Economic Policy & Debt · Sri Lanka
Yearly data from 1970 to 2024, from the World Bank.
Sri Lanka's multilateral debt service (TDS, current US$) was US$1.03 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 219.08% from US$323.38 million in 2014 (12.3% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$1.03 billion | 2024 |
| Five years earlier | US$536.54 million | 2019 |
| Ten years earlier | US$323.38 million | 2014 |
| Highest | US$1.03 billion | 2024 |
| Lowest | US$3.87 million | 1971 |
| Average since 2015 | US$587.45 million | 2015–2024 |
| First recorded | US$4.3 million | 1970 |
Over five years it is up 92.32% from US$536.54 million in 2019 (13.97% a year on average, compounded). Since 1970 it is up 23,891% from US$4.3 million in 1970 (10.68% a year on average, compounded).
In 2024, Sri Lanka's multilateral debt service (TDS, current US$) rose 11.7% on 2023 (from US$924.08 million to US$1.03 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +10.3% and a typical year strayed about 7.7% from that (the standard deviation). This year's change was 0.2 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 35.7% in 2023 and the biggest yearly fall was 15.4% in 1980. 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 the straight-line trend is upward, about US$75.25 million a year. A straight line explains 92% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2024, Sri Lanka had the 26th highest value of the 120 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.
| Value | Year | |
|---|---|---|
| Sri Lanka | US$1.03 billion | 2024 |
| South Asia | US$14.66 billion | 2024 |
| Upper middle income | US$51.4 billion | 2024 |
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
| Year | Multilateral debt service (TDS, current US$) |
|---|---|
| 2024 | 1,031,848,727 |
| 2023 | 924,076,820 |
| 2022 | 680,849,900 |
| 2021 | 613,991,228 |
| 2020 | 570,107,857 |
| 2019 | 536,537,768 |
| 2018 | 467,899,562 |
| 2017 | 383,910,795 |
| 2016 | 345,891,211 |
| 2015 | 319,417,388 |
| 2014 | 323,378,594 |
| 2013 | 301,557,235 |
| 2012 | 283,355,269 |
| 2011 | 274,676,171 |
| 2010 | 228,152,410 |
| 2009 | 220,112,787 |
| 2008 | 211,185,575 |
| 2007 | 170,911,222 |
| 2006 | 157,137,241 |
| 2005 | 129,680,905 |
| 2004 | 119,958,634 |
| 2003 | 106,185,183 |
| 2002 | 97,752,152 |
| 2001 | 89,627,376 |
| 2000 | 81,577,075 |
| 1999 | 74,578,802 |
| 1998 | 70,174,087 |
| 1997 | 64,446,388 |
| 1996 | 57,271,301 |
| 1995 | 54,221,963 |
| 1994 | 52,140,414 |
| 1993 | 51,975,349 |
| 1992 | 48,648,968 |
| 1991 | 43,198,374 |
| 1990 | 39,393,537 |
| 1989 | 33,821,474 |
| 1988 | 35,230,196 |
| 1987 | 29,794,386 |
| 1986 | 26,791,224 |
| 1985 | 20,655,931 |
| 1984 | 17,042,637 |
| 1983 | 13,169,196 |
| 1982 | 11,937,115 |
| 1981 | 9,623,000 |
| 1980 | 9,945,000 |
| 1979 | 11,761,000 |
| 1978 | 11,652,000 |
| 1977 | 10,819,000 |
| 1976 | 8,425,000 |
| 1975 | 7,185,000 |
| 1974 | 6,172,000 |
| 1973 | 4,864,000 |
| 1972 | 4,354,000 |
| 1971 | 3,868,000 |
| 1970 | 4,301,000 |
Every indicator for Sri Lanka is on the Sri Lanka data page.
World Bank, World Development Indicators, indicator DT.TDS.MLAT.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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