Gross fixed capital formation in India
India: Gross fixed capital formation was 31.7% in 2025. ▲ Rising
Gross fixed capital formation in India, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross fixed capital formation in India stood at 31.7%.
The figure is up 0.1% on the previous year and up 10.3% over ten years.
Over the whole period, gross fixed capital formation in India peaked at 35.8% in 2007 and was at its lowest, 14.5%, in 1960.
That places India 16th out of 180 countries with data for 2025, putting it in the top 10%.
The long-run direction has been consistently rising across the 66 years of available data.
Gross fixed capital formation in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 14.5% | — |
| 1961 | 15.8% | +9.0% |
| 1962 | 16.0% | +1.3% |
| 1963 | 16.3% | +2.4% |
| 1964 | 16.3% | -0.4% |
| 1965 | 17.1% | +5.1% |
| 1966 | 16.7% | -2.3% |
| 1967 | 16.1% | -4.0% |
| 1968 | 16.2% | +0.9% |
| 1969 | 16.1% | -0.5% |
| 1970 | 15.5% | -3.6% |
| 1971 | 16.6% | +6.8% |
| 1972 | 17.1% | +2.8% |
| 1973 | 15.9% | -6.7% |
| 1974 | 16.6% | +4.4% |
| 1975 | 17.7% | +6.7% |
| 1976 | 18.5% | +4.4% |
| 1977 | 18.8% | +1.6% |
| 1978 | 19.4% | +3.2% |
| 1979 | 20.4% | +5.0% |
| 1980 | 19.7% | -3.3% |
| 1981 | 19.9% | +1.0% |
| 1982 | 21.0% | +5.8% |
| 1983 | 20.6% | -2.1% |
| 1984 | 20.9% | +1.4% |
| 1985 | 21.8% | +4.6% |
| 1986 | 22.9% | +5.0% |
| 1987 | 24.4% | +6.7% |
| 1988 | 23.6% | -3.6% |
| 1989 | 24.6% | +4.3% |
| 1990 | 26.1% | +6.1% |
| 1991 | 24.6% | -5.7% |
| 1992 | 25.1% | +2.1% |
| 1993 | 23.7% | -5.7% |
| 1994 | 23.4% | -1.3% |
| 1995 | 25.1% | +7.6% |
| 1996 | 24.5% | -2.4% |
| 1997 | 25.4% | +3.4% |
| 1998 | 25.5% | +0.4% |
| 1999 | 27.5% | +8.2% |
| 2000 | 26.0% | -5.5% |
| 2001 | 29.9% | +15.0% |
| 2002 | 28.3% | -5.3% |
| 2003 | 28.3% | +0.0% |
| 2004 | 30.7% | +8.4% |
| 2005 | 32.8% | +6.7% |
| 2006 | 33.6% | +2.5% |
| 2007 | 35.8% | +6.6% |
| 2008 | 34.7% | -3.1% |
| 2009 | 34.0% | -2.2% |
| 2010 | 33.2% | -2.1% |
| 2011 | 34.3% | +3.3% |
| 2012 | 33.4% | -2.6% |
| 2013 | 31.3% | -6.4% |
| 2014 | 30.1% | -3.9% |
| 2015 | 28.7% | -4.5% |
| 2016 | 28.2% | -1.9% |
| 2017 | 28.2% | -0.0% |
| 2018 | 29.5% | +4.6% |
| 2019 | 28.5% | -3.4% |
| 2020 | 27.3% | -4.0% |
| 2021 | 29.6% | +8.2% |
| 2022 | 32.4% | +9.4% |
| 2023 | 31.9% | -1.4% |
| 2024 | 31.6% | -0.8% |
| 2025 | 31.7% | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 16.1% | 14.5% | 17.1% | 10 |
| 1970s | 17.6% | 15.5% | 20.4% | 10 |
| 1980s | 21.9% | 19.7% | 24.6% | 10 |
| 1990s | 25.1% | 23.4% | 27.5% | 10 |
| 2000s | 31.4% | 26.0% | 35.8% | 10 |
| 2010s | 30.5% | 28.2% | 34.3% | 10 |
| 2020s | 30.7% | 27.3% | 32.4% | 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)
- Industry (including construction), value added (constant 2015 US$) 8.78 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2575 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 695.86 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 8.78 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 22.07 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 59,646 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 8.19 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4934 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 31.7% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in India?
- The highest recorded value was 35.8% in 2007.
- What is the lowest gross fixed capital formation recorded in India?
- The lowest recorded value was 14.5% in 1960.
- How does India rank for gross fixed capital formation?
- India ranks 16th out of 180 countries with data for 2025.
- Is gross fixed capital formation rising or falling in India?
- Over the last ten years it is up 10.3%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.