Flag of lk

Sri Lanka Private Credit (% GDP)

Sri Lanka's private credit (% GDP) rose to 47.01% in 2019, up from 46.7% in 2018, according to World Bank. This represents an increase of 0.31% from the previous year. Sri Lanka has private credit (% GDP) higher than the global median (47.01% vs median 39.47%). Compared with the median in Asia, Sri Lanka is lower (47.01% vs regional median 59.91%) and ranks 26th out of 41 countries in Asia.

Yearly Historical Data (1960-2019)

(in %)
Year Private Credit (% GDP)
2019 47.01%
2018 46.7%
2017 43.88%
2016 42.48%
2015 39.38%
2014 34.49%
2013 33.54%
2012 34.02%
2011 33.74%
2010 24.68%
2009 25.74%
2008 29.54%
2007 34.24%
2006 34.67%
2005 33.08%
2004 32.39%
2003 30.75%
2002 31.03%
2001 30.73%
2000 28.83%
1999 29.26%
1998 28.72%
1997 29.44%
1996 29.9%
1995 31.07%
1994 10.96%
1993 9.83%
1992 9.06%
1991 8.82%
1990 19.62%
1989 20.18%
1988 21.8%
1987 20.19%
1986 20.36%
1985 20.68%
1984 19.3%
1983 21.08%
1982 19.62%
1981 18.14%
1980 17.17%
1979 22.63%
1978 20.31%
1977 15.69%
1976 12.97%
1975 12.65%
1974 13.41%
1973 11.59%
1972 13.89%
1971 12.36%
1970 11.7%
1969 12.36%
1968 11.3%
1967 10.35%
1966 9.78%
1965 9.18%
1964 9.37%
1963 8.63%
1962 7.23%
1961 7.33%
1960 7.27%
Sri Lanka Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Sri Lanka.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 1.2% 1.7% Dec'24
Debt to GDP Ratio 96.1% 105% Dec'24
Interest Rate 7.75% 7.75% Sep'25