Sri Lanka's current account gap narrowed to USD 815 million in the fourth quarter of 2018 from USD 1,084 million in the same period of the previous year, as the goods deficit declined to USD 1,470 million from USD 1,875 million while the services surplus widened slightly to USD 919 million from USD 905 million. Meanwhile, the primary income gap increased to USD 868 million from USD 802 million last year, while the secondary income surplus was little-changed at USD 1,523 million. Considering 2018 full year, Sri Lanka's current account gap widened to USD 2.81 billion from USD 2.31 billion in 2017. Current Account in Sri Lanka averaged -441.60 USD Million from 2001 until 2018, reaching an all time high of 255.28 USD Million in the third quarter of 2009 and a record low of -1695.29 USD Million in the fourth quarter of 2011.

Current Account in Sri Lanka is expected to be -895.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Sri Lanka to stand at -650.00 in 12 months time. In the long-term, the Sri Lanka Current Account is projected to trend around -810.00 USD Million in 2020, according to our econometric models.

Sri Lanka Current Account
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Calendar GMT Actual Previous Consensus TEForecast
2018-06-29 10:55 AM Current Account $-709M $-1090M $ -653.1M
2018-09-28 09:30 AM Current Account $-1127M $-686M $ -820M
2019-01-15 11:30 AM Current Account $-462M $-1086M $ -910M
2019-04-15 11:00 AM Current Account $-815M $-389M $ -1040M
2019-06-29 10:55 AM Current Account $-815M $ -930M
2019-09-28 09:30 AM Current Account $ -895M
2019-12-28 10:00 AM Current Account $ -870M


Sri Lanka Trade Last Previous Highest Lowest Unit
Balance of Trade -451.00 -617.00 -50.10 -1100.70 USD Million [+]
Current Account -815.14 -389.43 255.28 -1695.29 USD Million [+]
Current Account to GDP -3.00 -2.60 -0.40 -19.30 percent [+]
Exports 981.00 1038.00 1108.00 304.80 USD Million [+]
Imports 1432.00 1655.00 2048.00 408.00 USD Million [+]
External Debt 52310.45 53177.39 53487.28 37098.10 USD Million [+]
Terms of Trade 119.70 107.78 161.24 74.50 Index Points [+]
Tourist Arrivals 166975.00 244328.00 253169.00 5536.00 [+]
Gold Reserves 19.90 19.90 23.10 3.63 Tonnes [+]
Terrorism Index 4.05 2.91 7.13 2.91 [+]
Tourism Revenues 362.70 284.00 453.50 19.30 USD Million [+]
Remittances 555.00 599.10 729.35 241.34 USD Million [+]
Foreign Direct Investment 719.00 352.00 964.00 20.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Sri Lanka Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Sri Lanka Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Current Account - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-815.14 -389.43 255.28 -1695.29 2001 - 2018 USD Million Quarterly




Country Last Previous
Argentina -2317.00 Dec/18
Australia -7203.00 Dec/18
Brazil -494.20 Mar/19
Canada -15483.00 Dec/18
China 586.00 Mar/19
Euro Area 35.10 Mar/19
France -1263.00 Mar/19
Germany 30217.35 Mar/19
India -16899.55 Dec/18
Indonesia -6966.00 Mar/19
Italy 4040.10 Mar/19
Japan 2847.87 Mar/19
Mexico -3424.00 Dec/18
Netherlands 27505.30 Dec/18
Russia 32800.00 Mar/19
Saudi Arabia 18521.00 Dec/18
Singapore 17796.10 Dec/18
South Africa -110158.00 Dec/18
South Korea 4820.00 Mar/19
Spain -2769.00 Feb/19
Switzerland 15181.70 Dec/18
Turkey -589.00 Mar/19
United Kingdom -23707.00 Dec/18
United States -134377.00 Dec/18


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