Net acquisition of financial assets in Sri Lanka
Sri Lanka: Net acquisition of financial assets was 0.9% in 2023. ◆ Volatile
Net acquisition of financial assets in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, net acquisition of financial assets in Sri Lanka stood at 0.9%.
The figure is down 22.7% on the previous year and up 752.2% over ten years.
Over the whole period, net acquisition of financial assets in Sri Lanka peaked at 4.1% in 1990 and was at its lowest, -1.4%, in 1997.
Sri Lanka ranks 65th of 134 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.
Net acquisition of financial assets in Sri Lanka, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 4.1% | — |
| 1991 | 4.0% | -3.2% |
| 1992 | -0.8% | -120.9% |
| 1993 | 0.0% | -105.8% |
| 1994 | 2.5% | +5015.6% |
| 1995 | 0.8% | -69.5% |
| 1996 | 0.3% | -54.3% |
| 1997 | -1.4% | -503.1% |
| 1998 | 0.5% | -134.6% |
| 1999 | 1.1% | +122.4% |
| 2000 | 1.2% | +8.5% |
| 2001 | 1.5% | +28.7% |
| 2002 | -0.5% | -134.3% |
| 2003 | -0.0% | -99.3% |
| 2004 | 0.2% | -5864.9% |
| 2005 | 0.3% | +57.0% |
| 2006 | 0.4% | +8.5% |
| 2007 | 0.5% | +44.2% |
| 2008 | 0.2% | -62.9% |
| 2009 | 1.0% | +408.9% |
| 2010 | 0.8% | -12.3% |
| 2011 | 0.7% | -16.1% |
| 2012 | 0.2% | -67.1% |
| 2013 | 0.1% | -56.9% |
| 2014 | 0.2% | +149.2% |
| 2015 | 0.0% | -82.7% |
| 2016 | -0.1% | -269.4% |
| 2017 | 0.2% | -347.5% |
| 2018 | 0.2% | +33.5% |
| 2019 | -0.1% | -126.4% |
| 2020 | -0.0% | -64.2% |
| 2021 | 0.3% | -1252.8% |
| 2022 | 1.1% | +320.3% |
| 2023 | 0.9% | -22.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.1% | -1.4% | 4.1% | 10 |
| 2000s | 0.5% | -0.5% | 1.5% | 10 |
| 2010s | 0.2% | -0.1% | 0.8% | 10 |
| 2020s | 0.5% | -0.0% | 1.1% | 4 |
Countries ranked near Sri Lanka
- 62 Morocco 1.0% compare
- 63 Bolivia, Plurinational State of 0.9% compare
- 64 Mali 0.9% compare
- 66 Cape Verde 0.8% compare
- 67 Lao People's Democratic Republic 0.8% compare
- 68 South Africa 0.8% compare
More public sector data for Sri Lanka
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.4107 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 80 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 60.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0134 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.37 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 80.83 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Sri Lanka?
- Net acquisition of financial assets in Sri Lanka was 0.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Sri Lanka?
- The highest recorded value was 4.1% in 1990.
- What is the lowest net acquisition of financial assets recorded in Sri Lanka?
- The lowest recorded value was -1.4% in 1997.
- How does Sri Lanka rank for net acquisition of financial assets?
- Sri Lanka ranks 65th out of 134 countries with data for 2023.
- Is net acquisition of financial assets rising or falling in Sri Lanka?
- Over the last ten years it is up 752.2%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.