Gross Fixed Capital Formation — Share of GDP US$ in India

India: Gross Fixed Capital Formation — Share of GDP US$ was 31.45 % in 2024. ▲ Rising

Latest (2024)
31.45 %
Change on year
down 2.7%
World rank
29th
of 203 countries
All-time high
37.21 %
in 2011
All-time low
15.54 %
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Share of GDP US$ in India, 1970–2024

010203040197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

The most recent figure for gross fixed capital formation — share of gdp us$ in India is 31.45 %, measured in 2024.

Compared with earlier readings it is down 2.7% on the previous year and down 1.0% over ten years.

Over the whole period, gross fixed capital formation — share of gdp us$ in India peaked at 37.21 % in 2011 and was at its lowest, 15.54 %, in 1970.

India ranks 29th of 203 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 55 years of available data.

Gross Fixed Capital Formation — Share of GDP US$ in India, year by year

Annual values for Gross Fixed Capital Formation — Share of GDP US$ in India, 1970 to 2024.
Year % Change
1970 15.54 %
1971 16.59 % +6.8%
1972 17.05 % +2.8%
1973 15.91 % -6.7%
1974 16.6 % +4.4%
1975 17.71 % +6.7%
1976 18.49 % +4.4%
1977 18.79 % +1.6%
1978 19.39 % +3.2%
1979 20.35 % +5.0%
1980 19.68 % -3.3%
1981 19.87 % +1.0%
1982 21.01 % +5.8%
1983 20.57 % -2.1%
1984 20.85 % +1.4%
1985 21.8 % +4.6%
1986 22.9 % +5.0%
1987 24.44 % +6.7%
1988 23.57 % -3.6%
1989 24.58 % +4.3%
1990 26.08 % +6.1%
1991 24.58 % -5.7%
1992 25.09 % +2.1%
1993 23.67 % -5.7%
1994 23.36 % -1.3%
1995 25.14 % +7.6%
1996 24.52 % -2.4%
1997 25.35 % +3.4%
1998 25.46 % +0.4%
1999 28.34 % +11.3%
2000 26.73 % -5.7%
2001 30.56 % +14.3%
2002 28.91 % -5.4%
2003 29.24 % +1.1%
2004 32.03 % +9.6%
2005 33.92 % +5.9%
2006 34.78 % +2.5%
2007 36.94 % +6.2%
2008 36.06 % -2.4%
2009 35.83 % -0.7%
2010 35.42 % -1.1%
2011 37.21 % +5.1%
2012 36.19 % -2.7%
2013 32.74 % -9.5%
2014 31.76 % -3.0%
2015 30.21 % -4.9%
2016 29.28 % -3.1%
2017 29.59 % +1.1%
2018 30.66 % +3.6%
2019 29.42 % -4.0%
2020 28.73 % -2.4%
2021 31.21 % +8.6%
2022 32 % +2.5%
2023 32.32 % +1.0%
2024 31.45 % -2.7%

Averages by decade

DecadeAverage LowestHighest Years
1970s 17.64 % 15.54 % 20.35 % 10
1980s 21.93 % 19.68 % 24.58 % 10
1990s 25.16 % 23.36 % 28.34 % 10
2000s 32.5 % 26.73 % 36.94 % 10
2010s 32.25 % 29.28 % 37.21 % 10
2020s 31.14 % 28.73 % 32.32 % 5

Countries ranked near India

  1. 26 Mozambique 32.22 % compare
  2. 27 Republic of Korea 32.07 % compare
  3. 28 Saint Kitts and Nevis 31.51 % compare
  4. 30 Bangladesh 30.7 % compare
  5. 31 Cambodia 30.51 % compare
  6. 32 Myanmar 30.25 % compare

See the full ranking of 251 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross fixed capital formation — share of gdp us$ in India?
Gross fixed capital formation — share of gdp us$ in India was 31.45 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — share of gdp us$ recorded in India?
The highest recorded value was 37.21 % in 2011.
What is the lowest gross fixed capital formation — share of gdp us$ recorded in India?
The lowest recorded value was 15.54 % in 1970.
How does India rank for gross fixed capital formation — share of gdp us$?
India ranks 29th out of 203 countries with data for 2024.
Is gross fixed capital formation — share of gdp us$ rising or falling in India?
Over the last ten years it is down 1.0%. 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 — Share of GDP US$. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Share of GDP US$ in India. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 29 August 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-share-of-gdp-us/india/

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About this data

Indicator
Gross Fixed Capital Formation — Share of GDP US$
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).