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Economy of Sri Lanka vs Uruguay compared: GDP & Debt

Updated on by Georank

Sri Lanka has a GDP of $109B compared to $85.3B for Uruguay, ranking 71/197 and 84/197 by economy size, respectively.

Sri Lanka has $100B in government debt (100.8% of GDP), compared to $56B (65.7% of GDP) in Uruguay.

Sri Lanka vs Uruguay GDP by year

Sri Lanka
Uruguay
1x
Year GDP, current $
Sri Lanka Uruguay
2025 $108,825,231,671 $85,347,696,278
2024 $99,616,111,266 $82,322,859,144
2023 $84,080,307,356 $79,208,725,900
2022 $74,143,020,304 $71,240,669,088
2021 $88,556,699,052 $60,739,061,281
2020 $84,335,574,372 $53,559,354,501
2019 $88,998,706,178 $62,222,324,965
2018 $94,450,015,983 $65,344,577,416
2017 $94,369,350,439 $65,006,039,810
2016 $88,000,210,878 $57,480,787,465
2015 $85,090,300,896 $57,680,327,999
2014 $82,531,125,462 $61,496,186,974
2013 $76,976,204,075 $61,337,621,934
2012 $70,447,216,891 $54,232,266,359
2011 $67,753,285,882 $50,342,406,067
2010 $58,636,049,581 $41,950,361,212
2009 $42,066,224,093 $32,708,319,078
2008 $40,713,826,215 $31,119,602,539
2007 $32,350,238,760 $23,797,773,024
2006 $28,267,410,543 $19,741,420,740
2005 $24,405,791,045 $17,362,857,684
2004 $20,662,525,941 $13,686,329,890
2003 $18,881,765,437 $12,045,638,352
2002 $16,536,535,647 $13,606,515,723
2001 $15,749,753,805 $20,898,761,742
2000 $16,595,882,819 $22,823,270,892
1999 $15,711,933,513 $23,983,945,191
1998 $15,760,736,956 $25,385,886,978
1997 $15,091,913,884 $23,969,739,234
1996 $13,897,738,375 $20,515,458,114
1995 $13,029,697,561 $19,297,663,097
1994 $11,717,604,209 $17,474,588,896
1993 $10,338,679,636 $15,002,136,971
1992 $9,703,011,636 $12,878,148,791
1991 $9,000,362,582 $11,206,176,651
1990 $8,032,551,173 $9,298,807,850
1989 $6,987,267,684 $8,438,951,476
1988 $6,978,371,581 $8,213,538,369
1987 $6,682,167,120 $7,367,494,080
1986 $6,405,210,564 $5,880,112,788
1985 $5,978,460,972 $4,732,017,873
1984 $6,043,474,843 $4,850,238,550
1983 $5,167,913,302 $5,102,276,308
1982 $4,768,765,017 $9,178,780,077
1981 $4,415,844,156 $11,048,301,421
1980 $4,024,621,900 $10,163,020,116
1979 $3,364,611,432 $7,181,182,224
1978 $2,733,183,857 $4,910,254,566
1977 $4,104,509,583 $4,114,670,014
1976 $3,591,319,857 $3,667,161,241
1975 $3,791,298,146 $3,538,278,047
1974 $3,574,586,466 $4,090,209,682
1973 $2,875,625,000 $3,964,296,443
1972 $2,553,936,348 $2,189,418,689
1971 $2,369,308,600 $2,807,258,065
1970 $2,296,470,588 $2,137,096,774
1969 $1,965,546,218 $2,004,435,484
1968 $1,801,344,538 $1,593,674,185
1967 $1,859,465,021 $1,597,713,469
1966 $1,751,470,588 $1,809,185,094
1965 $1,698,319,328 $1,890,767,156
1964 $1,309,747,899 $1,975,701,816
1963 $1,240,672,269 $1,539,681,491
1962 $1,434,156,379 $1,710,004,407
1961 $1,444,327,731 $1,547,388,781
1960 $1,409,873,950 $1,242,289,239

