Net domestic credit in Sri Lanka
Sri Lanka: Net domestic credit was 11.70 trillion current LCU in 2019. ◆ Volatile
Net domestic credit in Sri Lanka, 1960–2019
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net domestic credit in Sri Lanka is 11.70 trillion current LCU, measured in 2019. That is the highest value across all 60 years on record.
Compared with earlier readings it is up 8.9% on the previous year and up 520.3% over ten years.
Over the whole period, net domestic credit in Sri Lanka peaked at 11.70 trillion current LCU in 2019 and was at its lowest, 1.44 billion current LCU, in 1960.
That places Sri Lanka 43rd out of 186 countries with data for 2019, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.41 billion current LCU | 1.44 billion current LCU | 3.75 billion current LCU | 10 |
| 1970s | 7.90 billion current LCU | 4.13 billion current LCU | 18.56 billion current LCU | 10 |
| 1980s | 67.74 billion current LCU | 33.28 billion current LCU | 107.95 billion current LCU | 10 |
| 1990s | 242.43 billion current LCU | 92.92 billion current LCU | 433.12 billion current LCU | 10 |
| 2000s | 1.13 trillion current LCU | 550.16 billion current LCU | 1.89 trillion current LCU | 10 |
| 2010s | 7.09 trillion current LCU | 2.28 trillion current LCU | 11.70 trillion current LCU | 10 |
Countries ranked near Sri Lanka
- 40 Mexico 16.30 trillion current LCU compare
- 41 Lao People's Democratic Republic 15.71 trillion current LCU compare
- 42 South Sudan 13.26 trillion current LCU compare
- 44 Senegal 11.46 trillion current LCU compare
- 45 Sweden 10.22 trillion current LCU compare
- 46 Armenia 9.58 trillion current LCU compare
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 net domestic credit in Sri Lanka?
- Net domestic credit in Sri Lanka was 11.70 trillion current LCU in 2019, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest net domestic credit recorded in Sri Lanka?
- The highest recorded value was 11.70 trillion current LCU in 2019.
- What is the lowest net domestic credit recorded in Sri Lanka?
- The lowest recorded value was 1.44 billion current LCU in 1960.
- How does Sri Lanka rank for net domestic credit?
- Sri Lanka ranks 43rd out of 186 countries with data for 2019.
- Is net domestic credit rising or falling in Sri Lanka?
- Over the last ten years it is up 520.3%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Net domestic credit (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net domestic credit is the sum of net claims on the central government and claims on other sectors of the domestic economy. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.