Loans from nonresident banks (net) to GDP in Sri Lanka
Sri Lanka: Loans from nonresident banks (net) to GDP was -1.2% in 2020. ◆ Volatile
Loans from nonresident banks (net) to GDP in Sri Lanka, 1982–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, loans from nonresident banks (net) to gdp in Sri Lanka stood at -1.2%. That is the lowest value across all 13 years on record.
Compared with earlier readings it is down 986.4% on the previous year and down 170.1% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Sri Lanka peaked at 1.9% in 2015 and was at its lowest, -1.2%, in 2020.
That places Sri Lanka 88th out of 98 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 1982 | 0.3% | — |
| 1992 | -0.2% | -198.3% |
| 1998 | 0.4% | -266.4% |
| 2004 | 0.5% | +17.6% |
| 2007 | 1.5% | +219.4% |
| 2008 | -0.2% | -110.3% |
| 2009 | 1.0% | -695.6% |
| 2010 | 1.8% | +85.4% |
| 2012 | -0.7% | -141.4% |
| 2013 | 0.1% | -118.4% |
| 2015 | 1.9% | +1283.0% |
| 2018 | -0.1% | -106.1% |
| 2020 | -1.2% | +986.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3% | 0.3% | 0.3% | 1 |
| 1990s | 0.1% | -0.2% | 0.4% | 2 |
| 2000s | 0.7% | -0.2% | 1.5% | 4 |
| 2010s | 0.6% | -0.7% | 1.9% | 5 |
| 2020s | -1.2% | -1.2% | -1.2% | 1 |
Countries ranked near Sri Lanka
More financial sector data for Sri Lanka
- Net domestic credit (current LCU), per capita 536,545 current LCU per person (2019)
- Net domestic credit (current LCU), per unit of GDP 131.44 current LCU per US$ of GDP (2019)
- Net domestic credit (current LCU), annual growth rate 8.91 % change on previous year (2019)
- Gold reserves at 35 SDRs per ounce 528,500 SDR (2024)
- Gold reserves at market value 30.21 million SDR (2024)
- Reserves excluding gold, foreign exchange 4.64 billion SDR (2024)
- Reserves excluding gold 4.64 billion SDR (2024)
- Total reserves (gold at market value) 4.67 billion SDR (2024)
- Total reserves (gold at national valuation) 4.67 billion SDR (2024)
- Total reserves (gold at national valuation) (SDR), per capita 213.23 SDR per person (2024)
Frequently asked questions
- What is loans from nonresident banks (net) to gdp in Sri Lanka?
- Loans from nonresident banks (net) to gdp in Sri Lanka was -1.2% in 2020, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Sri Lanka?
- The highest recorded value was 1.9% in 2015.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Sri Lanka?
- The lowest recorded value was -1.2% in 2020.
- How does Sri Lanka rank for loans from nonresident banks (net) to gdp?
- Sri Lanka ranks 88th out of 98 countries with data for 2020.
- Is loans from nonresident banks (net) to gdp rising or falling in Sri Lanka?
- Over the last ten years it is down 170.1%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of net offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 12A (Net Issues): International debt securities - all issuers.