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Economy of Sri Lanka vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Sri Lanka has a GDP of $99B compared to $115B for Uzbekistan, ranking 72/197 and 66/197 by economy size, respectively.

Sri Lanka has $99.8B in government debt (100.8% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Sri Lanka vs Uzbekistan GDP by year

Sri Lanka
Uzbekistan
1x
Year GDP, current $
Sri Lanka Uzbekistan
2024 $98,963,185,510 $114,965,293,467
2023 $83,716,142,582 $102,641,879,249
2022 $74,143,020,263 $90,095,926,567
2021 $88,556,698,938 $77,340,060,003
2020 $84,335,574,582 $66,443,265,418
2019 $88,998,706,297 $67,293,639,798
2018 $94,450,015,983 $58,695,899,092
2017 $94,369,350,286 $69,703,222,283
2016 $88,000,211,172 $86,138,288,644
2015 $85,090,301,052 $86,196,264,755
2014 $82,531,125,191 $80,845,385,809
2013 $76,976,203,829 $73,180,037,915
2012 $70,447,217,164 $67,517,349,212
2011 $67,753,285,897 $60,178,909,297
2010 $58,636,049,434 $49,765,676,402
2009 $42,066,224,093 $33,689,223,673
2008 $40,713,826,215 $29,549,438,884
2007 $32,350,238,760 $22,311,393,928
2006 $28,267,410,543 $17,330,833,853
2005 $24,405,791,045 $14,307,509,839
2004 $20,662,525,941 $12,030,023,548
2003 $18,881,765,437 $10,134,453,435
2002 $16,536,535,647 $9,687,788,513
2001 $15,749,753,805 $11,401,421,329
2000 $16,595,882,819 $13,760,513,969
1999 $15,711,933,513 $17,078,465,982
1998 $15,760,736,956 $14,988,971,211
1997 $15,091,913,884 $14,744,603,774
1996 $13,897,738,375 $13,948,892,216
1995 $13,029,697,561 $13,350,461,265
1994 $11,717,604,209 $12,899,074,922
1993 $10,338,679,636 $13,099,920,056
1992 $9,703,011,636 $12,953,801,760
1991 $9,000,362,582 $13,800,167,712
1990 $8,032,551,173 $13,362,340,338
1989 $6,987,267,684 $11,948,815,258
1988 $6,978,371,581 $10,722,799,639
1987 $6,682,167,120 $8,523,160,593
1986 $6,405,210,564 -
1985 $5,978,460,972 -
1984 $6,043,474,843 -
1983 $5,167,913,302 -
1982 $4,768,765,017 -
1981 $4,415,844,156 -
1980 $4,024,621,900 -
1979 $3,364,611,432 -
1978 $2,733,183,857 -
1977 $4,104,509,583 -
1976 $3,591,319,857 -
1975 $3,791,298,146 -
1974 $3,574,586,466 -
1973 $2,875,625,000 -
1972 $2,553,936,348 -
1971 $2,369,308,600 -
1970 $2,296,470,588 -
1969 $1,965,546,218 -
1968 $1,801,344,538 -
1967 $1,859,465,021 -
1966 $1,751,470,588 -
1965 $1,698,319,328 -
1964 $1,309,747,899 -
1963 $1,240,672,269 -
1962 $1,434,156,379 -
1961 $1,444,327,731 -
1960 $1,409,873,950 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Sri Lanka vs Uzbekistan by year

