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: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in India is 6.7%, measured in 2024.
That represents a change of 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 55th of 167 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% | +65.4% |
| 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% | -624.3% |
| 2010 | 15.4% | +13.4% |
| 2011 | 5.5% | -64.5% |
| 2012 | 4.3% | -21.6% |
| 2013 | -3.7% | -186.5% |
| 2014 | 7.7% | -307.3% |
| 2015 | 4.7% | -38.5% |
| 2016 | 3.7% | -22.4% |
| 2017 | 10.8% | +195.4% |
| 2018 | 10.9% | +1.0% |
| 2019 | -2.6% | -123.7% |
| 2020 | -7.4% | +185.3% |
| 2021 | 21.1% | -385.8% |
| 2022 | 7.6% | -64.1% |
| 2023 | 10.5% | +38.6% |
| 2024 | 6.7% | -36.6% |
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
- 52 Slovakia 7.1% compare
- 53 Lao People's Democratic Republic 7.0% compare
- 54 Guatemala 6.9% compare
- 56 Uganda 6.7% compare
- 57 United Kingdom of Great Britain and Northern Ireland 6.2% compare
- 58 Kazakhstan 5.6% compare
More economy & growth data for India
- 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1347 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 364.05 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 11.76 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 31,792 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1505 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 406.63 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 32,680 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.33 % 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 World Bank – processed by Our World in Data.
- 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 55th out of 167 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 World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).