India vs Lower middle income: Gross fixed capital formation, private sector
Gross fixed capital formation, private sector over time
- India
- Lower middle income
How they compare
India currently reports 27.7% against 22.3% in Lower middle income, a difference of 5.4%.
That makes India's figure about 1.2 times Lower middle income's.
Across all 14 years both countries report, India has been ahead every year.
India ranks 9th and Lower middle income ranks 10th of 106 countries.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Lower middle income | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 26.5% | 22.2% | 4.4% | India |
| 2020s | 26.4% | 21.7% | 4.7% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation, private sector, India or Lower middle income?
- India, at 27.7% against 22.3% in Lower middle income as of 2023.
- What is the difference in gross fixed capital formation, private sector between India and Lower middle income?
- 5.4%, with India ahead.
- How many years of comparable data are there for India and Lower middle income?
- 14 years are reported by both, from 2010 to 2023.
- How do India and Lower middle income rank globally for gross fixed capital formation, private sector?
- India ranks 9th and Lower middle income ranks 10th of 106 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross fixed capital formation, private sector (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.