Sri Lanka - Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Sri Lanka was -9.12 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 54.91 in 1978 and a minimum value of -17.47 in 2001.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 0.48
1962 5.41
1963 4.32
1964 1.55
1965 -5.09
1966 9.61
1967 8.16
1968 7.00
1969 34.43
1970 3.85
1971 -9.55
1972 1.57
1973 -6.62
1974 26.29
1975 2.73
1976 36.53
1977 -1.56
1978 54.91
1979 29.88
1980 16.02
1981 -6.13
1982 6.02
1983 14.59
1984 1.20
1985 -2.00
1986 9.52
1987 -0.50
1988 -7.71
1989 -6.35
1990 6.60
1991 6.60
1992 6.60
1993 13.00
1994 9.00
1995 0.95
1996 2.46
1997 5.12
1998 15.26
1999 6.41
2000 9.95
2001 -17.47
2002 4.42
2003 13.82
2004 17.84
2005 9.81
2006 12.87
2007 9.14
2008 5.30
2009 1.34
2010 5.95
2011 16.55
2012 16.06
2013 5.53
2014 -1.68
2015 0.06
2016 9.15
2017 5.06
2018 2.73
2019 2.73
2020 -9.12

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts