Gross fixed capital formation, private sector in India
India: Gross fixed capital formation, private sector was 27.7% in 2023. ▼ Falling
Gross fixed capital formation, private sector in India, 2010–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
India recorded 27.7% for gross fixed capital formation, private sector in 2023.
That represents a change of down 3.4% on the previous year and down 0.1% over ten years.
Over the whole period, gross fixed capital formation, private sector in India peaked at 30.8% in 2011 and was at its lowest, 23.5%, in 2020.
That places India 9th out of 106 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently falling across the 14 years of available data.
Gross fixed capital formation, private sector in India, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2010 | 25.2% | — |
| 2011 | 30.8% | +22.2% |
| 2012 | 30.0% | -2.6% |
| 2013 | 27.8% | -7.5% |
| 2014 | 26.5% | -4.4% |
| 2015 | 25.1% | -5.3% |
| 2016 | 24.5% | -2.5% |
| 2017 | 24.6% | +0.4% |
| 2018 | 25.9% | +5.5% |
| 2019 | 24.9% | -3.9% |
| 2020 | 23.5% | -6.0% |
| 2021 | 25.9% | +10.3% |
| 2022 | 28.7% | +11.0% |
| 2023 | 27.7% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 26.5% | 24.5% | 30.8% | 10 |
| 2020s | 26.4% | 23.5% | 28.7% | 4 |
Countries ranked near India
- 6 Guam 29.1% compare
- 7 Suriname 29.1%
- 8 Benin 29.0% compare
- 10 Botswana 27.5%
- 11 Saudi Arabia 26.9% compare
- 12 Uzbekistan 26.7%
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 6.4 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2004 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 541.44 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -2.45 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -5.78 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 0.3362 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 14.18 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 38,313 current LCU per person (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in India?
- Gross fixed capital formation, private sector in India was 27.7% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in India?
- The highest recorded value was 30.8% in 2011.
- What is the lowest gross fixed capital formation, private sector recorded in India?
- The lowest recorded value was 23.5% in 2020.
- How does India rank for gross fixed capital formation, private sector?
- India ranks 9th out of 106 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in India?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is falling.
- 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, private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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.