India vs United Kingdom: Gross fixed capital formation
Gross fixed capital formation over time
- India
- United Kingdom
How they compare
India currently reports 1.15 trillion constant 2015 US$ against 664.11 billion constant 2015 US$ in United Kingdom, a difference of 486.09 billion constant 2015 US$.
That makes India's figure about 1.7 times United Kingdom's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was United Kingdom ahead.
Globally, India ranks 3rd and United Kingdom ranks 5th of 160 countries.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.