India - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in India was 2.38 as of 2016. As the graph below shows, over the past 55 years this indicator reached a maximum value of 23.98 in 2004 and a minimum value of -5.57 in 1991.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 9.51
1962 9.54
1963 13.30
1964 8.63
1965 3.30
1966 0.43
1967 4.97
1968 3.76
1969 0.32
1970 -3.74
1971 10.65
1972 4.97
1973 -1.48
1974 4.79
1975 -0.21
1976 9.97
1977 12.09
1978 4.55
1979 -0.45
1980 7.99
1981 3.99
1982 6.34
1983 6.40
1984 3.58
1985 5.49
1986 9.51
1987 6.00
1988 6.91
1989 7.68
1990 13.60
1991 -5.57
1992 9.00
1993 -0.93
1994 9.46
1995 16.27
1996 3.05
1997 8.89
1998 9.71
1999 7.93
2000 -1.39
2001 15.30
2002 -0.44
2003 10.57
2004 23.98
2005 16.19
2006 13.82
2007 16.20
2008 3.51
2009 7.67
2010 11.00
2011 12.25
2012 4.94
2013 1.56
2014 3.36
2015 6.55
2016 2.38

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts