India vs World: Gross fixed capital formation
Gross fixed capital formation over time
- India
- World
How they compare
World currently reports 23.95 trillion constant 2015 US$ against 1.15 trillion constant 2015 US$ in India, a difference of 22.80 trillion constant 2015 US$.
That makes World's figure about 20.8 times India's.
Across all 38 years both countries report, World has been ahead every year.
India ranks 3rd and World ranks 1st of 160 countries.
World has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | India | World | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 79.08 billion constant 2015 US$ | 9.83 trillion constant 2015 US$ | 9.76 trillion constant 2015 US$ | World |
| 1990s | 119.48 billion constant 2015 US$ | 11.25 trillion constant 2015 US$ | 11.13 trillion constant 2015 US$ | World |
| 2000s | 283.38 billion constant 2015 US$ | 15.07 trillion constant 2015 US$ | 14.78 trillion constant 2015 US$ | World |
| 2010s | 619.40 billion constant 2015 US$ | 18.86 trillion constant 2015 US$ | 18.24 trillion constant 2015 US$ | World |
| 2020s | 926.21 billion constant 2015 US$ | 22.55 trillion constant 2015 US$ | 21.63 trillion constant 2015 US$ | World |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, India or World?
- World, at 23.95 trillion constant 2015 US$ against 1.15 trillion constant 2015 US$ in India as of 2024.
- What is the difference in gross fixed capital formation between India and World?
- 22.80 trillion constant 2015 US$, with World ahead.
- How many years of comparable data are there for India and World?
- 38 years are reported by both, from 1987 to 2024.
- How do India and World rank globally for gross fixed capital formation?
- India ranks 3rd and World ranks 1st of 160 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.