Sri Lanka posted a current account surplus of USD 240 million in the third quarter of 2020, compared with a USD 575 million deficit in the same three-month period last year. The secondary income surplus widened to USD 1,829 million from USD 1,409 million a year ago, while the goods deficit shrank to USD 1,075 million from USD 2,015 million. Meanwhile, the services surplus fell to USD 97 million from USD 601 million, and the primary income gap increased to USD 610 million from USD 570 million. source: Central Bank of Sri Lanka
Current Account in Sri Lanka averaged -433.17 USD Million from 2001 until 2020, reaching an all time high of 450.16 USD Million in the first quarter of 2019 and a record low of -1695.29 USD Million in the fourth quarter of 2011. This page provides the latest reported value for - Sri Lanka Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Current Account in Sri Lanka is expected to be -780.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Sri Lanka to stand at -750.00 in 12 months time. In the long-term, the Sri Lanka Current Account is projected to trend around -750.00 USD Million in 2022, according to our econometric models.