Gross Fixed Capital Formation Deflator — Value Standard Local in India
India: Gross Fixed Capital Formation Deflator — Value Standard Local was 0.7559 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in India, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in India is 0.7559 % change on previous year, measured in 2024.
That represents a change of down 32.1% on the previous year and down 80.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in India peaked at 18.77 % change on previous year in 1981 and was at its lowest, -0.9881 % change on previous year, in 2015.
India ranks 171st of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in India, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 3.52 % change on previous year | — |
| 1972 | 8.66 % change on previous year | +145.7% |
| 1973 | 16.61 % change on previous year | +91.9% |
| 1974 | 18.66 % change on previous year | +12.3% |
| 1975 | 16.62 % change on previous year | -10.9% |
| 1976 | 1.37 % change on previous year | -91.7% |
| 1977 | 1.43 % change on previous year | +4.2% |
| 1978 | 6.29 % change on previous year | +340.0% |
| 1979 | 15.18 % change on previous year | +141.4% |
| 1980 | 12.38 % change on previous year | -18.5% |
| 1981 | 18.77 % change on previous year | +51.7% |
| 1982 | 11.99 % change on previous year | -36.1% |
| 1983 | 6.21 % change on previous year | -48.2% |
| 1984 | 11.72 % change on previous year | +88.7% |
| 1985 | 12.79 % change on previous year | +9.1% |
| 1986 | 7.3 % change on previous year | -42.9% |
| 1987 | 9.25 % change on previous year | +26.8% |
| 1988 | 10.59 % change on previous year | +14.5% |
| 1989 | 10.17 % change on previous year | -4.0% |
| 1990 | 6.41 % change on previous year | -37.0% |
| 1991 | 17.4 % change on previous year | +171.4% |
| 1992 | 6.06 % change on previous year | -65.2% |
| 1993 | 9.46 % change on previous year | +56.2% |
| 1994 | 9.47 % change on previous year | +0.1% |
| 1995 | 12.61 % change on previous year | +33.1% |
| 1996 | 7.81 % change on previous year | -38.1% |
| 1997 | 4.97 % change on previous year | -36.4% |
| 1998 | 4.13 % change on previous year | -16.9% |
| 1999 | 3.3 % change on previous year | -20.1% |
| 2000 | 3.6 % change on previous year | +9.2% |
| 2001 | 1.98 % change on previous year | -44.9% |
| 2002 | 2.66 % change on previous year | +34.1% |
| 2003 | 6.3 % change on previous year | +136.8% |
| 2004 | 10.44 % change on previous year | +65.8% |
| 2005 | 4.53 % change on previous year | -56.6% |
| 2006 | 5.48 % change on previous year | +20.9% |
| 2007 | 5.64 % change on previous year | +3.0% |
| 2008 | 5.53 % change on previous year | -2.0% |
| 2009 | 4.19 % change on previous year | -24.3% |
| 2010 | 5.35 % change on previous year | +27.9% |
| 2011 | 7.68 % change on previous year | +43.5% |
| 2012 | 5.67 % change on previous year | -26.2% |
| 2013 | 4.08 % change on previous year | -28.0% |
| 2014 | 3.88 % change on previous year | -4.8% |
| 2015 | -0.9881 % change on previous year | -125.5% |
| 2016 | 1.13 % change on previous year | -214.3% |
| 2017 | 2.92 % change on previous year | +159.0% |
| 2018 | 4 % change on previous year | +36.8% |
| 2019 | 1.55 % change on previous year | -61.3% |
| 2020 | 2.38 % change on previous year | +53.9% |
| 2021 | 9.2 % change on previous year | +286.2% |
| 2022 | 11.24 % change on previous year | +22.1% |
| 2023 | 1.11 % change on previous year | -90.1% |
| 2024 | 0.7559 % change on previous year | -32.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.82 % change on previous year | 1.37 % change on previous year | 18.66 % change on previous year | 9 |
| 1980s | 11.12 % change on previous year | 6.21 % change on previous year | 18.77 % change on previous year | 10 |
| 1990s | 8.16 % change on previous year | 3.3 % change on previous year | 17.4 % change on previous year | 10 |
| 2000s | 5.04 % change on previous year | 1.98 % change on previous year | 10.44 % change on previous year | 10 |
| 2010s | 3.53 % change on previous year | -0.9881 % change on previous year | 7.68 % change on previous year | 10 |
| 2020s | 4.94 % change on previous year | 0.7559 % change on previous year | 11.24 % change on previous year | 5 |
Countries ranked near India
- 168 Turks and Caicos Islands 0.8537 % change on previous year compare
- 169 El Salvador 0.827 % change on previous year compare
- 170 Oman 0.7669 % change on previous year compare
- 172 Kuwait 0.7547 % change on previous year compare
- 173 Palestine 0.7413 % change on previous year compare
- 174 Liechtenstein 0.5526 % change on previous year 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 deflator — value standard local in India?
- Gross fixed capital formation deflator — value standard local in India was 0.7559 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in India?
- The highest recorded value was 18.77 % change on previous year in 1981.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in India?
- The lowest recorded value was -0.9881 % change on previous year in 2015.
- How does India rank for gross fixed capital formation deflator — value standard local?
- India ranks 171st out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in India?
- Over the last ten years it is down 80.5%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.