Net investment in nonfinancial assets (% of GDP) in Sri Lanka
Sri Lanka: Net investment in nonfinancial assets (% of GDP) was 2.4% in 2023. ▼ Falling
Net investment in nonfinancial assets in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net investment in nonfinancial assets in Sri Lanka stood at 2.4%.
Compared with earlier readings it is up 27.1% on the previous year and down 7.4% over ten years.
Over the whole period, net investment in nonfinancial assets in Sri Lanka peaked at 4.1% in 1993 and was at its lowest, 1.6%, in 2002.
Sri Lanka ranks 91st of 156 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Net investment in nonfinancial assets (% of GDP) in Sri Lanka, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 3.6% | — |
| 1991 | 3.8% | +3.7% |
| 1992 | 3.0% | -21.5% |
| 1993 | 4.1% | +39.0% |
| 1994 | 2.9% | -29.7% |
| 1995 | 3.4% | +16.5% |
| 1996 | 2.7% | -19.2% |
| 1997 | 2.8% | +4.1% |
| 1998 | 3.2% | +11.6% |
| 1999 | 3.0% | -5.8% |
| 2000 | 2.6% | -12.1% |
| 2001 | 2.6% | -2.2% |
| 2002 | 1.6% | -37.8% |
| 2003 | 2.0% | +24.5% |
| 2004 | 1.9% | -2.5% |
| 2005 | 3.6% | +86.1% |
| 2006 | 3.0% | -16.9% |
| 2007 | 3.1% | +3.9% |
| 2008 | 2.9% | -5.8% |
| 2009 | 3.0% | +1.6% |
| 2010 | 2.4% | -19.6% |
| 2011 | 2.7% | +13.0% |
| 2012 | 2.0% | -27.5% |
| 2013 | 2.5% | +30.0% |
| 2014 | 2.2% | -14.3% |
| 2015 | 2.7% | +24.3% |
| 2016 | 2.6% | -5.5% |
| 2017 | 2.5% | -2.1% |
| 2018 | 2.3% | -7.5% |
| 2019 | 2.4% | +4.4% |
| 2020 | 3.1% | +27.7% |
| 2021 | 2.5% | -19.4% |
| 2022 | 1.9% | -25.7% |
| 2023 | 2.4% | +27.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 2.4% is below the median for upper middle income countries, which is 2.6%, 92% of the median. (47 countries reporting)
- Sri Lanka's 2.4% is below the median for South Asia, which is 4.2%, 56% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.2% | 2.7% | 4.1% | 10 |
| 2000s | 2.6% | 1.6% | 3.6% | 10 |
| 2010s | 2.4% | 2.0% | 2.7% | 10 |
| 2020s | 2.4% | 1.9% | 3.1% | 4 |
Countries ranked near Sri Lanka
More public sector data for Sri Lanka
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.4107 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 80 % change on previous year (2024)
Frequently asked questions
- What is net investment in nonfinancial assets in Sri Lanka?
- Net investment in nonfinancial assets in Sri Lanka was 2.4% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Sri Lanka?
- The highest recorded value was 4.1% in 1993.
- What is the lowest net investment in nonfinancial assets recorded in Sri Lanka?
- The lowest recorded value was 1.6% in 2002.
- How does Sri Lanka rank for net investment in nonfinancial assets?
- Sri Lanka ranks 91st out of 156 countries with data for 2023.
- Is net investment in nonfinancial assets rising or falling in Sri Lanka?
- Over the last ten years it is down 7.4%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.