Sri Lanka - Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Sri Lanka was 3,778,480,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 4,266,050,000,000 in 2018 and a minimum value of 953,402,800 in 1960.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

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

Year Value
1960 953,402,800
1961 1,188,758,000
1962 1,068,777,000
1963 1,255,276,000
1964 1,125,607,000
1965 1,013,000,000
1966 1,195,000,000
1967 1,377,000,000
1968 1,699,000,000
1969 2,254,000,000
1970 2,589,000,000
1971 2,398,000,000
1972 2,638,000,000
1973 2,528,000,000
1974 3,735,000,000
1975 4,140,000,000
1976 4,896,000,000
1977 5,259,000,000
1978 8,554,000,000
1979 13,527,000,000
1980 22,465,000,000
1981 23,610,000,000
1982 30,527,000,000
1983 35,132,000,000
1984 39,708,000,000
1985 38,682,000,000
1986 42,463,000,000
1987 45,900,000,000
1988 50,562,000,000
1989 54,722,000,000
1990 71,455,000,000
1991 85,156,000,000
1992 103,239,000,000
1993 127,675,000,000
1994 156,510,000,000
1995 171,825,000,000
1996 186,264,000,000
1997 217,103,000,000
1998 255,889,000,000
1999 301,823,000,000
2000 352,632,000,000
2001 309,684,000,000
2002 368,406,000,000
2003 401,316,000,000
2004 528,016,000,000
2005 658,019,000,000
2006 822,240,000,000
2007 1,000,320,000,000
2008 1,215,250,000,000
2009 1,181,450,000,000
2010 1,946,710,000,000
2011 2,408,570,000,000
2012 3,410,510,000,000
2013 3,189,330,000,000
2014 3,347,640,000,000
2015 3,414,560,000,000
2016 3,341,170,000,000
2017 4,211,000,000,000
2018 4,266,050,000,000
2019 4,030,190,000,000
2020 3,778,480,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts