Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) was 5.74 million million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Sri Lanka, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency in Sri Lanka is 5.74 million million SLC, measured in 2024.
The figure is up 14.9% on the previous year and up 76.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Sri Lanka peaked at 5.83 million million SLC in 2022 and was at its lowest, 2,385 million SLC, in 1971.
Sri Lanka ranks 49th 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 (Fixed) in Sri Lanka, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2,526 million SLC | — |
| 1971 | 2,385 million SLC | -5.6% |
| 1972 | 2,628 million SLC | +10.2% |
| 1973 | 2,910 million SLC | +10.7% |
| 1974 | 3,158 million SLC | +8.5% |
| 1975 | 3,753 million SLC | +18.8% |
| 1976 | 4,745 million SLC | +26.4% |
| 1977 | 4,927 million SLC | +3.8% |
| 1978 | 10,052 million SLC | +104.0% |
| 1979 | 15,305 million SLC | +52.3% |
| 1980 | 23,583 million SLC | +54.1% |
| 1981 | 25,398 million SLC | +7.7% |
| 1982 | 29,607 million SLC | +16.6% |
| 1983 | 33,486 million SLC | +13.1% |
| 1984 | 36,325 million SLC | +8.5% |
| 1985 | 39,918 million SLC | +9.9% |
| 1986 | 40,812 million SLC | +2.2% |
| 1987 | 46,594 million SLC | +14.2% |
| 1988 | 50,729 million SLC | +8.9% |
| 1989 | 54,037 million SLC | +6.5% |
| 1990 | 68,720 million SLC | +27.2% |
| 1991 | 91,670 million SLC | +33.4% |
| 1992 | 102,451 million SLC | +11.8% |
| 1993 | 128,051 million SLC | +25.0% |
| 1994 | 154,762 million SLC | +20.9% |
| 1995 | 178,502 million SLC | +15.3% |
| 1996 | 209,907 million SLC | +17.6% |
| 1997 | 242,403 million SLC | +15.5% |
| 1998 | 274,496 million SLC | +13.2% |
| 1999 | 299,417 million SLC | +9.1% |
| 2000 | 334,300 million SLC | +11.7% |
| 2001 | 312,475 million SLC | -6.5% |
| 2002 | 344,429 million SLC | +10.2% |
| 2003 | 383,012 million SLC | +11.2% |
| 2004 | 496,417 million SLC | +29.6% |
| 2005 | 601,233 million SLC | +21.1% |
| 2006 | 777,058 million SLC | +29.2% |
| 2007 | 957,027 million SLC | +23.2% |
| 2008 | 1.22 million million SLC | +27.8% |
| 2009 | 1.30 million million SLC | +6.7% |
| 2010 | 1.65 million million SLC | +26.7% |
| 2011 | 2.08 million million SLC | +25.9% |
| 2012 | 2.77 million million SLC | +33.0% |
| 2013 | 3.14 million million SLC | +13.4% |
| 2014 | 3.25 million million SLC | +3.7% |
| 2015 | 3.32 million million SLC | +2.0% |
| 2016 | 3.98 million million SLC | +19.8% |
| 2017 | 4.73 million million SLC | +18.8% |
| 2018 | 4.87 million million SLC | +3.0% |
| 2019 | 4.60 million million SLC | -5.6% |
| 2020 | 4.09 million million SLC | -11.1% |
| 2021 | 4.73 million million SLC | +15.7% |
| 2022 | 5.83 million million SLC | +23.3% |
| 2023 | 5.00 million million SLC | -14.3% |
| 2024 | 5.74 million million SLC | +14.9% |
Sri Lanka compared with similar countries
- Sri Lanka's 5.74 million million SLC is above the median for upper middle income countries, which is 199,742 million SLC, 28.7× the median. (54 countries reporting)
- Sri Lanka's 5.74 million million SLC is above the median for South Asia, which is 3.57 million million SLC, 1.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) 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% | 4,927 million SLC | 10,052 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5,239 million SLC | 2,385 million SLC | 15,305 million SLC | 10 |
| 1980s | 38,049 million SLC | 23,583 million SLC | 54,037 million SLC | 10 |
| 1990s | 175,038 million SLC | 68,720 million SLC | 299,417 million SLC | 10 |
| 2000s | 673,311 million SLC | 312,475 million SLC | 1.30 million million SLC | 10 |
| 2010s | 3.44 million million SLC | 1.65 million million SLC | 4.87 million million SLC | 10 |
| 2020s | 5.08 million million SLC | 4.09 million million SLC | 5.83 million million SLC | 5 |
Countries ranked near Sri Lanka
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 in Sri Lanka?
- Gross fixed capital formation — value standard local currency in Sri Lanka was 5.74 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 recorded in Sri Lanka?
- The highest recorded value was 5.83 million million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Sri Lanka?
- The lowest recorded value was 2,385 million SLC in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value standard local currency?
- Sri Lanka ranks 49th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Sri Lanka?
- Over the last ten years it is up 76.4%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).