Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 41.25 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
41.25 million SLC per square kilometre
Change on year
down 8.9%
World rank
24th
of 194 countries
All-time high
69.72 million SLC per square kilometre
in 2017
All-time low
4.06 million SLC per square kilometre
in 1971
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Sri Lanka, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Sri Lanka stood at 41.25 million SLC per square kilometre.
The figure is down 8.9% on the previous year and down 19.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Sri Lanka peaked at 69.72 million SLC per square kilometre in 2017 and was at its lowest, 4.06 million SLC per square kilometre, in 1971.
Sri Lanka ranks 24th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Sri Lanka, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 4.24 million SLC per square kilometre | — |
| 1971 | 4.06 million SLC per square kilometre | -4.2% |
| 1972 | 4.39 million SLC per square kilometre | +8.1% |
| 1973 | 4.39 million SLC per square kilometre | -0.1% |
| 1974 | 4.61 million SLC per square kilometre | +5.1% |
| 1975 | 4.85 million SLC per square kilometre | +5.2% |
| 1976 | 5.64 million SLC per square kilometre | +16.2% |
| 1977 | 5.56 million SLC per square kilometre | -1.4% |
| 1978 | 7.18 million SLC per square kilometre | +29.2% |
| 1979 | 8.13 million SLC per square kilometre | +13.2% |
| 1980 | 9.47 million SLC per square kilometre | +16.6% |
| 1981 | 10.01 million SLC per square kilometre | +5.7% |
| 1982 | 10.18 million SLC per square kilometre | +1.6% |
| 1983 | 10.04 million SLC per square kilometre | -1.4% |
| 1984 | 9.16 million SLC per square kilometre | -8.8% |
| 1985 | 9.09 million SLC per square kilometre | -0.7% |
| 1986 | 8.86 million SLC per square kilometre | -2.6% |
| 1987 | 9.5 million SLC per square kilometre | +7.3% |
| 1988 | 8.76 million SLC per square kilometre | -7.7% |
| 1989 | 8.55 million SLC per square kilometre | -2.4% |
| 1990 | 8.94 million SLC per square kilometre | +4.6% |
| 1991 | 9.74 million SLC per square kilometre | +8.9% |
| 1992 | 10.17 million SLC per square kilometre | +4.5% |
| 1993 | 11.58 million SLC per square kilometre | +13.8% |
| 1994 | 12.31 million SLC per square kilometre | +6.3% |
| 1995 | 12.22 million SLC per square kilometre | -0.7% |
| 1996 | 12.88 million SLC per square kilometre | +5.4% |
| 1997 | 13.63 million SLC per square kilometre | +5.8% |
| 1998 | 15.13 million SLC per square kilometre | +11.0% |
| 1999 | 15.35 million SLC per square kilometre | +1.5% |
| 2000 | 16.47 million SLC per square kilometre | +7.3% |
| 2001 | 14.31 million SLC per square kilometre | -13.1% |
| 2002 | 15.12 million SLC per square kilometre | +5.6% |
| 2003 | 17.2 million SLC per square kilometre | +13.8% |
| 2004 | 20.27 million SLC per square kilometre | +17.8% |
| 2005 | 22.26 million SLC per square kilometre | +9.8% |
| 2006 | 25.47 million SLC per square kilometre | +14.4% |
| 2007 | 28.29 million SLC per square kilometre | +11.1% |
| 2008 | 30.19 million SLC per square kilometre | +6.7% |
| 2009 | 31.73 million SLC per square kilometre | +5.1% |
| 2010 | 35.1 million SLC per square kilometre | +10.6% |
| 2011 | 42.06 million SLC per square kilometre | +19.8% |
| 2012 | 47.81 million SLC per square kilometre | +13.7% |
| 2013 | 51.45 million SLC per square kilometre | +7.6% |
| 2014 | 51.07 million SLC per square kilometre | -0.7% |
| 2015 | 53.62 million SLC per square kilometre | +5.0% |
| 2016 | 61.73 million SLC per square kilometre | +15.1% |
| 2017 | 69.72 million SLC per square kilometre | +12.9% |
| 2018 | 69.62 million SLC per square kilometre | -0.1% |
| 2019 | 61.18 million SLC per square kilometre | -12.1% |
| 2020 | 56.37 million SLC per square kilometre | -7.9% |
| 2021 | 60.03 million SLC per square kilometre | +6.5% |
| 2022 | 45.29 million SLC per square kilometre | -24.5% |
| 2023 | 41.25 million SLC per square kilometre | -8.9% |
Sri Lanka compared with similar countries
- Sri Lanka's 41.25 million SLC per square kilometre is above the median for upper middle income countries, which is 0.9583 million SLC per square kilometre, 43.0× the median. (54 countries reporting)
- Sri Lanka's 41.25 million SLC per square kilometre is above the median for South Asia, which is 32.24 million SLC per square kilometre, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.3 million SLC per square kilometre | 4.06 million SLC per square kilometre | 8.13 million SLC per square kilometre | 10 |
| 1980s | 9.36 million SLC per square kilometre | 8.55 million SLC per square kilometre | 10.18 million SLC per square kilometre | 10 |
| 1990s | 12.2 million SLC per square kilometre | 8.94 million SLC per square kilometre | 15.35 million SLC per square kilometre | 10 |
| 2000s | 22.13 million SLC per square kilometre | 14.31 million SLC per square kilometre | 31.73 million SLC per square kilometre | 10 |
| 2010s | 54.34 million SLC per square kilometre | 35.1 million SLC per square kilometre | 69.72 million SLC per square kilometre | 10 |
| 2020s | 50.74 million SLC per square kilometre | 41.25 million SLC per square kilometre | 60.03 million SLC per square kilometre | 4 |
Countries ranked near Sri Lanka
- 21 Mauritius 53.76 million SLC per square kilometre compare
- 22 Maldives 51.74 million SLC per square kilometre compare
- 23 Iraq 47.32 million SLC per square kilometre compare
- 25 French Polynesia 40.18 million SLC per square kilometre compare
- 26 Myanmar 38.85 million SLC per square kilometre compare
- 27 Cote d'Ivoire 37.56 million SLC per square kilometre compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 110.33 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0011 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 761.14 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 34.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Sri Lanka?
- Gross fixed capital formation — value standard local currency, 2015 in Sri Lanka was 41.25 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Sri Lanka?
- The highest recorded value was 69.72 million SLC per square kilometre in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Sri Lanka?
- The lowest recorded value was 4.06 million SLC per square kilometre in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value standard local currency, 2015?
- Sri Lanka ranks 24th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Sri Lanka?
- Over the last ten years it is down 19.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.