Sri Lanka
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Sri Lanka Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $4,516 $15,633 $3,162 $11,879
2023 $3,799 $14,456 $2,879 $11,107
2022 $3,343 $14,194 $2,579 $10,293
2021 $3,997 $14,316 $2,259 $9,248
2020 $3,848 $12,941 $1,978 $8,452
2019 $4,082 $14,113 $2,041 $8,544
2018 $4,359 $14,178 $1,813 $8,129
2017 $4,399 $13,610 $2,191 $7,818
2016 $4,149 $13,079 $2,753 $6,919
2015 $4,058 $12,227 $2,803 $6,800
2014 $3,972 $11,721 $2,675 $6,610
2013 $3,739 $11,253 $2,462 $6,413
2012 $3,328 $10,249 $2,307 $6,168
2011 $3,225 $9,076 $2,088 $5,949
2010 $2,808 $8,234 $1,753 $5,505
2009 $2,027 $7,576 $1,206 $5,135
2008 $1,974 $7,317 $1,075 $4,800
2007 $1,579 $6,820 $824 $4,386
2006 $1,389 $6,261 $649 $3,956
2005 $1,207 $5,679 $543 $3,618
2004 $1,029 $5,216 $462 $3,321
2003 $946 $4,850 $394 $3,047
2002 $835 $4,522 $381 $2,902
2001 $804 $4,328 $454 $2,782
2000 $860 $4,368 $555 $2,644
1999 $829 $4,103 $698 $2,522
1998 $848 $3,952 $621 $2,418
1997 $827 $3,804 $621 $2,329
1996 $776 $3,582 $597 $2,214
1995 $742 $3,454 $583 $2,178
1994 $678 $3,260 $574 $2,197
1993 $607 $3,067 $596 $2,318
1992 $580 $2,851 $603 $2,371
1991 $546 $2,713 $658 $2,676
1990 $491 $2,527 $653 $2,665
1989 $430 - $598 -
1988 $434 - $551 -
1987 $420 - $450 -
1986 $407 - - -
1985 $385 - - -
1984 $391 - - -
1983 $336 - - -
1982 $312 - - -
1981 $292.5 - - -
1980 $271.1 - - -
1979 $230.8 - - -
1978 $191 - - -
1977 $292.1 - - -
1976 $260.3 - - -
1975 $279.8 - - -
1974 $268.7 - - -
1973 $220.2 - - -
1972 $199.4 - - -
1971 $188.8 - - -
1970 $186.9 - - -
1969 $163.6 - - -
1968 $153.5 - - -
1967 $162.3 - - -
1966 $156.6 - - -
1965 $155.6 - - -
1964 $122.9 - - -
1963 $119.4 - - -
1962 $141.4 - - -
1961 $145.9 - - -
1960 $145.9 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Sri Lanka's GDP per capita is $4,516, ranking 124/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Sri Lanka ranks 111th at $15,633, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Sri Lanka Uzbekistan
Gross domestic product
$99B
2024
$115B
2024
GDP rank
72/197
2024
66/197
2024
GDP growth
5.01%
2023-2024
6.5%
2023-2024
GDP per capita
$4,516
2024
$3,162
2024
GDP per capita rank
124/197
2024
139/197
2024
GDP per capita, PPP
$15,633
2024
$11,879
2024
GDP per capita PPP rank
111/197
2024
125/197
2024
Government debt
$99.8B
2024
$37.5B
2024
Debt-to-GDP ratio
100.8%
2024
32.7%
2024
Government debt per person
$4,554
2024
$1,032
2024
Government debt per person rank
85/185
2024
141/185
2024
Average annual personal income after taxes
$2,874
2026
$3,658
2026
Market capitalization of domestic companies
$19.5B
2024
$18.8B
2024
Income share by richest 10%
30.8%
2019
25.7%
2024
Income share by poorest 10%
3.1%
2019
2.3%
2024
Government expenditure, % of GDP
19.3%
2024
27.6%
2024
Consumer prices inflation
-0.43%
2023-2024
9.6%
2023-2024
Central bank interest rate
7.75%
2025
14%
2025
Unemployment rate
4.67%
2023
5.29%
2020
Population
22185425
37939105

