Share of service in total exports in Sri Lanka
Sri Lanka: Share of service in total exports was 12.77 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
12.77 billion BoP, current US$
Change on year
up 7.2%
World rank
91st
of 198 countries
All-time high
13.11 billion BoP, current US$
in 2022
All-time low
558.43 million BoP, current US$
in 1975
Years of data
50
1975–2024
Share of service in total exports in Sri Lanka, 1975–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Sri Lanka recorded 12.77 billion BoP, current US$ for share of service in total exports in 2024.
That represents a change of up 7.2% on the previous year and up 14.8% over ten years.
Over the whole period, share of service in total exports in Sri Lanka peaked at 13.11 billion BoP, current US$ in 2022 and was at its lowest, 558.43 million BoP, current US$, in 1975.
Sri Lanka ranks 91st of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Share of service in total exports in Sri Lanka, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 558.43 million BoP, current US$ | — |
| 1976 | 559.56 million BoP, current US$ | +0.2% |
| 1977 | 761.59 million BoP, current US$ | +36.1% |
| 1978 | 845.72 million BoP, current US$ | +11.0% |
| 1979 | 981.14 million BoP, current US$ | +16.0% |
| 1980 | 1.06 billion BoP, current US$ | +8.2% |
| 1981 | 1.06 billion BoP, current US$ | +0.1% |
| 1982 | 1.01 billion BoP, current US$ | -4.6% |
| 1983 | 1.06 billion BoP, current US$ | +4.7% |
| 1984 | 1.46 billion BoP, current US$ | +37.7% |
| 1985 | 1.32 billion BoP, current US$ | -10.0% |
| 1986 | 1.21 billion BoP, current US$ | -8.2% |
| 1987 | 1.39 billion BoP, current US$ | +15.3% |
| 1988 | 1.48 billion BoP, current US$ | +6.0% |
| 1989 | 1.51 billion BoP, current US$ | +1.9% |
| 1990 | 1.85 billion BoP, current US$ | +23.1% |
| 1991 | 2.00 billion BoP, current US$ | +8.1% |
| 1992 | 2.30 billion BoP, current US$ | +14.9% |
| 1993 | 2.79 billion BoP, current US$ | +21.0% |
| 1994 | 3.21 billion BoP, current US$ | +15.2% |
| 1995 | 3.80 billion BoP, current US$ | +18.4% |
| 1996 | 4.10 billion BoP, current US$ | +7.8% |
| 1997 | 4.64 billion BoP, current US$ | +13.3% |
| 1998 | 4.81 billion BoP, current US$ | +3.6% |
| 1999 | 4.60 billion BoP, current US$ | -4.4% |
| 2000 | 5.44 billion BoP, current US$ | +18.3% |
| 2001 | 4.82 billion BoP, current US$ | -11.4% |
| 2002 | 4.70 billion BoP, current US$ | -2.4% |
| 2003 | 5.13 billion BoP, current US$ | +9.2% |
| 2004 | 5.76 billion BoP, current US$ | +12.2% |
| 2005 | 6.35 billion BoP, current US$ | +10.2% |
| 2006 | 6.88 billion BoP, current US$ | +8.4% |
| 2007 | 7.64 billion BoP, current US$ | +11.0% |
| 2008 | 8.11 billion BoP, current US$ | +6.2% |
| 2009 | 7.08 billion BoP, current US$ | -12.7% |
| 2010 | 8.63 billion BoP, current US$ | +21.8% |
| 2011 | 10.56 billion BoP, current US$ | +22.4% |
| 2012 | 9.77 billion BoP, current US$ | -7.4% |
| 2013 | 10.39 billion BoP, current US$ | +6.4% |
| 2014 | 11.13 billion BoP, current US$ | +7.1% |
| 2015 | 10.55 billion BoP, current US$ | -5.2% |
| 2016 | 10.31 billion BoP, current US$ | -2.2% |
| 2017 | 11.36 billion BoP, current US$ | +10.2% |
| 2018 | 11.89 billion BoP, current US$ | +4.7% |
| 2019 | 11.94 billion BoP, current US$ | +0.4% |
| 2020 | 10.05 billion BoP, current US$ | -15.9% |
| 2021 | 12.50 billion BoP, current US$ | +24.4% |
| 2022 | 13.11 billion BoP, current US$ | +4.9% |
| 2023 | 11.91 billion BoP, current US$ | -9.1% |
| 2024 | 12.77 billion BoP, current US$ | +7.2% |
Sri Lanka compared with similar countries
- Sri Lanka's 12.77 billion BoP, current US$ is below the median for upper middle income countries, which is 13.03 billion BoP, current US$, 98% of the median. (56 countries reporting)
- Sri Lanka's 12.77 billion BoP, current US$ is above the median for South Asia, which is 7.16 billion BoP, current US$, 1.8× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 741.29 million BoP, current US$ | 558.43 million BoP, current US$ | 981.14 million BoP, current US$ | 5 |
| 1980s | 1.26 billion BoP, current US$ | 1.01 billion BoP, current US$ | 1.51 billion BoP, current US$ | 10 |
| 1990s | 3.41 billion BoP, current US$ | 1.85 billion BoP, current US$ | 4.81 billion BoP, current US$ | 10 |
| 2000s | 6.19 billion BoP, current US$ | 4.70 billion BoP, current US$ | 8.11 billion BoP, current US$ | 10 |
| 2010s | 10.65 billion BoP, current US$ | 8.63 billion BoP, current US$ | 11.94 billion BoP, current US$ | 10 |
| 2020s | 12.07 billion BoP, current US$ | 10.05 billion BoP, current US$ | 13.11 billion BoP, 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)
- SDRs holdings, US dollar, annual growth rate -66.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0483 units per person (2025)
- SDRs holdings, SDR, annual growth rate -68.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0353 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 33.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0295 units per US$ of GDP (2025)
Frequently asked questions
- What is share of service in total exports in Sri Lanka?
- Share of service in total exports in Sri Lanka was 12.77 billion BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Sri Lanka?
- The highest recorded value was 13.11 billion BoP, current US$ in 2022.
- What is the lowest share of service in total exports recorded in Sri Lanka?
- The lowest recorded value was 558.43 million BoP, current US$ in 1975.
- How does Sri Lanka rank for share of service in total exports?
- Sri Lanka ranks 91st out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Sri Lanka?
- Over the last ten years it is up 14.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.