Gross National Income — Annual growth Standard Local Currency in Sri Lanka
Sri Lanka: Gross National Income — Annual growth Standard Local Currency was 14.09 % in 2023. ▼ Falling
Gross National Income — Annual growth Standard Local Currency in Sri Lanka, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Sri Lanka recorded 14.09 % for gross national income — annual growth standard local currency in 2023.
That represents a change of down 61.0% on the previous year and up 43.7% over ten years.
Over the whole period, gross national income — annual growth standard local currency in Sri Lanka peaked at 36.1 % in 2022 and was at its lowest, -1.43 %, in 2020.
That places Sri Lanka 42nd out of 202 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 53 years of available data.
Gross National Income — Annual growth Standard Local Currency in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 2.31 % | — |
| 1972 | 12.6 % | +444.9% |
| 1973 | 16.85 % | +33.7% |
| 1974 | 29.57 % | +75.5% |
| 1975 | 10.32 % | -65.1% |
| 1976 | 14.4 % | +39.5% |
| 1977 | 19.45 % | +35.0% |
| 1978 | 20.91 % | +7.5% |
| 1979 | 23.36 % | +11.7% |
| 1980 | 24.19 % | +3.5% |
| 1981 | 21.73 % | -10.2% |
| 1982 | 15.62 % | -28.1% |
| 1983 | 21.37 % | +36.8% |
| 1984 | 24.1 % | +12.8% |
| 1985 | 7.21 % | -70.1% |
| 1986 | 9.23 % | +28.1% |
| 1987 | 9.23 % | -0.1% |
| 1988 | 15.96 % | +73.0% |
| 1989 | 13.58 % | -14.9% |
| 1990 | 28.34 % | +108.8% |
| 1991 | 16.43 % | -42.0% |
| 1992 | 14.24 % | -13.4% |
| 1993 | 19.28 % | +35.4% |
| 1994 | 15.68 % | -18.7% |
| 1995 | 14.74 % | -6.0% |
| 1996 | 16.02 % | +8.7% |
| 1997 | 15.97 % | -0.3% |
| 1998 | 13.4 % | -16.1% |
| 1999 | 8.35 % | -37.7% |
| 2000 | 12.84 % | +53.8% |
| 2001 | 11.56 % | -10.0% |
| 2002 | 14.29 % | +23.6% |
| 2003 | 12.03 % | -15.8% |
| 2004 | 14.63 % | +21.6% |
| 2005 | 17.03 % | +16.4% |
| 2006 | 20.3 % | +19.2% |
| 2007 | 22.82 % | +12.4% |
| 2008 | 22.33 % | -2.2% |
| 2009 | 11.63 % | -47.9% |
| 2010 | 16.44 % | +41.4% |
| 2011 | 13.29 % | -19.2% |
| 2012 | 20.69 % | +55.6% |
| 2013 | 9.81 % | -52.6% |
| 2014 | 8.71 % | -11.2% |
| 2015 | 6.03 % | -30.8% |
| 2016 | 10.64 % | +76.3% |
| 2017 | 12.34 % | +16.0% |
| 2018 | 6.61 % | -46.4% |
| 2019 | 3.39 % | -48.7% |
| 2020 | -1.43 % | -142.2% |
| 2021 | 12.91 % | -1003.1% |
| 2022 | 36.1 % | +179.7% |
| 2023 | 14.09 % | -61.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.64 % | 2.31 % | 29.57 % | 9 |
| 1980s | 16.22 % | 7.21 % | 24.19 % | 10 |
| 1990s | 16.24 % | 8.35 % | 28.34 % | 10 |
| 2000s | 15.95 % | 11.56 % | 22.82 % | 10 |
| 2010s | 10.8 % | 3.39 % | 20.69 % | 10 |
| 2020s | 15.42 % | -1.43 % | 36.1 % | 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)
- Exports of goods and services (current LCU), annual growth rate 4.48 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 57.08 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 285,530 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 5.06 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2134 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,067 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 18.92 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2077 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — annual growth standard local currency in Sri Lanka?
- Gross national income — annual growth standard local currency in Sri Lanka was 14.09 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth standard local currency recorded in Sri Lanka?
- The highest recorded value was 36.1 % in 2022.
- What is the lowest gross national income — annual growth standard local currency recorded in Sri Lanka?
- The lowest recorded value was -1.43 % in 2020.
- How does Sri Lanka rank for gross national income — annual growth standard local currency?
- Sri Lanka ranks 42nd out of 202 countries with data for 2023.
- Is gross national income — annual growth standard local currency rising or falling in Sri Lanka?
- Over the last ten years it is up 43.7%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).