Gross Fixed Capital Formation — Value Standard Local Currency, per in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value Standard Local Currency, per was 80.76 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Sri Lanka, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Sri Lanka is 80.76 million SLC per square kilometre, measured in 2023.
The figure is down 14.3% on the previous year and up 61.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Sri Lanka peaked at 94.23 million SLC per square kilometre in 2022 and was at its lowest, 0.038 million SLC per square kilometre, in 1971.
That places Sri Lanka 22nd out of 194 countries with data for 2023, 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, per in Sri Lanka, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0403 million SLC per square kilometre | — |
| 1971 | 0.038 million SLC per square kilometre | -5.6% |
| 1972 | 0.0419 million SLC per square kilometre | +10.2% |
| 1973 | 0.0464 million SLC per square kilometre | +10.7% |
| 1974 | 0.0504 million SLC per square kilometre | +8.5% |
| 1975 | 0.0598 million SLC per square kilometre | +18.8% |
| 1976 | 0.0757 million SLC per square kilometre | +26.4% |
| 1977 | 0.0786 million SLC per square kilometre | +3.8% |
| 1978 | 0.1603 million SLC per square kilometre | +104.0% |
| 1979 | 0.2441 million SLC per square kilometre | +52.3% |
| 1980 | 0.3761 million SLC per square kilometre | +54.1% |
| 1981 | 0.405 million SLC per square kilometre | +7.7% |
| 1982 | 0.4721 million SLC per square kilometre | +16.6% |
| 1983 | 0.534 million SLC per square kilometre | +13.1% |
| 1984 | 0.5793 million SLC per square kilometre | +8.5% |
| 1985 | 0.6366 million SLC per square kilometre | +9.9% |
| 1986 | 0.6508 million SLC per square kilometre | +2.2% |
| 1987 | 0.743 million SLC per square kilometre | +14.2% |
| 1988 | 0.809 million SLC per square kilometre | +8.9% |
| 1989 | 0.8617 million SLC per square kilometre | +6.5% |
| 1990 | 1.1 million SLC per square kilometre | +27.2% |
| 1991 | 1.46 million SLC per square kilometre | +33.4% |
| 1992 | 1.63 million SLC per square kilometre | +11.8% |
| 1993 | 2.04 million SLC per square kilometre | +25.0% |
| 1994 | 2.47 million SLC per square kilometre | +20.9% |
| 1995 | 2.85 million SLC per square kilometre | +15.3% |
| 1996 | 3.35 million SLC per square kilometre | +17.6% |
| 1997 | 3.87 million SLC per square kilometre | +15.5% |
| 1998 | 4.38 million SLC per square kilometre | +13.2% |
| 1999 | 4.77 million SLC per square kilometre | +9.1% |
| 2000 | 5.33 million SLC per square kilometre | +11.7% |
| 2001 | 4.98 million SLC per square kilometre | -6.5% |
| 2002 | 5.49 million SLC per square kilometre | +10.2% |
| 2003 | 6.11 million SLC per square kilometre | +11.2% |
| 2004 | 7.92 million SLC per square kilometre | +29.6% |
| 2005 | 9.59 million SLC per square kilometre | +21.1% |
| 2006 | 12.39 million SLC per square kilometre | +29.2% |
| 2007 | 15.26 million SLC per square kilometre | +23.2% |
| 2008 | 19.5 million SLC per square kilometre | +27.8% |
| 2009 | 20.8 million SLC per square kilometre | +6.7% |
| 2010 | 26.36 million SLC per square kilometre | +26.7% |
| 2011 | 33.17 million SLC per square kilometre | +25.9% |
| 2012 | 44.11 million SLC per square kilometre | +33.0% |
| 2013 | 50 million SLC per square kilometre | +13.4% |
| 2014 | 51.86 million SLC per square kilometre | +3.7% |
| 2015 | 53.62 million SLC per square kilometre | +3.4% |
| 2016 | 64.26 million SLC per square kilometre | +19.8% |
| 2017 | 76.35 million SLC per square kilometre | +18.8% |
| 2018 | 78.7 million SLC per square kilometre | +3.1% |
| 2019 | 74.33 million SLC per square kilometre | -5.6% |
| 2020 | 66.04 million SLC per square kilometre | -11.1% |
| 2021 | 76.42 million SLC per square kilometre | +15.7% |
| 2022 | 94.23 million SLC per square kilometre | +23.3% |
| 2023 | 80.76 million SLC per square kilometre | -14.3% |
Sri Lanka compared with similar countries
- Sri Lanka's 80.76 million SLC per square kilometre is above the median for upper middle income countries, which is 2.09 million SLC per square kilometre, 38.6× the median. (54 countries reporting)
- Sri Lanka's 80.76 million SLC per square kilometre is above the median for South Asia, which is 56.43 million SLC per square kilometre, 1.4× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per 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 | +104.0% | 0.0786 million SLC per square kilometre | 0.1603 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0835 million SLC per square kilometre | 0.038 million SLC per square kilometre | 0.2441 million SLC per square kilometre | 10 |
| 1980s | 0.6067 million SLC per square kilometre | 0.3761 million SLC per square kilometre | 0.8617 million SLC per square kilometre | 10 |
| 1990s | 2.79 million SLC per square kilometre | 1.1 million SLC per square kilometre | 4.77 million SLC per square kilometre | 10 |
| 2000s | 10.74 million SLC per square kilometre | 4.98 million SLC per square kilometre | 20.8 million SLC per square kilometre | 10 |
| 2010s | 55.27 million SLC per square kilometre | 26.36 million SLC per square kilometre | 78.7 million SLC per square kilometre | 10 |
| 2020s | 79.36 million SLC per square kilometre | 66.04 million SLC per square kilometre | 94.23 million SLC per square kilometre | 4 |
Countries ranked near Sri Lanka
- 19 Somalia 95.09 million SLC per square kilometre compare
- 20 Nigeria 91.01 million SLC per square kilometre compare
- 21 Chile 90.44 million SLC per square kilometre compare
- 23 Mauritius 76.76 million SLC per square kilometre compare
- 24 Armenia 69.97 million SLC per square kilometre compare
- 25 Jamaica 65.9 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, per in Sri Lanka?
- Gross fixed capital formation — value standard local currency, per in Sri Lanka was 80.76 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Sri Lanka?
- The highest recorded value was 94.23 million SLC per square kilometre in 2022.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Sri Lanka?
- The lowest recorded value was 0.038 million SLC per square kilometre in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value standard local currency, per?
- Sri Lanka ranks 22nd out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Sri Lanka?
- Over the last ten years it is up 61.5%. 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, 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.