Short-term debt in Sri Lanka
Sri Lanka: Short-term debt was 95.5% in 2024. ◆ Volatile
Latest (2024)
95.5%
Change on year
down 42.4%
World rank
14th
of 112 countries
All-time high
453.0%
in 2022
All-time low
16.1%
in 1993
Years of data
55
1970–2024
Short-term debt in Sri Lanka, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Sri Lanka recorded 95.5% for short-term debt in 2024.
Compared with earlier readings it is down 42.4% on the previous year and up 7.0% over ten years.
Over the whole period, short-term debt in Sri Lanka peaked at 453.0% in 2022 and was at its lowest, 16.1%, in 1993.
Sri Lanka ranks 14th of 112 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Sri Lanka, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1970 | 88.9% | — |
| 1971 | 91.6% | +3.0% |
| 1972 | 82.5% | -9.9% |
| 1973 | 63.5% | -23.0% |
| 1974 | 88.9% | +40.0% |
| 1975 | 125.4% | +41.0% |
| 1976 | 88.8% | -29.1% |
| 1977 | 49.9% | -43.8% |
| 1978 | 27.0% | -45.9% |
| 1979 | 24.8% | -8.3% |
| 1980 | 77.8% | +214.0% |
| 1981 | 57.9% | -25.6% |
| 1982 | 72.6% | +25.4% |
| 1983 | 88.4% | +21.8% |
| 1984 | 36.7% | -58.4% |
| 1985 | 43.7% | +19.0% |
| 1986 | 48.9% | +11.9% |
| 1987 | 88.3% | +80.5% |
| 1988 | 234.5% | +165.5% |
| 1989 | 148.8% | -36.5% |
| 1990 | 90.6% | -39.1% |
| 1991 | 56.5% | -37.6% |
| 1992 | 25.5% | -54.9% |
| 1993 | 16.1% | -36.8% |
| 1994 | 26.0% | +61.5% |
| 1995 | 25.3% | -2.5% |
| 1996 | 28.2% | +11.2% |
| 1997 | 23.1% | -18.2% |
| 1998 | 21.0% | -8.8% |
| 1999 | 56.2% | +167.3% |
| 2000 | 60.5% | +7.6% |
| 2001 | 53.9% | -10.9% |
| 2002 | 55.4% | +2.7% |
| 2003 | 32.5% | -41.3% |
| 2004 | 46.8% | +44.0% |
| 2005 | 28.2% | -39.6% |
| 2006 | 24.4% | -13.5% |
| 2007 | 38.0% | +55.7% |
| 2008 | 104.1% | +174.0% |
| 2009 | 66.4% | -36.3% |
| 2010 | 33.6% | -49.4% |
| 2011 | 53.1% | +58.0% |
| 2012 | 90.3% | +70.2% |
| 2013 | 90.3% | +0.0% |
| 2014 | 89.2% | -1.2% |
| 2015 | 103.9% | +16.5% |
| 2016 | 123.4% | +18.7% |
| 2017 | 100.7% | -18.4% |
| 2018 | 118.2% | +17.4% |
| 2019 | 110.4% | -6.6% |
| 2020 | 148.2% | +34.3% |
| 2021 | 275.0% | +85.5% |
| 2022 | 453.0% | +64.7% |
| 2023 | 165.7% | -63.4% |
| 2024 | 95.5% | -42.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 73.1% | 24.8% | 125.4% | 10 |
| 1980s | 89.8% | 36.7% | 234.5% | 10 |
| 1990s | 36.9% | 16.1% | 90.6% | 10 |
| 2000s | 51.0% | 24.4% | 104.1% | 10 |
| 2010s | 91.3% | 33.6% | 123.4% | 10 |
| 2020s | 227.5% | 95.5% | 453.0% | 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1712 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 856.15 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 51.51 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 257,658 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1469 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 734.8 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 99,888 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 9.06 % change on previous year (2025)
Frequently asked questions
- What is short-term debt in Sri Lanka?
- Short-term debt in Sri Lanka was 95.5% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Sri Lanka?
- The highest recorded value was 453.0% in 2022.
- What is the lowest short-term debt recorded in Sri Lanka?
- The lowest recorded value was 16.1% in 1993.
- How does Sri Lanka rank for short-term debt?
- Sri Lanka ranks 14th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Sri Lanka?
- Over the last ten years it is up 7.0%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.