Gross Fixed Capital Formation — Value US$ in India
India: Gross Fixed Capital Formation — Value US$ was 1.22 million million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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$ in India is 1.22 million million USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 88.0% over ten years.
Over the whole period, gross fixed capital formation — value us$ in India peaked at 1.22 million million USD in 2024 and was at its lowest, 9,698 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$ in India, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 9,698 million USD | — |
| 1971 | 11,096 million USD | +14.4% |
| 1972 | 12,405 million USD | +11.8% |
| 1973 | 13,816 million USD | +11.4% |
| 1974 | 16,269 million USD | +17.8% |
| 1975 | 18,022 million USD | +10.8% |
| 1976 | 18,944 million USD | +5.1% |
| 1977 | 22,368 million USD | +18.1% |
| 1978 | 26,669 million USD | +19.2% |
| 1979 | 30,951 million USD | +16.1% |
| 1980 | 36,801 million USD | +18.9% |
| 1981 | 39,644 million USD | +7.7% |
| 1982 | 42,952 million USD | +8.3% |
| 1983 | 45,842 million USD | +6.7% |
| 1984 | 46,277 million USD | +0.9% |
| 1985 | 50,157 million USD | +8.4% |
| 1986 | 57,814 million USD | +15.3% |
| 1987 | 68,243 million USD | +18.0% |
| 1988 | 72,723 million USD | +6.6% |
| 1989 | 74,717 million USD | +2.7% |
| 1990 | 85,847 million USD | +14.9% |
| 1991 | 71,590 million USD | -16.6% |
| 1992 | 73,686 million USD | +2.9% |
| 1993 | 67,991 million USD | -7.7% |
| 1994 | 76,506 million USD | +12.5% |
| 1995 | 93,455 million USD | +22.2% |
| 1996 | 96,541 million USD | +3.3% |
| 1997 | 107,876 million USD | +11.7% |
| 1998 | 109,358 million USD | +1.4% |
| 1999 | 130,852 million USD | +19.7% |
| 2000 | 127,263 million USD | -2.7% |
| 2001 | 149,950 million USD | +17.8% |
| 2002 | 148,227 million USD | -1.1% |
| 2003 | 175,270 million USD | +18.2% |
| 2004 | 225,211 million USD | +28.5% |
| 2005 | 279,405 million USD | +24.1% |
| 2006 | 326,639 million USD | +16.9% |
| 2007 | 437,579 million USD | +34.0% |
| 2008 | 457,066 million USD | +4.5% |
| 2009 | 471,190 million USD | +3.1% |
| 2010 | 591,345 million USD | +25.5% |
| 2011 | 696,536 million USD | +17.8% |
| 2012 | 673,453 million USD | -3.3% |
| 2013 | 627,563 million USD | -6.8% |
| 2014 | 648,833 million USD | +3.4% |
| 2015 | 648,554 million USD | -0.0% |
| 2016 | 670,582 million USD | +3.4% |
| 2017 | 776,592 million USD | +15.8% |
| 2018 | 847,284 million USD | +9.1% |
| 2019 | 839,983 million USD | -0.9% |
| 2020 | 769,750 million USD | -8.4% |
| 2021 | 996,328 million USD | +29.4% |
| 2022 | 1.10 million million USD | +10.1% |
| 2023 | 1.16 million million USD | +5.4% |
| 2024 | 1.22 million million USD | +5.6% |
India compared with similar countries
- India's 1.22 million million USD is above the median for lower middle income countries, which is 5,205 million USD, 234.4× the median. (44 countries reporting)
- India's 1.22 million million USD is above the median for South Asia, which is 14,819 million USD, 82.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18,024 million USD | 9,698 million USD | 30,951 million USD | 10 |
| 1980s | 53,517 million USD | 36,801 million USD | 74,717 million USD | 10 |
| 1990s | 91,370 million USD | 67,991 million USD | 130,852 million USD | 10 |
| 2000s | 279,780 million USD | 127,263 million USD | 471,190 million USD | 10 |
| 2010s | 702,072 million USD | 591,345 million USD | 847,284 million USD | 10 |
| 2020s | 1.05 million million USD | 769,750 million USD | 1.22 million million USD | 5 |
Countries ranked near India
- 1 China, mainland 7.79 million million USD compare
- 2 United States 6.29 million million USD compare
- 4 Japan 1.02 million million USD compare
- 5 Germany 983,899 million USD compare
- 6 France 707,095 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)
- 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$), annual growth rate 8.87 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in India?
- Gross fixed capital formation — value us$ in India was 1.22 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$ recorded in India?
- The highest recorded value was 1.22 million million USD in 2024.
- What is the lowest gross fixed capital formation — value us$ recorded in India?
- The lowest recorded value was 9,698 million USD in 1970.
- How does India rank for gross fixed capital formation — value us$?
- India ranks 3rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in India?
- Over the last ten years it is up 88.0%. 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$. Statizoid updates them automatically from the source API.
Download this data
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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).