Gross Fixed Capital Formation — Value US$, annual growth rate in Sri Lanka

Sri Lanka: Gross Fixed Capital Formation — Value US$, annual growth rate was 25.1 % change on previous year in 2024. ◆ Volatile

Latest (2024)
25.1 % change on previous year
Change on year
up 261.2%
World rank
12th
of 235 countries
All-time high
52.63 % change on previous year
in 1979
All-time low
-24.04 % change on previous year
in 2022
Years of data
54
1971–2024

Gross Fixed Capital Formation — Value US$, annual growth rate in Sri Lanka, 1971–2024

-200204060197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Sri Lanka recorded 25.1 % change on previous year for gross fixed capital formation — value us$, annual growth rate in 2024.

The figure is up 261.2% on the previous year and up 889.1% over ten years.

Over the whole period, gross fixed capital formation — value us$, annual growth rate in Sri Lanka peaked at 52.63 % change on previous year in 1979 and was at its lowest, -24.04 % change on previous year, in 2022.

Sri Lanka ranks 12th of 235 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital Formation — Value US$, annual growth rate in Sri Lanka, year by year

Annual values for Gross Fixed Capital Formation — Value US$, annual growth rate in Sri Lanka, 1971 to 2024.
Year % change on previous year Change
1971 -5.32 % change on previous year
1972 9.55 % change on previous year -279.6%
1973 3.24 % change on previous year -66.0%
1974 4.47 % change on previous year +37.7%
1975 12.8 % change on previous year +186.4%
1976 5.32 % change on previous year -58.5%
1977 -1.55 % change on previous year -129.2%
1978 15.96 % change on previous year -1128.3%
1979 52.63 % change on previous year +229.7%
1980 45.11 % change on previous year -14.3%
1981 -7.47 % change on previous year -116.6%
1982 7.8 % change on previous year -204.3%
1983 0.0422 % change on previous year -99.5%
1984 0.3366 % change on previous year +698.0%
1985 2.92 % change on previous year +766.2%
1986 -0.8805 % change on previous year -130.2%
1987 8.63 % change on previous year -1080.6%
1988 0.7887 % change on previous year -90.9%
1989 -6.01 % change on previous year -862.0%
1990 14.42 % change on previous year -340.0%
1991 29.18 % change on previous year +102.3%
1992 5.49 % change on previous year -81.2%
1993 13.37 % change on previous year +143.4%
1994 18.19 % change on previous year +36.0%
1995 11.21 % change on previous year -38.4%
1996 9.04 % change on previous year -19.3%
1997 8.19 % change on previous year -9.4%
1998 3.65 % change on previous year -55.4%
1999 -0.4726 % change on previous year -112.9%
2000 2.41 % change on previous year -610.9%
2001 -19.47 % change on previous year -906.4%
2002 2.99 % change on previous year -115.4%
2003 10.21 % change on previous year +241.4%
2004 23.62 % change on previous year +131.3%
2005 21.95 % change on previous year -7.1%
2006 24.99 % change on previous year +13.9%
2007 15.69 % change on previous year -37.2%
2008 30.46 % change on previous year +94.1%
2009 0.5529 % change on previous year -98.2%
2010 28.81 % change on previous year +5110.5%
2011 28.7 % change on previous year -0.4%
2012 15.23 % change on previous year -46.9%
2013 12.06 % change on previous year -20.8%
2014 2.54 % change on previous year -79.0%
2015 -1.94 % change on previous year -176.5%
2016 11.84 % change on previous year -709.8%
2017 13.47 % change on previous year +13.8%
2018 -3.33 % change on previous year -124.7%
2019 -14.16 % change on previous year +325.3%
2020 -14.43 % change on previous year +1.9%
2021 8.05 % change on previous year -155.8%
2022 -24.04 % change on previous year -398.7%
2023 -15.57 % change on previous year -35.3%
2024 25.1 % change on previous year -261.2%

Biggest year-on-year movements

Years where Gross Fixed Capital Formation — Value US$, annual growth rate 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
2010 +5110.5% 0.5529 % change on previous year 28.81 % change on previous year
1978 +1128.3% -1.55 % change on previous year 15.96 % change on previous year
1987 +1080.6% -0.8805 % change on previous year 8.63 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.79 % change on previous year -5.32 % change on previous year 52.63 % change on previous year 9
1980s 5.13 % change on previous year -7.47 % change on previous year 45.11 % change on previous year 10
1990s 11.23 % change on previous year -0.4726 % change on previous year 29.18 % change on previous year 10
2000s 11.34 % change on previous year -19.47 % change on previous year 30.46 % change on previous year 10
2010s 9.32 % change on previous year -14.16 % change on previous year 28.81 % change on previous year 10
2020s -4.18 % change on previous year -24.04 % change on previous year 25.1 % change on previous year 5

Countries ranked near Sri Lanka

  1. 9 Uzbekistan 27.99 % change on previous year compare
  2. 10 Afghanistan 26.13 % change on previous year compare
  3. 11 Sudan (former) 25.4 % change on previous year compare
  4. 13 Madagascar 24.99 % change on previous year compare
  5. 14 Mongolia 22.81 % change on previous year compare
  6. 15 Bahamas 22.61 % change on previous year compare

See the full ranking of 265 places →

More economy & growth data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is gross fixed capital formation — value us$, annual growth rate in Sri Lanka?
Gross fixed capital formation — value us$, annual growth rate in Sri Lanka was 25.1 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross fixed capital formation — value us$, annual growth rate recorded in Sri Lanka?
The highest recorded value was 52.63 % change on previous year in 1979.
What is the lowest gross fixed capital formation — value us$, annual growth rate recorded in Sri Lanka?
The lowest recorded value was -24.04 % change on previous year in 2022.
How does Sri Lanka rank for gross fixed capital formation — value us$, annual growth rate?
Sri Lanka ranks 12th out of 235 countries with data for 2024.
Is gross fixed capital formation — value us$, annual growth rate rising or falling in Sri Lanka?
Over the last ten years it is up 889.1%. 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 US$, annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. 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 US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
265 places, 13,251 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.