Spending and national debt comparison by year

Sri Lanka
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Sri Lanka Uzbekistan
Government spending Government debt Government spending Government debt
2024 19.3% 100.8% 27.6% 32.7%
2023 19.5% 110.4% 29.9% 32.2%
2022 18.6% 115.9% 31.3% 30.5%
2021 20% 102.7% 27.4% 31.7%
2020 22.1% 96.9% 26% 33.7%
2019 19.5% 82.6% 24.4% 25.4%
2018 17.5% 83.6% 22.2% 17.5%
2017 17.9% 72.3% 19.9% 17.3%
2016 18.2% 75% 23.3% 8.19%
2015 19.3% 76.3% 24.6% 6.72%
2014 17.2% 69.6% 24.9% 6.09%
2013 16.6% 69.5% 25.2% 6.23%
2012 17.3% 67.5% 23.9% 6.76%
2011 19.1% 69.4% 23.7% 6.33%
2010 19.3% 68.7% 26.4% 6.61%
2009 21% 72.8% 27.5% 7.3%
2008 19.1% 68.8% 26.5% 8.33%
2007 19.9% 71.8% 24.8% 9.56%
2006 20.5% 74.3% 24.7% 13.5%
2005 20.1% 76.6% 28.1% 21%
2004 19.3% 86.5% 29.4% 26.9%
2003 19.3% 86.5% 31.5% 31.4%
2002 20.8% 96.3% 34.6% 41.6%
2001 22.4% 84.4% 30.6% 44.8%
2000 21.7% 79.2% 32.9% 29.5%
1999 20.5% 77.7% 33.6% 18.4%
1998 21.4% 74.2% 35.1% 18%
1997 21.4% 70.1% 31.8% 15.3%
1996 23.1% 76.2% 35.1% -
1995 24.8% 77.8% 29.4% -
1994 24.1% 77.9% 27.1% -
1993 23.2% 79.2% 39.6% -
1992 23% 77.9% 18% -
1991 26.4% 80.5% - -
1990 25.4% 78.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Sri Lanka's government spending was $19.1B, accounting for 19.3% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 100.8% in Sri Lanka and 32.7% in Uzbekistan, ranking 23/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Sri Lanka

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Sri Lanka Uzbekistan
2024 -5.64% -2.37%
2023 -8.32% -4.03%
2022 -10.2% -3.65%
2021 -11.7% -4.1%
2020 -13.4% -2.95%
2019 -7.52% -0.3%
2018 -4.96% 1.64%
2017 -5.1% 1.04%
2016 -5% 0.7%
2015 -6.64% -0.28%
2014 -5.99% 1.9%
2013 -5% 2.15%
2012 -5.44% 5.89%
2011 -6.01% 5.11%
2010 -6.73% 2.56%
2009 -8.33% 1.82%
2008 -5.93% 5.97%
2007 -5.81% 3.55%
2006 -5.91% 2.72%
2005 -5.93% -3.52%
2004 -6.32% -3.74%
2003 -6.15% -4.87%
2002 -6.9% -6.31%
2001 -8.48% -3.28%
2000 -7.78% -3.66%
1999 -5.58% -2.91%
1998 -6.79% -3.04%
1997 -5.71% -2.05%
1996 -6.89% -1.57%
1995 -7.11% -1.77%
1994 -7.41% -4.47%
1993 -5.77% -12%
1992 -4.95% 7.15%
1991 -7.97% -
1990 -6.39% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Sri Lanka's government deficit, the difference between spending and revenue, was $5.58B, equivalent to 5.64% of GDP. This compares to Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Sri Lanka recorded a fiscal deficit in 33 of those years, while Uzbekistan ran a deficit in 20 years. On average, Sri Lanka posted an annual deficit equal to 6.83% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Sri Lanka

Uzbekistan
1x
Year Consumer prices inflation
Sri Lanka Uzbekistan
2024 -0.43% 9.6%
2023 16.5% 10%
2022 49.7% 11.4%
2021 7.01% 10.8%
2020 6.15% 12.9%
2019 3.53% 14.5%
2018 2.14% 17.5%
2017 7.7% 13.9%
2016 3.96% 8.8%
2015 3.77% 8.5%
2014 3.18% 9.1%
2013 6.91% 11.7%
2012 7.54% 11.9%
2011 6.72% 12.4%
2010 6.22% 12.3%
2009 3.46% 12.3%
2008 22.6% 13.1%
2007 15.8% 11.2%
2006 10% 13.1%
2005 11.6% 10.7%
2004 7.58% 7.3%
2003 6.31% 12.5%
2002 9.55% 27.3%
2001 14.2% 27.3%
2000 6.18% 25%
1999 4.69% 29.1%
1998 9.36% 29%
1997 9.57% 70.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Sri Lanka has recorded an average annual inflation rate of 9.34%, compared with 16.6% in Uzbekistan. In 2024, inflation was -0.43% in Sri Lanka and 9.6% in Uzbekistan.

