Gross Fixed Capital Formation — Value Standard Local Currency, annual in Sri Lanka

Sri Lanka: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 14.86 % change on previous year in 2024. ◆ Volatile

Latest (2024)
14.86 % change on previous year
Change on year
up 204.0%
World rank
30th
of 230 countries
All-time high
104.02 % change on previous year
in 1978
All-time low
-14.29 % change on previous year
in 2023
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value Standard Local Currency, annual in Sri Lanka, 1971–2024

-250255075100197119972024

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 Formation — Value Standard Local Currency, annual in Sri Lanka, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate in Sri Lanka, 1971 to 2024.
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%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value Standard Local Currency, annual 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.

YearChange FromTo
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

DecadeAverage LowestHighest 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

  1. 27 Croatia 15.41 % change on previous year compare
  2. 28 Cote d'Ivoire 14.95 % change on previous year compare
  3. 28 Côte d'Ivoire 14.95 % change on previous year compare
  4. 31 Nicaragua 14.74 % change on previous year compare
  5. 32 Russia 14.71 % change on previous year compare
  6. 32 Russian Federation 14.71 % change on previous year compare

See the full ranking of 231 places →

More economy & growth data for Sri Lanka

All data for Sri Lanka →

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.

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Gross Fixed Capital Formation — Value Standard Local Currency, annual in Sri Lanka. Statizoid, drawing on Statizoid (derived). Retrieved 18 September 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/sri-lanka/

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<a href="https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-annual-growth-rate/sri-lanka/">Gross Fixed Capital Formation — Value Standard Local Currency, annual in Sri Lanka</a> — Statizoid

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

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

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
231 places, 11,310 data points, 1971–2024
Last refreshed

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.