Sri Lanka recorded a Government Debt to GDP of 96.10 percent of the country's Gross Domestic Product in 2024. This dataset provides - Sri Lanka Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Sri Lanka Government Debt: % of GDP

• Sri Lanka Government debt accounted for 96.9 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 98.0 % in the previous quarter.
• Sri Lanka government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Sep 2024.
• The data reached an all-time high of 120.9 % in Jun 2022 and a record low of 72.0 % in Mar 2018.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Central Bank of Sri Lanka provides Government Debt in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Government Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.


Related information about Sri Lanka Government Debt: % of GDP

• In the latest reports, Sri Lanka National Government Debt reached 96.5 USD bn in Sep 2024.
• The country's Nominal GDP reached 20.9 USD bn in Mar 2023.

The ratio of national debt to gross domestic product (GDP) of Sri Lanka was estimated at approximately 99.43 percent in 2024. Between 1990 and 2024, the ratio rose by around 20.49 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend.The general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Key information about Sri Lanka External Debt: % of GDP

• Sri Lanka External Debt accounted for 75.0 % of the country's Nominal GDP in 2022, compared with the ratio of 58.9 % in the previous year.
• Sri Lanka External Debt: % of Nominal GDP data is updated yearly, available from Dec 1998 to Dec 2022.
• The data reached an all-time high of 75.0 % in Dec 2022 and a record low of 38.8 % in Dec 2008.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The Central Bank of Sri Lanka provides External Debt in local currency based on BPM6. The Department of Census and Statistics provides Nominal GDP in local currency based on SNA 2008. External Debt as % of Nominal GDP prior to 2011 is calculated from External Debt based on BPM5 and Nominal GDP based on SNA 1993. External Debt as % of Nominal GDP prior to 2002 is calculated from Nominal GDP based on SNA 1968.


Related information about Sri Lanka External Debt: % of GDP

• In the latest reports of Sri Lanka, Current Account recorded a surplus of 303.4 USD mn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 45.4 USD mn in Sep 2024.
• Sri Lanka Direct Investment Abroad expanded by 7.2 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 146.0 USD mn in Sep 2024.
• The country's External Debt reached 56,594.5 in Sep 2024.
• The country's Nominal GDP was reported at 20.9 USD bn in Mar 2023.

Sri Lanka debt to gdp ratio for 2015 was 73.51%, a 4.92% increase from 2014.

<ul style='margin-top:20px;'>

<li>Sri Lanka debt to gdp ratio for 2014 was <strong>68.59%</strong>, a <strong>0.24% increase</strong> from 2013.</li>
<li>Sri Lanka debt to gdp ratio for 2013 was <strong>68.35%</strong>, a <strong>1.61% increase</strong> from 2012.</li>
<li>Sri Lanka debt to gdp ratio for 2012 was <strong>66.75%</strong>, a <strong>1.78% decline</strong> from 2011.</li>
</ul>Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.

Key information about Sri Lanka Household Debt: % of GDP

• Sri Lanka household debt accounted for 6.5 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 6.5 % in the previous quarter.
• Sri Lanka household debt to GDP ratio is updated quarterly, available from Dec 2010 to Sep 2024.
• The data reached an all-time high of 10.4 % in Dec 2020 and a record low of 6.3 % in Dec 2014.

CEIC calculates quarterly Household Debt as % of Nominal GDP from quarterly Household Debt and quarterly Nominal GDP. The Central Bank of Sri Lanka provides Household Debt in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Consumer Durables, Pawning, Credit Cards, Personal Education, Personal Healthcare and Others. Household Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.


Related information about Sri Lanka Household Debt: % of GDP

• In the latest reports, Sri Lanka Household Debt reached 6.5 USD bn in Sep 2024.
• Money Supply M2 in Sri Lanka increased 10.2 % YoY in Dec 2024.
• Sri Lanka Foreign Exchange Reserves was measured at 6.0 USD bn in Jan 2025.
• The Foreign Exchange Reserves equaled 3.1 Months of Import in Dec 2024.
• Sri Lanka Domestic Credit reached 58.3 USD bn in Dec 2024, representing an increased of 4.0 % YoY.
• The country's Non Performing Loans Ratio stood at 4.5 % in Dec 2021, compared with the ratio of 4.9 % in the previous year.

