Transport services in Sri Lanka
Sri Lanka: Transport services was 26.0% in 2024. ▲ Rising
Transport services in Sri Lanka, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Sri Lanka recorded 26.0% for transport services in 2024.
The figure is down 9.3% on the previous year and down 24.3% over ten years.
Over the whole period, transport services in Sri Lanka peaked at 49.9% in 2008 and was at its lowest, 17.8%, in 1981.
Sri Lanka ranks 54th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Transport services in Sri Lanka, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1975 | 39.1% | — |
| 1976 | 35.0% | -10.6% |
| 1977 | 28.9% | -17.3% |
| 1978 | 19.4% | -32.7% |
| 1979 | 18.5% | -4.8% |
| 1980 | 18.8% | +1.3% |
| 1981 | 17.8% | -5.3% |
| 1982 | 20.0% | +12.3% |
| 1983 | 22.7% | +13.8% |
| 1984 | 24.4% | +7.5% |
| 1985 | 29.8% | +21.8% |
| 1986 | 30.2% | +1.3% |
| 1987 | 34.4% | +14.0% |
| 1988 | 36.1% | +4.8% |
| 1989 | 37.4% | +3.6% |
| 1990 | 38.4% | +2.7% |
| 1991 | 37.3% | -2.8% |
| 1992 | 35.3% | -5.2% |
| 1993 | 37.2% | +5.2% |
| 1994 | 38.9% | +4.6% |
| 1995 | 40.9% | +5.2% |
| 1996 | 44.3% | +8.3% |
| 1997 | 44.4% | +0.3% |
| 1998 | 44.0% | -1.1% |
| 1999 | 41.8% | -4.9% |
| 2000 | 42.6% | +1.8% |
| 2001 | 28.3% | -33.5% |
| 2002 | 40.5% | +43.1% |
| 2003 | 39.9% | -1.7% |
| 2004 | 40.9% | +2.6% |
| 2005 | 43.7% | +6.9% |
| 2006 | 46.2% | +5.7% |
| 2007 | 47.2% | +2.2% |
| 2008 | 49.9% | +5.6% |
| 2009 | 45.7% | -8.3% |
| 2010 | 46.9% | +2.6% |
| 2011 | 45.1% | -3.9% |
| 2012 | 43.0% | -4.7% |
| 2013 | 38.1% | -11.5% |
| 2014 | 34.3% | -9.9% |
| 2015 | 32.9% | -4.1% |
| 2016 | 31.5% | -4.2% |
| 2017 | 30.3% | -3.9% |
| 2018 | 29.7% | -2.0% |
| 2019 | 31.3% | +5.4% |
| 2020 | 38.7% | +23.6% |
| 2021 | 24.6% | -36.5% |
| 2022 | 22.1% | -10.2% |
| 2023 | 28.6% | +29.6% |
| 2024 | 26.0% | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 28.2% | 18.5% | 39.1% | 5 |
| 1980s | 27.1% | 17.8% | 37.4% | 10 |
| 1990s | 40.3% | 35.3% | 44.4% | 10 |
| 2000s | 42.5% | 28.3% | 49.9% | 10 |
| 2010s | 36.3% | 29.7% | 46.9% | 10 |
| 2020s | 28.0% | 22.1% | 38.7% | 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 transport services in Sri Lanka?
- Transport services in Sri Lanka was 26.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Sri Lanka?
- The highest recorded value was 49.9% in 2008.
- What is the lowest transport services recorded in Sri Lanka?
- The lowest recorded value was 17.8% in 1981.
- How does Sri Lanka rank for transport services?
- Sri Lanka ranks 54th out of 198 countries with data for 2024.
- Is transport services rising or falling in Sri Lanka?
- Over the last ten years it is down 24.3%. The long-run trend across the full record is rising.
- 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.