Top exports between countries

Sri Lanka
Export category Export value
Raw agricultural goods $4.31M
Textiles & consumer goods $1.65M
Raw materials & minerals $122K
Wood & paper products $97K
Processed food, beverages & tobacco $82K
Machinery & equipment $19K
Animal & marine products $15K
Uzbekistan
Export category Export value
Machinery & equipment $310K
Raw materials & minerals $57K
Processed food, beverages & tobacco $22K

Balance of trade

Sri Lanka Uzbekistan
Current account balance
$1.21B
2024
-$5.71B
2024
Current account balance ranking
53/190
2024
169/190
2024
Current account balance, % of GDP
+1.22%
2024
-4.97%
2024
Goods imports
$18.8B
2024
$33.2B
2024
Goods exports
$12.8B
2024
$19.6B
2024
Service imports
$3.48B
2024
$10.5B
2024
Service exports
$6.91B
2024
$6.55B
2024
Imports of goods and services, % of GDP
22.5%
2024
38%
2024
Exports of goods and services, % of GDP
19.9%
2024
22.8%
2024

Economic freedom indices

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

Sri Lanka Uzbekistan
Economic freedom 50.3 60.3
Economic freedom ranking 162/197 94/197
Property rights 47.3 43.1
Government integrity 37.3 32
Judicial effectiveness 47.2 13.7
Tax burden 77 95
Government spending 89 73.7
Fiscal health 0 79.9
Business freedom 60.1 62.5
Labor freedom 54.3 48.4
Monetary freedom 65.9 65.1
Trade freedom 65.6 80.6
Investment freedom 30 70
Financial freedom 30 60

Economic freedom comparison by year

Sri Lanka
Uzbekistan
1x
Year Economic freedom index
Sri Lanka Uzbekistan
2026 50.3 60.3
2025 49.4 58
2024 49.2 55.9
2023 52.2 56.5
2022 53.3 55.7
2021 55.7 58.3
2020 57.4 57.2
2019 56.4 53.3
2018 57.8 51.5
2017 57.4 52.3
2016 59.9 46
2015 58.6 47
2014 60 46.5
2013 60.7 46
2012 58.3 45.8
2011 57.1 45.8
2010 54.6 47.5
2009 56 50.5
2008 58.4 51.9
2007 59.4 51.5
2006 58.7 48.7
2005 61 45.8
2004 61.6 39.1
2003 62.5 38.3
2002 64 38.5
2001 66 38.2
2000 63.2 38.1
1999 64 33.8
1998 64.6 31.5
1997 65.5 -
1996 62.5 -
1995 60.6 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Sri Lanka is 50.3, ranking 162/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Sri Lanka Uzbekistan
Services, % of GDP
57.5%
2024
45.2%
2024
Industry, % of GDP
25.5%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
8.3%
2024
18.3%
2024
GNI, Atlas method
$84.6B
2024
$110B
2024
GNI per capita, PPP
$15,240
2024
$12,000
2024
Total reserves including gold
$6.09B
2024
$41.2B
2024
Total reserves ranking
92/177
2024
50/177
2024
Net foreign direct investment
-$651M
2024
-$2.81B
2024
Net inflows of foreign direct investment
$761M
2024
$2.99B
2024
Net outflows of foreign direct investment
$110M
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
4.98%
2024
9.88%
2024
Poverty at national poverty lines
14.3%
2019
8.9%
2024
Gross capital formation, % of GDP
27%
2024
33.3%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

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.