Gross Fixed Capital Formation — Value US$ in Sri Lanka
Sri Lanka: Gross Fixed Capital Formation — Value US$ was 19,082 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ 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$ in Sri Lanka stood at 19,082 million USD.
Compared with earlier readings it is up 25.1% on the previous year and down 23.4% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Sri Lanka peaked at 30,998 million USD in 2017 and was at its lowest, 401.87 million USD, in 1971.
That places Sri Lanka 83rd out of 235 countries with data for 2024, putting it 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$ in Sri Lanka, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 424.44 million USD | — |
| 1971 | 401.87 million USD | -5.3% |
| 1972 | 440.24 million USD | +9.5% |
| 1973 | 454.52 million USD | +3.2% |
| 1974 | 474.83 million USD | +4.5% |
| 1975 | 535.59 million USD | +12.8% |
| 1976 | 564.06 million USD | +5.3% |
| 1977 | 555.31 million USD | -1.6% |
| 1978 | 643.95 million USD | +16.0% |
| 1979 | 982.88 million USD | +52.6% |
| 1980 | 1,426 million USD | +45.1% |
| 1981 | 1,320 million USD | -7.5% |
| 1982 | 1,423 million USD | +7.8% |
| 1983 | 1,423 million USD | +0.0% |
| 1984 | 1,428 million USD | +0.3% |
| 1985 | 1,470 million USD | +2.9% |
| 1986 | 1,457 million USD | -0.9% |
| 1987 | 1,582 million USD | +8.6% |
| 1988 | 1,595 million USD | +0.8% |
| 1989 | 1,499 million USD | -6.0% |
| 1990 | 1,715 million USD | +14.4% |
| 1991 | 2,216 million USD | +29.2% |
| 1992 | 2,337 million USD | +5.5% |
| 1993 | 2,650 million USD | +13.4% |
| 1994 | 3,132 million USD | +18.2% |
| 1995 | 3,483 million USD | +11.2% |
| 1996 | 3,798 million USD | +9.0% |
| 1997 | 4,109 million USD | +8.2% |
| 1998 | 4,259 million USD | +3.7% |
| 1999 | 4,239 million USD | -0.5% |
| 2000 | 4,341 million USD | +2.4% |
| 2001 | 3,496 million USD | -19.5% |
| 2002 | 3,600 million USD | +3.0% |
| 2003 | 3,968 million USD | +10.2% |
| 2004 | 4,906 million USD | +23.6% |
| 2005 | 5,983 million USD | +22.0% |
| 2006 | 7,478 million USD | +25.0% |
| 2007 | 8,651 million USD | +15.7% |
| 2008 | 11,286 million USD | +30.5% |
| 2009 | 11,349 million USD | +0.6% |
| 2010 | 14,618 million USD | +28.8% |
| 2011 | 18,813 million USD | +28.7% |
| 2012 | 21,678 million USD | +15.2% |
| 2013 | 24,293 million USD | +12.1% |
| 2014 | 24,909 million USD | +2.5% |
| 2015 | 24,426 million USD | -1.9% |
| 2016 | 27,318 million USD | +11.8% |
| 2017 | 30,998 million USD | +13.5% |
| 2018 | 29,967 million USD | -3.3% |
| 2019 | 25,724 million USD | -14.2% |
| 2020 | 22,013 million USD | -14.4% |
| 2021 | 23,785 million USD | +8.0% |
| 2022 | 18,066 million USD | -24.0% |
| 2023 | 15,254 million USD | -15.6% |
| 2024 | 19,082 million USD | +25.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 19,082 million USD is above the median for upper middle income countries, which is 8,136 million USD, 2.3× the median. (54 countries reporting)
- Sri Lanka's 19,082 million USD is above the median for South Asia, which is 14,819 million USD, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 547.77 million USD | 401.87 million USD | 982.88 million USD | 10 |
| 1980s | 1,462 million USD | 1,320 million USD | 1,595 million USD | 10 |
| 1990s | 3,194 million USD | 1,715 million USD | 4,259 million USD | 10 |
| 2000s | 6,506 million USD | 3,496 million USD | 11,349 million USD | 10 |
| 2010s | 24,275 million USD | 14,618 million USD | 30,998 million USD | 10 |
| 2020s | 19,640 million USD | 15,254 million USD | 23,785 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)
- 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$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Sri Lanka?
- Gross fixed capital formation — value us$ in Sri Lanka was 19,082 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Sri Lanka?
- The highest recorded value was 30,998 million USD in 2017.
- What is the lowest gross fixed capital formation — value us$ recorded in Sri Lanka?
- The lowest recorded value was 401.87 million USD in 1971.
- How does Sri Lanka rank for gross fixed capital formation — value us$?
- Sri Lanka ranks 83rd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Sri Lanka?
- Over the last ten years it is down 23.4%. 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 US$. 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).