Gross capital formation reached 820,168 USD bil in 2017 in India, according to the National Statistical Office. This is 18.5 % more than in the previous year.
Historically, gross capital formation in India reached an all time high of 820,168 USD bil in 2017 and an all time low of 5,641 USD bil in 1961. When compared to India's main peers, gross capital formation in Bangladesh amounted to 76,192 USD bil, 5,335,664 USD bil in China, 49,080 USD bil in Pakistan and 32,019 USD bil in Sri Lanka in 2017.
India has been ranked 6th within the group of 158 countries we follow in terms of gross capital formation, 3 places above the position seen 10 years ago.
Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises) less disposals of fixed assets.