Services balance (credit less debit), Net (credits less debits) (US) in Sri Lanka
Sri Lanka: Services balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Sri Lanka compared with similar countries
- Sri Lanka's 3.43 billion is above the median for upper middle income countries, which is 5.85 million, 586.7× the median. (54 countries reporting)
- Sri Lanka's 3.43 billion is above the median for South Asia, which is 1.60 billion, 2.1× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2012 | +235.9% | -928.04 million | 1.26 billion |
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
- 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 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.
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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.