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

GDP per capita in Sri Lanka vs Uruguay by year

Sri Lanka
GDP per capita

GDP per capita, PPP
Uruguay
GDP per capita

GDP per capita, PPP
1x
Year Current $
Sri Lanka Uruguay
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $5,002 - $25,216 -
2024 $4,545 $15,633 $24,308 $36,418
2023 $3,815 $14,456 $23,379 $34,471
2022 $3,343 $14,194 $21,009 $33,001
2021 $3,997 $14,316 $17,882 $29,432
2020 $3,848 $12,941 $15,758 $25,725
2019 $4,082 $14,113 $18,316 $25,783
2018 $4,359 $14,178 $19,250 $24,386
2017 $4,399 $13,610 $19,185 $23,607
2016 $4,149 $13,079 $17,010 $22,841
2015 $4,058 $12,227 $17,126 $22,169
2014 $3,972 $11,721 $18,322 $21,868
2013 $3,739 $11,253 $18,335 $20,661
2012 $3,328 $10,249 $16,260 $19,495
2011 $3,225 $9,076 $15,132 $19,135
2010 $2,808 $8,234 $12,641 $17,873
2009 $2,027 $7,576 $9,881 $16,422
2008 $1,974 $7,317 $9,424 $15,694
2007 $1,579 $6,820 $7,222 $14,397
2006 $1,389 $6,261 $6,001 $13,179
2005 $1,207 $5,679 $5,284 $12,296
2004 $1,029 $5,216 $4,169 $11,103
2003 $946 $4,850 $3,671 $10,303
2002 $835 $4,522 $4,150 $10,030
2001 $804 $4,328 $6,383 $10,719
2000 $860 $4,368 $6,988 $10,929
1999 $829 $4,103 $7,371 $10,938
1998 $848 $3,952 $7,837 $11,002
1997 $827 $3,804 $7,436 $10,461
1996 $776 $3,582 $6,398 $9,524
1995 $742 $3,454 $6,050 $8,906
1994 $678 $3,260 $5,508 $8,897
1993 $607 $3,067 $4,753 $8,162
1992 $580 $2,851 $4,102 $7,808
1991 $546 $2,713 $3,589 $7,112
1990 $491 $2,527 $2,995 $6,683
1989 $430 - $2,734 -
1988 $434 - $2,677 -
1987 $420 - $2,416 -
1986 $407 - $1,939 -
1985 $385 - $1,568 -
1984 $391 - $1,615 -
1983 $336 - $1,707 -
1982 $312 - $3,085 -
1981 $292.5 - $3,728 -
1980 $271.1 - $3,443 -
1979 $230.8 - $2,443 -
1978 $191 - $1,678 -
1977 $292.1 - $1,414 -
1976 $260.3 - $1,268 -
1975 $279.8 - $1,232 -
1974 $268.7 - $1,433 -
1973 $220.2 - $1,397 -
1972 $199.4 - $776 -
1971 $188.8 - $1,000 -
1970 $186.9 - $766 -
1969 $163.6 - $723 -
1968 $153.5 - $579 -
1967 $162.3 - $585 -
1966 $156.6 - $668 -
1965 $155.6 - $705 -
1964 $122.9 - $745 -
1963 $119.4 - $587 -
1962 $141.4 - $659 -
1961 $145.9 - $604 -
1960 $145.9 - $491 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

Sri Lanka's GDP per capita is $5,002, ranking 124/197, compared to $25,216 in Uruguay, ranking 54/197. Adjusted for purchasing power (GDP per capita PPP), Sri Lanka ranks 111th at $15,633, while Uruguay ranks 61st at $36,418.

