Services balance (credit less debit), Net (credits less debits) in Sri Lanka
Sri Lanka: Services balance (credit less debit), Net (credits less debits) was 3.43 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Sri Lanka, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Sri Lanka is 3.43 billion, measured in 2024.
The figure is up 12.5% on the previous year and up 82.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Sri Lanka peaked at 3.77 billion in 2018 and was at its lowest, -1.01 billion, in 2008.
That places Sri Lanka 39th out of 197 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -548.57 million | — |
| 2006 | -768.70 million | +40.1% |
| 2007 | -826.75 million | +7.6% |
| 2008 | -1.01 billion | +21.9% |
| 2009 | -630.06 million | -37.5% |
| 2010 | -638.47 million | +1.3% |
| 2011 | -928.04 million | +45.4% |
| 2012 | 1.26 billion | -235.9% |
| 2013 | 1.18 billion | -6.5% |
| 2014 | 1.88 billion | +59.3% |
| 2015 | 2.32 billion | +23.7% |
| 2016 | 2.88 billion | +23.8% |
| 2017 | 3.30 billion | +14.7% |
| 2018 | 3.77 billion | +14.0% |
| 2019 | 2.85 billion | -24.3% |
| 2020 | 819.41 million | -71.2% |
| 2021 | 1.59 billion | +93.6% |
| 2022 | 2.11 billion | +33.0% |
| 2023 | 3.05 billion | +44.7% |
| 2024 | 3.43 billion | +12.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -756.32 million | -1.01 billion | -548.57 million | 5 |
| 2010s | 1.79 billion | -928.04 million | 3.77 billion | 10 |
| 2020s | 2.20 billion | 819.41 million | 3.43 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 services balance (credit less debit), net (credits less debits) in Sri Lanka?
- Services balance (credit less debit), net (credits less debits) in Sri Lanka was 3.43 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The highest recorded value was 3.77 billion in 2018.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Sri Lanka?
- The lowest recorded value was -1.01 billion in 2008.
- How does Sri Lanka rank for services balance (credit less debit), net (credits less debits)?
- Sri Lanka ranks 39th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Sri Lanka?
- Over the last ten years it is up 82.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.