Multilateral debt service in Sri Lanka
Sri Lanka: Multilateral debt service was 37.9% in 2024. ◆ Volatile
Multilateral debt service in Sri Lanka, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
Sri Lanka recorded 37.9% for multilateral debt service in 2024.
The figure is down 36.5% on the previous year and up 293.8% over ten years.
Over the whole period, multilateral debt service in Sri Lanka peaked at 59.7% in 2023 and was at its lowest, 5.2%, in 1975.
That places Sri Lanka 62nd out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Sri Lanka, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 10.4% | — |
| 1971 | 9.4% | -8.9% |
| 1972 | 8.8% | -7.1% |
| 1973 | 8.9% | +1.5% |
| 1974 | 8.9% | +0.6% |
| 1975 | 5.2% | -42.0% |
| 1976 | 6.5% | +26.0% |
| 1977 | 8.6% | +31.1% |
| 1978 | 12.8% | +48.9% |
| 1979 | 15.1% | +17.9% |
| 1980 | 11.8% | -21.8% |
| 1981 | 10.3% | -12.9% |
| 1982 | 8.3% | -18.6% |
| 1983 | 8.0% | -4.6% |
| 1984 | 8.8% | +11.1% |
| 1985 | 9.6% | +8.6% |
| 1986 | 10.4% | +8.6% |
| 1987 | 9.4% | -10.3% |
| 1988 | 10.8% | +15.4% |
| 1989 | 11.1% | +2.6% |
| 1990 | 13.8% | +24.7% |
| 1991 | 14.9% | +7.6% |
| 1992 | 13.8% | -6.9% |
| 1993 | 14.2% | +2.6% |
| 1994 | 13.7% | -3.3% |
| 1995 | 14.0% | +1.8% |
| 1996 | 14.7% | +5.5% |
| 1997 | 15.8% | +7.1% |
| 1998 | 16.0% | +1.6% |
| 1999 | 13.2% | -17.9% |
| 2000 | 13.2% | +0.3% |
| 2001 | 17.0% | +28.5% |
| 2002 | 19.1% | +12.5% |
| 2003 | 21.9% | +14.7% |
| 2004 | 22.1% | +0.6% |
| 2005 | 41.7% | +88.9% |
| 2006 | 22.8% | -45.2% |
| 2007 | 23.4% | +2.7% |
| 2008 | 21.0% | -10.5% |
| 2009 | 19.9% | -5.4% |
| 2010 | 19.4% | -2.4% |
| 2011 | 25.7% | +32.6% |
| 2012 | 16.2% | -36.8% |
| 2013 | 22.7% | +39.6% |
| 2014 | 9.6% | -57.5% |
| 2015 | 13.0% | +35.4% |
| 2016 | 16.4% | +25.6% |
| 2017 | 11.1% | -32.2% |
| 2018 | 10.5% | -5.1% |
| 2019 | 10.8% | +2.4% |
| 2020 | 13.1% | +21.2% |
| 2021 | 14.8% | +13.1% |
| 2022 | 33.8% | +128.1% |
| 2023 | 59.7% | +76.7% |
| 2024 | 37.9% | -36.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.5% | 5.2% | 15.1% | 10 |
| 1980s | 9.8% | 8.0% | 11.8% | 10 |
| 1990s | 14.4% | 13.2% | 16.0% | 10 |
| 2000s | 22.2% | 13.2% | 41.7% | 10 |
| 2010s | 15.6% | 9.6% | 25.7% | 10 |
| 2020s | 31.9% | 13.1% | 59.7% | 5 |
Countries ranked near Sri Lanka
More external debt data for Sri Lanka
- IFC, private nonguaranteed -48.93 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita -2.23 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP -0.0005 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre -592.87 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 2.8% (2024)
- Net financial flows, IDA 260.96 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 11.91 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0026 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 64.29 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 13.4% (2024)
Frequently asked questions
- What is multilateral debt service in Sri Lanka?
- Multilateral debt service in Sri Lanka was 37.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Sri Lanka?
- The highest recorded value was 59.7% in 2023.
- What is the lowest multilateral debt service recorded in Sri Lanka?
- The lowest recorded value was 5.2% in 1975.
- How does Sri Lanka rank for multilateral debt service?
- Sri Lanka ranks 62nd out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in Sri Lanka?
- Over the last ten years it is up 293.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.