Economic indicators

Sri Lanka Uruguay
Gross domestic product
$109B
2025
$85.3B
2025
GDP rank
71/197
2025
84/197
2025
GDP growth
4.95%
2024-2025
1.78%
2024-2025
GDP per capita
$5,002
2025
$25,216
2025
GDP per capita rank
124/197
2025
54/197
2025
GDP per capita, PPP
$15,633
2024
$36,418
2024
GDP per capita PPP rank
111/197
2024
61/197
2024
Government debt
$100B
2024
$56B
2025
Debt-to-GDP ratio
100.8%
2024
65.7%
2025
Government debt per person
$4,584
2024
$16,559
2025
Government debt per person rank
90/185
2024
41/185
2025
Average annual personal income after taxes
$2,830
2026
$14,046
2026
Market capitalization of domestic companies
$26.1B
2025
$284M
1996
Income share by richest 10%
30.8%
2019
30%
2024
Income share by poorest 10%
3.1%
2019
2.2%
2024
Government expenditure, % of GDP
19.1%
2024
31.5%
2025
Consumer prices inflation
-4.76%
2024-2025
4.65%
2024-2025
Central bank interest rate
7.75%
2025
5.75%
2026
Unemployment rate
4.32%
2024
8.21%
2024
Population
21926160
3382672

Spending and national debt comparison by year

Sri Lanka
Spending

Debt
Uruguay
Spending

Debt
1x
Year % of GDP
Sri Lanka Uruguay
Government spending Government debt Government spending Government debt
2025 - - 31.5% 65.7%
2024 19.1% 100.8% 30.6% 67.6%
2023 19.5% 110.4% 30.1% 63%
2022 18.6% 115.9% 29.7% 59.4%
2021 20% 102.7% 30.2% 64.1%
2020 22.1% 96.9% 32.8% 68.2%
2019 19.5% 82.6% 30.6% 59.6%
2018 17.5% 83.6% 30.3% 57.9%
2017 17.9% 72.3% 29.7% 55.8%
2016 18.2% 75% 29.7% 56.4%
2015 19.3% 76.3% 28.4% 57.8%
2014 17.2% 69.6% 29.1% 51.1%
2013 16.6% 69.5% 28.8% 50%
2012 17.3% 67.5% 27.7% 49.8%
2011 19.1% 69.4% 26.3% 41.3%
2010 19.3% 68.7% 27.4% 40.9%
2009 21% 72.8% 27.2% 46.2%
2008 19.1% 68.8% 26.3% 46.2%
2007 19.9% 71.8% 26.8% 52.8%
2006 20.5% 74.3% 26.8% 61.1%
2005 20.1% 76.6% 26.3% 66.2%
2004 19.3% 86.5% 26.6% 73.7%
2003 19.3% 86.5% 27.7% 91.9%
2002 20.8% 96.3% 27.6% 90.1%
2001 22.4% 84.4% 27.8% 39.4%
2000 21.7% 79.2% 26.6% 30.5%
1999 20.5% 77.7% 27.2% 24.1%
1998 21.4% 74.2% 27.3% 19.4%
1997 21.4% 70.1% 27.6% 18.8%
1996 23.1% 76.2% 26.5% 18.3%
1995 24.8% 77.8% 26.2% 18.5%
1994 24.1% 77.9% 29.5% 19.3%
1993 23.2% 79.2% 27.7% 20%
1992 23% 77.9% 23.6% 22.2%
1991 26.4% 80.5% 22.2% 20.4%
1990 25.4% 78.9% 21.1% 26.2%
1989 - - 37% -
1988 - - 26% 34.8%
1987 - - 24.4% 37.3%
1986 - - 25.1% 34.6%
1985 - - 24.6% 29%
1984 - - 25.6% 39.5%
1983 - - 26.5% 21.2%
1982 - - 29.5% 13.5%
1981 - - 25% 4.32%
1980 - - 21.8% 4.59%
1979 - - 20.2% 3.98%
1978 - - 22.9% 5.64%
1977 - - 23.5% 7.26%
1976 - - 24.2% 8.67%
1975 - - 23% 8.13%
1974 - - 23.8% 7.61%
1973 - - 22.6% 7%
1972 - - 24.6% 9.12%
1971 - - 20.1% 9.3%
1970 - - 15.1% 6.11%
1969 - - 14.6% -
1968 - - 14.1% -
1967 - - 14.7% -
1966 - - 14.1% -
1965 - - 15.6% -
1964 - - 14.3% -
1963 - - 14.6% -
1962 - - 16% -
1961 - - 13% -
1960 - - 9.9% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1998, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

In 2025, Sri Lanka's government spending was $19B, accounting for 19.1% of its GDP, while Uruguay spent $26.9B, or 31.5% of GDP.

