Private credit by deposit money banks to GDP in Sri Lanka
Sri Lanka: Private credit by deposit money banks to GDP was 49.7% in 2019. ▲ Rising
Private credit by deposit money banks to GDP in Sri Lanka, 1960–2019
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Sri Lanka is 49.7%, measured in 2019.
Compared with earlier readings it is down 0.7% on the previous year and up 101.0% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Sri Lanka peaked at 50.0% in 2018 and was at its lowest, 7.2%, in 1962.
That places Sri Lanka 88th out of 187 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently rising across the 60 years of available data.
Private credit by deposit money banks to GDP in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 7.3% | — |
| 1961 | 7.3% | +0.8% |
| 1962 | 7.2% | -1.4% |
| 1963 | 8.6% | +19.3% |
| 1964 | 9.4% | +8.6% |
| 1965 | 9.2% | -2.0% |
| 1966 | 9.8% | +6.5% |
| 1967 | 10.3% | +5.8% |
| 1968 | 11.3% | +9.2% |
| 1969 | 12.4% | +9.4% |
| 1970 | 11.7% | -5.3% |
| 1971 | 12.4% | +5.6% |
| 1972 | 13.9% | +12.4% |
| 1973 | 11.6% | -16.5% |
| 1974 | 13.4% | +15.7% |
| 1975 | 12.7% | -5.7% |
| 1976 | 13.0% | +2.5% |
| 1977 | 15.7% | +21.0% |
| 1978 | 20.3% | +29.4% |
| 1979 | 22.6% | +11.4% |
| 1980 | 17.1% | -24.6% |
| 1981 | 18.1% | +6.2% |
| 1982 | 19.5% | +7.8% |
| 1983 | 21.0% | +7.6% |
| 1984 | 19.3% | -8.2% |
| 1985 | 20.2% | +4.7% |
| 1986 | 19.7% | -2.3% |
| 1987 | 20.2% | +2.2% |
| 1988 | 21.8% | +8.0% |
| 1989 | 20.2% | -7.4% |
| 1990 | 19.6% | -2.8% |
| 1991 | 8.8% | -55.1% |
| 1992 | 9.0% | +2.8% |
| 1993 | 9.8% | +8.5% |
| 1994 | 10.8% | +10.2% |
| 1995 | 31.0% | +186.1% |
| 1996 | 29.8% | -3.7% |
| 1997 | 29.4% | -1.5% |
| 1998 | 28.7% | -2.3% |
| 1999 | 29.2% | +1.9% |
| 2000 | 28.8% | -1.4% |
| 2001 | 28.1% | -2.6% |
| 2002 | 28.6% | +1.8% |
| 2003 | 28.9% | +1.2% |
| 2004 | 30.6% | +5.9% |
| 2005 | 32.9% | +7.4% |
| 2006 | 34.0% | +3.3% |
| 2007 | 33.3% | -2.1% |
| 2008 | 28.7% | -13.7% |
| 2009 | 24.7% | -13.9% |
| 2010 | 23.2% | -5.9% |
| 2011 | 27.8% | +19.5% |
| 2012 | 27.0% | -2.9% |
| 2013 | 26.4% | -2.1% |
| 2014 | 26.6% | +0.8% |
| 2015 | 31.5% | +18.4% |
| 2016 | 45.2% | +43.6% |
| 2017 | 47.2% | +4.5% |
| 2018 | 50.0% | +5.9% |
| 2019 | 49.7% | -0.7% |
Sri Lanka compared with similar countries
- Sri Lanka's 49.7% is above the median for upper middle income countries, which is 49.7%, 1.0× the median. (55 countries reporting)
- Sri Lanka's 49.7% is below the median for South Asia, which is 50.8%, 98% of the median. (6 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP 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 |
|---|---|---|---|
| 1995 | +186.1% | 10.8% | 31.0% |
| 1991 | -55.1% | 19.6% | 8.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.3% | 7.2% | 12.4% | 10 |
| 1970s | 14.7% | 11.6% | 22.6% | 10 |
| 1980s | 19.7% | 17.1% | 21.8% | 10 |
| 1990s | 20.6% | 8.8% | 31.0% | 10 |
| 2000s | 29.9% | 24.7% | 34.0% | 10 |
| 2010s | 35.5% | 23.2% | 50.0% | 10 |
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 private credit by deposit money banks to gdp in Sri Lanka?
- Private credit by deposit money banks to gdp in Sri Lanka was 49.7% in 2019, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Sri Lanka?
- The highest recorded value was 50.0% in 2018.
- What is the lowest private credit by deposit money banks to gdp recorded in Sri Lanka?
- The lowest recorded value was 7.2% in 1962.
- How does Sri Lanka rank for private credit by deposit money banks to gdp?
- Sri Lanka ranks 88th out of 187 countries with data for 2019.
- Is private credit by deposit money banks to gdp rising or falling in Sri Lanka?
- Over the last ten years it is up 101.0%. The long-run trend across the full record is rising.
- Where does this Sri Lanka data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
Download this data
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).