Current account balance (credit less debit), Net (credits less debits) in Sri Lanka
Sri Lanka: Current account balance (credit less debit), Net (credits less debits) was 1.21 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Sri Lanka, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), net (credits less debits) in Sri Lanka is 1.21 billion, measured in 2024.
The figure is down 16.2% on the previous year and up 160.7% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Sri Lanka peaked at 1.44 billion in 2023 and was at its lowest, -4.62 billion, in 2011.
That places Sri Lanka 55th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -650.13 million | — |
| 2006 | -1.50 billion | +130.4% |
| 2007 | -1.40 billion | -6.5% |
| 2008 | -3.89 billion | +177.4% |
| 2009 | -214.70 million | -94.5% |
| 2010 | -1.08 billion | +400.7% |
| 2011 | -4.62 billion | +329.3% |
| 2012 | -4.01 billion | -13.1% |
| 2013 | -2.54 billion | -36.6% |
| 2014 | -1.99 billion | -21.8% |
| 2015 | -1.88 billion | -5.3% |
| 2016 | -1.74 billion | -7.5% |
| 2017 | -2.31 billion | +32.5% |
| 2018 | -2.80 billion | +21.2% |
| 2019 | -1.84 billion | -34.1% |
| 2020 | -1.19 billion | -35.6% |
| 2021 | -3.28 billion | +176.7% |
| 2022 | -1.45 billion | -55.9% |
| 2023 | 1.44 billion | -199.4% |
| 2024 | 1.21 billion | -16.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.53 billion | -3.89 billion | -214.70 million | 5 |
| 2010s | -2.48 billion | -4.62 billion | -1.08 billion | 10 |
| 2020s | -654.98 million | -3.28 billion | 1.44 billion | 5 |
Countries ranked near Sri Lanka
- 52 Bangladesh 1.43 billion compare
- 53 Bermuda 1.32 billion compare
- 54 Trinidad and Tobago 1.23 billion compare
- 56 Tajikistan 887.02 million compare
- 57 Nicaragua 817.62 million compare
- 58 Jamaica 678.81 million compare
More financial sector data for Sri Lanka
- Total reserves in months of imports, annual growth rate 20.22 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 43.47 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0466 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 211.59 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 42.41 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 211.84 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 42.32 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 213.21 SDR per person (2024)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Sri Lanka?
- Current account balance (credit less debit), net (credits less debits) in Sri Lanka was 1.21 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The highest recorded value was 1.44 billion in 2023.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The lowest recorded value was -4.62 billion in 2011.
- How does Sri Lanka rank for current account balance (credit less debit), net (credits less debits)?
- Sri Lanka ranks 55th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Sri Lanka?
- Over the last ten years it is up 160.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.