Net lending (+) / net borrowing (-) in Sri Lanka
Sri Lanka: Net lending (+) / net borrowing (-) was -9.2% in 2023. ▼ Falling
Net lending (+) / net borrowing (-) in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Sri Lanka recorded -9.2% for net lending (+) / net borrowing (-) in 2023.
Compared with earlier readings it is up 0.1% on the previous year and down 81.1% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Sri Lanka peaked at -4.8% in 1992 and was at its lowest, -13.4%, in 2020.
That places Sri Lanka 147th out of 156 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Net lending (+) / net borrowing (-) in Sri Lanka, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -5.2% | — |
| 1991 | -6.6% | +28.4% |
| 1992 | -4.8% | -27.3% |
| 1993 | -5.6% | +17.0% |
| 1994 | -6.8% | +19.8% |
| 1995 | -7.6% | +12.0% |
| 1996 | -7.7% | +1.0% |
| 1997 | -6.3% | -17.2% |
| 1998 | -7.0% | +11.1% |
| 1999 | -5.9% | -16.5% |
| 2000 | -8.4% | +43.0% |
| 2001 | -9.3% | +11.2% |
| 2002 | -7.6% | -18.4% |
| 2003 | -6.9% | -9.9% |
| 2004 | -7.3% | +6.9% |
| 2005 | -7.0% | -4.9% |
| 2006 | -6.9% | -1.3% |
| 2007 | -6.5% | -5.3% |
| 2008 | -6.6% | +0.7% |
| 2009 | -8.9% | +35.8% |
| 2010 | -6.1% | -31.6% |
| 2011 | -5.6% | -8.3% |
| 2012 | -5.2% | -7.8% |
| 2013 | -5.1% | -1.2% |
| 2014 | -5.4% | +5.3% |
| 2015 | -7.2% | +33.6% |
| 2016 | -5.0% | -30.2% |
| 2017 | -5.0% | +0.9% |
| 2018 | -5.0% | -0.7% |
| 2019 | -6.4% | +28.0% |
| 2020 | -13.4% | +108.5% |
| 2021 | -11.6% | -13.0% |
| 2022 | -9.2% | -20.7% |
| 2023 | -9.2% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -6.4% | -7.7% | -4.8% | 10 |
| 2000s | -7.5% | -9.3% | -6.5% | 10 |
| 2010s | -5.6% | -7.2% | -5.0% | 10 |
| 2020s | -10.9% | -13.4% | -9.2% | 4 |
Countries ranked near Sri Lanka
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 lending (+) / net borrowing (-) in Sri Lanka?
- Net lending (+) / net borrowing (-) in Sri Lanka was -9.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Sri Lanka?
- The highest recorded value was -4.8% in 1992.
- What is the lowest net lending (+) / net borrowing (-) recorded in Sri Lanka?
- The lowest recorded value was -13.4% in 2020.
- How does Sri Lanka rank for net lending (+) / net borrowing (-)?
- Sri Lanka ranks 147th out of 156 countries with data for 2023.
- Is net lending (+) / net borrowing (-) rising or falling in Sri Lanka?
- Over the last ten years it is down 81.1%. The long-run trend across the full record is falling.
- 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 lending (+) / net borrowing (-) (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.