Gross fixed capital formation, private sector in India

India: Gross fixed capital formation, private sector was 80.37 trillion current LCU in 2023. ▲ Rising

Latest (2023)
80.37 trillion current LCU
Change on year
up 7.2%
World rank
2nd
of 105 countries
All-time high
80.37 trillion current LCU
in 2023
All-time low
19.26 trillion current LCU
in 2010
Years of data
14
2010–2023

Gross fixed capital formation, private sector in India, 2010–2023

20.0T40.0T60.0T80.0T2010201620232010: 19.3T current LCU2011: 26.9T current LCU2012: 29.9T current LCU2013: 31.2T current LCU2014: 33.1T current LCU2015: 34.6T current LCU2016: 37.7T current LCU2017: 42.0T current LCU2018: 49.0T current LCU2019: 50.1T current LCU2020: 46.6T current LCU2021: 61.0T current LCU2022: 75.0T current LCU2023: 80.4T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

In 2023, gross fixed capital formation, private sector in India stood at 80.37 trillion current LCU. That is the highest value across all 14 years on record.

Compared with earlier readings it is up 7.2% on the previous year and up 157.7% over ten years.

Over the whole period, gross fixed capital formation, private sector in India peaked at 80.37 trillion current LCU in 2023 and was at its lowest, 19.26 trillion current LCU, in 2010.

That places India 2nd out of 105 countries with data for 2023, putting it in the top 10%.

The long-run direction has been consistently rising across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.38 trillion current LCU 19.26 trillion current LCU 50.14 trillion current LCU 10
2020s 65.73 trillion current LCU 46.57 trillion current LCU 80.37 trillion current LCU 4

Countries ranked near India

  1. 1 South Korea 635.16 trillion current LCU compare
  2. 3 Chile 76.24 trillion current LCU compare
  3. 4 Tanzania 52.79 trillion current LCU compare
  4. 5 China 43.34 trillion current LCU compare

See the full ranking of 105 places →

More economy & growth data for India

All data for India →

Frequently asked questions

What is gross fixed capital formation, private sector in India?
Gross fixed capital formation, private sector in India was 80.37 trillion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross fixed capital formation, private sector recorded in India?
The highest recorded value was 80.37 trillion current LCU in 2023.
What is the lowest gross fixed capital formation, private sector recorded in India?
The lowest recorded value was 19.26 trillion current LCU in 2010.
How does India rank for gross fixed capital formation, private sector?
India ranks 2nd out of 105 countries with data for 2023.
Is gross fixed capital formation, private sector rising or falling in India?
Over the last ten years it is up 157.7%. The long-run trend across the full record is rising.
Where does this India data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Gross fixed capital formation, private sector (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 3,078 data points, 1960–2025
Last refreshed

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.