Gross capital formation in India
India: Gross capital formation was 110.34 trillion constant LCU in 2025. ◆ Volatile
Gross capital formation in India, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gross capital formation in India stood at 110.34 trillion constant LCU. That is the highest value across all 66 years on record.
That represents a change of up 6.5% on the previous year and up 78.6% over ten years.
Over the whole period, gross capital formation in India peaked at 110.34 trillion constant LCU in 2025 and was at its lowest, 1.73 trillion constant LCU, in 1961.
India ranks 7th of 170 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in India, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 1.75 trillion constant LCU | — |
| 1961 | 1.73 trillion constant LCU | -1.0% |
| 1962 | 1.98 trillion constant LCU | +14.2% |
| 1963 | 2.12 trillion constant LCU | +7.4% |
| 1964 | 2.35 trillion constant LCU | +10.4% |
| 1965 | 2.59 trillion constant LCU | +10.4% |
| 1966 | 2.71 trillion constant LCU | +4.7% |
| 1967 | 2.60 trillion constant LCU | -4.2% |
| 1968 | 2.55 trillion constant LCU | -2.1% |
| 1969 | 2.83 trillion constant LCU | +11.0% |
| 1970 | 2.82 trillion constant LCU | -0.2% |
| 1971 | 3.06 trillion constant LCU | +8.4% |
| 1972 | 2.92 trillion constant LCU | -4.6% |
| 1973 | 3.49 trillion constant LCU | +19.4% |
| 1974 | 3.31 trillion constant LCU | -5.1% |
| 1975 | 2.97 trillion constant LCU | -10.1% |
| 1976 | 3.52 trillion constant LCU | +18.3% |
| 1977 | 4.10 trillion constant LCU | +16.6% |
| 1978 | 4.88 trillion constant LCU | +19.0% |
| 1979 | 4.31 trillion constant LCU | -11.6% |
| 1980 | 4.68 trillion constant LCU | +8.6% |
| 1981 | 4.43 trillion constant LCU | -5.5% |
| 1982 | 4.56 trillion constant LCU | +3.0% |
| 1983 | 4.87 trillion constant LCU | +6.8% |
| 1984 | 5.11 trillion constant LCU | +5.0% |
| 1985 | 5.52 trillion constant LCU | +8.0% |
| 1986 | 5.72 trillion constant LCU | +3.6% |
| 1987 | 6.47 trillion constant LCU | +13.2% |
| 1988 | 7.27 trillion constant LCU | +12.3% |
| 1989 | 7.86 trillion constant LCU | +8.1% |
| 1990 | 9.33 trillion constant LCU | +18.7% |
| 1991 | 7.79 trillion constant LCU | -16.5% |
| 1992 | 8.79 trillion constant LCU | +12.9% |
| 1993 | 9.00 trillion constant LCU | +2.3% |
| 1994 | 10.75 trillion constant LCU | +19.5% |
| 1995 | 11.59 trillion constant LCU | +7.8% |
| 1996 | 11.69 trillion constant LCU | +0.9% |
| 1997 | 13.43 trillion constant LCU | +14.9% |
| 1998 | 13.94 trillion constant LCU | +3.8% |
| 1999 | 16.40 trillion constant LCU | +17.6% |
| 2000 | 15.49 trillion constant LCU | -5.5% |
| 2001 | 16.20 trillion constant LCU | +4.6% |
| 2002 | 17.42 trillion constant LCU | +7.6% |
| 2003 | 20.16 trillion constant LCU | +15.7% |
| 2004 | 25.71 trillion constant LCU | +27.5% |
| 2005 | 30.66 trillion constant LCU | +19.3% |
| 2006 | 33.77 trillion constant LCU | +10.1% |
| 2007 | 42.01 trillion constant LCU | +24.4% |
| 2008 | 38.75 trillion constant LCU | -7.8% |
| 2009 | 43.73 trillion constant LCU | +12.8% |
| 2010 | 52.53 trillion constant LCU | +20.1% |
| 2011 | 53.68 trillion constant LCU | +2.2% |
| 2012 | 57.40 trillion constant LCU | +6.9% |
| 2013 | 54.39 trillion constant LCU | -5.2% |
| 2014 | 57.73 trillion constant LCU | +6.1% |
| 2015 | 61.79 trillion constant LCU | +7.0% |
| 2016 | 67.84 trillion constant LCU | +9.8% |
| 2017 | 77.65 trillion constant LCU | +14.5% |
| 2018 | 82.43 trillion constant LCU | +6.2% |
| 2019 | 77.46 trillion constant LCU | -6.0% |
| 2020 | 69.28 trillion constant LCU | -10.6% |
| 2021 | 86.87 trillion constant LCU | +25.4% |
| 2022 | 89.88 trillion constant LCU | +3.5% |
| 2023 | 97.70 trillion constant LCU | +8.7% |
| 2024 | 103.64 trillion constant LCU | +6.1% |
| 2025 | 110.34 trillion constant LCU | +6.5% |
India compared with similar countries
- India's 110.34 trillion constant LCU is above the median for lower middle income countries, which is 100.52 billion constant LCU, 1097.7× the median. (43 countries reporting)
- India's 110.34 trillion constant LCU is above the median for South Asia, which is 2.13 trillion constant LCU, 51.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.32 trillion constant LCU | 1.73 trillion constant LCU | 2.83 trillion constant LCU | 10 |
| 1970s | 3.54 trillion constant LCU | 2.82 trillion constant LCU | 4.88 trillion constant LCU | 10 |
| 1980s | 5.65 trillion constant LCU | 4.43 trillion constant LCU | 7.86 trillion constant LCU | 10 |
| 1990s | 11.27 trillion constant LCU | 7.79 trillion constant LCU | 16.40 trillion constant LCU | 10 |
| 2000s | 28.39 trillion constant LCU | 15.49 trillion constant LCU | 43.73 trillion constant LCU | 10 |
| 2010s | 64.29 trillion constant LCU | 52.53 trillion constant LCU | 82.43 trillion constant LCU | 10 |
| 2020s | 92.95 trillion constant LCU | 69.28 trillion constant LCU | 110.34 trillion constant LCU | 6 |
Countries ranked near India
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in India?
- Gross capital formation in India was 110.34 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in India?
- The highest recorded value was 110.34 trillion constant LCU in 2025.
- What is the lowest gross capital formation recorded in India?
- The lowest recorded value was 1.73 trillion constant LCU in 1961.
- How does India rank for gross capital formation?
- India ranks 7th out of 170 countries with data for 2025.
- Is gross capital formation rising or falling in India?
- Over the last ten years it is up 78.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 varies by country. This series is expressed in local currency units.