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Sri Lanka Imports (% GDP)

Sri Lanka's imports (% GDP) fell to 22.51% in 2024, down from 22.85% in 2023, according to World Bank. This represents a decrease of 0.34% from the previous year. Sri Lanka has imports (% GDP) lower than the global median (22.51% vs median 45.74%). Compared with the median in Asia, Sri Lanka is lower (22.51% vs regional median 45.37%) and ranks 40th out of 45 countries in Asia.

Sri Lanka's exports (% GDP) fell to 19.89% in 2024, down from 20.69% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 22.51%
2023 22.85%
2022 25.12%
2021 24.31%
2020 21.63%
2019 27.6%
2018 28.36%
2017 26.92%
2016 26.65%
2015 27.02%
2009 27.82%
2008 38.53%
2007 39.49%
2006 41.13%
2005 41.27%
2004 44.15%
2003 40.68%
2002 41.42%
2001 43.57%
2000 49.62%
1999 43.27%
1998 42.25%
1997 43.6%
1996 43.9%
1995 46.04%
1994 45.62%
1993 43.35%
1992 41.03%
1991 38.85%
1990 38.06%
1989 36.76%
1988 36.84%
1987 35.7%
1986 35.33%
1985 37.97%
1984 34.74%
1983 41.43%
1982 46.26%
1981 46.54%
1980 54.8%
1979 45.75%
1978 39.55%
1977 30.16%
1976 31.38%
1975 34.96%
1974 33.9%
1973 25.56%
1972 23.9%
1971 26.61%
1970 28.6%
1969 24.62%
1968 23.59%
1967 23.3%
1966 25.85%
1965 25.49%
1964 26.72%
1963 27.49%
1962 29.2%
1961 28.49%
1960 32.91%
Sri Lanka Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by Sri Lanka compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $12.11B $12.05B 2024
Annual Imports $18.39B $16.39B 2024
Balance of Trade -$414M -$580M Aug'25
Exports $1.3B $1.3B Aug'25
Exports (% GDP) 19.89% 20.69% 2024
FDI Inflows (% GDP) 0.85% 1.19% 2023
Imports $1.7B $1.9B Aug'25
Net Trade (Goods & Services, BoP) -$1.5B -$3.07B 2023
Tariff Rate 5.73% 8.84% 2021
Trade (% GDP) 42.4% 43.54% 2024