Current account balance in Sri Lanka
Sri Lanka: Current account balance was 1.21 billion BoP, current US$ in 2024. ◆ Volatile
Current account balance in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, current account balance in Sri Lanka stood at 1.21 billion BoP, current US$.
That represents a change of down 16.2% on the previous year and up 160.7% over ten years.
Over the whole period, current account balance in Sri Lanka peaked at 1.44 billion BoP, current US$ in 2023 and was at its lowest, -4.62 billion BoP, current US$, in 2011.
Sri Lanka ranks 50th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -53.13 million BoP, current US$ | -226.31 million BoP, current US$ | 142.19 million BoP, current US$ | 5 |
| 1980s | -408.29 million BoP, current US$ | -655.30 million BoP, current US$ | 878,909 BoP, current US$ | 10 |
| 1990s | -511.97 million BoP, current US$ | -769.94 million BoP, current US$ | -227.66 million BoP, current US$ | 10 |
| 2000s | -986.29 million BoP, current US$ | -3.89 billion BoP, current US$ | -70.72 million BoP, current US$ | 10 |
| 2010s | -2.48 billion BoP, current US$ | -4.62 billion BoP, current US$ | -1.08 billion BoP, current US$ | 10 |
| 2020s | -654.98 million BoP, current US$ | -3.28 billion BoP, current US$ | 1.44 billion BoP, current US$ | 5 |
Countries ranked near Sri Lanka
- 47 Nepal 1.68 billion BoP, current US$ compare
- 48 Bermuda 1.32 billion BoP, current US$ compare
- 49 Trinidad and Tobago 1.25 billion BoP, current US$ compare
- 51 Honduras 935.70 million BoP, current US$ compare
- 52 Lithuania 899.61 million BoP, current US$ compare
- 53 Nicaragua 817.62 million BoP, current US$ compare
More economy & growth data for Sri Lanka
- External balance on goods and services as a percent of GDP -3.9% (2025)
- Inflation of consumer prices -4.8% (2025)
- GDP per capita 4,439 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 17.1% (2025)
- Gross domestic product (GDP) 96.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,439 constant 2015 US$ (2025)
- DEC alternative conversion factor 300.95 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 2.39 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 7.96 billion current US$ (2025)
- Taxes less subsidies on products 3.79 trillion current LCU (2025)
Frequently asked questions
- What is current account balance in Sri Lanka?
- Current account balance in Sri Lanka was 1.21 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Sri Lanka?
- The highest recorded value was 1.44 billion BoP, current US$ in 2023.
- What is the lowest current account balance recorded in Sri Lanka?
- The lowest recorded value was -4.62 billion BoP, current US$ in 2011.
- How does Sri Lanka rank for current account balance?
- Sri Lanka ranks 50th out of 198 countries with data for 2024.
- Is current account balance rising or falling in Sri Lanka?
- Over the last ten years it is up 160.7%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.