Annual growth of the gross capital formation in Sri Lanka
Sri Lanka: Annual growth of the gross capital formation was 21.1% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Sri Lanka, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of the gross capital formation in Sri Lanka stood at 21.1%. That is the highest value across all 19 years on record.
The figure is up 468.5% on the previous year and up 75.4% over ten years.
Over the whole period, annual growth of the gross capital formation in Sri Lanka peaked at 21.1% in 2024 and was at its lowest, -40.6%, in 2022.
Sri Lanka ranks 13th of 167 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 9.9% | — |
| 2001 | -17.5% | -276.3% |
| 2002 | 12.2% | -169.5% |
| 2003 | 12.0% | -1.3% |
| 2004 | 8.8% | -27.0% |
| 2005 | 8.7% | -0.3% |
| 2006 | 14.0% | +60.3% |
| 2007 | 6.8% | -51.1% |
| 2008 | 3.0% | -56.2% |
| 2009 | 3.0% | -1.0% |
| 2016 | 12.0% | +306.1% |
| 2017 | 18.3% | +52.6% |
| 2018 | -5.4% | -129.7% |
| 2019 | -11.9% | +119.3% |
| 2020 | -0.6% | -94.7% |
| 2021 | 6.4% | -1114.3% |
| 2022 | -40.6% | -735.1% |
| 2023 | -5.7% | -85.9% |
| 2024 | 21.1% | -468.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | -17.5% | 14.0% | 10 |
| 2010s | 3.2% | -11.9% | 18.3% | 4 |
| 2020s | -3.9% | -40.6% | 21.1% | 5 |
Countries ranked near Sri Lanka
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- Gross capital formation (current US$), annual growth rate 22.92 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2965 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 1,483 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 22.45 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 89.22 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 446,273 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 9.78 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2244 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Sri Lanka?
- Annual growth of the gross capital formation in Sri Lanka was 21.1% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Sri Lanka?
- The highest recorded value was 21.1% in 2024.
- What is the lowest annual growth of the gross capital formation recorded in Sri Lanka?
- The lowest recorded value was -40.6% in 2022.
- How does Sri Lanka rank for annual growth of the gross capital formation?
- Sri Lanka ranks 13th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Sri Lanka?
- Over the last ten years it is up 75.4%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).