Current account balance as a share of GDP in Sri Lanka
Sri Lanka: Current account balance as a share of GDP was 1.2% in 2024. ◆ Volatile
Current account balance as a share of GDP in Sri Lanka, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Sri Lanka recorded 1.2% for current account balance as a share of gdp in 2024.
Compared with earlier readings it is down 29.1% on the previous year and up 150.6% over ten years.
Over the whole period, current account balance as a share of gdp in Sri Lanka peaked at 1.7% in 2023 and was at its lowest, -9.5%, in 2008.
Sri Lanka ranks 71st of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -6.3% | — |
| 2001 | -1.4% | -78.2% |
| 2002 | -1.4% | +4.4% |
| 2003 | -0.4% | -74.1% |
| 2004 | -3.1% | +745.9% |
| 2005 | -2.7% | -15.0% |
| 2006 | -5.3% | +99.2% |
| 2007 | -4.3% | -18.3% |
| 2008 | -9.5% | +120.3% |
| 2009 | -0.5% | -94.7% |
| 2010 | -1.8% | +258.8% |
| 2011 | -6.8% | +272.1% |
| 2012 | -5.7% | -16.4% |
| 2013 | -3.3% | -42.0% |
| 2014 | -2.4% | -27.0% |
| 2015 | -2.2% | -8.3% |
| 2016 | -2.0% | -10.4% |
| 2017 | -2.5% | +23.7% |
| 2018 | -3.0% | +20.8% |
| 2019 | -2.1% | -30.1% |
| 2020 | -1.4% | -31.9% |
| 2021 | -3.7% | +163.1% |
| 2022 | -1.9% | -47.4% |
| 2023 | 1.7% | -188.2% |
| 2024 | 1.2% | -29.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.5% | -9.5% | -0.4% | 10 |
| 2010s | -3.2% | -6.8% | -1.8% | 10 |
| 2020s | -0.8% | -3.7% | 1.7% | 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)
- Industry (including construction), value added (constant 2015 US$) 7.79 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2432 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,216 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.79 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 33.06 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 165,349 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5463 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Sri Lanka?
- Current account balance as a share of gdp in Sri Lanka was 1.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Sri Lanka?
- The highest recorded value was 1.7% in 2023.
- What is the lowest current account balance as a share of gdp recorded in Sri Lanka?
- The lowest recorded value was -9.5% in 2008.
- How does Sri Lanka rank for current account balance as a share of gdp?
- Sri Lanka ranks 71st out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Sri Lanka?
- Over the last ten years it is up 150.6%. 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 – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Current account balance as a proportion of GDP (%).