Savings Rate, Percent per annum in Sri Lanka
Sri Lanka: Savings Rate, Percent per annum was 7.79 in 2019. ▼ Falling
Savings Rate, Percent per annum in Sri Lanka, 2001–2019
Source: International Monetary Fund.
Analysis
Sri Lanka recorded 7.79 for savings rate, percent per annum in 2019.
Compared with earlier readings it is down 12.6% on the previous year and down 44.7% over ten years.
Over the whole period, savings rate, percent per annum in Sri Lanka peaked at 16.48 in 2008 and was at its lowest, 7.59, in 2004.
Sri Lanka ranks 6th of 63 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Savings Rate, Percent per annum in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 12 | — |
| 2002 | 11.58 | -3.5% |
| 2003 | 8.92 | -23.0% |
| 2004 | 7.59 | -14.9% |
| 2005 | 8.88 | +17.0% |
| 2006 | 9.88 | +11.3% |
| 2007 | 14 | +41.8% |
| 2008 | 16.48 | +17.7% |
| 2009 | 14.08 | -14.5% |
| 2010 | 9.62 | -31.7% |
| 2011 | 8.62 | -10.4% |
| 2012 | 9.79 | +13.5% |
| 2013 | 10.35 | +5.7% |
| 2014 | 8.71 | -15.9% |
| 2015 | 8.08 | -7.2% |
| 2016 | 8.71 | +7.7% |
| 2017 | 9.17 | +5.3% |
| 2018 | 8.92 | -2.7% |
| 2019 | 7.79 | -12.6% |
Sri Lanka compared with similar countries
- Sri Lanka's 7.79 is above the median for upper middle income countries, which is 1.91, 4.1× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.49 | 7.59 | 16.48 | 9 |
| 2010s | 8.98 | 7.79 | 10.35 | 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 savings rate, percent per annum in Sri Lanka?
- Savings rate, percent per annum in Sri Lanka was 7.79 in 2019, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Sri Lanka?
- The highest recorded value was 16.48 in 2008.
- What is the lowest savings rate, percent per annum recorded in Sri Lanka?
- The lowest recorded value was 7.59 in 2004.
- How does Sri Lanka rank for savings rate, percent per annum?
- Sri Lanka ranks 6th out of 63 countries with data for 2019.
- Is savings rate, percent per annum rising or falling in Sri Lanka?
- Over the last ten years it is down 44.7%. 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 Savings Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.