Gross capital formation (constant LCU), per square kilometre in India

India: Gross capital formation (constant LCU), per square kilometre was 32.86 million constant LCU per square kilometre in 2023. ◆ Volatile

Latest (2023)
32.86 million constant LCU per square kilometre
Change on year
up 8.7%
World rank
29th
of 166 countries
All-time high
32.86 million constant LCU per square kilometre
in 2023
All-time low
582,650 constant LCU per square kilometre
in 1961
Years of data
63
1961–2023

Gross capital formation (constant LCU), per square kilometre in India, 1961–2023

010.0M20.0M30.0M196119922023

Source: Statizoid (derived). Measured in constant LCU per square kilometre.

Analysis

India recorded 32.86 million constant LCU per square kilometre for gross capital formation (constant lcu), per square kilometre in 2023. That is the highest value across all 63 years on record.

The figure is up 8.7% on the previous year and up 79.6% over ten years.

Over the whole period, gross capital formation (constant lcu), per square kilometre in India peaked at 32.86 million constant LCU per square kilometre in 2023 and was at its lowest, 582,650 constant LCU per square kilometre, in 1961.

That places India 29th out of 166 countries with data for 2023, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross capital formation (constant LCU), per square kilometre in India, year by year

Annual values for Gross capital formation (constant LCU), per square kilometre in India, 1961 to 2023.
Year constant LCU per square kilometre Change
1961 582,650 constant LCU per square kilometre
1962 665,370 constant LCU per square kilometre +14.2%
1963 714,707 constant LCU per square kilometre +7.4%
1964 789,065 constant LCU per square kilometre +10.4%
1965 870,990 constant LCU per square kilometre +10.4%
1966 912,306 constant LCU per square kilometre +4.7%
1967 874,404 constant LCU per square kilometre -4.2%
1968 856,373 constant LCU per square kilometre -2.1%
1969 950,905 constant LCU per square kilometre +11.0%
1970 949,330 constant LCU per square kilometre -0.2%
1971 1.03 million constant LCU per square kilometre +8.4%
1972 981,582 constant LCU per square kilometre -4.6%
1973 1.17 million constant LCU per square kilometre +19.4%
1974 1.11 million constant LCU per square kilometre -5.1%
1975 1.00 million constant LCU per square kilometre -10.1%
1976 1.18 million constant LCU per square kilometre +18.3%
1977 1.38 million constant LCU per square kilometre +16.6%
1978 1.64 million constant LCU per square kilometre +19.0%
1979 1.45 million constant LCU per square kilometre -11.6%
1980 1.58 million constant LCU per square kilometre +8.6%
1981 1.49 million constant LCU per square kilometre -5.5%
1982 1.53 million constant LCU per square kilometre +3.0%
1983 1.64 million constant LCU per square kilometre +6.8%
1984 1.72 million constant LCU per square kilometre +5.0%
1985 1.86 million constant LCU per square kilometre +8.0%
1986 1.92 million constant LCU per square kilometre +3.6%
1987 2.18 million constant LCU per square kilometre +13.2%
1988 2.44 million constant LCU per square kilometre +12.3%
1989 2.64 million constant LCU per square kilometre +8.1%
1990 3.14 million constant LCU per square kilometre +18.7%
1991 2.62 million constant LCU per square kilometre -16.5%
1992 2.96 million constant LCU per square kilometre +12.9%
1993 3.03 million constant LCU per square kilometre +2.3%
1994 3.62 million constant LCU per square kilometre +19.5%
1995 3.90 million constant LCU per square kilometre +7.8%
1996 3.93 million constant LCU per square kilometre +0.9%
1997 4.52 million constant LCU per square kilometre +14.9%
1998 4.69 million constant LCU per square kilometre +3.8%
1999 5.51 million constant LCU per square kilometre +17.6%
2000 5.21 million constant LCU per square kilometre -5.5%
2001 5.45 million constant LCU per square kilometre +4.6%
2002 5.86 million constant LCU per square kilometre +7.6%
2003 6.78 million constant LCU per square kilometre +15.7%
2004 8.65 million constant LCU per square kilometre +27.5%
2005 10.31 million constant LCU per square kilometre +19.3%
2006 11.36 million constant LCU per square kilometre +10.1%
2007 14.13 million constant LCU per square kilometre +24.4%
2008 13.03 million constant LCU per square kilometre -7.8%
2009 14.71 million constant LCU per square kilometre +12.8%
2010 17.67 million constant LCU per square kilometre +20.1%
2011 18.05 million constant LCU per square kilometre +2.2%
2012 19.31 million constant LCU per square kilometre +6.9%
2013 18.29 million constant LCU per square kilometre -5.2%
2014 19.42 million constant LCU per square kilometre +6.1%
2015 20.78 million constant LCU per square kilometre +7.0%
2016 22.82 million constant LCU per square kilometre +9.8%
2017 26.12 million constant LCU per square kilometre +14.5%
2018 27.72 million constant LCU per square kilometre +6.2%
2019 26.05 million constant LCU per square kilometre -6.0%
2020 23.30 million constant LCU per square kilometre -10.6%
2021 29.22 million constant LCU per square kilometre +25.4%
2022 30.23 million constant LCU per square kilometre +3.5%
2023 32.86 million constant LCU per square kilometre +8.7%

