Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Sri Lanka
Sri Lanka: Gross Fixed Capital: Value Standard Local … Gross rate annual growth was 14.86 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Sri Lanka, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Sri Lanka is 14.86 % change on previous year, measured in 2024.
Compared with earlier readings it is up 204.0% on the previous year and up 299.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Sri Lanka peaked at 104.02 % change on previous year in 1978 and was at its lowest, -14.29 % change on previous year, in 2023.
Sri Lanka ranks 30th of 230 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: Value Standard Local … Gross rate annual growth in Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -5.59 % change on previous year | — |
| 1972 | 10.2 % change on previous year | -282.4% |
| 1973 | 10.72 % change on previous year | +5.1% |
| 1974 | 8.52 % change on previous year | -20.5% |
| 1975 | 18.84 % change on previous year | +121.2% |
| 1976 | 26.43 % change on previous year | +40.3% |
| 1977 | 3.84 % change on previous year | -85.5% |
| 1978 | 104.02 % change on previous year | +2608.2% |
| 1979 | 52.25 % change on previous year | -49.8% |
| 1980 | 54.08 % change on previous year | +3.5% |
| 1981 | 7.7 % change on previous year | -85.8% |
| 1982 | 16.57 % change on previous year | +115.3% |
| 1983 | 13.1 % change on previous year | -21.0% |
| 1984 | 8.48 % change on previous year | -35.3% |
| 1985 | 9.89 % change on previous year | +16.6% |
| 1986 | 2.24 % change on previous year | -77.4% |
| 1987 | 14.17 % change on previous year | +532.8% |
| 1988 | 8.87 % change on previous year | -37.4% |
| 1989 | 6.52 % change on previous year | -26.5% |
| 1990 | 27.17 % change on previous year | +316.7% |
| 1991 | 33.4 % change on previous year | +22.9% |
| 1992 | 11.76 % change on previous year | -64.8% |
| 1993 | 24.99 % change on previous year | +112.5% |
| 1994 | 20.86 % change on previous year | -16.5% |
| 1995 | 15.34 % change on previous year | -26.5% |
| 1996 | 17.59 % change on previous year | +14.7% |
| 1997 | 15.48 % change on previous year | -12.0% |
| 1998 | 13.24 % change on previous year | -14.5% |
| 1999 | 9.08 % change on previous year | -31.4% |
| 2000 | 11.65 % change on previous year | +28.3% |
| 2001 | -6.53 % change on previous year | -156.0% |
| 2002 | 10.23 % change on previous year | -256.6% |
| 2003 | 11.2 % change on previous year | +9.5% |
| 2004 | 29.61 % change on previous year | +164.3% |
| 2005 | 21.11 % change on previous year | -28.7% |
| 2006 | 29.24 % change on previous year | +38.5% |
| 2007 | 23.16 % change on previous year | -20.8% |
| 2008 | 27.76 % change on previous year | +19.9% |
| 2009 | 6.69 % change on previous year | -75.9% |
| 2010 | 26.7 % change on previous year | +299.2% |
| 2011 | 25.86 % change on previous year | -3.2% |
| 2012 | 32.98 % change on previous year | +27.6% |
| 2013 | 13.35 % change on previous year | -59.5% |
| 2014 | 3.73 % change on previous year | -72.1% |
| 2015 | 2.03 % change on previous year | -45.4% |
| 2016 | 19.85 % change on previous year | +876.3% |
| 2017 | 18.82 % change on previous year | -5.2% |
| 2018 | 3.02 % change on previous year | -83.9% |
| 2019 | -5.55 % change on previous year | -283.6% |
| 2020 | -11.15 % change on previous year | +100.7% |
| 2021 | 15.72 % change on previous year | -241.0% |
| 2022 | 23.29 % change on previous year | +48.2% |
| 2023 | -14.29 % change on previous year | -161.4% |
| 2024 | 14.86 % change on previous year | -204.0% |
Sri Lanka compared with similar countries
- Sri Lanka's 14.86 % change on previous year is above the median for upper middle income countries, which is 7.42 % change on previous year, 2.0× the median. (54 countries reporting)
- Sri Lanka's 14.86 % change on previous year is above the median for South Asia, which is 7.98 % change on previous year, 1.9× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1978 | +2608.2% | 3.84 % change on previous year | 104.02 % change on previous year |
| 2016 | +876.3% | 2.03 % change on previous year | 19.85 % change on previous year |
| 1987 | +532.8% | 2.24 % change on previous year | 14.17 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.47 % change on previous year | -5.59 % change on previous year | 104.02 % change on previous year | 9 |
| 1980s | 14.16 % change on previous year | 2.24 % change on previous year | 54.08 % change on previous year | 10 |
| 1990s | 18.89 % change on previous year | 9.08 % change on previous year | 33.4 % change on previous year | 10 |
| 2000s | 16.41 % change on previous year | -6.53 % change on previous year | 29.61 % change on previous year | 10 |
| 2010s | 14.08 % change on previous year | -5.55 % change on previous year | 32.98 % change on previous year | 10 |
| 2020s | 5.69 % change on previous year | -14.29 % change on previous year | 23.29 % change on previous year | 5 |
Countries ranked near Sri Lanka
- 27 Croatia 15.41 % change on previous year compare
- 28 Cote d'Ivoire 14.95 % change on previous year compare
- 28 Côte d'Ivoire 14.95 % change on previous year compare
- 31 Nicaragua 14.74 % change on previous year compare
- 32 Russia 14.71 % change on previous year compare
- 32 Russian Federation 14.71 % change on previous year compare
More economy & growth data for Sri Lanka
- Real gdp growth, annual growth rate 314.98 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -66.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0483 units per person (2025)
- SDRs holdings, SDR, annual growth rate -68.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0353 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 33.41 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Sri Lanka?
- Gross fixed capital formation — value standard local currency, annual in Sri Lanka was 14.86 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Sri Lanka?
- The highest recorded value was 104.02 % change on previous year in 1978.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Sri Lanka?
- The lowest recorded value was -14.29 % change on previous year in 2023.
- How does Sri Lanka rank for gross fixed capital formation — value standard local currency, annual?
- Sri Lanka ranks 30th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Sri Lanka?
- Over the last ten years it is up 299.0%. 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, annual growth rate. 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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.