Sri Lanka Motor Vehicles Sales Growth

2006 - 2019 | Yearly | % | CEIC Data

Key information about Sri Lanka Motor Vehicles Sales Growth

  • Sri Lanka Motor Vehicles Sales dropped 27.0 % in Dec 2019, compared with a decrease of 13.5 % in the previous year.
  • Sri Lanka Motor Vehicles Sales Growth rate is updated yearly, available from Dec 2006 to Dec 2019, with an average growth rate of 7.3 %.
  • The data reached an all-time high of 166.7 % in Dec 2011 and a record low of -56.7 % in Dec 2017.
  • Car Sales of Sri Lanka recorded 9,545.0 units in Dec 2019.

CEIC calculates annual Motor Vehicles Sales Growth from semiannual Motor Vehicles Sales. The International Organization of Motor Vehicle Manufacturers provides year-to-date Motor Vehicles Sales.

View Sri Lanka's Motor Vehicles Sales Growth from 2006 to 2019 in the chart:

Sri Lanka Motor Vehicles Sales Growth

What was Sri Lanka's Motor Vehicles Sales Growth in 2019?

Sri Lanka Motor Vehicles Sales dropped 27.0 % in Dec 2019, compared with a decrease of 13.5 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-27.0 2019 -13.5 2018 -56.7 2017 166.7 2011 % yearly 2006 - 2019

Motor Vehicles Sales Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 10.3 Feb 2024 monthly Jan 1997 - Feb 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) 12.7 Mar 2024 monthly Jan 1995 - Mar 2024
Austria (%) -20.1 2022 yearly 2006 - 2022
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -6.9 2022 yearly 2006 - 2022
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) -5.6 Mar 2024 monthly Jan 2003 - Mar 2024
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 8.8 2022 yearly 2006 - 2022
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 13.1 Jan 2024 monthly Jan 1947 - Jan 2024
Chile (%) -14.0 Feb 2024 monthly Jan 2010 - Feb 2024
China (%) -19.9 Feb 2024 monthly Jan 2001 - Feb 2024
Colombia (%) -28.7 Jan 2024 monthly Jan 2004 - Jan 2024
Croatia (%) -5.5 2022 yearly 2006 - 2022
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) -18.4 2022 yearly 2006 - 2022
Ecuador (%) 14.9 2022 yearly 2006 - 2022
Egypt (%) -37.0 2022 yearly 2006 - 2022
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) -16.2 2022 yearly 2006 - 2022
France (%) -9.9 2022 yearly 2006 - 2022
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.3 2022 yearly 2006 - 2022
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 3.1 2022 yearly 2006 - 2022
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) -9.9 2022 yearly 2006 - 2022
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -18.8 Feb 2024 monthly Jan 1990 - Feb 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) -3.5 2022 yearly 2006 - 2022
Israel (%) -7.5 2022 yearly 2006 - 2022
Italy (%) -9.8 2022 yearly 2006 - 2022
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -21.1 Mar 2024 monthly Jan 1992 - Mar 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) -10.6 2022 yearly 2006 - 2022
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -21.3 Feb 2024 monthly Jan 1995 - Feb 2024
Kuwait (%) 9.9 2022 yearly 2006 - 2022
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) -1.1 Feb 2024 monthly Jul 1995 - Feb 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 11.7 Feb 2024 monthly Jan 1996 - Feb 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) -8.0 2022 yearly 2006 - 2022
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) -4.1 2022 yearly 2006 - 2022
New Zealand (%) -9.5 2023 yearly 1976 - 2023
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -3.4 2022 yearly 2006 - 2022
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 44.5 Feb 2024 monthly Jul 2006 - Feb 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 16.4 Jan 2024 monthly Jan 2006 - Jan 2024
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 6.0 2022 yearly 2006 - 2022
Philippines (%) 15.5 Jan 2024 monthly Jan 1997 - Jan 2024
Poland (%) -6.6 2022 yearly 2006 - 2022
Portugal (%) 26.7 Feb 2024 monthly Jan 2001 - Feb 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 4.5 2022 yearly 2006 - 2022
Russia (%) 104.3 Mar 2024 monthly Jan 2009 - Mar 2024
Saudi Arabia (%) 10.8 2022 yearly 2006 - 2022
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) -7.4 Feb 2024 monthly Jan 2011 - Feb 2024
Slovakia (%) 3.1 2022 yearly 2006 - 2022
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) -11.5 Mar 2024 monthly Jan 2004 - Mar 2024
Spain (%) -7.3 2022 yearly 2006 - 2022
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) -4.1 2022 yearly 2006 - 2022
Switzerland (%) -6.3 2022 yearly 2006 - 2022
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -16.9 Feb 2024 monthly Jan 1998 - Feb 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -26.1 Feb 2024 monthly Dec 1992 - Feb 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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Sri Lanka Key Series

