Insurance & Financial Services Trade Statistics in Sri Lanka (2026)
As of 2024, insurance and financial services exports in Sri Lanka was 1.1% of service exports, per World Bank World Development Indicators data. Down from 1.8% in 2023 to 1.1% in 2024 (−0.7 percentage points). Sri Lanka ranks #4 of 5 economies in South Asia on this measure, and #133 of 176 globally.
Key Statistics
- Latest value (2024)
- 1.1% (2024)
- Insurance & Financial Services Trade in Sri Lanka as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.7 pp (2024)
- Down from 1.8% in 2023 to 1.1% in 2024 (−0.7 percentage points).
- Earliest value in this dataset (1990)
- 4.1% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 4.1% in 1990 to 1.1% in 2024.
- Peak value (2001)
- 31.2% (2001)
- Highest value in the available series; the 2024 value is 1.1%.
- Rank in South Asia
- #4 of 5 (2024)
- Sri Lanka ranks 4 of 5 countries in South Asia with data, based on each country's latest value.
- Global rank
- #133 of 176 (2024)
- Sri Lanka ranks 133 of 176 countries with data globally.
- South Asia average
- 3.2% (2024)
- Sri Lanka (1.1%) is below the average of 3.2% across the 5 countries in South Asia with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 3.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Sri Lanka (2024)
- 54.6% (2024)
- 54.6% of the population in Sri Lanka used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 21.9 million (2024)
- Sri Lanka had a population of 21.9 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 1.1% | −0.7 pp |
| 2023 | 1.8% | −1.8 pp |
| 2022 | 3.6% | −1.0 pp |
| 2021 | 4.7% | +0.2 pp |
| 2020 | 4.4% | −0.2 pp |
| 2019 | 4.7% | +0.2 pp |
| 2018 | 4.4% | −0.6 pp |
| 2017 | 5% | −0.2 pp |
| 2016 | 5.2% | −0.6 pp |
| 2015 | 5.8% | −0.8 pp |
| 2014 | 6.6% | −0.7 pp |
| 2013 | 7.4% | −1.6 pp |
| 2012 | 8.9% | +6.0 pp |
| 2011 | 2.9% | −0.3 pp |
| 2010 | 3.2% | −0.7 pp |
| 2009 | 3.9% | +0.5 pp |
| 2008 | 3.4% | +0.3 pp |
| 2007 | 3.1% | −0.4 pp |
| 2006 | 3.5% | −1.2 pp |
| 2005 | 4.7% | +1.4 pp |
| 2004 | 3.3% | −0.1 pp |
| 2003 | 3.4% | −0.2 pp |
| 2002 | 3.6% | −27.6 pp |
| 2001 | 31.2% | +26.9 pp |
| 2000 | 4.3% | +0.5 pp |
| 1999 | 3.8% | +0.1 pp |
| 1998 | 3.7% | +0.3 pp |
| 1997 | 3.4% | −0.2 pp |
| 1996 | 3.6% | +0.3 pp |
| 1995 | 3.3% | +0.6 pp |
| 1994 | 2.7% | −0.0 pp |
| 1993 | 2.7% | −2.0 pp |
| 1992 | 4.7% | −0.7 pp |
| 1991 | 5.4% | +1.3 pp |
| 1990 | 4.1% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in Sri Lanka?
Insurance and financial services exports in Sri Lanka stood at 1.1% of service exports in 2024, according to World Bank World Development Indicators data.
How has insurance & financial services trade in Sri Lanka changed over time?
World Bank World Development Indicators data show a decline from 4.1% in 1990 to 1.1% in 2024.
How does Sri Lanka compare with other countries in South Asia?
Sri Lanka ranks 4 of 5 countries in South Asia with data, with 1.1% versus a regional average of 3.2% (latest values per country).
Where does Sri Lanka rank globally on insurance & financial services trade?
Sri Lanka ranks 133 of 176 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .