household debts in Sri Lanka

Gross debt in Sri Lanka

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Sri Lanka in the period from 1998 to 2020 was between 12.1 billion and 86.4 billion USD. The highest level of the last years at 86 billion US Dollar was reached in 2020.

Based on the number of inhabitants, this is a debt of 3,942 USD per person. For comparison, the average debt per person in the same year in the European Union was 30,783 USD.

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Gross debt of the last 22 years in billion USD

YearSri Lanka totalSri Lanka per capitaEU per capita
199812.12 bn USD653 USD14,079 USD
199912.57 bn USD674 USD14,032 USD
200013.37 bn USD712 USD11,232 USD
200113.73 bn USD726 USD11,255 USD
200216.46 bn USD864 USD12,258 USD
200316.87 bn USD878 USD15,286 USD
200418.47 bn USD953 USD17,595 USD
200519.32 bn USD989 USD18,327 USD
200621.72 bn USD1,103 USD18,877 USD
200724.03 bn USD1,211 USD20,898 USD
200828.95 bn USD1,449 USD24,086 USD
200931.63 bn USD1,572 USD25,361 USD
201040.60 bn USD2,004 USD26,496 USD
201146.43 bn USD2,276 USD29,231 USD
201247.64 bn USD2,332 USD28,174 USD
201353.34 bn USD2,591 USD29,981 USD
201457.31 bn USD2,758 USD30,648 USD
201566.82 bn USD3,187 USD25,918 USD
201669.54 bn USD3,280 USD26,261 USD
201773.52 bn USD3,429 USD27,024 USD
201879.57 bn USD3,672 USD28,448 USD
201977.27 bn USD3,544 USD27,168 USD
202086.40 bn USD3,942 USD30,783 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Sri Lanka       European Union

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