Goods balance (credit less debit), Net (credits less debits) (US) in Sri Lanka
Sri Lanka: Goods balance (credit less debit), Net (credits less debits) (US) was -6.07 billion in 2024. ▼ Falling
Goods balance (credit less debit), Net (credits less debits) in Sri Lanka, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Sri Lanka is -6.07 billion, measured in 2024.
The figure is down 23.9% on the previous year and up 26.8% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Sri Lanka peaked at -1.63 billion in 2005 and was at its lowest, -10.34 billion, in 2018.
That places Sri Lanka 159th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Goods balance (credit less debit), Net (credits less debits) (US) in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -1.63 billion | — |
| 2006 | -2.35 billion | +43.9% |
| 2007 | -2.53 billion | +7.8% |
| 2008 | -4.57 billion | +80.9% |
| 2009 | -2.10 billion | -54.0% |
| 2010 | -3.48 billion | +65.6% |
| 2011 | -7.68 billion | +120.8% |
| 2012 | -9.42 billion | +22.6% |
| 2013 | -7.61 billion | -19.2% |
| 2014 | -8.29 billion | +8.9% |
| 2015 | -8.39 billion | +1.2% |
| 2016 | -8.87 billion | +5.8% |
| 2017 | -9.62 billion | +8.4% |
| 2018 | -10.34 billion | +7.5% |
| 2019 | -8.00 billion | -22.7% |
| 2020 | -6.01 billion | -24.9% |
| 2021 | -8.14 billion | +35.5% |
| 2022 | -5.18 billion | -36.3% |
| 2023 | -4.90 billion | -5.5% |
| 2024 | -6.07 billion | +23.9% |
Sri Lanka compared with similar countries
- Sri Lanka's -6.07 billion is below the median for upper middle income countries, which is -778.45 million, 7.8× the median. (54 countries reporting)
- Sri Lanka's -6.07 billion is above the median for South Asia, which is -8.33 billion, 73% of the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.64 billion | -4.57 billion | -1.63 billion | 5 |
| 2010s | -8.17 billion | -10.34 billion | -3.48 billion | 10 |
| 2020s | -6.06 billion | -8.14 billion | -4.90 billion | 5 |
Countries ranked near Sri Lanka
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 goods balance (credit less debit), net (credits less debits) in Sri Lanka?
- Goods balance (credit less debit), net (credits less debits) in Sri Lanka was -6.07 billion in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The highest recorded value was -1.63 billion in 2005.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The lowest recorded value was -10.34 billion in 2018.
- How does Sri Lanka rank for goods balance (credit less debit), net (credits less debits)?
- Sri Lanka ranks 159th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Sri Lanka?
- Over the last ten years it is up 26.8%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from International Monetary Fund, published as part of Goods 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.