Gross Fixed Capital Formation — Value US$, 2015 prices, per square in India
India: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.362 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.362 million USD per square kilometre
Change on year
up 9.5%
World rank
59th
of 194 countries
All-time high
0.362 million USD per square kilometre
in 2023
All-time low
0.0113 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in India, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
India recorded 0.362 million USD per square kilometre for gross fixed capital formation — value us$, 2015 prices, per square in 2023. That is the highest value across all 54 years on record.
That represents a change of up 9.5% on the previous year and up 82.6% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in India peaked at 0.362 million USD per square kilometre in 2023 and was at its lowest, 0.0113 million USD per square kilometre, in 1970.
That places India 59th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in India, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0113 million USD per square kilometre | — |
| 1971 | 0.0125 million USD per square kilometre | +10.4% |
| 1972 | 0.0131 million USD per square kilometre | +4.3% |
| 1973 | 0.0127 million USD per square kilometre | -2.6% |
| 1974 | 0.0132 million USD per square kilometre | +3.8% |
| 1975 | 0.013 million USD per square kilometre | -1.8% |
| 1976 | 0.0144 million USD per square kilometre | +10.9% |
| 1977 | 0.0163 million USD per square kilometre | +13.5% |
| 1978 | 0.0172 million USD per square kilometre | +5.2% |
| 1979 | 0.0172 million USD per square kilometre | -0.1% |
| 1980 | 0.0176 million USD per square kilometre | +2.4% |
| 1981 | 0.0175 million USD per square kilometre | -0.1% |
| 1982 | 0.0185 million USD per square kilometre | +5.6% |
| 1983 | 0.0199 million USD per square kilometre | +7.3% |
| 1984 | 0.0202 million USD per square kilometre | +1.7% |
| 1985 | 0.0212 million USD per square kilometre | +4.6% |
| 1986 | 0.0232 million USD per square kilometre | +9.5% |
| 1987 | 0.0257 million USD per square kilometre | +11.0% |
| 1988 | 0.0266 million USD per square kilometre | +3.5% |
| 1989 | 0.0289 million USD per square kilometre | +8.7% |
| 1990 | 0.0337 million USD per square kilometre | +16.5% |
| 1991 | 0.0311 million USD per square kilometre | -7.7% |
| 1992 | 0.0344 million USD per square kilometre | +10.6% |
| 1993 | 0.0341 million USD per square kilometre | -0.8% |
| 1994 | 0.0361 million USD per square kilometre | +5.8% |
| 1995 | 0.0405 million USD per square kilometre | +12.1% |
| 1996 | 0.0424 million USD per square kilometre | +4.7% |
| 1997 | 0.0462 million USD per square kilometre | +9.1% |
| 1998 | 0.0511 million USD per square kilometre | +10.6% |
| 1999 | 0.0618 million USD per square kilometre | +20.9% |
| 2000 | 0.0606 million USD per square kilometre | -2.0% |
| 2001 | 0.0735 million USD per square kilometre | +21.3% |
| 2002 | 0.0729 million USD per square kilometre | -0.8% |
| 2003 | 0.0777 million USD per square kilometre | +6.6% |
| 2004 | 0.0879 million USD per square kilometre | +13.2% |
| 2005 | 0.1016 million USD per square kilometre | +15.5% |
| 2006 | 0.1157 million USD per square kilometre | +13.9% |
| 2007 | 0.1338 million USD per square kilometre | +15.7% |
| 2008 | 0.1394 million USD per square kilometre | +4.1% |
| 2009 | 0.1535 million USD per square kilometre | +10.1% |
| 2010 | 0.1727 million USD per square kilometre | +12.5% |
| 2011 | 0.1928 million USD per square kilometre | +11.6% |
| 2012 | 0.202 million USD per square kilometre | +4.8% |
| 2013 | 0.1983 million USD per square kilometre | -1.8% |
| 2014 | 0.2056 million USD per square kilometre | +3.7% |
| 2015 | 0.2181 million USD per square kilometre | +6.1% |
| 2016 | 0.2336 million USD per square kilometre | +7.1% |
| 2017 | 0.2547 million USD per square kilometre | +9.0% |
| 2018 | 0.2806 million USD per square kilometre | +10.2% |
| 2019 | 0.2821 million USD per square kilometre | +0.5% |
| 2020 | 0.2657 million USD per square kilometre | -5.8% |
| 2021 | 0.3142 million USD per square kilometre | +18.2% |
| 2022 | 0.3307 million USD per square kilometre | +5.3% |
| 2023 | 0.362 million USD per square kilometre | +9.5% |
India compared with similar countries
- India's 0.362 million USD per square kilometre is above the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 9.1× the median. (44 countries reporting)
- India's 0.362 million USD per square kilometre is above the median for South Asia, which is 0.3328 million USD per square kilometre, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0141 million USD per square kilometre | 0.0113 million USD per square kilometre | 0.0172 million USD per square kilometre | 10 |
| 1980s | 0.0219 million USD per square kilometre | 0.0175 million USD per square kilometre | 0.0289 million USD per square kilometre | 10 |
| 1990s | 0.0411 million USD per square kilometre | 0.0311 million USD per square kilometre | 0.0618 million USD per square kilometre | 10 |
| 2000s | 0.1016 million USD per square kilometre | 0.0606 million USD per square kilometre | 0.1535 million USD per square kilometre | 10 |
| 2010s | 0.2241 million USD per square kilometre | 0.1727 million USD per square kilometre | 0.2821 million USD per square kilometre | 10 |
| 2020s | 0.3181 million USD per square kilometre | 0.2657 million USD per square kilometre | 0.362 million USD per square kilometre | 4 |
Countries ranked near India
- 56 Hungary 0.3952 million USD per square kilometre compare
- 57 Vietnam 0.3858 million USD per square kilometre compare
- 58 French Polynesia 0.3736 million USD per square kilometre compare
- 60 Sweden 0.3429 million USD per square kilometre compare
- 61 Philippines 0.3396 million USD per square kilometre compare
- 62 Panama 0.331 million USD per square kilometre compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 35.69 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 24.38 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 39.10 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0099 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in India?
- Gross fixed capital formation — value us$, 2015 prices, per square in India was 0.362 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in India?
- The highest recorded value was 0.362 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in India?
- The lowest recorded value was 0.0113 million USD per square kilometre in 1970.
- How does India rank for gross fixed capital formation — value us$, 2015 prices, per square?
- India ranks 59th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in India?
- Over the last ten years it is up 82.6%. The long-run trend across the full record is volatile.
- Where does this India data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 2015 prices 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.