Sri Lanka recorded a Current Account surplus of 1.80 percent of the country's Gross Domestic Product in 2023. Current Account to GDP in Sri Lanka averaged -4.95 percent of GDP from 1980 until 2023, reaching an all time high of 1.80 percent of GDP in 2023 and a record low of -19.30 percent of GDP in 1980. source: Central Bank of Sri Lanka

Current Account to GDP in Sri Lanka is expected to reach -1.30 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Current Account to GDP is projected to trend around -1.60 percent of GDP in 2025 and -1.90 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Balance of Trade -502.00 -544.00 USD Million Nov 2024
Current Account 303.00 432.00 USD Million Sep 2024
Current Account to GDP 1.80 -2.00 percent of GDP Dec 2023
Exports 994.00 1158.00 USD Million Nov 2024
External Debt 56594.49 55996.47 USD Million Sep 2024
Foreign Direct Investment 45.40 384.25 USD Million Sep 2024
Imports 1496.00 1702.00 USD Million Nov 2024
Remittances 530.10 587.70 USD Million Nov 2024
Terms of Trade 90.35 87.14 points Nov 2024
Tourism Revenues 272.90 185.60 USD Million Nov 2024

Sri Lanka Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.
Actual Previous Highest Lowest Dates Unit Frequency
1.80 -2.00 1.80 -19.30 1980 - 2023 percent of GDP Yearly