Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 3.05 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Sri Lanka, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Sri Lanka stood at 3.05 million million SLC.
Compared with earlier readings it is up 19.4% on the previous year and down 4.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Sri Lanka peaked at 4.32 million million SLC in 2017 and was at its lowest, 254,834 million SLC, in 1971.
That places Sri Lanka 35th out of 194 countries with data for 2024, putting it 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 | Change |
|---|---|---|
| 1970 | 265,999 million SLC | — |
| 1971 | 254,834 million SLC | -4.2% |
| 1972 | 275,411 million SLC | +8.1% |
| 1973 | 275,170 million SLC | -0.1% |
| 1974 | 289,335 million SLC | +5.1% |
| 1975 | 304,247 million SLC | +5.2% |
| 1976 | 353,480 million SLC | +16.2% |
| 1977 | 348,400 million SLC | -1.4% |
| 1978 | 450,131 million SLC | +29.2% |
| 1979 | 509,574 million SLC | +13.2% |
| 1980 | 594,012 million SLC | +16.6% |
| 1981 | 627,980 million SLC | +5.7% |
| 1982 | 638,208 million SLC | +1.6% |
| 1983 | 629,467 million SLC | -1.4% |
| 1984 | 574,149 million SLC | -8.8% |
| 1985 | 570,281 million SLC | -0.7% |
| 1986 | 555,412 million SLC | -2.6% |
| 1987 | 595,723 million SLC | +7.3% |
| 1988 | 549,567 million SLC | -7.7% |
| 1989 | 536,245 million SLC | -2.4% |
| 1990 | 560,913 million SLC | +4.6% |
| 1991 | 610,568 million SLC | +8.9% |
| 1992 | 637,905 million SLC | +4.5% |
| 1993 | 725,897 million SLC | +13.8% |
| 1994 | 771,918 million SLC | +6.3% |
| 1995 | 766,449 million SLC | -0.7% |
| 1996 | 807,926 million SLC | +5.4% |
| 1997 | 854,916 million SLC | +5.8% |
| 1998 | 948,741 million SLC | +11.0% |
| 1999 | 962,523 million SLC | +1.5% |
| 2000 | 1.03 million million SLC | +7.3% |
| 2001 | 897,285 million SLC | -13.1% |
| 2002 | 947,940 million SLC | +5.6% |
| 2003 | 1.08 million million SLC | +13.8% |
| 2004 | 1.27 million million SLC | +17.8% |
| 2005 | 1.40 million million SLC | +9.8% |
| 2006 | 1.60 million million SLC | +14.4% |
| 2007 | 1.77 million million SLC | +11.1% |
| 2008 | 1.89 million million SLC | +6.7% |
| 2009 | 1.99 million million SLC | +5.1% |
| 2010 | 2.20 million million SLC | +10.6% |
| 2011 | 2.64 million million SLC | +19.8% |
| 2012 | 3.00 million million SLC | +13.7% |
| 2013 | 3.23 million million SLC | +7.6% |
| 2014 | 3.20 million million SLC | -0.7% |
| 2015 | 3.32 million million SLC | +3.6% |
| 2016 | 3.82 million million SLC | +15.1% |
| 2017 | 4.32 million million SLC | +12.9% |
| 2018 | 4.31 million million SLC | -0.2% |
| 2019 | 3.79 million million SLC | -12.1% |
| 2020 | 3.49 million million SLC | -7.9% |
| 2021 | 3.71 million million SLC | +6.5% |
| 2022 | 2.80 million million SLC | -24.5% |
| 2023 | 2.55 million million SLC | -8.9% |
| 2024 | 3.05 million million SLC | +19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 332,658 million SLC | 254,834 million SLC | 509,574 million SLC | 10 |
| 1980s | 587,104 million SLC | 536,245 million SLC | 638,208 million SLC | 10 |
| 1990s | 764,776 million SLC | 560,913 million SLC | 962,523 million SLC | 10 |
| 2000s | 1.39 million million SLC | 897,285 million SLC | 1.99 million million SLC | 10 |
| 2010s | 3.38 million million SLC | 2.20 million million SLC | 4.32 million million SLC | 10 |
| 2020s | 3.12 million million SLC | 2.55 million million SLC | 3.71 million million SLC | 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)
- Services, value added (constant LCU), per capita 352,842 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 3.69 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.75 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8843 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,424 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 266.14 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.33 million current LCU per person (2025)
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 3.05 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Sri Lanka?
- The highest recorded value was 4.32 million million SLC in 2017.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Sri Lanka?
- The lowest recorded value was 254,834 million SLC in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value standard local currency, 2015?
- Sri Lanka ranks 35th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Sri Lanka?
- Over the last ten years it is down 4.9%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).