Annual growth of exports of goods and services in Sri Lanka
Sri Lanka: Annual growth of exports of goods and services was 12.5% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Sri Lanka, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in Sri Lanka is 12.5%, measured in 2024.
That represents a change of down 5.4% on the previous year and up 156.7% over ten years.
Over the whole period, annual growth of exports of goods and services in Sri Lanka peaked at 18.0% in 2000 and was at its lowest, -29.6%, in 2020.
Sri Lanka ranks 32nd of 176 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 18.0% | — |
| 2001 | -5.3% | -129.3% |
| 2002 | 6.3% | -218.8% |
| 2003 | 3.4% | -46.3% |
| 2004 | 7.7% | +130.4% |
| 2005 | 6.7% | -14.1% |
| 2006 | 3.8% | -42.3% |
| 2007 | 7.3% | +90.9% |
| 2008 | 0.4% | -94.7% |
| 2009 | -12.3% | -3256.4% |
| 2016 | 4.9% | -139.6% |
| 2017 | 7.7% | +57.3% |
| 2018 | 5.4% | -29.8% |
| 2019 | 1.7% | -68.4% |
| 2020 | -29.6% | -1838.8% |
| 2021 | 10.1% | -134.2% |
| 2022 | 9.8% | -3.4% |
| 2023 | 13.2% | +35.1% |
| 2024 | 12.5% | -5.4% |
Sri Lanka compared with similar countries
- Sri Lanka's 12.5% is above the median for upper middle income countries, which is 3.3%, 3.8× the median. (48 countries reporting)
- Sri Lanka's 12.5% is above the median for South Asia, which is 9.1%, 1.4× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services 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 |
|---|---|---|---|
| 2009 | -3256.4% | 0.4% | -12.3% |
| 2020 | -1838.8% | 1.7% | -29.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | -12.3% | 18.0% | 10 |
| 2010s | 4.9% | 1.7% | 7.7% | 4 |
| 2020s | 3.2% | -29.6% | 13.2% | 5 |
Countries ranked near Sri Lanka
- 29 Venezuela, Bolivarian Republic of 13.5% compare
- 30 Tajikistan 13.4% compare
- 31 Senegal 12.6% compare
- 33 El Salvador 12.1% compare
- 34 Mauritania 12.0% compare
- 35 Nepal 11.8% compare
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- Foreign direct investment, net outflows (BoP, current US$), gaps 110.33 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0011 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 761.14 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 34.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Sri Lanka?
- Annual growth of exports of goods and services in Sri Lanka was 12.5% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Sri Lanka?
- The highest recorded value was 18.0% in 2000.
- What is the lowest annual growth of exports of goods and services recorded in Sri Lanka?
- The lowest recorded value was -29.6% in 2020.
- How does Sri Lanka rank for annual growth of exports of goods and services?
- Sri Lanka ranks 32nd out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Sri Lanka?
- Over the last ten years it is up 156.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).