🇮🇳 India Gross fixed capital formation, private sector
India Gross fixed capital formation, private sector was $79.55T in 2023, up 6.9% from 2022, according to World Bank data. The 10-year average is $50.81T. Historical data available from 2010 to 2023 (14 data points). The all-time high was $79.55T in 2023.
Source: World Bank World Development Indicators • 2010–2023 • 14 data points • Economy & Growth
India Gross fixed capital formation, private sector (current LCU) — 2010 to 2023
About this Indicator
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.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $79.55T |
| 2022 | $74.39T |
| 2021 | $61.04T |
| 2020 | $46.57T |
| 2019 | $50.14T |
| 2018 | $49.02T |
| 2017 | $42.03T |
| 2016 | $37.69T |
| 2015 | $34.60T |
| 2014 | $33.08T |
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