Debt-to-GDP ratio is 100.8% in Sri Lanka and 65.7% in Uruguay, ranking 24/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Sri Lanka

Uruguay
1x
Year Deficit/surplus, % of GDP
Sri Lanka Uruguay
2025 - -3.36%
2024 -5.43% -3.16%
2023 -8.32% -3.09%
2022 -10.2% -2.5%
2021 -11.7% -2.61%
2020 -13.4% -4.64%
2019 -7.52% -2.71%
2018 -4.96% -1.89%
2017 -5.1% -2.51%
2016 -5% -2.68%
2015 -6.64% -1.86%
2014 -5.99% -2.6%
2013 -5% -1.72%
2012 -5.44% -2.17%
2011 -6.01% -0.33%
2010 -6.73% -0.39%
2009 -8.33% -1.39%
2008 -5.93% -1.31%
2007 -5.81% -0.16%
2006 -5.91% -0.64%
2005 -5.93% -0.28%
2004 -6.32% -0.87%
2003 -6.15% -2.19%
2002 -6.9% -3.19%
2001 -8.48% -2.85%
2000 -7.78% -2.76%
1999 -5.58% -2.76%
1998 -6.79% -0.76%
1997 -5.71% -0.97%
1996 -6.89% -1.32%
1995 -7.11% -1.08%
1994 -7.41% -2.37%
1993 -5.77% -0.47%
1992 -4.95% 0.6%
1991 -7.97% 0.88%
1990 -6.39% 0.49%
1989 - -13.1%
1988 - -1.47%
1987 - -0.66%
1986 - -0.34%
1985 - -1.88%
1984 - -4.94%
1983 - -3.54%
1982 - -8.22%
1981 - -1.15%
1980 - 0.43%
1979 - 0.99%
1978 - -0.47%
1977 - -0.69%
1976 - -2.01%
1975 - -4.38%
1974 - -3.74%
1973 - -1.09%
1972 - -2.25%
1971 - -5.86%
1970 - -1.33%
1969 - -2.37%
1968 - -2.93%
1967 - -4.12%
1966 - -2.01%
1965 - -5.14%
1964 - -3.61%
1963 - -4.4%
1962 - -5.02%
1961 - -0.86%
1960 - 0.79%
1959 - 0.64%
1958 - -1.38%
1957 - -0.72%
1956 - 0.04%
1955 - -1.24%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

In 2024, Sri Lanka's government deficit, the difference between spending and revenue, was $5.4B, equivalent to 5.43% of GDP. This compares to Uruguay's deficit of $2.6B, or 3.16% of GDP.

Over the past 35 years, Sri Lanka recorded a fiscal deficit in 35 of those years, while Uruguay ran a deficit in 32 years. On average, Sri Lanka posted an annual deficit equal to 6.84% of GDP, compared to deficit of 1.66% of GDP for Uruguay.

Inflation comparison by year

Inflation
Sri Lanka

Uruguay
1x
Year Consumer prices inflation
Sri Lanka Uruguay
2025 -4.76% 4.65%
2024 -0.43% 4.85%
2023 16.5% 5.87%
2022 49.7% 9.1%
2021 7.01% 7.75%
2020 6.15% 9.76%
2019 3.53% 7.88%
2018 2.14% 7.61%
2017 7.7% 6.22%
2016 3.96% 9.64%
2015 3.77% 8.67%
2014 3.18% 8.88%
2013 6.91% 8.58%
2012 7.54% 8.1%
2011 6.72% 8.09%
2010 6.22% 6.7%
2009 3.46% 7.06%
2008 22.6% 7.88%
2007 15.8% 8.11%
2006 10% 6.4%
2005 11.6% 4.7%
2004 7.58% 9.16%
2003 6.31% 19.4%
2002 9.55% 14%
2001 14.2% 4.36%
2000 6.18% 4.76%
1999 4.69% 5.66%
1998 9.36% 10.8%
1997 9.57% 19.8%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

Over the past 29 years, Sri Lanka has recorded an average annual inflation rate of 8.86%, compared with 8.43% in Uruguay. In 2025, inflation was -4.76% in Sri Lanka and 4.65% in Uruguay.

