Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in India
India: Gross Fixed Capital Formation — Value US$, 2015 prices was 1.14 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in India, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in India is 1.14 million million USD, measured in 2024. 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 us$, 2015 prices in India peaked at 1.14 million million USD in 2024 and was at its lowest, 33,705 million USD, in 1970.
That places India 3rd out of 235 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 33,705 million USD | — |
| 1971 | 37,210 million USD | +10.4% |
| 1972 | 38,809 million USD | +4.3% |
| 1973 | 37,786 million USD | -2.6% |
| 1974 | 39,239 million USD | +3.8% |
| 1975 | 38,535 million USD | -1.8% |
| 1976 | 42,748 million USD | +10.9% |
| 1977 | 48,529 million USD | +13.5% |
| 1978 | 51,039 million USD | +5.2% |
| 1979 | 51,006 million USD | -0.1% |
| 1980 | 52,221 million USD | +2.4% |
| 1981 | 52,155 million USD | -0.1% |
| 1982 | 55,100 million USD | +5.6% |
| 1983 | 59,140 million USD | +7.3% |
| 1984 | 60,125 million USD | +1.7% |
| 1985 | 62,894 million USD | +4.6% |
| 1986 | 68,888 million USD | +9.5% |
| 1987 | 76,498 million USD | +11.0% |
| 1988 | 79,146 million USD | +3.5% |
| 1989 | 86,055 million USD | +8.7% |
| 1990 | 100,236 million USD | +16.5% |
| 1991 | 92,514 million USD | -7.7% |
| 1992 | 102,321 million USD | +10.6% |
| 1993 | 101,476 million USD | -0.8% |
| 1994 | 107,320 million USD | +5.8% |
| 1995 | 120,327 million USD | +12.1% |
| 1996 | 125,986 million USD | +4.7% |
| 1997 | 137,449 million USD | +9.1% |
| 1998 | 152,044 million USD | +10.6% |
| 1999 | 183,787 million USD | +20.9% |
| 2000 | 180,090 million USD | -2.0% |
| 2001 | 218,460 million USD | +21.3% |
| 2002 | 216,706 million USD | -0.8% |
| 2003 | 231,014 million USD | +6.6% |
| 2004 | 261,471 million USD | +13.2% |
| 2005 | 301,990 million USD | +15.5% |
| 2006 | 343,859 million USD | +13.9% |
| 2007 | 397,944 million USD | +15.7% |
| 2008 | 414,424 million USD | +4.1% |
| 2009 | 456,246 million USD | +10.1% |
| 2010 | 513,405 million USD | +12.5% |
| 2011 | 573,192 million USD | +11.6% |
| 2012 | 600,518 million USD | +4.8% |
| 2013 | 589,597 million USD | -1.8% |
| 2014 | 611,152 million USD | +3.7% |
| 2015 | 648,554 million USD | +6.1% |
| 2016 | 694,553 million USD | +7.1% |
| 2017 | 757,384 million USD | +9.0% |
| 2018 | 834,408 million USD | +10.2% |
| 2019 | 838,797 million USD | +0.5% |
| 2020 | 789,997 million USD | -5.8% |
| 2021 | 934,058 million USD | +18.2% |
| 2022 | 983,117 million USD | +5.3% |
| 2023 | 1.08 million million USD | +9.5% |
| 2024 | 1.14 million million USD | +6.1% |
India compared with similar countries
- India's 1.14 million million USD is above the median for lower middle income countries, which is 5,259 million USD, 217.2× the median. (44 countries reporting)
- India's 1.14 million million USD is above the median for South Asia, which is 16,257 million USD, 70.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 41,861 million USD | 33,705 million USD | 51,039 million USD | 10 |
| 1980s | 65,222 million USD | 52,155 million USD | 86,055 million USD | 10 |
| 1990s | 122,346 million USD | 92,514 million USD | 183,787 million USD | 10 |
| 2000s | 302,220 million USD | 180,090 million USD | 456,246 million USD | 10 |
| 2010s | 666,156 million USD | 513,405 million USD | 838,797 million USD | 10 |
| 2020s | 985,208 million USD | 789,997 million USD | 1.14 million million USD | 5 |
Countries ranked near India
- 1 China, mainland 7.21 million million USD compare
- 2 United States 5.04 million million USD compare
- 4 Japan 1.14 million million USD compare
- 5 USSR 772,035 million USD compare
- 6 Germany 725,286 million USD 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)
- SDRs holdings, US dollar, annual growth rate 5.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0047 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 12.83 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.0511 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 9.37 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 2.33 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0033 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in India?
- Gross fixed capital formation — value us$, 2015 prices in India was 1.14 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in India?
- The highest recorded value was 1.14 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in India?
- The lowest recorded value was 33,705 million USD in 1970.
- How does India rank for gross fixed capital formation — value us$, 2015 prices?
- India ranks 3rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).