Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in India
India: Gross Fixed Capital Formation Deflator — Value US$, 2015 prices was 106.79 USD in 2024. ▲ Rising
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross fixed capital formation deflator — value us$, 2015 prices in India stood at 106.79 USD.
That represents a change of down 0.5% on the previous year and up 0.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value us$, 2015 prices in India peaked at 121.52 USD in 2011 and was at its lowest, 28.77 USD, in 1970.
India ranks 140th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation Deflator — Value US$, 2015 prices in India, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 28.77 USD | — |
| 1971 | 29.82 USD | +3.6% |
| 1972 | 31.96 USD | +7.2% |
| 1973 | 36.56 USD | +14.4% |
| 1974 | 41.46 USD | +13.4% |
| 1975 | 46.77 USD | +12.8% |
| 1976 | 44.32 USD | -5.2% |
| 1977 | 46.09 USD | +4.0% |
| 1978 | 52.25 USD | +13.4% |
| 1979 | 60.68 USD | +16.1% |
| 1980 | 70.47 USD | +16.1% |
| 1981 | 76.01 USD | +7.9% |
| 1982 | 77.95 USD | +2.6% |
| 1983 | 77.52 USD | -0.6% |
| 1984 | 76.97 USD | -0.7% |
| 1985 | 79.75 USD | +3.6% |
| 1986 | 83.92 USD | +5.2% |
| 1987 | 89.21 USD | +6.3% |
| 1988 | 91.88 USD | +3.0% |
| 1989 | 86.82 USD | -5.5% |
| 1990 | 85.64 USD | -1.4% |
| 1991 | 77.38 USD | -9.6% |
| 1992 | 72.01 USD | -6.9% |
| 1993 | 67 USD | -7.0% |
| 1994 | 71.29 USD | +6.4% |
| 1995 | 77.67 USD | +8.9% |
| 1996 | 76.63 USD | -1.3% |
| 1997 | 78.48 USD | +2.4% |
| 1998 | 71.93 USD | -8.4% |
| 1999 | 71.2 USD | -1.0% |
| 2000 | 70.67 USD | -0.7% |
| 2001 | 68.64 USD | -2.9% |
| 2002 | 68.4 USD | -0.3% |
| 2003 | 75.87 USD | +10.9% |
| 2004 | 86.13 USD | +13.5% |
| 2005 | 92.52 USD | +7.4% |
| 2006 | 94.99 USD | +2.7% |
| 2007 | 109.96 USD | +15.8% |
| 2008 | 110.29 USD | +0.3% |
| 2009 | 103.28 USD | -6.4% |
| 2010 | 115.18 USD | +11.5% |
| 2011 | 121.52 USD | +5.5% |
| 2012 | 112.14 USD | -7.7% |
| 2013 | 106.44 USD | -5.1% |
| 2014 | 106.17 USD | -0.3% |
| 2015 | 100 USD | -5.8% |
| 2016 | 96.55 USD | -3.5% |
| 2017 | 102.54 USD | +6.2% |
| 2018 | 101.54 USD | -1.0% |
| 2019 | 100.14 USD | -1.4% |
| 2020 | 97.44 USD | -2.7% |
| 2021 | 106.67 USD | +9.5% |
| 2022 | 111.58 USD | +4.6% |
| 2023 | 107.37 USD | -3.8% |
| 2024 | 106.79 USD | -0.5% |
India compared with similar countries
- India's 106.79 USD is above the median for lower middle income countries, which is 106.65 USD, 1.0× the median. (41 countries reporting)
- India's 106.79 USD is above the median for South Asia, which is 105.72 USD, 1.0× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41.87 USD | 28.77 USD | 60.68 USD | 10 |
| 1980s | 81.05 USD | 70.47 USD | 91.88 USD | 10 |
| 1990s | 74.92 USD | 67 USD | 85.64 USD | 10 |
| 2000s | 88.07 USD | 68.4 USD | 110.29 USD | 10 |
| 2010s | 106.22 USD | 96.55 USD | 121.52 USD | 10 |
| 2020s | 105.97 USD | 97.44 USD | 111.58 USD | 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0033 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value us$, 2015 prices in India?
- Gross fixed capital formation deflator — value us$, 2015 prices in India was 106.79 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value us$, 2015 prices recorded in India?
- The highest recorded value was 121.52 USD in 2011.
- What is the lowest gross fixed capital formation deflator — value us$, 2015 prices recorded in India?
- The lowest recorded value was 28.77 USD in 1970.
- How does India rank for gross fixed capital formation deflator — value us$, 2015 prices?
- India ranks 140th out of 203 countries with data for 2024.
- Is gross fixed capital formation deflator — value us$, 2015 prices rising or falling in India?
- Over the last ten years it is up 0.6%. The long-run trend across the full record is rising.
- 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 Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).