Sri Lanka: gross capital formation 2023

In 2023, the gross capital formation in Sri Lanka remained nearly unchanged at around 21.34 billion U.S. dollars.
Gross capital formation comprises expenses on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements, plant, machinery, and equipment purchases, and the construction of roads, railways, 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.

Find more statistics on other topics about Sri Lanka with key insights such as total reserves, gross savings, and annual growth of gross capital formation.

Gross capital formation in Sri Lanka from 2009 to 2023 (in billion U.S. dollars)

Characteristic	Gross capital formation in billion U.S. dollars
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Release date

October 2024

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Region

Sri Lanka

Survey time period

2009 to 2023

Supplementary notes

According to The World Bank, 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.'

Figures are in current U.S. dollars.

Figures have been rounded.

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