Gross fixed capital formation in India
India: Gross fixed capital formation was 1.25 trillion current US$ in 2025. ◆ Volatile
Latest (2025)
1.25 trillion current US$
Change on year
up 5.3%
World rank
3rd
of 181 countries
All-time high
1.25 trillion current US$
in 2025
All-time low
5.35 billion current US$
in 1960
Years of data
66
1960–2025
Gross fixed capital formation in India, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
India recorded 1.25 trillion current US$ for gross fixed capital formation in 2025. That is the highest value across all 66 years on record.
The figure is up 5.3% on the previous year and up 107.3% over ten years.
Over the whole period, gross fixed capital formation in India peaked at 1.25 trillion current US$ in 2025 and was at its lowest, 5.35 billion current US$, in 1960.
That places India 3rd out of 181 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation in India, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 5.35 billion current US$ | — |
| 1961 | 6.18 billion current US$ | +15.5% |
| 1962 | 6.73 billion current US$ | +8.9% |
| 1963 | 7.91 billion current US$ | +17.6% |
| 1964 | 9.20 billion current US$ | +16.2% |
| 1965 | 10.20 billion current US$ | +10.8% |
| 1966 | 7.63 billion current US$ | -25.2% |
| 1967 | 8.06 billion current US$ | +5.6% |
| 1968 | 8.60 billion current US$ | +6.8% |
| 1969 | 9.42 billion current US$ | +9.5% |
| 1970 | 9.70 billion current US$ | +2.9% |
| 1971 | 11.17 billion current US$ | +15.2% |
| 1972 | 12.19 billion current US$ | +9.1% |
| 1973 | 13.60 billion current US$ | +11.6% |
| 1974 | 16.53 billion current US$ | +21.5% |
| 1975 | 17.44 billion current US$ | +5.6% |
| 1976 | 18.99 billion current US$ | +8.9% |
| 1977 | 22.83 billion current US$ | +20.2% |
| 1978 | 26.63 billion current US$ | +16.6% |
| 1979 | 31.14 billion current US$ | +17.0% |
| 1980 | 36.66 billion current US$ | +17.7% |
| 1981 | 38.44 billion current US$ | +4.9% |
| 1982 | 42.18 billion current US$ | +9.7% |
| 1983 | 44.89 billion current US$ | +6.4% |
| 1984 | 44.24 billion current US$ | -1.5% |
| 1985 | 50.70 billion current US$ | +14.6% |
| 1986 | 57.02 billion current US$ | +12.5% |
| 1987 | 68.21 billion current US$ | +19.6% |
| 1988 | 69.91 billion current US$ | +2.5% |
| 1989 | 72.76 billion current US$ | +4.1% |
| 1990 | 83.72 billion current US$ | +15.1% |
| 1991 | 66.40 billion current US$ | -20.7% |
| 1992 | 72.31 billion current US$ | +8.9% |
| 1993 | 66.10 billion current US$ | -8.6% |
| 1994 | 76.45 billion current US$ | +15.6% |
| 1995 | 90.56 billion current US$ | +18.5% |
| 1996 | 96.36 billion current US$ | +6.4% |
| 1997 | 105.42 billion current US$ | +9.4% |
| 1998 | 107.27 billion current US$ | +1.8% |
| 1999 | 126.34 billion current US$ | +17.8% |
| 2000 | 121.89 billion current US$ | -3.5% |
| 2001 | 145.30 billion current US$ | +19.2% |
| 2002 | 145.90 billion current US$ | +0.4% |
| 2003 | 172.19 billion current US$ | +18.0% |
| 2004 | 217.77 billion current US$ | +26.5% |
| 2005 | 268.72 billion current US$ | +23.4% |
| 2006 | 315.79 billion current US$ | +17.5% |
| 2007 | 435.75 billion current US$ | +38.0% |
| 2008 | 416.23 billion current US$ | -4.5% |
| 2009 | 455.59 billion current US$ | +9.5% |
| 2010 | 556.81 billion current US$ | +22.2% |
| 2011 | 625.55 billion current US$ | +12.3% |
| 2012 | 611.11 billion current US$ | -2.3% |
| 2013 | 581.08 billion current US$ | -4.9% |
| 2014 | 613.37 billion current US$ | +5.6% |
| 2015 | 604.43 billion current US$ | -1.5% |
| 2016 | 646.87 billion current US$ | +7.0% |
| 2017 | 747.13 billion current US$ | +15.5% |
| 2018 | 796.37 billion current US$ | +6.6% |
| 2019 | 806.86 billion current US$ | +1.3% |
| 2020 | 730.88 billion current US$ | -9.4% |
| 2021 | 936.82 billion current US$ | +28.2% |
| 2022 | 1.05 trillion current US$ | +12.3% |
| 2023 | 1.12 trillion current US$ | +6.2% |
| 2024 | 1.19 trillion current US$ | +6.6% |
| 2025 | 1.25 trillion current US$ | +5.3% |
India compared with similar countries
- India's 1.25 trillion current US$ is above the median for lower middle income countries, which is 5.47 billion current US$, 229.3× the median. (45 countries reporting)
- India's 1.25 trillion current US$ is above the median for South Asia, which is 16.66 billion current US$, 75.2× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.93 billion current US$ | 5.35 billion current US$ | 10.20 billion current US$ | 10 |
| 1970s | 18.02 billion current US$ | 9.70 billion current US$ | 31.14 billion current US$ | 10 |
| 1980s | 52.50 billion current US$ | 36.66 billion current US$ | 72.76 billion current US$ | 10 |
| 1990s | 89.09 billion current US$ | 66.10 billion current US$ | 126.34 billion current US$ | 10 |
| 2000s | 269.51 billion current US$ | 121.89 billion current US$ | 455.59 billion current US$ | 10 |
| 2010s | 658.96 billion current US$ | 556.81 billion current US$ | 806.86 billion current US$ | 10 |
| 2020s | 1.05 trillion current US$ | 730.88 billion current US$ | 1.25 trillion current US$ | 6 |
Countries ranked near India
- 1 China 7.43 trillion current US$ compare
- 2 United States 6.26 trillion current US$ compare
- 4 Japan 1.17 trillion current US$ compare
- 5 Germany 1.03 trillion current US$ compare
- 6 United Kingdom 755.83 billion current US$ compare
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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in India?
- Gross fixed capital formation in India was 1.25 trillion current US$ 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 1.25 trillion current US$ in 2025.
- What is the lowest gross fixed capital formation recorded in India?
- The lowest recorded value was 5.35 billion current US$ in 1960.
- How does India rank for gross fixed capital formation?
- India ranks 3rd out of 181 countries with data for 2025.
- Is gross fixed capital formation rising or falling in India?
- Over the last ten years it is up 107.3%. 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 (current US$). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.