Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in India

India: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 6.13 % change on previous year in 2024. ◆ Volatile

Latest (2024)
6.13 % change on previous year
Change on year
down 35.4%
World rank
46th
of 235 countries
All-time high
21.31 % change on previous year
in 2001
All-time low
-7.7 % change on previous year
in 1991
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in India, 1971–2024

-1001020197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in India is 6.13 % change on previous year, measured in 2024.

The figure is down 35.4% on the previous year and up 67.8% over ten years.

Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in India peaked at 21.31 % change on previous year in 2001 and was at its lowest, -7.7 % change on previous year, in 1991.

That places India 46th out of 235 countries with data for 2024, 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 US$, 2015 prices, annual growth in India, year by year

Annual values for Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate in India, 1971 to 2024.
Year % change on previous year Change
1971 10.4 % change on previous year
1972 4.3 % change on previous year -58.7%
1973 -2.64 % change on previous year -161.4%
1974 3.85 % change on previous year -245.9%
1975 -1.79 % change on previous year -146.6%
1976 10.93 % change on previous year -709.2%
1977 13.52 % change on previous year +23.7%
1978 5.17 % change on previous year -61.8%
1979 -0.065 % change on previous year -101.3%
1980 2.38 % change on previous year -3762.6%
1981 -0.1262 % change on previous year -105.3%
1982 5.65 % change on previous year -4574.3%
1983 7.33 % change on previous year +29.8%
1984 1.67 % change on previous year -77.3%
1985 4.61 % change on previous year +176.4%
1986 9.53 % change on previous year +106.9%
1987 11.05 % change on previous year +15.9%
1988 3.46 % change on previous year -68.7%
1989 8.73 % change on previous year +152.1%
1990 16.48 % change on previous year +88.8%
1991 -7.7 % change on previous year -146.7%
1992 10.6 % change on previous year -237.6%
1993 -0.8258 % change on previous year -107.8%
1994 5.76 % change on previous year -797.4%
1995 12.12 % change on previous year +110.4%
1996 4.7 % change on previous year -61.2%
1997 9.1 % change on previous year +93.5%
1998 10.62 % change on previous year +16.7%
1999 20.88 % change on previous year +96.6%
2000 -2.01 % change on previous year -109.6%
2001 21.31 % change on previous year -1159.2%
2002 -0.8029 % change on previous year -103.8%
2003 6.6 % change on previous year -922.3%
2004 13.18 % change on previous year +99.7%
2005 15.5 % change on previous year +17.5%
2006 13.86 % change on previous year -10.5%
2007 15.73 % change on previous year +13.4%
2008 4.14 % change on previous year -73.7%
2009 10.09 % change on previous year +143.7%
2010 12.53 % change on previous year +24.1%
2011 11.65 % change on previous year -7.0%
2012 4.77 % change on previous year -59.1%
2013 -1.82 % change on previous year -138.1%
2014 3.66 % change on previous year -301.0%
2015 6.12 % change on previous year +67.4%
2016 7.09 % change on previous year +15.9%
2017 9.05 % change on previous year +27.5%
2018 10.17 % change on previous year +12.4%
2019 0.526 % change on previous year -94.8%
2020 -5.82 % change on previous year -1206.1%
2021 18.24 % change on previous year -413.4%
2022 5.25 % change on previous year -71.2%
2023 9.49 % change on previous year +80.7%
2024 6.13 % change on previous year -35.4%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in India changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1982 +4574.3% -0.1262 % change on previous year 5.65 % change on previous year
1980 +3762.6% -0.065 % change on previous year 2.38 % change on previous year
2020 -1206.1% 0.526 % change on previous year -5.82 % change on previous year
2001 +1159.2% -2.01 % change on previous year 21.31 % change on previous year
2003 +922.3% -0.8029 % change on previous year 6.6 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.85 % change on previous year -2.64 % change on previous year 13.52 % change on previous year 9
1980s 5.43 % change on previous year -0.1262 % change on previous year 11.05 % change on previous year 10
1990s 8.17 % change on previous year -7.7 % change on previous year 20.88 % change on previous year 10
2000s 9.76 % change on previous year -2.01 % change on previous year 21.31 % change on previous year 10
2010s 6.37 % change on previous year -1.82 % change on previous year 12.53 % change on previous year 10
2020s 6.66 % change on previous year -5.82 % change on previous year 18.24 % change on previous year 5

Countries ranked near India

  1. 43 Serbia 6.52 % change on previous year compare
  2. 44 Philippines 6.32 % change on previous year compare
  3. 45 Honduras 6.16 % change on previous year compare
  4. 47 Vanuatu 6.05 % change on previous year compare
  5. 48 Russia 6 % change on previous year compare
  6. 48 Russian Federation 6 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross fixed capital formation — value us$, 2015 prices, annual growth in India?
Gross fixed capital formation — value us$, 2015 prices, annual growth in India was 6.13 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in India?
The highest recorded value was 21.31 % change on previous year in 2001.
What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in India?
The lowest recorded value was -7.7 % change on previous year in 1991.
How does India rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
India ranks 46th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in India?
Over the last ten years it is up 67.8%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in India. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-us-2015-prices-annual-growth-rate/india/

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,249 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.