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Sri Lanka GDP

Gross Domestic Product in current US dollars  NY.GDP.MKTP.CD

Sri Lanka's gdp was $99.0B in 2024, ranked 131st globally. This represents a 18.2% increase from 2023. Data from World Bank, covering 1960–2024.

$99.0B +$15.2B (+18.2%)
Year 2024 Rank #131 Global Peak $99.0B (2024) Source World Bank

Sri Lanka GDP (1960–2024)

Overview

Sri Lanka's gdp stood at $99.0B in 2024, a rise of +$15.2B from 2023. Sri Lanka ranked 131st globally.

Sri Lanka’s GDP reached 98,963,185,509.65 in 2024, marking its highest level on record and ranking the economy 131st globally. This latest value reflects substantial growth from a low of 1,240,672,268.91 recorded in 1963, the trough year amid post-independence economic adjustments. Over a 65-year period, the economy expanded more than 79-fold in nominal terms, though progress has been uneven, punctuated by periods of political instability, civil conflict, and external shocks. In regional comparison, Sri Lanka’s output slightly exceeds that of Costa Rica, which recorded a GDP of 95,350,423,176.60 in the same year, while falling short of Angola’s 100,998,916,781.08. Despite the 2024 peak, the trajectory remains fragile following a severe economic crisis in 2022 that triggered currency depreciation, inflation, and debt default. Future growth will depend on structural reforms, effective debt restructuring, and improved governance to restore investor confidence and stabilize macroeconomic conditions.

Data & projection

Year GDP YoY change Rank
2024 $99.0B +$15.2B #131
2023 $83.7B +$9.1B #130
2022 $74.1B −$14.5B #136
2021 $88.6B +$4.3B #146
2020 $84.3B −$4.7B #146
2019 $89.0B −$5.5B #147
2018 $94.5B +$74.0M #148
2017 $94.4B +$6.4B #148
2016 $88.0B +$2.9B #148
2015 $85.1B +$2.6B #146
2014 $82.5B +$5.6B #148
2013 $77.0B +$6.6B #146
2012 $70.4B +$2.7B #145
2011 $67.8B +$9.1B #147
2010 $58.6B +$8.9B #142
Show all years (1960-2024)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +38.3% GDP growth 5.0% C/A balance 1.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Sri Lanka matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sri Lanka's gdp?▾

Sri Lanka's gdp was $99.0B in 2024. Ranked 131st globally. This represents a 18.2% increase from the previous year.

What was the highest gdp in Sri Lanka?▾

Sri Lanka's gdp peaked at $99.0B in 2024.

What was the lowest gdp in Sri Lanka?▾

The lowest gdp in Sri Lanka was $1.2B in 1963.

How does Sri Lanka rank in gdp?▾

Sri Lanka ranks 131st globally in gdp as of 2024.

What is the World Bank indicator code for gdp?▾

The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.

What is Sri Lanka's gdp in billion?▾

Sri Lanka's gdp was approximately 98.96 billion ($99.0B) in 2024.

What is the gdp of Sri Lanka in 2024?▾

The gdp of Sri Lanka in 2024 was $99.0B. This ranks 131st in the world.

Cite this page

APA
Sri Lanka GDP. HistorySaid. Retrieved November 8, 2026, from https://historysaid.com/sri-lanka/gdp/
BibTeX
@misc{historysaid_sri-lanka_gdp, title = {Sri Lanka GDP}, url = {https://historysaid.com/sri-lanka/gdp/}, publisher = {HistorySaid}, year = {2026} }
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