Annual growth of the gross capital formation (%) in India
India: Annual growth of the gross capital formation (%) was 6.7% in 2024. ◆ Volatile
Annual growth of the gross capital formation in India, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in India stood at 6.7%.
Compared with earlier readings it is down 36.6% on the previous year and down 13.3% over ten years.
Over the whole period, annual growth of the gross capital formation in India peaked at 25.1% in 2004 and was at its lowest, -7.4%, in 2020.
India ranks 57th of 175 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation (%) in India, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -5.5% | — |
| 2001 | 4.6% | -182.6% |
| 2002 | 7.6% | +65.6% |
| 2003 | 15.7% | +107.7% |
| 2004 | 25.1% | +60.0% |
| 2005 | 16.5% | -34.4% |
| 2006 | 15.6% | -5.6% |
| 2007 | 17.4% | +12.0% |
| 2008 | -2.6% | -114.9% |
| 2009 | 13.6% | -623.8% |
| 2010 | 15.4% | +13.4% |
| 2011 | 5.5% | -64.5% |
| 2012 | 4.3% | -21.6% |
| 2013 | -3.7% | -186.3% |
| 2014 | 7.7% | -307.6% |
| 2015 | 4.7% | -38.5% |
| 2016 | 3.7% | -22.3% |
| 2017 | 10.8% | +194.9% |
| 2018 | 11.0% | +1.1% |
| 2019 | -2.6% | -123.6% |
| 2020 | -7.4% | +185.5% |
| 2021 | 21.1% | -385.7% |
| 2022 | 7.6% | -64.0% |
| 2023 | 10.5% | +38.6% |
| 2024 | 6.7% | -36.6% |
India compared with similar countries
- India's 6.7% is above the median for lower middle income countries, which is 2.8%, 2.3× the median. (38 countries reporting)
- India's 6.7% is above the median for South Asia, which is 5.0%, 1.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +623.8% | -2.6% | 13.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.8% | -5.5% | 25.1% | 10 |
| 2010s | 5.7% | -3.7% | 15.4% | 10 |
| 2020s | 7.7% | -7.4% | 21.1% | 5 |
Countries ranked near India
- 54 Lao People's Democratic Republic 7.0% compare
- 54 Laos 7.0% compare
- 56 Guatemala 6.9% compare
- 58 Uganda 6.7% compare
- 59 Kosovo 6.3% compare
- 60 United Kingdom of Great Britain and Northern Ireland 6.2% compare
- 60 United Kingdom 6.2% compare
More economy & growth data for India
- Real gdp growth, annual growth rate 7.31 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 5.66 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in India?
- Annual growth of the gross capital formation in India was 6.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in India?
- The highest recorded value was 25.1% in 2004.
- What is the lowest annual growth of the gross capital formation recorded in India?
- The lowest recorded value was -7.4% in 2020.
- How does India rank for annual growth of the gross capital formation?
- India ranks 57th out of 175 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in India?
- Over the last ten years it is down 13.3%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
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