Gross capital formation in India
India: Gross capital formation was 34.6% in 2025. ▲ Rising
Gross capital formation in India, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross capital formation in India stood at 34.6%.
Compared with earlier readings it is up 0.7% on the previous year and up 7.7% over ten years.
Over the whole period, gross capital formation in India peaked at 42.0% in 2007 and was at its lowest, 17.6%, in 1969.
That places India 15th out of 187 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Gross capital formation in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 17.9% | — |
| 1961 | 19.3% | +7.4% |
| 1962 | 18.1% | -6.0% |
| 1963 | 19.0% | +4.9% |
| 1964 | 19.5% | +2.8% |
| 1965 | 20.1% | +2.7% |
| 1966 | 18.4% | -8.5% |
| 1967 | 18.2% | -0.9% |
| 1968 | 17.7% | -2.5% |
| 1969 | 17.6% | -0.6% |
| 1970 | 18.2% | +3.2% |
| 1971 | 19.2% | +5.4% |
| 1972 | 19.5% | +1.8% |
| 1973 | 18.7% | -4.3% |
| 1974 | 22.5% | +20.4% |
| 1975 | 19.5% | -13.2% |
| 1976 | 19.4% | -0.6% |
| 1977 | 21.1% | +8.6% |
| 1978 | 22.7% | +7.4% |
| 1979 | 23.6% | +4.2% |
| 1980 | 19.6% | -17.1% |
| 1981 | 25.6% | +30.7% |
| 1982 | 25.1% | -1.7% |
| 1983 | 21.0% | -16.3% |
| 1984 | 23.3% | +10.7% |
| 1985 | 26.4% | +13.5% |
| 1986 | 26.1% | -1.4% |
| 1987 | 25.8% | -0.9% |
| 1988 | 26.3% | +1.8% |
| 1989 | 26.9% | +2.2% |
| 1990 | 27.3% | +1.8% |
| 1991 | 25.1% | -8.0% |
| 1992 | 27.4% | +9.1% |
| 1993 | 22.7% | -17.2% |
| 1994 | 26.3% | +15.8% |
| 1995 | 29.2% | +10.8% |
| 1996 | 22.8% | -21.9% |
| 1997 | 25.7% | +12.9% |
| 1998 | 25.0% | -2.8% |
| 1999 | 31.0% | +24.0% |
| 2000 | 25.7% | -17.1% |
| 2001 | 29.9% | +16.5% |
| 2002 | 30.3% | +1.1% |
| 2003 | 30.8% | +1.9% |
| 2004 | 35.1% | +13.8% |
| 2005 | 37.4% | +6.6% |
| 2006 | 39.0% | +4.2% |
| 2007 | 42.0% | +7.6% |
| 2008 | 38.4% | -8.4% |
| 2009 | 39.3% | +2.2% |
| 2010 | 39.8% | +1.3% |
| 2011 | 39.6% | -0.5% |
| 2012 | 38.3% | -3.1% |
| 2013 | 34.0% | -11.3% |
| 2014 | 34.3% | +0.7% |
| 2015 | 32.1% | -6.3% |
| 2016 | 30.2% | -6.1% |
| 2017 | 31.0% | +2.7% |
| 2018 | 32.3% | +4.4% |
| 2019 | 30.1% | -6.9% |
| 2020 | 28.9% | -3.9% |
| 2021 | 32.1% | +11.0% |
| 2022 | 34.4% | +7.1% |
| 2023 | 34.5% | +0.3% |
| 2024 | 34.3% | -0.5% |
| 2025 | 34.6% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.6% | 17.6% | 20.1% | 10 |
| 1970s | 20.4% | 18.2% | 23.6% | 10 |
| 1980s | 24.6% | 19.6% | 26.9% | 10 |
| 1990s | 26.2% | 22.7% | 31.0% | 10 |
| 2000s | 34.8% | 25.7% | 42.0% | 10 |
| 2010s | 34.2% | 30.1% | 39.8% | 10 |
| 2020s | 33.2% | 28.9% | 34.6% | 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)
- 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 gross capital formation in India?
- Gross capital formation in India was 34.6% 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 42.0% in 2007.
- What is the lowest gross capital formation recorded in India?
- The lowest recorded value was 17.6% in 1969.
- How does India rank for gross capital formation?
- India ranks 15th out of 187 countries with data for 2025.
- Is gross capital formation rising or falling in India?
- Over the last ten years it is up 7.7%. The long-run trend across the full record is rising.
- 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 (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.