Top exports between countries

Sri Lanka
Export category Export value
Raw materials & minerals $2M
Raw agricultural goods $908K
Textiles & consumer goods $757K
Processed food, beverages & tobacco $421K
Chemicals & pharma $52K
Machinery & equipment $39K
Uruguay
Export category Export value
Chemicals & pharma $414K
Processed food, beverages & tobacco $190K
Animal & marine products $89K

Balance of trade

Sri Lanka Uruguay
Current account balance
$1.21B
2024
-$374M
2025
Current account balance ranking
49/190
2024
100/190
2025
Current account balance, % of GDP
+1.21%
2024
-0.44%
2025
Goods imports
$18.8B
2024
$13.6B
2025
Goods exports
$12.8B
2024
$16.1B
2025
Service imports
$3.48B
2024
$5.96B
2025
Service exports
$6.91B
2024
$7.39B
2025
Imports of goods and services, % of GDP
22.8%
2025
22.6%
2025
Exports of goods and services, % of GDP
19%
2025
27.1%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Sri Lanka Uruguay
Economic freedom 50.3 69.8
Economic freedom ranking 162/197 39/197
Property rights 47.3 87.4
Government integrity 37.3 79
Judicial effectiveness 47.2 80.9
Tax burden 77 73.3
Government spending 89 72
Fiscal health 0 76.6
Business freedom 60.1 83.8
Labor freedom 54.3 61.7
Monetary freedom 65.9 70.2
Trade freedom 65.6 73.2
Investment freedom 30 50
Financial freedom 30 30

Economic freedom comparison by year

Sri Lanka
Uruguay
1x
Year Economic freedom index
Sri Lanka Uruguay
2026 50.3 69.8
2025 49.4 70.2
2024 49.2 69.8
2023 52.2 70.2
2022 53.3 70
2021 55.7 69.3
2020 57.4 69.1
2019 56.4 68.6
2018 57.8 69.2
2017 57.4 69.7
2016 59.9 68.8
2015 58.6 68.6
2014 60 69.3
2013 60.7 69.7
2012 58.3 69.9
2011 57.1 70
2010 54.6 69.8
2009 56 69.1
2008 58.4 67.9
2007 59.4 68.4
2006 58.7 65.3
2005 61 66.9
2004 61.6 66.7
2003 62.5 69.8
2002 64 68.7
2001 66 70.7
2000 63.2 69.3
1999 64 68.5
1998 64.6 68.6
1997 65.5 67.5
1996 62.5 63.7
1995 60.6 62.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

The Economic Freedom Index for Sri Lanka is 50.3, ranking 162/197, compared to 69.8 for Uruguay, ranking 39/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Sri Lanka Uruguay
Services, % of GDP
54.6%
2025
65.2%
2025
Industry, % of GDP
25.4%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
8.36%
2025
6.38%
2025
GNI, Atlas method
$102B
2025
$81.3B
2025
GNI per capita, PPP
$16,750
2025
$36,330
2025
Total reserves including gold
$6.09B
2024
$19B
2025
Total reserves ranking
96/177
2024
67/177
2025
Net foreign direct investment
-$651M
2024
-$457M
2025
Net inflows of foreign direct investment
$761M
2024
-$3.94B
2024
Net outflows of foreign direct investment
$110M
2024
-$1.37B
2024
Servicing debt to the IMF, % of GNI
4.96%
2024
n/a
Poverty at national poverty lines
14.3%
2019
17.3%
2024
Gross capital formation, % of GDP
29.6%
2025
16.2%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/sri-lanka/uruguay | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1955–1998, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.