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

India: Gross Fixed Capital Formation — Value Standard Local Currency, per was 32.11 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
32.11 million SLC per square kilometre
Change on year
up 10.7%
World rank
36th
of 194 countries
All-time high
32.11 million SLC per square kilometre
in 2023
All-time low
0.0245 million SLC per square kilometre
in 1970
Years of data
54
1970–2023

Gross Fixed Capital Formation — Value Standard Local Currency, per in India, 1970–2023

0102030197019962023

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

Analysis

India recorded 32.11 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.

That represents a change of up 10.7% on the previous year and up 159.6% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, per in India peaked at 32.11 million SLC per square kilometre in 2023 and was at its lowest, 0.0245 million SLC per square kilometre, in 1970.

That places India 36th out of 194 countries with data for 2023, putting it in the top quarter.

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 square kilometre in India, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.0245 million SLC per square kilometre
1971 0.028 million SLC per square kilometre +14.3%
1972 0.0317 million SLC per square kilometre +13.3%
1973 0.036 million SLC per square kilometre +13.5%
1974 0.0443 million SLC per square kilometre +23.2%
1975 0.0508 million SLC per square kilometre +14.5%
1976 0.0571 million SLC per square kilometre +12.5%
1977 0.0657 million SLC per square kilometre +15.1%
1978 0.0735 million SLC per square kilometre +11.8%
1979 0.0846 million SLC per square kilometre +15.1%
1980 0.0973 million SLC per square kilometre +15.1%
1981 0.1155 million SLC per square kilometre +18.6%
1982 0.1366 million SLC per square kilometre +18.3%
1983 0.1557 million SLC per square kilometre +14.0%
1984 0.1769 million SLC per square kilometre +13.6%
1985 0.2087 million SLC per square kilometre +18.0%
1986 0.2452 million SLC per square kilometre +17.5%
1987 0.2975 million SLC per square kilometre +21.3%
1988 0.3404 million SLC per square kilometre +14.4%
1989 0.4078 million SLC per square kilometre +19.8%
1990 0.5054 million SLC per square kilometre +23.9%
1991 0.5476 million SLC per square kilometre +8.4%
1992 0.6423 million SLC per square kilometre +17.3%
1993 0.6973 million SLC per square kilometre +8.6%
1994 0.8073 million SLC per square kilometre +15.8%
1995 1.02 million SLC per square kilometre +26.3%
1996 1.15 million SLC per square kilometre +12.9%
1997 1.32 million SLC per square kilometre +14.5%
1998 1.52 million SLC per square kilometre +15.2%
1999 1.89 million SLC per square kilometre +24.9%
2000 1.92 million SLC per square kilometre +1.5%
2001 2.38 million SLC per square kilometre +23.7%
2002 2.42 million SLC per square kilometre +1.8%
2003 2.75 million SLC per square kilometre +13.3%
2004 3.43 million SLC per square kilometre +25.0%
2005 4.14 million SLC per square kilometre +20.7%
2006 4.98 million SLC per square kilometre +20.1%
2007 6.09 million SLC per square kilometre +22.3%
2008 6.69 million SLC per square kilometre +9.9%
2009 7.67 million SLC per square kilometre +14.7%
2010 9.09 million SLC per square kilometre +18.6%
2011 10.93 million SLC per square kilometre +20.2%
2012 12.1 million SLC per square kilometre +10.7%
2013 12.37 million SLC per square kilometre +2.2%
2014 13.32 million SLC per square kilometre +7.7%
2015 13.99 million SLC per square kilometre +5.1%
2016 15.16 million SLC per square kilometre +8.3%
2017 17.01 million SLC per square kilometre +12.2%
2018 19.49 million SLC per square kilometre +14.6%
2019 19.9 million SLC per square kilometre +2.1%
2020 19.18 million SLC per square kilometre -3.6%
2021 24.77 million SLC per square kilometre +29.1%
2022 29 million SLC per square kilometre +17.1%
2023 32.11 million SLC per square kilometre +10.7%

India compared with similar countries

  • India's 32.11 million SLC per square kilometre is above the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 8.0× the median. (44 countries reporting)
  • India's 32.11 million SLC per square kilometre is below the median for South Asia, which is 56.43 million SLC per square kilometre, 57% of the median. (6 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0496 million SLC per square kilometre 0.0245 million SLC per square kilometre 0.0846 million SLC per square kilometre 10
1980s 0.2181 million SLC per square kilometre 0.0973 million SLC per square kilometre 0.4078 million SLC per square kilometre 10
1990s 1.01 million SLC per square kilometre 0.5054 million SLC per square kilometre 1.89 million SLC per square kilometre 10
2000s 4.25 million SLC per square kilometre 1.92 million SLC per square kilometre 7.67 million SLC per square kilometre 10
2010s 14.34 million SLC per square kilometre 9.09 million SLC per square kilometre 19.9 million SLC per square kilometre 10
2020s 26.27 million SLC per square kilometre 19.18 million SLC per square kilometre 32.11 million SLC per square kilometre 4

Countries ranked near India

  1. 33 French Polynesia 39.79 million SLC per square kilometre compare
  2. 34 Cote d'Ivoire 38.28 million SLC per square kilometre compare
  3. 35 Senegal 35.02 million SLC per square kilometre compare
  4. 37 Equatorial Guinea 28.29 million SLC per square kilometre compare
  5. 38 Sint Maarten (Dutch part) 27.7 million SLC per square kilometre compare
  6. 39 Czechia 27.07 million SLC per square kilometre 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 32.11 million SLC per square kilometre in 2023, 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 32.11 million SLC per square kilometre in 2023.
What is the lowest gross fixed capital formation — value standard local currency, per recorded in India?
The lowest recorded value was 0.0245 million SLC per square kilometre in 1970.
How does India rank for gross fixed capital formation — value standard local currency, per?
India ranks 36th out of 194 countries with data for 2023.
Is gross fixed capital formation — value standard local currency, per rising or falling in India?
Over the last ten years it is up 159.6%. 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 square kilometre. 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-square-kilometre/india/

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How this figure is calculated

Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)

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 square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,587 data points, 1970–2023
Last refreshed

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