Sri Lanka: Import value index (2015 = 100)

Key figures

What the numbers say

In 2024, Sri Lanka's import value index (2015 = 100) rose 10.7 on 2023 (from 88.8 to 99.5).

Across the 18 yearly changes before that (2006 to 2023), the average change was +2.34 and a typical year strayed about 15.04 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 35.6 in 2011 and the biggest yearly fall was 20.6 in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 15% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Sri Lanka had the 179th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Sri Lanka in the 2024 ranking

• Syrian Arab Republic — 176th of 204: 101.2
• Argentina — 177th of 204: 100.9
• Turks and Caicos Islands — 178th of 204: 100.3
• Botswana — 180th of 204: 99.3
• Lesotho — 181st of 204: 92.6
• Nigeria — 182nd of 204: 91.6

What this measures

Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.

All 20 values

Import value index (2015 = 100) in nearby economies

• Bangladesh — 162.9 (2024)
• Bhutan — 140.5 (2024)
• India — 182.2 (2024)
• Maldives — 191.9 (2024)
• Nepal — 185.2 (2024)

More trade data for Sri Lanka

• Tariff rate, applied, simple mean, manufactured products (%) — 4.36% (2021)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 4.12% (2021)
• Tariff rate, applied, weighted mean, manufactured products (%) — 2% (2021)
• Tariff rate, most favored nation, weighted mean, manufactured products (%) — 2.37% (2021)
• Tariff rate, applied, simple mean, all products (%) — 5.73% (2021)
• Tariff rate, most favored nation, simple mean, all products (%) — 6.45% (2021)
• Tariff rate, applied, weighted mean, all products (%) — 4.36% (2021)
• Tariff rate, most favored nation, weighted mean, all products (%) — 4.68% (2021)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Sri Lanka's import value index (2015 = 100)?

99.5 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 113.06% from 46.7 in 2005 (4.06% a year on average, compounded). The highest value was 117.4 in 2018 and the lowest 46.7 in 2005.

How does Sri Lanka rank?

179th highest of 204 economies with data for 2024.

Is the latest change in import value index (2015 = 100) unusual for Sri Lanka?

In 2024, Sri Lanka's import value index (2015 = 100) rose 10.7 on 2023 (from 88.8 to 99.5). Across the 18 yearly changes before that (2006 to 2023), the average change was +2.34 and a typical year strayed about 15.04 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

Source

World Bank, World Development Indicators, indicator TM.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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