Sri-Lanka - Compte courant

Sri Lanka's current account deficit narrowed to USD 673 million in the second quarter of 2019 from USD 1,022 million in the same period last year, as the goods gap shrank to USD 1,936 million from USD 2,727 million. Meanwhile, the secondary income surplus was unchanged at USD 1,431 million, while the services surplus fell to USD 430 million from USD 719 million a year ago and the primary income deficit increased to USD 597 million from USD 445 million. In the first half of the year, the current account gap narrowed to USD 225 million from USD 1,609 million in the same period of 2018.

Sri Lanka a posted current account surplus of USD 423 million in the first quarter of 2019, swinging from a USD 587 million deficit in the same quarter of the prior year. The goods and services shortfall narrowed sharply to USD 470 million from USD 1,807 million a year earlier while the primary income gap decreased to USD 504 million from USD 547 million. Meanwhile, the secondary income surplus went down to USD 1,397 million from USD 1,767 million.

Sri Lanka's current account gap narrowed to USD 815 million in the fourth quarter of 2018 from USD 1,084 million in the same period of the previous year, as the goods deficit declined to USD 1,470 million from USD 1,875 million while the services surplus widened slightly to USD 919 million from USD 905 million. Meanwhile, the primary income gap increased to USD 868 million from USD 802 million last year, while the secondary income surplus was little-changed at USD 1,523 million. Considering 2018 full year, Sri Lanka's current account gap widened to USD 2.81 billion from USD 2.31 billion in 2017.