Gross Fixed Capital Formation — Value Standard Local Currency, per in India

India: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0704 million SLC per person in 2024. ◆ Volatile

Latest (2024)
0.0704 million SLC per person
Change on year
up 6.0%
World rank
71st
of 194 countries
All-time high
0.0704 million SLC per person
in 2024
All-time low
0.0001 million SLC per person
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, per in India, 1970–2024

00.020.040.060.08197019972024

Source: Statizoid (derived). Measured in million SLC per person.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, per in India is 0.0704 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 6.0% on the previous year and up 133.2% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in India peaked at 0.0704 million SLC per person in 2024 and was at its lowest, 0.0001 million SLC per person, in 1970.

That places India 71st out of 194 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value Standard Local Currency, per in India, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, per capita in India, 1970 to 2024.
Year million SLC per person Change
1970 0.0001 million SLC per person
1971 0.0001 million SLC per person +11.8%
1972 0.0002 million SLC per person +10.9%
1973 0.0002 million SLC per person +11.0%
1974 0.0002 million SLC per person +20.4%
1975 0.0002 million SLC per person +11.9%
1976 0.0003 million SLC per person +9.8%
1977 0.0003 million SLC per person +12.5%
1978 0.0003 million SLC per person +9.2%
1979 0.0004 million SLC per person +12.5%
1980 0.0004 million SLC per person +12.3%
1981 0.0005 million SLC per person +15.9%
1982 0.0006 million SLC per person +15.6%
1983 0.0006 million SLC per person +11.4%
1984 0.0007 million SLC per person +10.9%
1985 0.0008 million SLC per person +15.3%
1986 0.0009 million SLC per person +14.8%
1987 0.0011 million SLC per person +18.6%
1988 0.0012 million SLC per person +11.9%
1989 0.0014 million SLC per person +17.1%
1990 0.0017 million SLC per person +21.2%
1991 0.0018 million SLC per person +6.0%
1992 0.0021 million SLC per person +14.8%
1993 0.0022 million SLC per person +6.3%
1994 0.0026 million SLC per person +13.4%
1995 0.0032 million SLC per person +23.7%
1996 0.0035 million SLC per person +10.6%
1997 0.0039 million SLC per person +12.3%
1998 0.0044 million SLC per person +13.0%
1999 0.0054 million SLC per person +22.5%
2000 0.0054 million SLC per person -0.4%
2001 0.0066 million SLC per person +21.4%
2002 0.0066 million SLC per person +0.0%
2003 0.0073 million SLC per person +11.4%
2004 0.009 million SLC per person +22.9%
2005 0.0107 million SLC per person +18.8%
2006 0.0126 million SLC per person +18.2%
2007 0.0152 million SLC per person +20.4%
2008 0.0165 million SLC per person +8.3%
2009 0.0186 million SLC per person +13.1%
2010 0.0217 million SLC per person +16.8%
2011 0.0258 million SLC per person +18.5%
2012 0.0281 million SLC per person +9.2%
2013 0.0284 million SLC per person +0.8%
2014 0.0302 million SLC per person +6.3%
2015 0.0313 million SLC per person +3.8%
2016 0.0335 million SLC per person +7.0%
2017 0.0372 million SLC per person +10.9%
2018 0.0422 million SLC per person +13.3%
2019 0.0426 million SLC per person +1.0%
2020 0.0407 million SLC per person -4.5%
2021 0.0521 million SLC per person +28.1%
2022 0.0605 million SLC per person +16.2%
2023 0.0664 million SLC per person +9.7%
2024 0.0704 million SLC per person +6.0%

India compared with similar countries

  • India's 0.0704 million SLC per person is above the median for lower middle income countries, which is 0.0501 million SLC per person, 1.4× the median. (44 countries reporting)
  • India's 0.0704 million SLC per person is below the median for South Asia, which is 0.0803 million SLC per person, 88% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0002 million SLC per person 0.0001 million SLC per person 0.0004 million SLC per person 10
1980s 0.0008 million SLC per person 0.0004 million SLC per person 0.0014 million SLC per person 10
1990s 0.0031 million SLC per person 0.0017 million SLC per person 0.0054 million SLC per person 10
2000s 0.0108 million SLC per person 0.0054 million SLC per person 0.0186 million SLC per person 10
2010s 0.0321 million SLC per person 0.0217 million SLC per person 0.0426 million SLC per person 10
2020s 0.058 million SLC per person 0.0407 million SLC per person 0.0704 million SLC per person 5

Countries ranked near India

  1. 68 Bangladesh 0.0885 million SLC per person compare
  2. 69 Central African Republic 0.0736 million SLC per person compare
  3. 70 Maldives 0.0722 million SLC per person compare
  4. 72 Kyrgyzstan 0.0647 million SLC per person compare
  5. 73 Mexico 0.0626 million SLC per person compare
  6. 74 Monaco 0.059 million SLC per person compare

See the full ranking of 194 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, per in India?
Gross fixed capital formation — value standard local currency, per in India was 0.0704 million SLC per person in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value standard local currency, per recorded in India?
The highest recorded value was 0.0704 million SLC per person in 2024.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in India?
The lowest recorded value was 0.0001 million SLC per person in 1970.
How does India rank for gross fixed capital formation — value standard local currency, per?
India ranks 71st out of 194 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, per rising or falling in India?
Over the last ten years it is up 133.2%. The long-run trend across the full record is volatile.
Where does this India data come from?
The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, per in India. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-per-capita/india/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, per capita
Unit
million SLC per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,949 data points, 1970–2024
Last refreshed

Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.