Net trade in goods and services in Sri Lanka
Sri Lanka: Net trade in goods and services was -2.63 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Sri Lanka is -2.63 billion BoP, current US$, measured in 2024.
That represents a change of down 42.6% on the previous year and up 58.9% over ten years.
Over the whole period, net trade in goods and services in Sri Lanka peaked at 86.31 million BoP, current US$ in 1977 and was at its lowest, -8.61 billion BoP, current US$, in 2011.
That places Sri Lanka 154th out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -133.88 million BoP, current US$ | -403.07 million BoP, current US$ | 86.31 million BoP, current US$ | 5 |
| 1980s | -729.48 million BoP, current US$ | -903.83 million BoP, current US$ | -344.44 million BoP, current US$ | 10 |
| 1990s | -1.08 billion BoP, current US$ | -1.38 billion BoP, current US$ | -672.04 million BoP, current US$ | 10 |
| 2000s | -2.37 billion BoP, current US$ | -5.58 billion BoP, current US$ | -954.05 million BoP, current US$ | 10 |
| 2010s | -6.38 billion BoP, current US$ | -8.61 billion BoP, current US$ | -4.12 billion BoP, current US$ | 10 |
| 2020s | -3.86 billion BoP, current US$ | -6.55 billion BoP, current US$ | -1.85 billion BoP, current US$ | 5 |
Countries ranked near Sri Lanka
- 151 Zimbabwe -2.46 billion BoP, current US$ compare
- 152 Tunisia -2.47 billion BoP, current US$ compare
- 153 Botswana -2.56 billion BoP, current US$ compare
- 155 North Macedonia -2.64 billion BoP, current US$ compare
- 156 Namibia -3.28 billion BoP, current US$ compare
- 157 Nicaragua -3.30 billion 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 net trade in goods and services in Sri Lanka?
- Net trade in goods and services in Sri Lanka was -2.63 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Sri Lanka?
- The highest recorded value was 86.31 million BoP, current US$ in 1977.
- What is the lowest net trade in goods and services recorded in Sri Lanka?
- The lowest recorded value was -8.61 billion BoP, current US$ in 2011.
- How does Sri Lanka rank for net trade in goods and services?
- Sri Lanka ranks 154th out of 198 countries with data for 2024.
- Is net trade in goods and services rising or falling in Sri Lanka?
- Over the last ten years it is up 58.9%. 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 Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.