Annual growth of imports of goods and services in Sri Lanka
Sri Lanka: Annual growth of imports of goods and services was 22.5% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Sri Lanka, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of imports of goods and services in Sri Lanka stood at 22.5%. That is the highest value across all 19 years on record.
The figure is up 150.9% on the previous year and up 221.2% over ten years.
Over the whole period, annual growth of imports of goods and services in Sri Lanka peaked at 22.5% in 2024 and was at its lowest, -20.1%, in 2020.
That places Sri Lanka 8th out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 14.9% | — |
| 2001 | -9.5% | -164.0% |
| 2002 | 11.2% | -217.7% |
| 2003 | 11.2% | +0.3% |
| 2004 | 9.0% | -19.9% |
| 2005 | 2.7% | -70.2% |
| 2006 | 6.9% | +158.1% |
| 2007 | 3.7% | -46.2% |
| 2008 | 4.0% | +7.5% |
| 2009 | -9.6% | -338.9% |
| 2016 | 7.0% | -172.9% |
| 2017 | 6.7% | -3.7% |
| 2018 | 3.3% | -51.5% |
| 2019 | -3.5% | -207.4% |
| 2020 | -20.1% | +472.5% |
| 2021 | 4.1% | -120.4% |
| 2022 | -19.9% | -584.9% |
| 2023 | 8.9% | -145.0% |
| 2024 | 22.5% | +150.9% |
Sri Lanka compared with similar countries
- Sri Lanka's 22.5% is above the median for upper middle income countries, which is 6.1%, 3.7× the median. (46 countries reporting)
- Sri Lanka's 22.5% is above the median for South Asia, which is -1.6%. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | -9.6% | 14.9% | 10 |
| 2010s | 3.4% | -3.5% | 7.0% | 4 |
| 2020s | -0.9% | -20.1% | 22.5% | 5 |
Countries ranked near Sri Lanka
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 imports of goods and services in Sri Lanka?
- Annual growth of imports of goods and services in Sri Lanka was 22.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Sri Lanka?
- The highest recorded value was 22.5% in 2024.
- What is the lowest annual growth of imports of goods and services recorded in Sri Lanka?
- The lowest recorded value was -20.1% in 2020.
- How does Sri Lanka rank for annual growth of imports of goods and services?
- Sri Lanka ranks 8th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Sri Lanka?
- Over the last ten years it is up 221.2%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under UN SDG Global Database (open, attribution requested).