Current account balance (credit less debit), Net (credits less) in Sri Lanka
Sri Lanka: Current account balance (credit less debit), Net (credits less) 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) 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% |
Sri Lanka compared with similar countries
- Sri Lanka's 1.21 billion is above the median for upper middle income countries, which is -494.28 million. (54 countries reporting)
- Sri Lanka's 1.21 billion is above the median for South Asia, which is 268.04 million, 4.5× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -400.7% | -214.70 million | -1.08 billion |
| 2011 | -329.3% | -1.08 billion | -4.62 billion |
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1797 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1312 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1797 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
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.