Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in India
India: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 73.29 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in India stood at 73.29 million million SLC. That is the highest value across all 55 years on record.
The figure is up 6.1% on the previous year and up 86.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in India peaked at 73.29 million million SLC in 2024 and was at its lowest, 2.16 million million SLC, in 1970.
That places India 6th out of 194 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in India, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2.16 million million SLC | — |
| 1971 | 2.39 million million SLC | +10.4% |
| 1972 | 2.49 million million SLC | +4.3% |
| 1973 | 2.42 million million SLC | -2.6% |
| 1974 | 2.52 million million SLC | +3.8% |
| 1975 | 2.47 million million SLC | -1.8% |
| 1976 | 2.74 million million SLC | +10.9% |
| 1977 | 3.11 million million SLC | +13.5% |
| 1978 | 3.27 million million SLC | +5.2% |
| 1979 | 3.27 million million SLC | -0.1% |
| 1980 | 3.35 million million SLC | +2.4% |
| 1981 | 3.35 million million SLC | -0.1% |
| 1982 | 3.53 million million SLC | +5.6% |
| 1983 | 3.79 million million SLC | +7.3% |
| 1984 | 3.86 million million SLC | +1.7% |
| 1985 | 4.03 million million SLC | +4.6% |
| 1986 | 4.42 million million SLC | +9.5% |
| 1987 | 4.91 million million SLC | +11.0% |
| 1988 | 5.08 million million SLC | +3.5% |
| 1989 | 5.52 million million SLC | +8.7% |
| 1990 | 6.43 million million SLC | +16.5% |
| 1991 | 5.93 million million SLC | -7.7% |
| 1992 | 6.56 million million SLC | +10.6% |
| 1993 | 6.51 million million SLC | -0.8% |
| 1994 | 6.88 million million SLC | +5.8% |
| 1995 | 7.72 million million SLC | +12.1% |
| 1996 | 8.08 million million SLC | +4.7% |
| 1997 | 8.82 million million SLC | +9.1% |
| 1998 | 9.75 million million SLC | +10.6% |
| 1999 | 11.79 million million SLC | +20.9% |
| 2000 | 11.55 million million SLC | -2.0% |
| 2001 | 14.01 million million SLC | +21.3% |
| 2002 | 13.90 million million SLC | -0.8% |
| 2003 | 14.82 million million SLC | +6.6% |
| 2004 | 16.77 million million SLC | +13.2% |
| 2005 | 19.37 million million SLC | +15.5% |
| 2006 | 22.06 million million SLC | +13.9% |
| 2007 | 25.53 million million SLC | +15.7% |
| 2008 | 26.59 million million SLC | +4.1% |
| 2009 | 29.27 million million SLC | +10.1% |
| 2010 | 32.94 million million SLC | +12.5% |
| 2011 | 36.77 million million SLC | +11.6% |
| 2012 | 38.52 million million SLC | +4.8% |
| 2013 | 37.82 million million SLC | -1.8% |
| 2014 | 39.21 million million SLC | +3.7% |
| 2015 | 41.61 million million SLC | +6.1% |
| 2016 | 44.56 million million SLC | +7.1% |
| 2017 | 48.59 million million SLC | +9.0% |
| 2018 | 53.53 million million SLC | +10.2% |
| 2019 | 53.81 million million SLC | +0.5% |
| 2020 | 50.68 million million SLC | -5.8% |
| 2021 | 59.92 million million SLC | +18.2% |
| 2022 | 63.07 million million SLC | +5.3% |
| 2023 | 69.05 million million SLC | +9.5% |
| 2024 | 73.29 million million SLC | +6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.69 million million SLC | 2.16 million million SLC | 3.27 million million SLC | 10 |
| 1980s | 4.18 million million SLC | 3.35 million million SLC | 5.52 million million SLC | 10 |
| 1990s | 7.85 million million SLC | 5.93 million million SLC | 11.79 million million SLC | 10 |
| 2000s | 19.39 million million SLC | 11.55 million million SLC | 29.27 million million SLC | 10 |
| 2010s | 42.74 million million SLC | 32.94 million million SLC | 53.81 million million SLC | 10 |
| 2020s | 63.20 million million SLC | 50.68 million million SLC | 73.29 million million SLC | 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)
- GNI, Atlas method (current US$), annual growth rate 9.05 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.02 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,757 current US$ per person (2025)
- GNI (current US$), annual growth rate 5.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9875 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,669 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.66 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 86.24 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in India?
- Gross fixed capital formation — value standard local currency, 2015 in India was 73.29 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in India?
- The highest recorded value was 73.29 million million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in India?
- The lowest recorded value was 2.16 million million SLC in 1970.
- How does India rank for gross fixed capital formation — value standard local currency, 2015?
- India ranks 6th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in India?
- Over the last ten years it is up 86.9%. The long-run trend across the full record is volatile.
- 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 — Value Standard Local Currency, 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 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).