Gross national savings — all countries

Gross national savings — Sri Lanka

Gross national savings in Sri Lanka in 2024 — 27.6%. Ranked 44 in the world out of 146. Since 1975, the indicator has risen by 20.1 pp.

2024 27.6% +1.6 pp vs 2023
World rank 44of 146
Period maximum 37.3%2017
Period minimum 2.9%1976

Trend over time

1975–2024 · % of GDP

Gross national savings — Sri Lanka, 1975–2024010203040197519801985199019952000200520102015202020241975: 7.5%1976: 2.9%1977: 5.1%1978: 11.2%1979: 22.7%1980: 25.7%1981: 26.8%1982: 28.3%1983: 26.7%1984: 24.1%1985: 23.7%1986: 23.7%1987: 24.2%1988: 24.7%1989: 23.6%1990: 23.7%1991: 23.6%1992: 24.5%1993: 25.6%1994: 24.4%1995: 20.8%1996: 21.6%1997: 22.2%1998: 22.7%1999: 23.4%2000: 22%2001: 23%2002: 21.3%2003: 21.7%2004: 22.1%2005: 24.2%2006: 22.7%2007: 23.6%2008: 18%2009: 23.9%2015: 32%2016: 34.5%2017: 37.3%2018: 35.1%2019: 32%2020: 31.4%2021: 33%2022: 25.9%2023: 26%2024: 27.6%
Change over the period: +20.1 pp Annual average: 0.41 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Sri Lanka

Sri Lanka 27.6%
World 26.1%
South Asia 34.5%
Southern Asia computed 32.9%
Gross national savings — Sri Lanka, by year Sri Lanka All countries CSV XLSX
Year % Change, pp
2024 27.6 +1.6 pp
2023 26 +0.2 pp
2022 25.9 −7.1 pp
2021 33 +1.7 pp
2020 31.4 −0.7 pp
2019 32 −3.1 pp
2018 35.1 −2.2 pp
2017 37.3 +2.8 pp
2016 34.5 +2.4 pp
2015 32
2009 23.9 +5.9 pp
2008 18 −5.6 pp
2007 23.6 +0.9 pp
2006 22.7 −1.5 pp
2005 24.2 +2 pp
2004 22.1 +0.5 pp
2003 21.7 +0.3 pp
2002 21.3 −1.6 pp
2001 23 +1 pp
2000 22 −1.4 pp
1999 23.4 +0.7 pp
1998 22.7 +0.5 pp
1997 22.2 +0.6 pp
1996 21.6 +0.8 pp
1995 20.8 −3.5 pp
1994 24.4 −1.2 pp
1993 25.6 +1.2 pp
1992 24.5 +0.8 pp
1991 23.6 −0.1 pp
1990 23.7 +0.1 pp
1989 23.6 −1.1 pp
1988 24.7 +0.5 pp
1987 24.2 +0.5 pp
1986 23.7 −0 pp
1985 23.7 −0.4 pp
1984 24.1 −2.5 pp
1983 26.7 −1.6 pp
1982 28.3 +1.5 pp
1981 26.8 +1 pp
1980 25.7 +3.1 pp
1979 22.7 +11.5 pp
1978 11.2 +6 pp
1977 5.1 +2.2 pp
1976 2.9 −4.6 pp
1975 7.5

Southern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.