India vs OECD members: Gross capital formation
Gross capital formation over time
- India
- OECD members
How they compare
OECD members currently reports 15.34 trillion current US$ against 1.37 trillion current US$ in India, a difference of 13.97 trillion current US$.
That makes OECD members's figure about 11.2 times India's.
Across all 55 years both countries report, OECD members has been ahead every year.
India ranks 3rd and OECD members ranks 3rd of 186 countries.
OECD members has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | India | OECD members | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 20.87 billion current US$ | 1.25 trillion current US$ | 1.23 trillion current US$ | OECD members |
| 1980s | 58.76 billion current US$ | 2.94 trillion current US$ | 2.88 trillion current US$ | OECD members |
| 1990s | 93.29 billion current US$ | 5.81 trillion current US$ | 5.72 trillion current US$ | OECD members |
| 2000s | 302.91 billion current US$ | 8.37 trillion current US$ | 8.07 trillion current US$ | OECD members |
| 2010s | 733.69 billion current US$ | 11.06 trillion current US$ | 10.33 trillion current US$ | OECD members |
| 2020s | 1.08 trillion current US$ | 14.16 trillion current US$ | 13.08 trillion current US$ | OECD members |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross capital formation, India or OECD members?
- OECD members, at 15.34 trillion current US$ against 1.37 trillion current US$ in India as of 2024.
- What is the difference in gross capital formation between India and OECD members?
- 13.97 trillion current US$, with OECD members ahead.
- How many years of comparable data are there for India and OECD members?
- 55 years are reported by both, from 1970 to 2024.
- How do India and OECD members rank globally for gross capital formation?
- India ranks 3rd and OECD members ranks 3rd of 186 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross capital formation (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.