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

Latest (2024)
0.7559 % change on previous year
Change on year
down 32.1%
World rank
171st
of 208 countries
All-time high
18.77 % change on previous year
in 1981
All-time low
-0.9881 % change on previous year
in 2015
Years of data
54
1971–2024

Gross Fixed Capital Formation Deflator — Value Standard Local in India, 1971–2024

05101520197119972024

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

Annual values for Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate in India, 1971 to 2024.
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

DecadeAverage LowestHighest 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

  1. 168 Turks and Caicos Islands 0.8537 % change on previous year compare
  2. 169 El Salvador 0.827 % change on previous year compare
  3. 170 Oman 0.7669 % change on previous year compare
  4. 172 Kuwait 0.7547 % change on previous year compare
  5. 173 Palestine 0.7413 % change on previous year compare
  6. 174 Liechtenstein 0.5526 % change on previous year compare

See the full ranking of 209 places →

More economy & growth data for India

All data for India →

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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Gross Fixed Capital Formation Deflator — Value Standard Local in India. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/india/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-deflator-value-standard-local-currency-2015-prices-annual/india/">Gross Fixed Capital Formation Deflator — Value Standard Local in India</a> — Statizoid

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

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

Indicator
Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
209 places, 10,510 data points, 1971–2024
Last refreshed

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.