Gross Fixed Capital Formation — Annual growth US$, 2015 prices in India
India: Gross Fixed Capital Formation — Annual growth US$, 2015 prices was 6.13 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$, 2015 prices in India, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
India recorded 6.13 % for gross fixed capital formation — annual growth us$, 2015 prices in 2024.
The figure is down 35.4% on the previous year and up 67.8% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$, 2015 prices in India peaked at 21.31 % in 2001 and was at its lowest, -7.7 %, in 1991.
India ranks 41st of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Annual growth US$, 2015 prices in India, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 10.4 % | — |
| 1972 | 4.3 % | -58.7% |
| 1973 | -2.64 % | -161.4% |
| 1974 | 3.85 % | -245.9% |
| 1975 | -1.79 % | -146.6% |
| 1976 | 10.93 % | -709.3% |
| 1977 | 13.52 % | +23.7% |
| 1978 | 5.17 % | -61.8% |
| 1979 | -0.065 % | -101.3% |
| 1980 | 2.38 % | -3766.8% |
| 1981 | -0.1262 % | -105.3% |
| 1982 | 5.65 % | -4575.1% |
| 1983 | 7.33 % | +29.8% |
| 1984 | 1.67 % | -77.3% |
| 1985 | 4.61 % | +176.4% |
| 1986 | 9.53 % | +106.9% |
| 1987 | 11.05 % | +15.9% |
| 1988 | 3.46 % | -68.7% |
| 1989 | 8.73 % | +152.1% |
| 1990 | 16.48 % | +88.8% |
| 1991 | -7.7 % | -146.7% |
| 1992 | 10.6 % | -237.6% |
| 1993 | -0.8262 % | -107.8% |
| 1994 | 5.76 % | -797.1% |
| 1995 | 12.12 % | +110.5% |
| 1996 | 4.7 % | -61.2% |
| 1997 | 9.1 % | +93.5% |
| 1998 | 10.62 % | +16.7% |
| 1999 | 20.88 % | +96.6% |
| 2000 | -2.01 % | -109.6% |
| 2001 | 21.31 % | -1159.4% |
| 2002 | -0.8032 % | -103.8% |
| 2003 | 6.6 % | -922.1% |
| 2004 | 13.18 % | +99.7% |
| 2005 | 15.5 % | +17.5% |
| 2006 | 13.86 % | -10.5% |
| 2007 | 15.73 % | +13.4% |
| 2008 | 4.14 % | -73.7% |
| 2009 | 10.09 % | +143.7% |
| 2010 | 12.53 % | +24.1% |
| 2011 | 11.65 % | -7.0% |
| 2012 | 4.77 % | -59.1% |
| 2013 | -1.82 % | -138.1% |
| 2014 | 3.66 % | -301.0% |
| 2015 | 6.12 % | +67.4% |
| 2016 | 7.09 % | +15.9% |
| 2017 | 9.05 % | +27.5% |
| 2018 | 10.17 % | +12.4% |
| 2019 | 0.526 % | -94.8% |
| 2020 | -5.82 % | -1206.0% |
| 2021 | 18.24 % | -413.4% |
| 2022 | 5.25 % | -71.2% |
| 2023 | 9.49 % | +80.7% |
| 2024 | 6.13 % | -35.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.85 % | -2.64 % | 13.52 % | 9 |
| 1980s | 5.43 % | -0.1262 % | 11.05 % | 10 |
| 1990s | 8.17 % | -7.7 % | 20.88 % | 10 |
| 2000s | 9.76 % | -2.01 % | 21.31 % | 10 |
| 2010s | 6.37 % | -1.82 % | 12.53 % | 10 |
| 2020s | 6.66 % | -5.82 % | 18.24 % | 5 |
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 79.27 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 214,232 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8529 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,305 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 7.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 74.42 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$, 2015 prices in India?
- Gross fixed capital formation — annual growth us$, 2015 prices in India was 6.13 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$, 2015 prices recorded in India?
- The highest recorded value was 21.31 % in 2001.
- What is the lowest gross fixed capital formation — annual growth us$, 2015 prices recorded in India?
- The lowest recorded value was -7.7 % in 1991.
- How does India rank for gross fixed capital formation — annual growth us$, 2015 prices?
- India ranks 41st out of 203 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$, 2015 prices rising or falling in India?
- Over the last ten years it is up 67.8%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Annual growth US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).