Home Sri Lanka Trade Trade Openness

Sri Lanka Trade Openness

Trade as % of GDP  NE.TRD.GNFS.ZS

46.06% +3.67% (+8.6%)
Year 2025 Rank #154 Global Peak 88.64% (2000) Source World Bank

Sri Lanka Trade Openness (1960–2025)

Overview

Sri Lanka's trade openness stood at 46.06% in 2025, a rise of +3.67% from 2024. Based on recent trends, this figure is projected to reach 46.06% by 2025. Sri Lanka ranked 154th globally.

Data & projection

Year Trade Openness YoY change Rank
2027* trend 48.65% - -
2026* trend 47.36% - -
2025* trend 46.06% - -
2025 46.06% +3.67% #154
2024 42.40% −1.14% #24
2023 43.54% −3.15% #24
2022 46.68% +5.45% #25
2021 41.23% +4.14% #19
2020 37.09% −12.34% #21
2019 49.43% −0.38% #37
2018 49.81% +2.67% #33
2017 47.14% +0.67% #35
2016 46.47% −0.45% #33
2015 46.92% −2.23% #31
2009 49.15% −14.22% #37
2008 63.37% −5.24% #48
2007 68.61% −2.65% #60
2006 71.26% −2.34% #70
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 trade openness improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sri Lanka's trade openness?

Sri Lanka's trade openness was 46.06% in 2025. Ranked 154th globally. This represents a 8.6% increase from the previous year.

What was the highest trade openness in Sri Lanka?

Sri Lanka's trade openness peaked at 88.64% in 2000.

What was the lowest trade openness in Sri Lanka?

The lowest trade openness in Sri Lanka was 37.09% in 2020.

How does Sri Lanka rank in trade openness?

Sri Lanka ranks 154th globally in trade openness as of 2025.

What is the World Bank indicator code for trade openness?

The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.

What is the projected trade openness of Sri Lanka in 2025?

Sri Lanka's trade openness is projected to reach 46.06% by 2025 based on trend extrapolation.

What is the trade openness of Sri Lanka in 2025?

The trade openness of Sri Lanka in 2025 was 46.06%. This ranks 154th in the world.

Cite this page

APA
Sri Lanka Trade Openness. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/sri-lanka/trade-openness
BibTeX
@misc{historysaid_sri-lanka_trade-openness, title = {Sri Lanka Trade Openness}, url = {https://historysaid.com/sri-lanka/trade-openness}, publisher = {HistorySaid}, year = {2026} }