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Includes 172 key indicators for Sri Lanka, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.5 Sep 2023 quarterly Dec 2014 - Sep 2023
Tax Revenue (USD mn) 5,458.017 2022 yearly 1990 - 2022
Tax Revenue: % of GDP (%) 10.6 Sep 2023 quarterly Mar 2014 - Sep 2023
National Government Debt (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: % of GDP (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (LKR bn) 4,472.550 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.420 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.590 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 16,617,629.160 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: Foreign (LKR mn) 11,402,380.792 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Revenue & Grants​: Revenue (LKR mn) 795,600.830 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & LR: Recurrent (LKR mn) 1,002,143.567 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,172,712.077 Sep 2023 quarterly Mar 2014 - Sep 2023
Overall Fiscal Surplus/Deficit (LKR mn) -371,009.687 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & LR: Capital & Net Lending (LKR mn) 170,568.510 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -319.1 Feb 2024 monthly Jan 1982 - Feb 2024
Total Exports (USD mn) 1,059.3 Feb 2024 monthly Jan 1982 - Feb 2024
Total Exports Growth (%) 7.9 Feb 2024 monthly Jan 1983 - Feb 2024
Aluminum: Exports (USD th) 8,005.174 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 8,546.747 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,537.951 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,378.4 Feb 2024 monthly Jan 1982 - Feb 2024
Total Imports Growth (%) 35.0 Feb 2024 monthly Jan 1983 - Feb 2024
Imports: Medicament (USD th) 381,649.432 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 128,854.946 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 211.902 Dec 2023 monthly Jan 1978 - Dec 2023
Total Imports from USA (USD mn) 33.763 Dec 2023 monthly Jan 1978 - Dec 2023
Total Exports to China (USD mn) 17.680 Dec 2023 monthly Jan 2016 - Dec 2023
Total Imports from China (USD mn) 306.538 Dec 2023 monthly Jan 2016 - Dec 2023
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Imports: Intermediate Goods (LKR mn) 262,645.135 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Intermediate Goods: Fuel (LKR mn) 90,795.175 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Consumer Goods (LKR mn) 78,022.382 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 76,919.404 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Investment Goods (LKR mn) 89,464.831 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 200.505 Jan 2024 monthly Jan 2010 - Jan 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 169.493 Jan 2024 monthly Jan 2010 - Jan 2024
Terms of Trade Index: 2010=100 (2010=100) 84.410 Jan 2024 monthly Jan 2010 - Jan 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Current Account Balance (USD mn) 237.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 46.216 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,031.5 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,439.912 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
IIP: Assets (USD mn) 12,546.277 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Liabilities (USD mn) 63,986.189 Dec 2023 quarterly Dec 2012 - Dec 2023
International Investment Position (IIP): Net (USD mn) -51,439.912 Dec 2023 quarterly Dec 2012 - Dec 2023
No of Registered Enterprises (Unit) 6,298.000 2022 yearly 1994 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Money Supply M1 (USD mn) 5,088.870 Jan 2024 monthly Jan 1994 - Jan 2024
Money Supply M2 (USD mn) 36,267.306 Jan 2024 monthly Jan 1994 - Jan 2024
M2 Growth (%) 8.9 Jan 2024 monthly Jan 1995 - Jan 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 4,482.3 Feb 2024 monthly Dec 1956 - Feb 2024
Foreign Exchange Reserves: Months of Import (NA) 3.3 Feb 2024 monthly Jan 1982 - Feb 2024
Gold Reserves (USD mn) 30.962 Feb 2024 monthly Dec 1977 - Feb 2024
Total Deposits (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Total Deposits Growth (%) 6.7 Jul 2023 monthly Dec 2003 - Jul 2023
Domestic Credit (USD mn) 1,267.7 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Credit Growth (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Household Debt (USD mn) 5,580.5 Jun 2023 quarterly Jun 2010 - Jun 2023
Total Loans (USD mn) 26,218.887 Jan 2024 monthly Dec 1983 - Jan 2024
Total Loans Growth (%) -0.36 Jan 2024 monthly Dec 1984 - Jan 2024
Private Debt: % of Nominal GDP (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 4,482.341 Feb 2024 monthly Nov 2013 - Feb 2024
Official Reserve Assets (ORA) (USD mn) 4,520.000 Feb 2024 monthly Nov 2013 - Feb 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,714,837.000 Jun 2023 quarterly Jun 2010 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Business Sentiment Index: Business Condition: Current Quarter (Index) 93.000 Dec 2023 quarterly Jun 2014 - Dec 2023
Purchasing Managers Index: Manufacturing (Index) 56.000 Feb 2024 monthly May 2015 - Feb 2024

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