India compared with similar countries

  • India's 32.86 million constant LCU per square kilometre is above the median for lower middle income countries, which is 1.88 million constant LCU per square kilometre, 17.4× the median. (43 countries reporting)
  • India's 32.86 million constant LCU per square kilometre is below the median for South Asia, which is 37.20 million constant LCU per square kilometre, 88% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 801,863 constant LCU per square kilometre 582,650 constant LCU per square kilometre 950,905 constant LCU per square kilometre 9
1970s 1.19 million constant LCU per square kilometre 949,330 constant LCU per square kilometre 1.64 million constant LCU per square kilometre 10
1980s 1.90 million constant LCU per square kilometre 1.49 million constant LCU per square kilometre 2.64 million constant LCU per square kilometre 10
1990s 3.79 million constant LCU per square kilometre 2.62 million constant LCU per square kilometre 5.51 million constant LCU per square kilometre 10
2000s 9.55 million constant LCU per square kilometre 5.21 million constant LCU per square kilometre 14.71 million constant LCU per square kilometre 10
2010s 21.62 million constant LCU per square kilometre 17.67 million constant LCU per square kilometre 27.72 million constant LCU per square kilometre 10
2020s 28.90 million constant LCU per square kilometre 23.30 million constant LCU per square kilometre 32.86 million constant LCU per square kilometre 4

Countries ranked near India

  1. 26 Cote d'Ivoire 41.60 million constant LCU per square kilometre compare
  2. 27 Sri Lanka 41.53 million constant LCU per square kilometre compare
  3. 28 Senegal 37.48 million constant LCU per square kilometre compare
  4. 30 Dominican Republic 29.47 million constant LCU per square kilometre compare
  5. 31 Benin 25.58 million constant LCU per square kilometre compare
  6. 32 Togo 22.90 million constant LCU per square kilometre compare

See the full ranking of 166 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross capital formation (constant lcu), per square kilometre in India?
Gross capital formation (constant lcu), per square kilometre in India was 32.86 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
What is the highest gross capital formation (constant lcu), per square kilometre recorded in India?
The highest recorded value was 32.86 million constant LCU per square kilometre in 2023.
What is the lowest gross capital formation (constant lcu), per square kilometre recorded in India?
The lowest recorded value was 582,650 constant LCU per square kilometre in 1961.
How does India rank for gross capital formation (constant lcu), per square kilometre?
India ranks 29th out of 166 countries with data for 2023.
Is gross capital formation (constant lcu), per square kilometre rising or falling in India?
Over the last ten years it is up 79.6%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.

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Gross capital formation (constant LCU), per square kilometre in India. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/gross-capital-formation-constant-lcu-per-square-kilometre/india/

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How this figure is calculated

Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross capital formation (constant LCU) ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross capital formation (constant LCU), per square kilometre
Unit
constant LCU per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
166 places, 6,614 data points, 1961–2023
Last refreshed

Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.