentage of GDP +5.8%
1999 32.67 Percentage of GDP -1.2%
2000 32.65 Percentage of GDP -0.1%
2001 33.46 Percentage of GDP +2.5%
2002 34.99 Percentage of GDP +4.6%
2003 38.08 Percentage of GDP +8.9%
2004 39.35 Percentage of GDP +3.3%
2005 39.27 Percentage of GDP -0.2%
2006 38.52 Percentage of GDP -1.9%
2007 37.67 Percentage of GDP -2.2%
2008 38.8 Percentage of GDP +3.0%
2009 43.41 Percentage of GDP +11.9%
2010 43.52 Percentage of GDP +0.3%
2011 43.52 Percentage of GDP -0.0%
2012 43.87 Percentage of GDP +0.8%
2013 44.08 Percentage of GDP +0.5%
2014 43.38 Percentage of GDP -1.6%
2015 41.62 Percentage of GDP -4.1%
2016 41.08 Percentage of GDP -1.3%
2017 41.42 Percentage of GDP +0.8%
2018 42.38 Percentage of GDP +2.3%
2019 42.25 Percentage of GDP -0.3%
2020 41.85 Percentage of GDP -0.9%
2021 41.35 Percentage of GDP -1.2%
2022 41.23 Percentage of GDP -0.3%
2023 40.45 Percentage of GDP -1.9%
2024 39.87 Percentage of GDP -1.4%

China compared with similar countries

  • China's 39.87 Percentage of GDP is above the median for upper middle income countries, which is 20.09 Percentage of GDP, 2.0× the median. (6 countries reporting)
  • China's 39.87 Percentage of GDP is above the median for East Asia & Pacific, which is 27.81 Percentage of GDP, 1.4× the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 26.79 Percentage of GDP 24.1 Percentage of GDP 29.29 Percentage of GDP 10
1980s 28.96 Percentage of GDP 25.56 Percentage of GDP 31 Percentage of GDP 10
1990s 31.41 Percentage of GDP 23.94 Percentage of GDP 37.31 Percentage of GDP 10
2000s 37.62 Percentage of GDP 32.65 Percentage of GDP 43.41 Percentage of GDP 10
2010s 42.71 Percentage of GDP 41.08 Percentage of GDP 44.08 Percentage of GDP 10
2020s 40.95 Percentage of GDP 39.87 Percentage of GDP 41.85 Percentage of GDP 5

Countries ranked near China

  1. 1 Türkiye 30.59 Percentage of GDP compare
  2. 2 Estonia 24.22 Percentage of GDP compare
  3. 2 India 30.43 Percentage of GDP compare
  4. 3 Latvia 23.47 Percentage of GDP compare
  5. 3 Indonesia 28.77 Percentage of GDP compare
  6. 4 Japan 27.81 Percentage of GDP compare
  7. 4 Lithuania 22.94 Percentage of GDP compare

See the full ranking of 47 places →

More reference data data for China

All data for China →

Frequently asked questions

What is naag chapter 3b: gross fixed capital formation by asset type in China?
Naag chapter 3b: gross fixed capital formation by asset type in China was 39.87 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest naag chapter 3b: gross fixed capital formation by asset type recorded in China?
The highest recorded value was 44.08 Percentage of GDP in 2013.
What is the lowest naag chapter 3b: gross fixed capital formation by asset type recorded in China?
The lowest recorded value was 23.94 Percentage of GDP in 1990.
How does China rank for naag chapter 3b: gross fixed capital formation by asset type?
China ranks 1st out of 36 countries with data for 2024.
Is naag chapter 3b: gross fixed capital formation by asset type rising or falling in China?
Over the last ten years it is down 8.1%. The long-run trend across the full record is rising.
Where does this China data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid updates them automatically from the source API.

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NAAG Chapter 3B: Gross fixed capital formation by asset type in China. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/naag-chapter-3b-gross-fixed-capital-formation-by-asset-type/china/

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About this data

Indicator
NAAG Chapter 3B: Gross fixed capital formation by asset type
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 2,254 data points, 1970–2025
Last refreshed

The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.