Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 22,427 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Sri Lanka, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Sri Lanka stood at 22,427 million USD.
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 us$, 2015 prices in Sri Lanka peaked at 31,762 million USD in 2017 and was at its lowest, 1,876 million USD, in 1971.
Sri Lanka ranks 77th of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Sri Lanka, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,958 million USD | — |
| 1971 | 1,876 million USD | -4.2% |
| 1972 | 2,027 million USD | +8.1% |
| 1973 | 2,025 million USD | -0.1% |
| 1974 | 2,130 million USD | +5.1% |
| 1975 | 2,239 million USD | +5.2% |
| 1976 | 2,602 million USD | +16.2% |
| 1977 | 2,564 million USD | -1.4% |
| 1978 | 3,313 million USD | +29.2% |
| 1979 | 3,751 million USD | +13.2% |
| 1980 | 4,372 million USD | +16.6% |
| 1981 | 4,622 million USD | +5.7% |
| 1982 | 4,698 million USD | +1.6% |
| 1983 | 4,633 million USD | -1.4% |
| 1984 | 4,226 million USD | -8.8% |
| 1985 | 4,198 million USD | -0.7% |
| 1986 | 4,088 million USD | -2.6% |
| 1987 | 4,385 million USD | +7.3% |
| 1988 | 4,045 million USD | -7.7% |
| 1989 | 3,947 million USD | -2.4% |
| 1990 | 4,129 million USD | +4.6% |
| 1991 | 4,494 million USD | +8.9% |
| 1992 | 4,695 million USD | +4.5% |
| 1993 | 5,343 million USD | +13.8% |
| 1994 | 5,682 million USD | +6.3% |
| 1995 | 5,642 million USD | -0.7% |
| 1996 | 5,947 million USD | +5.4% |
| 1997 | 6,293 million USD | +5.8% |
| 1998 | 6,983 million USD | +11.0% |
| 1999 | 7,085 million USD | +1.5% |
| 2000 | 7,602 million USD | +7.3% |
| 2001 | 6,605 million USD | -13.1% |
| 2002 | 6,977 million USD | +5.6% |
| 2003 | 7,942 million USD | +13.8% |
| 2004 | 9,359 million USD | +17.8% |
| 2005 | 10,277 million USD | +9.8% |
| 2006 | 11,758 million USD | +14.4% |
| 2007 | 13,058 million USD | +11.1% |
| 2008 | 13,934 million USD | +6.7% |
| 2009 | 14,644 million USD | +5.1% |
| 2010 | 16,200 million USD | +10.6% |
| 2011 | 19,416 million USD | +19.8% |
| 2012 | 22,070 million USD | +13.7% |
| 2013 | 23,750 million USD | +7.6% |
| 2014 | 23,572 million USD | -0.7% |
| 2015 | 24,426 million USD | +3.6% |
| 2016 | 28,125 million USD | +15.1% |
| 2017 | 31,762 million USD | +12.9% |
| 2018 | 31,702 million USD | -0.2% |
| 2019 | 27,860 million USD | -12.1% |
| 2020 | 25,665 million USD | -7.9% |
| 2021 | 27,333 million USD | +6.5% |
| 2022 | 20,624 million USD | -24.5% |
| 2023 | 18,783 million USD | -8.9% |
| 2024 | 22,427 million USD | +19.4% |
Sri Lanka compared with similar countries
- Sri Lanka's 22,427 million USD is above the median for upper middle income countries, which is 7,886 million USD, 2.8× the median. (54 countries reporting)
- Sri Lanka's 22,427 million USD is above the median for South Asia, which is 16,257 million USD, 1.4× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,449 million USD | 1,876 million USD | 3,751 million USD | 10 |
| 1980s | 4,321 million USD | 3,947 million USD | 4,698 million USD | 10 |
| 1990s | 5,629 million USD | 4,129 million USD | 7,085 million USD | 10 |
| 2000s | 10,216 million USD | 6,605 million USD | 14,644 million USD | 10 |
| 2010s | 24,888 million USD | 16,200 million USD | 31,762 million USD | 10 |
| 2020s | 22,967 million USD | 18,783 million USD | 27,333 million USD | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0295 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Sri Lanka?
- Gross fixed capital formation — value us$, 2015 prices in Sri Lanka was 22,427 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Sri Lanka?
- The highest recorded value was 31,762 million USD in 2017.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Sri Lanka?
- The lowest recorded value was 1,876 million USD in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value us$, 2015 prices?
- Sri Lanka ranks 77th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices 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 US$, 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).