Bank concentration in Sri Lanka
Sri Lanka: Bank concentration was 57.7% in 2021. ▬ Flat
Bank concentration in Sri Lanka, 2011–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Sri Lanka stood at 57.7%. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 5.2% on the previous year and up 2.8% over ten years.
Over the whole period, bank concentration in Sri Lanka peaked at 57.7% in 2021 and was at its lowest, 51.0%, in 2017.
That places Sri Lanka 131st out of 169 countries with data for 2021, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 53.7% | 51.0% | 57.5% | 9 |
| 2020s | 56.2% | 54.8% | 57.7% | 2 |
Countries ranked near Sri Lanka
- 128 Uzbekistan 59.5% compare
- 129 Nigeria 59.3% compare
- 130 Mauritius 59.1% compare
- 132 New Zealand 57.2% compare
- 133 South Korea 56.3% compare
- 134 Costa Rica 55.9% compare
More financial sector data for Sri Lanka
- Domestic credit to private sector by banks 46.9% (2019)
- Total reserves in months of imports 2.86 (2024)
- Net domestic credit 11.70 trillion current LCU (2019)
- Net foreign assets 212.60 billion current LCU (2019)
- Monetary Sector credit to private sector 47.0% (2019)
- Broad money 59.5% (2019)
- Claims on central government, etc. 21.2% (2019)
- Domestic credit to private sector 47.0% (2019)
- Official exchange rate 327.51 LCU per US$, period average (2023)
- Net migration -30,724 (2025)
Frequently asked questions
- What is bank concentration in Sri Lanka?
- Bank concentration in Sri Lanka was 57.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Sri Lanka?
- The highest recorded value was 57.7% in 2021.
- What is the lowest bank concentration recorded in Sri Lanka?
- The lowest recorded value was 51.0% in 2017.
- How does Sri Lanka rank for bank concentration?
- Sri Lanka ranks 131st out of 169 countries with data for 2021.
- Is bank concentration rising or falling in Sri Lanka?
- Over the last ten years it is up 2.8%. The long-run trend across the full record is flat.
- Where does this Sri Lanka data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.