Gross savings (current LCU), annual growth rate in Sri Lanka
Sri Lanka: Gross savings (current LCU), annual growth rate was 15.83 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Sri Lanka, 1976–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross savings (current lcu), annual growth rate in Sri Lanka is 15.83 % change on previous year, measured in 2024.
That represents a change of up 3.9% on the previous year and down 17.3% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Sri Lanka peaked at 154.69 % change on previous year in 1978 and was at its lowest, -56.15 % change on previous year, in 1976.
That places Sri Lanka 51st out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1976 | -56.15 % change on previous year | — |
| 1977 | 112.67 % change on previous year | -300.7% |
| 1978 | 154.69 % change on previous year | +37.3% |
| 1979 | 149.66 % change on previous year | -3.2% |
| 1980 | 44.13 % change on previous year | -70.5% |
| 1981 | 32.93 % change on previous year | -25.4% |
| 1982 | 23.32 % change on previous year | -29.2% |
| 1983 | 15.65 % change on previous year | -32.9% |
| 1984 | 14.37 % change on previous year | -8.1% |
| 1985 | 3.68 % change on previous year | -74.4% |
| 1986 | 10.44 % change on previous year | +183.7% |
| 1987 | 11.83 % change on previous year | +13.3% |
| 1988 | 15.36 % change on previous year | +29.8% |
| 1989 | 8.31 % change on previous year | -45.9% |
| 1990 | 28.4 % change on previous year | +241.6% |
| 1991 | 15.28 % change on previous year | -46.2% |
| 1992 | 18.29 % change on previous year | +19.6% |
| 1993 | 23.06 % change on previous year | +26.1% |
| 1994 | 10.31 % change on previous year | -55.3% |
| 1995 | -1.47 % change on previous year | -114.2% |
| 1996 | 19.28 % change on previous year | -1415.2% |
| 1997 | 19.13 % change on previous year | -0.7% |
| 1998 | 16.7 % change on previous year | -12.7% |
| 1999 | 12.03 % change on previous year | -28.0% |
| 2000 | 7.08 % change on previous year | -41.1% |
| 2001 | 16.74 % change on previous year | +136.4% |
| 2002 | 4.35 % change on previous year | -74.0% |
| 2003 | 17.07 % change on previous year | +292.2% |
| 2004 | 17.18 % change on previous year | +0.6% |
| 2005 | 28.15 % change on previous year | +63.9% |
| 2006 | 12.51 % change on previous year | -55.6% |
| 2007 | 26.81 % change on previous year | +114.3% |
| 2008 | -5.93 % change on previous year | -122.1% |
| 2009 | 45.47 % change on previous year | -866.9% |
| 2016 | 19.14 % change on previous year | -57.9% |
| 2017 | 21.47 % change on previous year | +12.2% |
| 2018 | 0.5249 % change on previous year | -97.6% |
| 2019 | -5.48 % change on previous year | -1144.2% |
| 2020 | -3.76 % change on previous year | -31.5% |
| 2021 | 18.49 % change on previous year | -592.3% |
| 2022 | 7.05 % change on previous year | -61.9% |
| 2023 | 15.23 % change on previous year | +116.0% |
| 2024 | 15.83 % change on previous year | +3.9% |
Sri Lanka compared with similar countries
- Sri Lanka's 15.83 % change on previous year is above the median for upper middle income countries, which is 4.98 % change on previous year, 3.2× the median. (48 countries reporting)
- Sri Lanka's 15.83 % change on previous year is above the median for South Asia, which is 10.04 % change on previous year, 1.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), annual growth rate in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +1415.2% | -1.47 % change on previous year | 19.28 % change on previous year |
| 2019 | -1144.2% | 0.5249 % change on previous year | -5.48 % change on previous year |
| 2009 | +866.9% | -5.93 % change on previous year | 45.47 % change on previous year |
| 2021 | +592.3% | -3.76 % change on previous year | 18.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 90.22 % change on previous year | -56.15 % change on previous year | 154.69 % change on previous year | 4 |
| 1980s | 18 % change on previous year | 3.68 % change on previous year | 44.13 % change on previous year | 10 |
| 1990s | 16.1 % change on previous year | -1.47 % change on previous year | 28.4 % change on previous year | 10 |
| 2000s | 16.94 % change on previous year | -5.93 % change on previous year | 45.47 % change on previous year | 10 |
| 2010s | 8.91 % change on previous year | -5.48 % change on previous year | 21.47 % change on previous year | 4 |
| 2020s | 10.57 % change on previous year | -3.76 % change on previous year | 18.49 % change on previous year | 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 gross savings (current lcu), annual growth rate in Sri Lanka?
- Gross savings (current lcu), annual growth rate in Sri Lanka was 15.83 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Sri Lanka?
- The highest recorded value was 154.69 % change on previous year in 1978.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Sri Lanka?
- The lowest recorded value was -56.15 % change on previous year in 1976.
- How does Sri Lanka rank for gross savings (current lcu), annual growth rate?
- Sri Lanka ranks 51st out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Sri Lanka?
- Over the last ten years it is down 17.3%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 43 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.