Gross savings in Sri Lanka
Sri Lanka: Gross savings was 27.49 billion current US$ in 2024. ◆ Volatile
Gross savings in Sri Lanka, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Sri Lanka recorded 27.49 billion current US$ for gross savings in 2024.
That represents a change of up 25.6% on the previous year and up 0.8% over ten years.
Over the whole period, gross savings in Sri Lanka peaked at 35.19 billion current US$ in 2017 and was at its lowest, 104.45 million current US$, in 1976.
That places Sri Lanka 65th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Sri Lanka, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 285.78 million current US$ | — |
| 1976 | 104.45 million current US$ | -63.5% |
| 1977 | 210.62 million current US$ | +101.6% |
| 1978 | 304.81 million current US$ | +44.7% |
| 1979 | 762.96 million current US$ | +150.3% |
| 1980 | 1.04 billion current US$ | +35.8% |
| 1981 | 1.18 billion current US$ | +14.1% |
| 1982 | 1.35 billion current US$ | +14.1% |
| 1983 | 1.38 billion current US$ | +2.3% |
| 1984 | 1.46 billion current US$ | +5.8% |
| 1985 | 1.42 billion current US$ | -2.9% |
| 1986 | 1.52 billion current US$ | +7.1% |
| 1987 | 1.61 billion current US$ | +6.4% |
| 1988 | 1.72 billion current US$ | +6.8% |
| 1989 | 1.65 billion current US$ | -4.4% |
| 1990 | 1.90 billion current US$ | +15.5% |
| 1991 | 2.13 billion current US$ | +11.6% |
| 1992 | 2.37 billion current US$ | +11.6% |
| 1993 | 2.65 billion current US$ | +11.6% |
| 1994 | 2.86 billion current US$ | +7.9% |
| 1995 | 2.71 billion current US$ | -5.0% |
| 1996 | 3.00 billion current US$ | +10.6% |
| 1997 | 3.35 billion current US$ | +11.6% |
| 1998 | 3.57 billion current US$ | +6.6% |
| 1999 | 3.67 billion current US$ | +2.8% |
| 2000 | 3.65 billion current US$ | -0.5% |
| 2001 | 3.62 billion current US$ | -1.0% |
| 2002 | 3.52 billion current US$ | -2.5% |
| 2003 | 4.09 billion current US$ | +16.0% |
| 2004 | 4.57 billion current US$ | +11.8% |
| 2005 | 5.90 billion current US$ | +29.0% |
| 2006 | 6.41 billion current US$ | +8.8% |
| 2007 | 7.64 billion current US$ | +19.2% |
| 2008 | 7.34 billion current US$ | -3.9% |
| 2009 | 10.07 billion current US$ | +37.1% |
| 2015 | 27.27 billion current US$ | +170.9% |
| 2016 | 30.33 billion current US$ | +11.2% |
| 2017 | 35.19 billion current US$ | +16.0% |
| 2018 | 33.18 billion current US$ | -5.7% |
| 2019 | 28.51 billion current US$ | -14.1% |
| 2020 | 26.44 billion current US$ | -7.3% |
| 2021 | 29.23 billion current US$ | +10.5% |
| 2022 | 19.17 billion current US$ | -34.4% |
| 2023 | 21.89 billion current US$ | +14.2% |
| 2024 | 27.49 billion current US$ | +25.6% |
Sri Lanka compared with similar countries
- Sri Lanka's 27.49 billion current US$ is above the median for upper middle income countries, which is 17.82 billion current US$, 1.5× the median. (49 countries reporting)
- Sri Lanka's 27.49 billion current US$ is above the median for South Asia, which is 21.55 billion current US$, 1.3× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Gross savings in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +170.9% | 10.07 billion current US$ | 27.27 billion current US$ |
| 1979 | +150.3% | 304.81 million current US$ | 762.96 million current US$ |
| 1977 | +101.6% | 104.45 million current US$ | 210.62 million current US$ |
| 1976 | -63.5% | 285.78 million current US$ | 104.45 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 333.73 million current US$ | 104.45 million current US$ | 762.96 million current US$ | 5 |
| 1980s | 1.43 billion current US$ | 1.04 billion current US$ | 1.72 billion current US$ | 10 |
| 1990s | 2.82 billion current US$ | 1.90 billion current US$ | 3.67 billion current US$ | 10 |
| 2000s | 5.68 billion current US$ | 3.52 billion current US$ | 10.07 billion current US$ | 10 |
| 2010s | 30.90 billion current US$ | 27.27 billion current US$ | 35.19 billion current US$ | 5 |
| 2020s | 24.84 billion current US$ | 19.17 billion current US$ | 29.23 billion current US$ | 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$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is gross savings in Sri Lanka?
- Gross savings in Sri Lanka was 27.49 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Sri Lanka?
- The highest recorded value was 35.19 billion current US$ in 2017.
- What is the lowest gross savings recorded in Sri Lanka?
- The lowest recorded value was 104.45 million current US$ in 1976.
- How does Sri Lanka rank for gross savings?
- Sri Lanka ranks 65th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Sri Lanka?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. 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.