Home Sri Lanka Economy & Growth Services Value Added

Sri Lanka Services Value Added

Services value added as % of GDP  NV.SRV.TOTL.ZS

58.59% +1.12% (+1.9%)
Year 2025 Rank #92 Global Peak 59.84% (2023) Source World Bank

Sri Lanka Services Value Added (1960–2025)

Overview

Sri Lanka's services value added stood at 58.59% in 2025, a rise of +1.12% from 2024. Based on recent trends, this figure is projected to reach 58.59% by 2025. Sri Lanka ranked 92nd globally.

Data & projection

Year Services Value Added YoY change Rank
2027* trend 59.24% - -
2026* trend 58.91% - -
2025* trend 58.59% - -
2025 58.59% +1.12% #92
2024 57.47% −2.37% #89
2023 59.84% +2.77% #115
2022 57.07% +1.19% #106
2021 55.87% −1.96% #102
2020 57.83% +2.09% #102
2019 55.75% +2.11% #95
2018 53.64% +1.40% #82
2017 52.24% −1.18% #71
2016 53.42% −0.79% #72
2015 54.21% −0.42% #83
2014 54.63% +0.11% #96
2013 54.52% +0.31% #94
2012 54.20% +0.84% #96
2011 53.36% +0.35% #92
Show all years (1960-2025)
* Linear trend extrapolation

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 services value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sri Lanka's services value added?

Sri Lanka's services value added was 58.59% in 2025. Ranked 92nd globally. This represents a 1.9% increase from the previous year.

What was the highest services value added in Sri Lanka?

Sri Lanka's services value added peaked at 59.84% in 2023.

What was the lowest services value added in Sri Lanka?

The lowest services value added in Sri Lanka was 40.08% in 1977.

How does Sri Lanka rank in services value added?

Sri Lanka ranks 92nd globally in services value added as of 2025.

What is the World Bank indicator code for services value added?

The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.

What is the projected services value added of Sri Lanka in 2025?

Sri Lanka's services value added is projected to reach 58.59% by 2025 based on trend extrapolation.

What is the services value added of Sri Lanka in 2025?

The services value added of Sri Lanka in 2025 was 58.59%. This ranks 92nd in the world.

Cite this page

APA
Sri Lanka Services Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/sri-lanka/services-value-added
BibTeX
@misc{historysaid_sri-lanka_services-value-added, title = {Sri Lanka Services Value Added}, url = {https://historysaid.com/sri-lanka/services-value-added}, publisher = {HistorySaid}, year = {2026} }