Key information about Sri Lanka Private Debt: % of Nominal GDP

• Sri Lanka Private Debt accounted for 25.53 % of its Nominal GDP in Sep 2024, compared with a ratio of 25.02 % in the previous quarter
• Sri Lanka Private Debt contribution to Nominal GDP ratio is updated quarterly, available from Dec 2010 to Sep 2024, with an average share of 28.34 %
• The data reached an all-time high of 39.72 % in Mar 2022 and a record low of 22.56 % in Dec 2010

CEIC calculates quarterly Private Debt as % of Nominal GDP from quarterly Private Debt and quarterly Nominal GDP. Private Debt is calculated by subtracting Loans to Financial Sector from Total Loans. The Central Bank of Sri Lanka provides Private Debt in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Private Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.

Sri Lanka: Government debt as percent of GDP: The latest value from 2023 is 103.9 percent, a decline from 114.2 percent in 2022. In comparison, the world average is 61.85 percent, based on data from 137 countries. Historically, the average for Sri Lanka from 2000 to 2023 is 87.36 percent. The minimum value, 68.7 percent, was reached in 2012 while the maximum of 114.2 percent was recorded in 2022.

Outstanding international public debt securities to GDP (%) in Sri Lanka was reported at 20.01 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - Outstanding international public debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Sri Lanka Consolidated Fiscal Balance: % of GDP

• Sri Lanka Consolidated Fiscal Balance recorded a deficit equal to 5.6 % of its Nominal GDP in Sep 2024, compared with a deficit equal to 5.7 % in the previous quarter
• Sri Lanka Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2014 to Sep 2024, with an average ratio of -6.5 %
• The data reached an all-time high of -4.7 % in Mar 2015 and a record low of -11.8 % in Sep 2020

CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and quarterly Nominal GDP. The Central Bank of Sri Lanka provides Consolidated Fiscal Balance in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.


Further information about Sri Lanka Consolidated Fiscal Balance: % of GDP

• In the latest reports, Sri Lanka National Government Debt reached 96.5 USD bn in Sep 2024
• Sri Lanka Nominal GDP reached 20.9 USD bn in Mar 2023

International debt issues to GDP (%) in Sri Lanka was reported at 20.23 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data was reported at 66.950 % in Dec 2015. This records an increase from the previous number of 65.114 % for Sep 2015. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data is updated quarterly, averaging 62.124 % from Mar 2010 (Median) to Dec 2015, with 24 observations. The data reached an all-time high of 69.401 % in Mar 2010 and a record low of 58.813 % in Dec 2012. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities and Loans data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

Outstanding international private debt securities to GDP (%) in Sri Lanka was reported at 0.21683 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - Outstanding international private debt securities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

This scatter chart displays central government debt (% of GDP) against urban population (people) in Sri Lanka. The data is about countries per year.

Gross portfolio debt liabilities to GDP (%) in Sri Lanka was reported at 18.98 % in 2019, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - Gross portfolio debt liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This horizontal bar chart displays central government debt (% of GDP) by country full name using the aggregation average, weighted by gdp in Sri Lanka. The data is about countries per year.

Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data was reported at 73.518 % in Dec 2015. This records an increase from the previous number of 71.635 % for Sep 2015. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data is updated quarterly, averaging 69.586 % from Dec 2009 (Median) to Dec 2015, with 25 observations. The data reached an all-time high of 79.931 % in Mar 2010 and a record low of 0.000 % in Dec 2009. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Debt Securities, Loans, SDRs, Currency and Deposits data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

This bar chart displays central government debt (% of GDP) by ISO 3 country code using the aggregation average, weighted by gdp in Sri Lanka. The data is about countries per year.

Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Foreign Currency data was reported at 35.145 % in Dec 2015. This records an increase from the previous number of 26.507 % for Sep 2015. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Foreign Currency data is updated quarterly, averaging 29.977 % from Mar 2010 (Median) to Dec 2015, with 24 observations. The data reached an all-time high of 35.145 % in Dec 2015 and a record low of 24.574 % in Mar 2015. Sri Lanka LK: Gross Public Debt: % of GDP: Central Government: Foreign Currency data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.QPSD: Gross Public Debt: % of GDP: Central Government.

This scatter chart displays central government debt (% of GDP) against electricity production from hydroelectric sources (% of total) in Sri Lanka. The data is about countries per year.