Debt service as a proportion of exports of goods, services and in Sri Lanka
Sri Lanka: Debt service as a proportion of exports of goods, services and was 10.3% in 2023. ◆ Volatile
Latest (2023)
10.3%
Change on year
down 23.1%
World rank
36th
of 125 countries
All-time high
33.0%
in 2020
All-time low
4.6%
in 2005
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Sri Lanka, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Sri Lanka is 10.3%, measured in 2023.
The figure is down 23.1% on the previous year and down 14.3% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Sri Lanka peaked at 33.0% in 2020 and was at its lowest, 4.6%, in 2005.
Sri Lanka ranks 36th of 125 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.
Debt service as a proportion of exports of goods, services and in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 10.9% | — |
| 2001 | 9.6% | -11.3% |
| 2002 | 9.4% | -2.0% |
| 2003 | 7.8% | -17.4% |
| 2004 | 9.0% | +15.0% |
| 2005 | 4.6% | -49.0% |
| 2006 | 9.7% | +113.5% |
| 2007 | 7.6% | -22.1% |
| 2008 | 10.6% | +39.3% |
| 2009 | 13.3% | +25.7% |
| 2010 | 10.7% | -19.4% |
| 2011 | 7.8% | -26.9% |
| 2012 | 13.3% | +70.3% |
| 2013 | 12.0% | -10.3% |
| 2014 | 24.3% | +103.0% |
| 2015 | 17.4% | -28.4% |
| 2016 | 14.6% | -15.8% |
| 2017 | 19.2% | +31.4% |
| 2018 | 21.7% | +12.9% |
| 2019 | 25.4% | +17.0% |
| 2020 | 33.0% | +30.1% |
| 2021 | 27.9% | -15.4% |
| 2022 | 13.3% | -52.3% |
| 2023 | 10.3% | -23.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 10.3% is above the median for upper middle income countries, which is 7.6%, 1.3× the median. (49 countries reporting)
- Sri Lanka's 10.3% is above the median for South Asia, which is 8.9%, 1.1× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.2% | 4.6% | 13.3% | 10 |
| 2010s | 16.6% | 7.8% | 25.4% | 10 |
| 2020s | 21.1% | 10.3% | 33.0% | 4 |
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 debt service as a proportion of exports of goods, services and in Sri Lanka?
- Debt service as a proportion of exports of goods, services and in Sri Lanka was 10.3% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Sri Lanka?
- The highest recorded value was 33.0% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Sri Lanka?
- The lowest recorded value was 4.6% in 2005.
- How does Sri Lanka rank for debt service as a proportion of exports of goods, services and?
- Sri Lanka ranks 36th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Sri Lanka?
- Over the last ten years it is down 14.3%. 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 Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under UN SDG Global Database (open, attribution requested).