NAAG Chapter 3B: Gross fixed capital formation by asset type in India
India: NAAG Chapter 3B: Gross fixed capital formation by asset type was 30.43 Percentage of GDP in 2023. ▲ Rising
NAAG Chapter 3B: Gross fixed capital formation by asset type in India, 1970–2023
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
India recorded 30.43 Percentage of GDP for naag chapter 3b: gross fixed capital formation by asset type in 2023.
The figure is down 2.6% on the previous year and down 2.8% over ten years.
Over the whole period, naag chapter 3b: gross fixed capital formation by asset type in India peaked at 35.57 Percentage of GDP in 2007 and was at its lowest, 15.64 Percentage of GDP, in 1970.
That places India 2nd out of 36 countries with data for 2023, putting it in the top 10%.
The long-run direction has been consistently rising across the 54 years of available data.
NAAG Chapter 3B: Gross fixed capital formation by asset type in India, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 1970 | 15.64 Percentage of GDP | — |
| 1971 | 16.86 Percentage of GDP | +7.8% |
| 1972 | 17.36 Percentage of GDP | +2.9% |
| 1973 | 16.26 Percentage of GDP | -6.3% |
| 1974 | 17.3 Percentage of GDP | +6.4% |
| 1975 | 18.66 Percentage of GDP | +7.9% |
| 1976 | 19.39 Percentage of GDP | +3.9% |
| 1977 | 19.56 Percentage of GDP | +0.9% |
| 1978 | 20 Percentage of GDP | +2.2% |
| 1979 | 21.05 Percentage of GDP | +5.2% |
| 1980 | 20.96 Percentage of GDP | -0.4% |
| 1981 | 21.79 Percentage of GDP | +4.0% |
| 1982 | 23.29 Percentage of GDP | +6.9% |
| 1983 | 22.53 Percentage of GDP | -3.2% |
| 1984 | 23.13 Percentage of GDP | +2.7% |
| 1985 | 24.38 Percentage of GDP | +5.4% |
| 1986 | 23.17 Percentage of GDP | -4.9% |
| 1987 | 23.83 Percentage of GDP | +2.8% |
| 1988 | 23.65 Percentage of GDP | -0.8% |
| 1989 | 24.54 Percentage of GDP | +3.8% |
| 1990 | 25.74 Percentage of GDP | +4.9% |
| 1991 | 24.45 Percentage of GDP | -5.0% |
| 1992 | 24.82 Percentage of GDP | +1.5% |
| 1993 | 23.21 Percentage of GDP | -6.5% |
| 1994 | 23.61 Percentage of GDP | +1.7% |
| 1995 | 25.99 Percentage of GDP | +10.1% |
| 1996 | 24.98 Percentage of GDP | -3.9% |
| 1997 | 25.59 Percentage of GDP | +2.5% |
| 1998 | 25.59 Percentage of GDP | -0.0% |
| 1999 | 25.89 Percentage of GDP | +1.2% |
| 2000 | 24.57 Percentage of GDP | -5.1% |
| 2001 | 27.07 Percentage of GDP | +10.2% |
| 2002 | 25.61 Percentage of GDP | -5.4% |
| 2003 | 26.52 Percentage of GDP | +3.6% |
| 2004 | 31.03 Percentage of GDP | +17.0% |
| 2005 | 32.78 Percentage of GDP | +5.6% |
| 2006 | 33.81 Percentage of GDP | +3.2% |
| 2007 | 35.57 Percentage of GDP | +5.2% |
| 2008 | 34.95 Percentage of GDP | -1.7% |
| 2009 | 34.29 Percentage of GDP | -1.9% |
| 2010 | 33.41 Percentage of GDP | -2.6% |
| 2011 | 34.31 Percentage of GDP | +2.7% |
| 2012 | 33.44 Percentage of GDP | -2.6% |
| 2013 | 31.3 Percentage of GDP | -6.4% |
| 2014 | 30.08 Percentage of GDP | -3.9% |
| 2015 | 28.73 Percentage of GDP | -4.5% |
| 2016 | 28.19 Percentage of GDP | -1.9% |
| 2017 | 28.18 Percentage of GDP | -0.0% |
| 2018 | 29.46 Percentage of GDP | +4.6% |
| 2019 | 28.45 Percentage of GDP | -3.4% |
| 2020 | 27.32 Percentage of GDP | -4.0% |
| 2021 | 29.58 Percentage of GDP | +8.2% |
| 2022 | 31.22 Percentage of GDP | +5.6% |
| 2023 | 30.43 Percentage of GDP | -2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.21 Percentage of GDP | 15.64 Percentage of GDP | 21.05 Percentage of GDP | 10 |
| 1980s | 23.13 Percentage of GDP | 20.96 Percentage of GDP | 24.54 Percentage of GDP | 10 |
| 1990s | 24.99 Percentage of GDP | 23.21 Percentage of GDP | 25.99 Percentage of GDP | 10 |
| 2000s | 30.62 Percentage of GDP | 24.57 Percentage of GDP | 35.57 Percentage of GDP | 10 |
| 2010s | 30.56 Percentage of GDP | 28.18 Percentage of GDP | 34.31 Percentage of GDP | 10 |
| 2020s | 29.64 Percentage of GDP | 27.32 Percentage of GDP | 31.22 Percentage of GDP | 4 |
Countries ranked near India
- 1 China 39.87 Percentage of GDP compare
- 1 Türkiye 30.59 Percentage of GDP compare
- 2 Estonia 24.22 Percentage of GDP compare
- 3 Latvia 23.47 Percentage of GDP compare
- 3 Indonesia 28.77 Percentage of GDP compare
- 4 Japan 27.81 Percentage of GDP compare
- 4 Lithuania 22.94 Percentage of GDP compare
- 5 Iceland 26.66 Percentage of GDP compare
More reference data data for India
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 20.88 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 68.88 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 246.78 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 15.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 246.78 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 70.02 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 19.71 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 309.05 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 1,063 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 85.03 (2050)
Frequently asked questions
- What is naag chapter 3b: gross fixed capital formation by asset type in India?
- Naag chapter 3b: gross fixed capital formation by asset type in India was 30.43 Percentage of GDP in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest naag chapter 3b: gross fixed capital formation by asset type recorded in India?
- The highest recorded value was 35.57 Percentage of GDP in 2007.
- What is the lowest naag chapter 3b: gross fixed capital formation by asset type recorded in India?
- The lowest recorded value was 15.64 Percentage of GDP in 1970.
- How does India rank for naag chapter 3b: gross fixed capital formation by asset type?
- India ranks 2nd out of 36 countries with data for 2023.
- Is naag chapter 3b: gross fixed capital formation by asset type rising or falling in India?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is rising.
- Where does this India data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of NAAG Chapter 3B: Gross fixed capital formation by asset type. Statizoid updates them automatically from the source API.
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About this data
The National Accounts at a Glance (NAAG) is based on the original publication and has nine chapters: The first chapter focuses on indicators of Gross Domestic Product (GDP). The second is about income and related indicators and presents measures of net national income, savings and net lending/net borrowing. The third chapter looks at the expenditure approach to GDP, with information on the key components of demand and imports. The fourth chapter presents indicators from a production perspective. The fifth chapter looks at household sector indicators such as household disposable income, saving and net worth. The sixth chapter focuses on general government, presenting indicators such as general government revenue, expenditure and gross debt. The seventh chapter looks at financial and non-financial corporations. The eighth chapter presents indicators of capital stock and depreciation. Finally, chapter 9 provides reference indicators, important in their own right but also because they are used in the construction of many of the indicators presented elsewhere in NAAG.