Gross fixed capital formation in India
India: Gross fixed capital formation was 7.1% in 2025. ◆ Volatile
Gross fixed capital formation in India, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for gross fixed capital formation in India is 7.1%, measured in 2025.
Compared with earlier readings it is up 10.5% on the previous year and up 8.5% over ten years.
Over the whole period, gross fixed capital formation in India peaked at 22.2% in 2001 and was at its lowest, -7.7%, in 1991.
That places India 60th out of 166 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in India, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1961 | 13.2% | — |
| 1962 | 6.6% | -50.4% |
| 1963 | 11.6% | +77.3% |
| 1964 | 7.7% | -33.8% |
| 1965 | 3.2% | -58.3% |
| 1966 | 1.4% | -55.8% |
| 1967 | 6.5% | +354.5% |
| 1968 | 5.3% | -17.3% |
| 1969 | 0.1% | -98.7% |
| 1970 | -5.5% | -8239.2% |
| 1971 | 10.4% | -287.4% |
| 1972 | 4.3% | -58.7% |
| 1973 | -2.6% | -161.4% |
| 1974 | 3.8% | -245.9% |
| 1975 | -1.8% | -146.6% |
| 1976 | 10.9% | -709.3% |
| 1977 | 13.5% | +23.7% |
| 1978 | 5.2% | -61.8% |
| 1979 | -0.1% | -101.3% |
| 1980 | 2.4% | -3766.8% |
| 1981 | -0.1% | -105.3% |
| 1982 | 5.6% | -4575.1% |
| 1983 | 7.3% | +29.8% |
| 1984 | 1.7% | -77.3% |
| 1985 | 4.6% | +176.4% |
| 1986 | 9.5% | +106.9% |
| 1987 | 11.0% | +15.9% |
| 1988 | 3.5% | -68.7% |
| 1989 | 8.7% | +152.1% |
| 1990 | 16.5% | +88.8% |
| 1991 | -7.7% | -146.7% |
| 1992 | 10.6% | -237.6% |
| 1993 | -0.8% | -107.8% |
| 1994 | 5.8% | -797.1% |
| 1995 | 12.1% | +110.5% |
| 1996 | 4.7% | -61.2% |
| 1997 | 9.1% | +93.5% |
| 1998 | 10.6% | +16.7% |
| 1999 | 16.7% | +57.7% |
| 2000 | -1.8% | -110.7% |
| 2001 | 22.2% | -1336.9% |
| 2002 | -0.7% | -103.2% |
| 2003 | 5.1% | -813.2% |
| 2004 | 11.5% | +123.9% |
| 2005 | 16.4% | +43.5% |
| 2006 | 13.9% | -15.6% |
| 2007 | 16.3% | +17.7% |
| 2008 | 3.2% | -80.4% |
| 2009 | 7.7% | +140.0% |
| 2010 | 11.0% | +43.9% |
| 2011 | 12.1% | +9.5% |
| 2012 | 4.9% | -59.2% |
| 2013 | 1.6% | -68.4% |
| 2014 | 2.6% | +66.7% |
| 2015 | 6.5% | +150.9% |
| 2016 | 8.5% | +29.5% |
| 2017 | 7.8% | -7.8% |
| 2018 | 11.2% | +43.6% |
| 2019 | 1.1% | -89.8% |
| 2020 | -7.1% | -718.8% |
| 2021 | 17.5% | -346.9% |
| 2022 | 8.4% | -51.8% |
| 2023 | 7.3% | -14.1% |
| 2024 | 6.4% | -11.6% |
| 2025 | 7.1% | +10.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.2% | 0.1% | 13.2% | 9 |
| 1970s | 3.8% | -5.5% | 13.5% | 10 |
| 1980s | 5.4% | -0.1% | 11.0% | 10 |
| 1990s | 7.8% | -7.7% | 16.7% | 10 |
| 2000s | 9.4% | -1.8% | 22.2% | 10 |
| 2010s | 6.7% | 1.1% | 12.1% | 10 |
| 2020s | 6.6% | -7.1% | 17.5% | 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)
- GDP (constant 2015 US$), annual growth rate 7.57 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.9337 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,523 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 7.57 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 81.54 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 220,360 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate 4.34 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.3256 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in India?
- Gross fixed capital formation in India was 7.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in India?
- The highest recorded value was 22.2% in 2001.
- What is the lowest gross fixed capital formation recorded in India?
- The lowest recorded value was -7.7% in 1991.
- How does India rank for gross fixed capital formation?
- India ranks 60th out of 166 countries with data for 2025.
- Is gross fixed capital formation rising or falling in India?
- Over the last ten years it is up 8.5%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.