Net official development assistance received in Sri Lanka
Sri Lanka: Net official development assistance received was -257.97 million current US$ in 2018. ▼ Falling
Net official development assistance received in Sri Lanka, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2018, net official development assistance received in Sri Lanka stood at -257.97 million current US$. That is the lowest value across all 29 years on record.
That represents a change of down 182.3% on the previous year and down 140.7% over ten years.
Over the whole period, net official development assistance received in Sri Lanka peaked at 1.04 billion current US$ in 2005 and was at its lowest, -257.97 million current US$, in 2018.
That places Sri Lanka 168th out of 170 countries with data for 2018, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 29 years of available data.
Net official development assistance received in Sri Lanka, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 615.95 million current US$ | — |
| 1991 | 738.25 million current US$ | +19.9% |
| 1992 | 510.55 million current US$ | -30.8% |
| 1993 | 544.54 million current US$ | +6.7% |
| 1994 | 512.47 million current US$ | -5.9% |
| 1995 | 471.47 million current US$ | -8.0% |
| 1996 | 347.67 million current US$ | -26.3% |
| 1997 | 253.79 million current US$ | -27.0% |
| 1998 | 321.52 million current US$ | +26.7% |
| 1999 | 181.97 million current US$ | -43.4% |
| 2000 | 222.43 million current US$ | +22.2% |
| 2001 | 265.96 million current US$ | +19.6% |
| 2002 | 249.88 million current US$ | -6.0% |
| 2003 | 525.91 million current US$ | +110.5% |
| 2004 | 408.35 million current US$ | -22.4% |
| 2005 | 1.04 billion current US$ | +154.6% |
| 2006 | 685.01 million current US$ | -34.1% |
| 2007 | 506.52 million current US$ | -26.1% |
| 2008 | 634.50 million current US$ | +25.3% |
| 2009 | 606.48 million current US$ | -4.4% |
| 2010 | 558.59 million current US$ | -7.9% |
| 2011 | 612.64 million current US$ | +9.7% |
| 2012 | 490.89 million current US$ | -19.9% |
| 2013 | 403.17 million current US$ | -17.9% |
| 2014 | 491.63 million current US$ | +21.9% |
| 2015 | 445.01 million current US$ | -9.5% |
| 2016 | 373.48 million current US$ | -16.1% |
| 2017 | 313.56 million current US$ | -16.0% |
| 2018 | -257.97 million current US$ | -182.3% |
Sri Lanka compared with similar countries
- Sri Lanka's -257.97 million current US$ is below the median for upper middle income countries, which is 139.09 million current US$. (59 countries reporting)
- Sri Lanka's -257.97 million current US$ is below the median for South Asia, which is 784.92 million current US$. (6 countries reporting)
Biggest year-on-year movements
Years where Net official development assistance received in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | -182.3% | 313.56 million current US$ | -257.97 million current US$ |
| 2005 | +154.6% | 408.35 million current US$ | 1.04 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 449.82 million current US$ | 181.97 million current US$ | 738.25 million current US$ | 10 |
| 2000s | 514.48 million current US$ | 222.43 million current US$ | 1.04 billion current US$ | 10 |
| 2010s | 381.22 million current US$ | -257.97 million current US$ | 612.64 million current US$ | 9 |
Countries ranked near Sri Lanka
- 165 Malaysia -38.08 million current US$ compare
- 166 South Korea -55.10 million current US$ compare
- 167 Saudi Arabia -131.07 million current US$ compare
- 169 Thailand -423.23 million current US$ compare
- 170 China -737.04 million current US$ compare
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 net official development assistance received in Sri Lanka?
- Net official development assistance received in Sri Lanka was -257.97 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Sri Lanka?
- The highest recorded value was 1.04 billion current US$ in 2005.
- What is the lowest net official development assistance received recorded in Sri Lanka?
- The lowest recorded value was -257.97 million current US$ in 2018.
- How does Sri Lanka rank for net official development assistance received?
- Sri Lanka ranks 168th out of 170 countries with data for 2018.
- Is net official development assistance received rising or falling in Sri Lanka?
- Over the last ten years it is down 140.7%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.