Sri Lanka Household Debt: % of GDP

2010 - 2023 | Quarterly | % | CEIC Data

Key information about Sri Lanka Household Debt: % of GDP

  • Sri Lanka household debt accounted for 6.5 % of the country's Nominal GDP in Jun 2023, compared with the ratio of 7.6 % in the previous quarter.
  • Sri Lanka household debt to GDP ratio is updated quarterly, available from Dec 2010 to Jun 2023.
  • 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 5.6 USD bn in Jun 2023.
  • Money Supply M2 in Sri Lanka increased 9.4 % YoY in Dec 2023.
  • Sri Lanka Foreign Exchange Reserves was measured at 4.4 USD bn in Jan 2024.
  • The Foreign Exchange Reserves equaled 2.9 Months of Import in Jan 2024.
  • Sri Lanka Domestic Credit reached 1.3 USD bn in Dec 2023, representing an drop of 97.5 % 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.

View Sri Lanka's Household Debt: % of GDP from Dec 2010 to Jun 2023 in the chart:

Sri Lanka Household Debt: % of GDP

What was Sri Lanka's Household Debt: % of GDP in Jun 2023?

Sri Lanka household debt accounted for 6.5 % of the country's Nominal GDP in Jun 2023, compared with the ratio of 7.6 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
6.5 Jun 2023 7.6 Mar 2023 6.3 Dec 2014 10.4 Dec 2020 % quarterly Dec 2010 - Jun 2023

Household Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 11.8 Sep 2023 quarterly Dec 2008 - Sep 2023
Argentina (%) 3.9 Dec 2023 quarterly Dec 2004 - Dec 2023
Armenia (%) 25.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Australia (%) 116.6 Mar 2023 quarterly Jun 1988 - Mar 2023
Austria (%) 45.9 Sep 2023 quarterly Mar 1999 - Sep 2023
Azerbaijan (%) 11.4 Dec 2023 quarterly Mar 2005 - Dec 2023
Belarus (%) 9.9 Mar 2024 quarterly Dec 2006 - Mar 2024
Belgium (%) 60.2 Dec 2023 quarterly Dec 1992 - Dec 2023
Bolivia (%) 11.3 Dec 2022 quarterly Sep 2010 - Dec 2022
Bosnia and Herzegovina (%) 24.1 Dec 2023 quarterly Dec 2008 - Dec 2023
Botswana (%) 20.2 Dec 2023 quarterly Dec 2002 - Dec 2023
Brunei (%) 14.4 Dec 2023 quarterly Dec 2013 - Dec 2023
Bulgaria (%) 27.4 2022 yearly 1995 - 2022
Cambodia (%) 36.0 2022 yearly 2008 - 2022
Canada (%) 101.2 Dec 2023 quarterly Mar 1969 - Dec 2023
Chile (%) 40.4 Dec 2023 quarterly Mar 2009 - Dec 2023
China (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Colombia (%) 32.3 Dec 2023 quarterly Dec 2015 - Dec 2023
Croatia (%) 32.1 Dec 2023 quarterly Mar 2012 - Dec 2023
Cyprus (%) 88.2 2022 yearly 1995 - 2022
Czech Republic (%) 36.8 Dec 2023 quarterly Mar 2004 - Dec 2023
Denmark (%) 86.8 2022 yearly 1994 - 2022
Ecuador (%) 16.8 Dec 2023 quarterly Dec 2006 - Dec 2023
Egypt (%) 7.8 Dec 2023 quarterly Dec 2002 - Dec 2023
Estonia (%) 38.4 Dec 2023 quarterly Dec 2003 - Dec 2023
European Union (%) 46.3 Dec 2023 quarterly Sep 1997 - Dec 2023
Finland (%) 74.7 2023 yearly 1995 - 2023
France (%) 75.1 2022 yearly 1977 - 2022
Georgia (%) 36.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Germany (%) 52.2 Dec 2023 quarterly Dec 1991 - Dec 2023
Greece (%) 47.1 Sep 2023 quarterly Dec 1997 - Sep 2023
Hong Kong SAR, China (%) 92.7 Dec 2023 quarterly Mar 1982 - Dec 2023
Hungary (%) 20.2 Dec 2023 quarterly Dec 1995 - Dec 2023
Iceland (%) 73.2 Dec 2023 quarterly Dec 1995 - Dec 2023
India (%) 14.8 2023 yearly 1998 - 2023
Indonesia (%) 9.7 Mar 2024 quarterly Dec 2010 - Mar 2024
Ireland (%) 30.2 Dec 2023 quarterly Mar 2002 - Dec 2023
Israel (%) 42.4 Dec 2023 quarterly Dec 1995 - Dec 2023
Italy (%) 49.3 Sep 2023 quarterly Dec 1995 - Sep 2023
Japan (%) 65.5 Dec 2023 quarterly Dec 1997 - Dec 2023
Jordan (%) 81.3 Dec 2023 quarterly Mar 2002 - Dec 2023
Kazakhstan (%) 15.1 Sep 2023 quarterly Dec 1997 - Sep 2023
South Korea (%) 103.5 Dec 2023 quarterly Dec 2002 - Dec 2023
Kosovo (%) 19.8 Dec 2023 quarterly Dec 2010 - Dec 2023
Kuwait (%) 0.7 Sep 2023 quarterly Dec 2010 - Sep 2023
Kyrgyzstan (%) 7.0 Dec 2023 quarterly Dec 2000 - Dec 2023
Latvia (%) 20.1 Sep 2023 quarterly Mar 2004 - Sep 2023
Lithuania (%) 23.1 Dec 2023 quarterly Dec 1995 - Dec 2023
Luxembourg (%) 69.2 Dec 2023 quarterly Dec 1995 - Dec 2023
Macau SAR, China (%) 87.1 Dec 2023 quarterly Dec 2001 - Dec 2023
North Macedonia (%) 27.3 Dec 2023 quarterly Mar 2003 - Dec 2023
Malawi (%) 0.3 2011 yearly 2006 - 2011
Malaysia (%) 84.2 2023 yearly 2002 - 2023
Malta (%) 43.0 Dec 2023 quarterly Dec 2003 - Dec 2023
Mauritius (%) 20.6 Jun 2018 quarterly Mar 2009 - Jun 2018
Mexico (%) 16.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Mongolia (%) 22.3 Dec 2023 quarterly Mar 2004 - Dec 2023
Montenegro (%) 24.7 Dec 2023 quarterly Dec 2010 - Dec 2023
Morocco (%) 25.3 2022 yearly 2001 - 2022
Netherlands (%) 92.4 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (%) 91.5 Dec 2023 quarterly Dec 1990 - Dec 2023
Norway (%) 91.5 Dec 2023 quarterly Dec 1995 - Dec 2023
Panama (%) 38.0 Dec 2023 quarterly Dec 2007 - Dec 2023
Peru (%) 16.9 Dec 2023 quarterly Mar 2001 - Dec 2023
Philippines (%) 10.8 Dec 2023 quarterly Mar 2009 - Dec 2023
Poland (%) 24.0 Dec 2023 quarterly Dec 2003 - Dec 2023
Portugal (%) 66.3 Dec 2023 quarterly Dec 1999 - Dec 2023
Romania (%) 14.7 Dec 2023 quarterly Mar 2007 - Dec 2023
Russia (%) 20.6 Dec 2023 quarterly Dec 2000 - Dec 2023
Saudi Arabia (%) 11.7 Dec 2023 quarterly Dec 2003 - Dec 2023
Serbia (%) 18.1 Dec 2023 quarterly Dec 2003 - Dec 2023
Singapore (%) 54.1 Dec 2023 quarterly Mar 1995 - Dec 2023
Slovakia (%) 46.0 Dec 2023 quarterly Mar 2004 - Dec 2023
Slovenia (%) 27.6 Dec 2023 quarterly Mar 2004 - Dec 2023
South Africa (%) 40.8 Dec 2023 quarterly Mar 1969 - Dec 2023
Spain (%) 50.6 Dec 2023 quarterly Dec 1989 - Dec 2023
Sri Lanka (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Sweden (%) 86.7 Dec 2023 quarterly Mar 1996 - Dec 2023
Switzerland (%) 129.9 2023 yearly 1999 - 2023
Syria (%) 14.6 2011 yearly 2004 - 2011
Taiwan (%) 88.7 2022 yearly 2000 - 2022
Thailand (%) 86.6 Sep 2023 quarterly Mar 2003 - Sep 2023
Tunisia (%) 0.0 2020 yearly 2007 - 2020
Turkey (%) 11.3 Dec 2023 quarterly Dec 2014 - Dec 2023
Ukraine (%) 3.6 Dec 2023 quarterly Dec 2002 - Dec 2023
United Arab Emirates (%) 106.2 2021 yearly 2013 - 2021
United Kingdom (%) 83.5 Dec 2023 quarterly Mar 1987 - Dec 2023
United States (%) 64.0 Dec 2023 quarterly Mar 1999 - Dec 2023
Uruguay (%) 11.3 Dec 2023 quarterly Dec 2005 - Dec 2023
Venezuela (%) 3.4 2017 yearly 2004 - 2017

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Sri Lanka Key Series

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Includes 205 key indicators for Sri Lanka, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.3 Dec 2023 quarterly Dec 2014 - Dec 2023
Tax Revenue (USD mn) 8,317.177 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 10.8 Dec 2023 quarterly Mar 2014 - Dec 2023
National Government Debt (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: % of GDP (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (LKR bn) 4,472.546 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.420 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.590 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 17,051,854.265 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Debt: Foreign (LKR mn) 11,644,094.293 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Revenue & Grants​: Revenue (LKR mn) 938,335.266 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,624,259.612 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Recurrent (LKR mn) 1,371,994.242 Dec 2023 quarterly Mar 2014 - Dec 2023
Overall Fiscal Surplus/Deficit (LKR mn) -668,691.039 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Capital & Net Lending (LKR mn) 252,265.370 Dec 2023 quarterly Mar 2014 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -368.8 Mar 2024 monthly Jan 1982 - Mar 2024
Total Exports (USD mn) 1,138.9 Mar 2024 monthly Jan 1982 - Mar 2024
Total Exports Growth (%) 9.8 Mar 2024 monthly Jan 1983 - Mar 2024
Aluminum: Exports (USD th) 8,005.174 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 8,546.747 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,537.951 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,507.7 Mar 2024 monthly Jan 1982 - Mar 2024
Total Imports Growth (%) 4.0 Mar 2024 monthly Jan 1983 - Mar 2024
Imports: Medicament (USD th) 381,649.432 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 128,854.946 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 232.293 Jan 2024 monthly Jan 1978 - Jan 2024
Total Imports from USA (USD mn) 28.986 Jan 2024 monthly Jan 1978 - Jan 2024
Total Exports to China (USD mn) 19.429 Jan 2024 monthly Jan 2016 - Jan 2024
Total Imports from China (USD mn) 264.260 Jan 2024 monthly Jan 2016 - Jan 2024
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Imports: Investment Goods (LKR mn) 69,124.227 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Intermediate Goods (LKR mn) 308,788.975 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Intermediate Goods: Fuel (LKR mn) 141,255.073 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Consumer Goods (LKR mn) 82,824.598 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 57,433.821 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Imports: Singapore (USD mn) 871.000 2022 yearly 2003 - 2022
Imports: Japan (USD mn) 252.000 2022 yearly 2003 - 2022
Imports: United Arab Emirates (USD mn) 666.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 195.253 Mar 2024 monthly Jan 2010 - Mar 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 140.237 Mar 2024 monthly Jan 2010 - Mar 2024
Terms of Trade Index: 2010=100 (2010=100) 84.370 Mar 2024 monthly Jan 2010 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Current Account Balance (USD mn) 237.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 46.216 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,031.5 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,439.912 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -666.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) 793.113 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account: Credit (USD mn) 6,143.302 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets (USD mn) 563.424 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Direct Investment (DI) (USD mn) 8.483 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods (USD mn) -1,559.075 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities (USD mn) 406.899 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 126.558 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account (CP) (USD mn) 8.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,462.666 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account: Debit (USD mn) 5,906.148 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 173.433 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account (CA) (USD mn) 237.154 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods: Credit (USD mn) 2,928.692 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Secondary Income: Credit (USD mn) 1,625.386 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services (USD mn) 918.441 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account: Credit (USD mn) 16.646 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 250.896 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & Capital Account (USD mn) 245.710 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 593.539 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Credit (USD mn) 6,159.948 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Debit (USD mn) 5,914.238 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 111.092 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Other Investment (OI) (USD mn) -212.031 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
International Investment Position (IIP): Net (USD mn) -51,439.912 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Assets (USD mn) 12,546.277 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Liabilities (USD mn) 63,986.189 Dec 2023 quarterly Dec 2012 - Dec 2023
No of Registered Enterprises (Unit) 6,298.000 2022 yearly 1994 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Money Supply M1 (USD mn) 5,256.105 Feb 2024 monthly Jan 1994 - Feb 2024
Money Supply M2 (USD mn) 37,373.103 Feb 2024 monthly Jan 1994 - Feb 2024
M2 Growth (%) 9.6 Feb 2024 monthly Jan 1995 - Feb 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 4,916.4 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 3.3 Mar 2024 monthly Jan 1982 - Mar 2024
Gold Reserves (USD mn) 33.772 Mar 2024 monthly Dec 1977 - Mar 2024
Total Deposits (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Total Deposits Growth (%) 6.7 Jul 2023 monthly Dec 2003 - Jul 2023
Domestic Credit (USD mn) 1,267.7 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Credit Growth (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Household Debt (USD mn) 5,580.5 Jun 2023 quarterly Jun 2010 - Jun 2023
Total Loans (USD mn) 26,741.622 Feb 2024 monthly Dec 1983 - Feb 2024
Total Loans Growth (%) 0.42 Feb 2024 monthly Dec 1984 - Feb 2024
Private Debt: % of Nominal GDP (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 4,916.379 Mar 2024 monthly Nov 2013 - Mar 2024
Official Reserve Assets (ORA) (USD mn) 4,959.846 Mar 2024 monthly Nov 2013 - Mar 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,714,837.000 Jun 2023 quarterly Jun 2010 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Business Sentiment Index: Business Condition: Current Quarter (Index) 93.000 Dec 2023 quarterly Jun 2014 - Dec 2023
Purchasing Managers Index: Manufacturing (Index) 62.500 Mar 2024 monthly May 2015 - Mar 2024

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