Sri Lanka's PPG, bonds (NFL, current US$) was −US$330.58 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 118.89% from US$1.75 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$330.58 million | 2024 |
| Five years earlier | US$2.65 billion | 2019 |
| Ten years earlier | US$1.75 billion | 2014 |
| Highest | US$2.65 billion | 2019 |
| Lowest | −US$1 billion | 2020 |
| Average since 2015 | US$521.94 million | 2015–2024 |
| First recorded | −US$3.38 million |
What the numbers say
In 2024, Sri Lanka's PPG, bonds (NFL, current US$) fell US$330.58 million on 2023 (from US$0 to −US$330.58 million).
Across the 17 yearly changes before that (1998 to 2023), the average change was −US$28.53 million and a typical year strayed about US$1.04 billion from that (the standard deviation). This year's change was 0.3 standard deviations below 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 US$1.4 billion in 2019 and the biggest yearly fall was US$3.65 billion in 2020. 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 downward, about US$280.15 million a year. A straight line explains 46% 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.
How it compares
In 2024, Sri Lanka had the 50th highest value of the 59 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$330.58 million | 2024 |
| South Asia | US$13.75 billion | 2024 |
| Upper middle income | US$29.75 billion | 2024 |
Closest to Sri Lanka in the 2024 ranking
What this measures
Public and publicly guaranteed debt from bonds that are either publicly issued or privately placed. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 23 values
| Year | PPG, bonds (NFL, current US$) |
|---|---|
| 2024 | -330,579,000 |
| 2023 | 0 |
| 2022 | -500,000,000 |
| 2021 | -1,000,000,000 |
| 2020 | -1,000,000,000 |
| 2019 | 2,650,000,000 |
| 2018 | 1,250,000,000 |
| 2017 | 1,000,000,000 |
| 2016 | 1,500,000,000 |
| 2015 | 1,650,000,000 |
| 2014 |
PPG, bonds (NFL, current US$) in nearby economies
- Bangladesh — −US$181.36 million (2024)
- India — US$14.26 billion (2024)
More economic policy & debt data for Sri Lanka
- Agriculture, forestry, and fishing, value added (current US$) — US$9.1 billion (2025)
- Agriculture, forestry, and fishing, value added (current LCU) — 2.74 trillion (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) — US$6.84 billion (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) — 929.67 billion (2025)
- Agriculture, forestry, and fishing, value added (% of GDP) — 8.36% (2025)
- Manufacturing, value added (current US$) — US$18.63 billion (2025)
- Manufacturing, value added (current LCU) — 5.61 trillion (2025)
- Manufacturing, value added (% of GDP) — 17.12% (2025)
- Industry, including construction, value added (current US$)
Reading data like this
Questions people ask
- What is Sri Lanka's PPG, bonds (NFL, current US$)?
- −US$330.58 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 9,695% from −US$3.38 million in 1970. The highest value was US$2.65 billion in 2019 and the lowest −US$1 billion in 2020.
- How does Sri Lanka rank?
- 50th highest of 59 economies with data for 2024.
- Is the latest change in PPG, bonds (NFL, current US$) unusual for Sri Lanka?
- In 2024, Sri Lanka's PPG, bonds (NFL, current US$) fell US$330.58 million on 2023 (from US$0 to −US$330.58 million). Across the 17 yearly changes before that (1998 to 2023), the average change was −US$28.53 million and a typical year strayed about US$1.04 billion from that (the standard deviation). This year's change was 0.3 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator DT.NFL.PBND.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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