Sri Lanka - Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Sri Lanka was -10.10 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 82.37 in 1974 and a minimum value of -29.93 in 1973.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
1961 22.00
1962 -9.04
1963 20.05
1964 -9.50
1965 -8.89
1966 16.94
1967 8.36
1968 21.87
1969 14.15
1970 22.17
1971 -6.24
1972 13.27
1973 -29.93
1974 82.37
1975 -15.17
1976 25.27
1977 -5.02
1978 44.00
1979 34.08
1980 27.86
1981 -15.90
1982 4.85
1983 12.19
1984 2.41
1985 -4.45
1986 9.09
1987 -0.50
1988 -6.17
1989 -6.92
1990 -2.79
1991 8.62
1992 1.91
1993 10.60
1994 9.31
1995 -0.82
1996 3.90
1997 2.20
1998 15.16
1999 6.34
2000 9.91
2001 -17.47
2002 12.15
2003 11.99
2004 8.75
2005 8.72
2006 13.98
2007 6.83
2008 2.99
2009 2.96
2010 20.38
2011 20.24
2012 21.70
2013 -8.83
2014 11.53
2015 3.79
2016 4.98
2017 6.66
2018 3.59
2019 -10.47
2020 -10.10

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts