Sri Lanka Motor Vehicles Sales Growth

2006 - 2019 | Yearly | % | CEIC Data

Key information about Sri Lanka Motor Vehicles Sales Growth

  • Sri Lanka Motor Vehicles Sales dropped 27.0 % in Dec 2019, compared with a decrease of 13.5 % in the previous year.
  • Sri Lanka Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2019, with an average growth rate of 7.3 %.
  • The data reached an all-time high of 166.7 % in Dec 2011 and a record low of -56.7 % in Dec 2017.
  • Car Sales of Sri Lanka recorded 9,545.0 units in Dec 2019.

CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.

View Sri Lanka's Motor Vehicles Sales Growth from 2006 to 2019 in the chart:

Sri Lanka Motor Vehicles Sales Growth

What was Sri Lanka's Motor Vehicles Sales Growth in 2019?

Sri Lanka Motor Vehicles Sales dropped 27.0 % in Dec 2019, compared with a decrease of 13.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-27.0 2019 -13.5 2018 -56.7 2017 166.7 2011 % yearly 2006 - 2019

Motor Vehicles Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 97.3 Dec 2024 monthly Jan 1997 - Dec 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) -2.7 Dec 2024 monthly Jan 1995 - Dec 2024
Austria (%) 14.0 2023 yearly 2006 - 2023
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -6.9 2022 yearly 2006 - 2022
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) 3.6 Dec 2024 monthly Jan 2003 - Dec 2024
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 8.8 2022 yearly 2006 - 2022
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 11.3 Nov 2024 monthly Jan 1947 - Nov 2024
Chile (%) 3.3 Dec 2024 monthly Jan 2010 - Dec 2024
China (%) 10.5 Dec 2024 monthly Jan 2001 - Dec 2024
Colombia (%) 24.8 Nov 2024 monthly Jan 2004 - Nov 2024
Croatia (%) 31.2 2023 yearly 2006 - 2023
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) 12.7 2023 yearly 2006 - 2023
Ecuador (%) -1.6 2023 yearly 2006 - 2023
Egypt (%) -50.9 2023 yearly 2006 - 2023
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) 6.3 2023 yearly 2006 - 2023
France (%) -9.9 2022 yearly 2006 - 2022
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.3 2022 yearly 2006 - 2022
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 25.7 2023 yearly 2006 - 2023
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) 0.1 2023 yearly 2006 - 2023
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -6.4 Dec 2024 monthly Jan 1990 - Dec 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) 17.4 2023 yearly 2006 - 2023
Israel (%) 24.7 2023 yearly 2006 - 2023
Italy (%) 19.2 2023 yearly 2006 - 2023
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -9.1 Dec 2024 monthly Jan 1992 - Dec 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 70.9 2023 yearly 2006 - 2023
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) 0.4 Dec 2024 monthly Jan 1995 - Dec 2024
Kuwait (%) 17.6 2023 yearly 2006 - 2023
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) -7.8 Nov 2024 monthly Jul 1995 - Nov 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 2.1 Dec 2024 monthly Jan 1996 - Dec 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) 0.1 2023 yearly 2006 - 2023
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) 18.9 2023 yearly 2006 - 2023
New Zealand (%) -13.6 2024 yearly 1976 - 2024
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -21.9 2023 yearly 2006 - 2023
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 66.1 Dec 2024 monthly Jul 2006 - Dec 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 1.3 Nov 2024 monthly Jan 2006 - Nov 2024
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 1.9 2023 yearly 2006 - 2023
Philippines (%) 7.4 Dec 2024 monthly Jan 1997 - Dec 2024
Poland (%) 11.4 2023 yearly 2006 - 2023
Portugal (%) 16.4 Dec 2024 monthly Jan 2001 - Dec 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 13.3 2023 yearly 2006 - 2023
Russia (%) 155.4 Dec 2024 monthly Jan 2009 - Dec 2024
Saudi Arabia (%) 23.1 2023 yearly 2006 - 2023
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 67.3 Sep 2024 monthly Jan 2011 - Sep 2024
Slovakia (%) 13.1 2023 yearly 2006 - 2023
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) 2.5 Dec 2024 monthly Jan 2004 - Dec 2024
Spain (%) 17.6 2023 yearly 2006 - 2023
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) 3.6 2023 yearly 2006 - 2023
Switzerland (%) 12.9 2023 yearly 2006 - 2023
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -27.4 Dec 2024 monthly Jan 1998 - Dec 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -31.3 Nov 2024 monthly Dec 1992 - Nov 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Sri Lanka Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.6 Sep 2024 quarterly Dec 2014 - Sep 2024
Tax Revenue (USD mn) 8,317.177 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 13.1 Sep 2024 quarterly Mar 2014 - Sep 2024
National Government Debt (USD mn) 96,536.0 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Debt: % of GDP (%) 96.9 Sep 2024 quarterly Mar 2014 - Sep 2024
Forecast: Government Expenditure (LKR bn) 4,472.546 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.423 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.589 2022 yearly 1990 - 2022
Government Debt: Foreign (LKR mn) 10,979,599.147 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Debt: Domestic (LKR mn) 17,595,054.038 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Revenue & Grants​: Revenue (LKR mn) 1,057,676.372 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,434,468.885 Sep 2024 quarterly Mar 2014 - Sep 2024
Overall Fiscal Surplus/Deficit (LKR mn) -371,289.223 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & LR: Capital & Net Lending (LKR mn) 218,331.171 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & LR: Recurrent (LKR mn) 1,216,137.714 Sep 2024 quarterly Mar 2014 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -502.2 Nov 2024 monthly Jan 1982 - Nov 2024
Total Exports (USD mn) 994.1 Nov 2024 monthly Jan 1982 - Nov 2024
Total Exports Growth (%) -0.5 Nov 2024 monthly Jan 1983 - Nov 2024
Aluminum: Exports (USD th) 5,069.768 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,132.477 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,888.910 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,496.3 Nov 2024 monthly Jan 1982 - Nov 2024
Total Imports Growth (%) 7.7 Nov 2024 monthly Jan 1983 - Nov 2024
Imports: Medicament (USD th) 444,961.269 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 100,047.227 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 278.453 Sep 2024 monthly Jan 1978 - Sep 2024
Total Imports from USA (USD mn) 36.715 Sep 2024 monthly Jan 1978 - Sep 2024
Total Exports to China (USD mn) 26.291 Sep 2024 monthly Jan 2016 - Sep 2024
Total Imports from China (USD mn) 254.736 Sep 2024 monthly Jan 2016 - Sep 2024
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Imports: Intermediate Goods (LKR mn) 268,676.012 Nov 2024 monthly Jan 1995 - Nov 2024
Imports: Investment Goods (LKR mn) 74,790.734 Nov 2024 monthly Jan 1995 - Nov 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 70,540.870 Nov 2024 monthly Jan 1995 - Nov 2024
Imports: Intermediate Goods: Fuel (LKR mn) 90,712.868 Nov 2024 monthly Jan 1995 - Nov 2024
Imports: Consumer Goods (LKR mn) 93,325.454 Nov 2024 monthly Jan 1995 - Nov 2024
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
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 158.913 Nov 2024 monthly Jan 2010 - Nov 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 138.958 Nov 2024 monthly Jan 2010 - Nov 2024
Terms of Trade Index: 2010=100 (2010=100) 90.348 Nov 2024 monthly Jan 2010 - Nov 2024
Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
Export Value Index (2015=100) 118.509 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7.2 Sep 2024 quarterly Mar 2012 - Sep 2024
Current Account Balance (USD mn) 303.4 Sep 2024 quarterly Mar 1977 - Sep 2024
Current Account Balance: % of GDP (%) 1.2 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Direct Investment (USD mn) 45.4 Sep 2024 quarterly Mar 1977 - Sep 2024
Foreign Direct Investment: % of GDP (%) 0.2 Sep 2024 quarterly Mar 2002 - Sep 2024
Foreign Portfolio Investment (USD mn) 146.023 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 0.6 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 27.0 Sep 2024 quarterly Mar 2012 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 119.064 Sep 2024 quarterly Mar 2012 - Sep 2024
External Debt (USD mn) 56,594.5 Sep 2024 quarterly Dec 2012 - Sep 2024
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,234.5 Sep 2024 quarterly Dec 2012 - Sep 2024
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) -51,921.770 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Secondary Income (USD mn) 1,659.819 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Direct Investment (DI) (USD mn) 7.183 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities (USD mn) 145.573 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services: Debit (USD mn) 906.117 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets (USD mn) 489.501 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current Account (CA) (USD mn) 303.375 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 197.743 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income: Debit (USD mn) 753.118 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,786.923 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods: Debit (USD mn) 5,033.889 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current Account: Debit (USD mn) 6,736.586 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Secondary Income: Credit (USD mn) 1,703.281 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account: Debit (USD mn) 7.600 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods (USD mn) -1,660.190 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Secondary Income: Debit (USD mn) 43.462 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods: Credit (USD mn) 3,373.699 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 45.402 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account (CP) (USD mn) 13.490 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account: Credit (USD mn) 21.090 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services (USD mn) 880.806 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current Account: Credit (USD mn) 7,039.961 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 146.023 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income: Credit (USD mn) 176.058 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & Capital Account (USD mn) 316.866 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & CA: Debit (USD mn) 6,744.186 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 283.718 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income (PI) (USD mn) -577.059 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & CA: Credit (USD mn) 7,061.052 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Other Investment (OI) (USD mn) 0.857 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Other Investment (OI) (USD mn) -45.852 Sep 2024 quarterly Mar 2012 - Sep 2024
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
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
IIP: Liabilities (USD mn) 66,403.522 Sep 2024 quarterly Dec 2012 - Sep 2024
International Investment Position (IIP): Net (USD mn) -51,921.770 Sep 2024 quarterly Dec 2012 - Sep 2024
IIP: Assets (USD mn) 14,481.753 Sep 2024 quarterly Dec 2012 - Sep 2024
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 2024 quarterly Dec 2010 - Jun 2024
Money Supply M1 (USD mn) 6,193.393 Nov 2024 monthly Jan 1994 - Nov 2024
Money Supply M2 (USD mn) 42,795.939 Nov 2024 monthly Jan 1994 - Nov 2024
M2 Growth (%) 10.6 Nov 2024 monthly Jan 1995 - Nov 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 6,043.6 Dec 2024 monthly Dec 1956 - Dec 2024
Foreign Exchange Reserves: Months of Import (NA) 4.3 Nov 2024 monthly Jan 1982 - Nov 2024
Gold Reserves (USD mn) 39.750 Dec 2024 monthly Dec 1977 - Dec 2024
Total Deposits (USD mn) 52,886.716 Jul 2024 monthly Dec 2002 - Jul 2024
Total Deposits Growth (%) 10.9 Jul 2024 monthly Dec 2003 - Jul 2024
Domestic Credit (USD mn) 57,595.2 Nov 2024 monthly Jan 1996 - Nov 2024
Domestic Credit Growth (%) 3.9 Nov 2024 monthly Jan 1997 - Nov 2024
Household Debt (USD mn) 6,173.4 Jun 2024 quarterly Jun 2010 - Jun 2024
Total Loans (USD mn) 29,583.094 Oct 2024 monthly Dec 1983 - Oct 2024
Total Loans Growth (%) 6.41 Oct 2024 monthly Dec 1984 - Oct 2024
Private Debt: % of Nominal GDP (%) 25.02 Jun 2024 quarterly Dec 2010 - Jun 2024
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 6,043.613 Dec 2024 monthly Nov 2013 - Dec 2024
Official Reserve Assets (ORA) (USD mn) 6,091.280 Dec 2024 monthly Nov 2013 - Dec 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,888,430.000 Jun 2024 quarterly Jun 2010 - Jun 2024
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) 108.000 Sep 2024 quarterly Jun 2014 - Sep 2024
Purchasing Managers Index: Manufacturing (Index) 57.200 Dec 2024 monthly May 2015 - Dec 2024

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