Gross Capital Formation (As % of GDP) rose to 37.3% in Sri Lanka in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | Sri Lanka | January 1, 2020
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Excel Sheet

Gross capital formation as a share of GDP reached 37.3 % in 2019 in Sri Lanka, according to the National Statistical Office. This is 1.51 % more than in the previous year.

Historically, gross capital formation as a share of GDP in Sri Lanka reached an all time high of 37.3 % in 2019 and an all time low of 0.125 % in 1965. When compared to Sri Lanka's main peers, gross capital formation as a share of GDP in India amounted to 31.6 %, 24.7 % in Malaysia, 20.0 % in Maldives and 22.2 % in Myanmar in 2019.

Sri Lanka has been ranked 14th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 59 places above the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bangladesh % 0.305% 33.7% 33.2% 33.1% 33.3%
Cambodia % 0.229% 22.0% 22.0% 21.8% 21.7%
China % 0.436% 44.2% 43.7% 43.2% 42.6%
India % 0.309% 31.5% 31.6% 31.8% 32.0%
Indonesia % 0.337% 33.4% 33.6% 33.8% 33.9%
Laos % 0.290% ... ... ... ... ... ...
Malaysia % 0.256% 24.3% 24.7% 25.0% 24.9%
Maldives % 20.0% 20.0% 20.0% 20.0% 20.0%
Myanmar % 22.2% 21.9% 22.2% 22.0% 22.1%
Pakistan % 0.161% 16.4% 16.0% 15.1% 14.9%
Singapore % 0.276% 27.8% 27.5% 27.7% 27.8%
Sri Lanka % 0.367% 36.8% 37.3% 37.4% 37.3%
Thailand % 0.228% 23.4% 24.1% 25.1% 25.9%
Vietnam % 0.266% 27.5% 28.4% 29.4% 30.6%