Net investment in nonfinancial assets in Sri Lanka
Sri Lanka: Net investment in nonfinancial assets 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 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% |
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
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 60.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0134 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.37 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 80.83 SIPRI trend indicator values per square kilometre (2023)
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.