Net domestic credit (current LCU), annual growth rate in Sri Lanka
Sri Lanka: Net domestic credit (current LCU), annual growth rate was 8.91 % change on previous year in 2019. ◆ Volatile
Net domestic credit (current LCU), annual growth rate in Sri Lanka, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, net domestic credit (current lcu), annual growth rate in Sri Lanka stood at 8.91 % change on previous year.
The figure is down 19.9% on the previous year and up 33,723.1% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in Sri Lanka peaked at 79.34 % change on previous year in 1980 and was at its lowest, -23.97 % change on previous year, in 1991.
That places Sri Lanka 96th out of 186 countries with data for 2019, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net domestic credit (current LCU), annual growth rate in Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 13.31 % change on previous year | — |
| 1962 | 10.64 % change on previous year | -20.1% |
| 1963 | 14.73 % change on previous year | +38.4% |
| 1964 | 10.72 % change on previous year | -27.2% |
| 1965 | 4.07 % change on previous year | -62.1% |
| 1966 | 4.64 % change on previous year | +14.1% |
| 1967 | 17.94 % change on previous year | +286.4% |
| 1968 | 13.56 % change on previous year | -24.4% |
| 1969 | 12.5 % change on previous year | -7.8% |
| 1970 | 10.04 % change on previous year | -19.7% |
| 1971 | 8.42 % change on previous year | -16.1% |
| 1972 | 4.98 % change on previous year | -40.8% |
| 1973 | -3.77 % change on previous year | -175.6% |
| 1974 | 20.27 % change on previous year | -637.8% |
| 1975 | 7.13 % change on previous year | -64.8% |
| 1976 | 31.27 % change on previous year | +338.5% |
| 1977 | 37.98 % change on previous year | +21.5% |
| 1978 | 25 % change on previous year | -34.2% |
| 1979 | 40.75 % change on previous year | +63.0% |
| 1980 | 79.34 % change on previous year | +94.7% |
| 1981 | 25.23 % change on previous year | -68.2% |
| 1982 | 19.85 % change on previous year | -21.3% |
| 1983 | 16.26 % change on previous year | -18.1% |
| 1984 | -1.96 % change on previous year | -112.0% |
| 1985 | 19.05 % change on previous year | -1072.4% |
| 1986 | 9.2 % change on previous year | -51.7% |
| 1987 | 14.95 % change on previous year | +62.5% |
| 1988 | 26.89 % change on previous year | +79.9% |
| 1989 | -4.88 % change on previous year | -118.1% |
| 1990 | 19.02 % change on previous year | -490.1% |
| 1991 | -23.97 % change on previous year | -226.0% |
| 1992 | 66.64 % change on previous year | -378.0% |
| 1993 | 4.42 % change on previous year | -93.4% |
| 1994 | 16.62 % change on previous year | +276.2% |
| 1995 | 44.89 % change on previous year | +170.0% |
| 1996 | 8.9 % change on previous year | -80.2% |
| 1997 | 10.06 % change on previous year | +13.0% |
| 1998 | 13.86 % change on previous year | +37.8% |
| 1999 | 16.17 % change on previous year | +16.7% |
| 2000 | 27.02 % change on previous year | +67.1% |
| 2001 | 10.79 % change on previous year | -60.1% |
| 2002 | 12.41 % change on previous year | +15.0% |
| 2003 | 9.21 % change on previous year | -25.8% |
| 2004 | 20.07 % change on previous year | +118.1% |
| 2005 | 18.81 % change on previous year | -6.3% |
| 2006 | 28.24 % change on previous year | +50.2% |
| 2007 | 16.26 % change on previous year | -42.4% |
| 2008 | 18.51 % change on previous year | +13.8% |
| 2009 | -0.0265 % change on previous year | -100.1% |
| 2010 | 20.83 % change on previous year | -78670.8% |
| 2011 | 69.94 % change on previous year | +235.8% |
| 2012 | 22.23 % change on previous year | -68.2% |
| 2013 | 16.61 % change on previous year | -25.3% |
| 2014 | 14.36 % change on previous year | -13.5% |
| 2015 | 18.5 % change on previous year | +28.8% |
| 2016 | 14.4 % change on previous year | -22.2% |
| 2017 | 12.96 % change on previous year | -10.0% |
| 2018 | 11.13 % change on previous year | -14.1% |
| 2019 | 8.91 % change on previous year | -19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.34 % change on previous year | 4.07 % change on previous year | 17.94 % change on previous year | 9 |
| 1970s | 18.21 % change on previous year | -3.77 % change on previous year | 40.75 % change on previous year | 10 |
| 1980s | 20.39 % change on previous year | -4.88 % change on previous year | 79.34 % change on previous year | 10 |
| 1990s | 17.66 % change on previous year | -23.97 % change on previous year | 66.64 % change on previous year | 10 |
| 2000s | 16.13 % change on previous year | -0.0265 % change on previous year | 28.24 % change on previous year | 10 |
| 2010s | 20.99 % change on previous year | 8.91 % change on previous year | 69.94 % change on previous year | 10 |
Countries ranked near Sri Lanka
More financial sector data for Sri Lanka
- Total reserves (gold at national valuation) (SDR), annual growth rate 42.32 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 213.23 SDR per person (2024)
- 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)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in Sri Lanka?
- Net domestic credit (current lcu), annual growth rate in Sri Lanka was 8.91 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in Sri Lanka?
- The highest recorded value was 79.34 % change on previous year in 1980.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in Sri Lanka?
- The lowest recorded value was -23.97 % change on previous year in 1991.
- How does Sri Lanka rank for net domestic credit (current lcu), annual growth rate?
- Sri Lanka ranks 96th out of 186 countries with data for 2019.
- Is net domestic credit (current lcu), annual growth rate rising or falling in Sri Lanka?
- Over the last ten years it is up 33,723.1%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.