Secondary income balance (credit less debit), Net (credits less) in Sri Lanka
Sri Lanka: Secondary income balance (credit less debit), Net (credits less) was 6.44 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Sri Lanka, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, secondary income balance (credit less debit), net (credits less) in Sri Lanka stood at 6.44 billion.
Compared with earlier readings it is up 10.4% on the previous year and up 3.4% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Sri Lanka peaked at 6.45 billion in 2016 and was at its lowest, 1.83 billion, in 2005.
Sri Lanka ranks 23rd of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.83 billion | — |
| 2006 | 2.00 billion | +9.6% |
| 2007 | 2.31 billion | +15.3% |
| 2008 | 2.67 billion | +15.4% |
| 2009 | 3.00 billion | +12.7% |
| 2010 | 3.66 billion | +21.8% |
| 2011 | 4.64 billion | +26.8% |
| 2012 | 5.39 billion | +16.1% |
| 2013 | 5.64 billion | +4.6% |
| 2014 | 6.23 billion | +10.4% |
| 2015 | 6.19 billion | -0.5% |
| 2016 | 6.45 billion | +4.2% |
| 2017 | 6.33 billion | -2.0% |
| 2018 | 6.16 billion | -2.6% |
| 2019 | 5.77 billion | -6.4% |
| 2020 | 6.21 billion | +7.6% |
| 2021 | 5.23 billion | -15.8% |
| 2022 | 3.50 billion | -33.1% |
| 2023 | 5.83 billion | +66.9% |
| 2024 | 6.44 billion | +10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.36 billion | 1.83 billion | 3.00 billion | 5 |
| 2010s | 5.65 billion | 3.66 billion | 6.45 billion | 10 |
| 2020s | 5.44 billion | 3.50 billion | 6.44 billion | 5 |
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 secondary income balance (credit less debit), net (credits less) in Sri Lanka?
- Secondary income balance (credit less debit), net (credits less) in Sri Lanka was 6.44 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Sri Lanka?
- The highest recorded value was 6.45 billion in 2016.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Sri Lanka?
- The lowest recorded value was 1.83 billion in 2005.
- How does Sri Lanka rank for secondary income balance (credit less debit), net (credits less)?
- Sri Lanka ranks 23rd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Sri Lanka?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is rising.
- Where does this Sri Lanka data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.