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Table  41  (External trade, Balance)
Balance of Payments (1962-1988)
ext 41e (Rs. Million) (Rs. Million) (Rs. Million) (Rs. Million)
Year 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 Year
                               Balance                Item Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net Balance                                    Item
1.Goods and Services                                                                                                                                                                   1.Goods and Services
1.1.Merchandise 1,976 2,356 -380 1,709 1,869 -160 1,767 1,960 -193 1,909 1,922 -13 1,674 2,018 -344 1,646 1,997 -351 1,976 2,356 -380 1,909 2,655 -746 2,011 2,336 -325 1,931 2,218 -287 1,963 2,265 -302 2,346 2,644 -298 3,400 4,663 -1263 3,913 5,334 -1421 4,707 5,417 -710 6,640 6,290 350 13,206 15,600 -2,394 15,282 22,570 -7,288 17,603 33,915 -16,312 20,507 36,121 -15,614 21,097 41,420 -20,323 25,038 45,201 -20,163 37,198 49,046 -11,848 35,617 54,852 -19,235 33,893 55,284 -21,391 41,097 61,102 -20,005 46,861 71,275 -24,414 1.1.Merchandise
1.2.Non-Monetary gold - 3 -3 - 2 -2 - 2 -2 - 2 -2 - 2 -2 - 2 -2 - 3 -3 - - - - 2 -2 - - - - - - - - - - - - - 7 -7 - - - - - - - - - - - - - - - - 3 -3 - 81 -81 0.7 5.2 -5 - 1 -1 - 1 -1 - - - - - - - - - 1.2.Non-Monetary gold
1.3.Freight and Merchandise Insurance   5 3 2 4 4 0 3 2 1 6 2 4 4 2 2 3 1 2 5 3 2 8 4 4 9 5 4 9 10 -1 9 12 -3 11 18 -7 13 20 -7 16 23 -7 17 24 -7 18 25 -7 30 50 -20 39 56 -17 56 77 -21 62 78 -16 83 93 -10 211 144 67 302 88 214 319 92 227 354 120 234 408 164 244 402 196 206 1.3.Freight and Merchandise Insurance  
1.4.Other Transportation 133 31 102 104 29 75 99 32 67 110 23 87 112 22 90 109 20 89 133 31 102 119 29 90 102 31 71 130 34 96 129 34 95 166 44 121.6 160 46 114 186 60 126 198 70 128 220 80 140 289 268 21 406 348 58 669 483 186 902 659 243 1,135 883 252 1,406 1,256 150 1,509 1,409 100 1,669 2,079 -410 2,406 2,724 -318 2,958 3,176 -218 3,496 3,483 13 1.4.Other Transportation
1.4.1.Passenger Fares 1 17 -16 3 17 -14 1 15 -14 1 10 -9 1 10 -9 1 10 -9 1 17 -16 10 22 - 13 24 -11 20 21 -1 20 20 0 30 26 4 25 23 2 29 23 6 30 24 6 30 28 2 22 120 -98 20 161 -141 34 196 -162 59 277 -218 117 353 -236 211 375 -164 356 391 -35 477 766 -289 910 1,044 -134 1,001 1,289 -288 1,125 1,220 -95 1.4.1.Passenger Fares
1.4.2.Port Expenditure 132 4 128 91 4 87 89 5 84 100 3 97 110 2 108 106 1 105 132 4 128 108 2 106 88 2 86 110 11 99 108 12 96 128 14 114 126 16 110 148 30 118 157 38 119 178 42 136 240 80 160 338 100 238 560 170 390 730 209 521 898 299 599 1,080 438 642 1,089 559 530 1,189 532 657 1,490 680 810 1,933 912 1,021 2,341 1,111 1,230 1.4.2.Port Expenditure
1.4.3.Other 0.4 11 -10.6 10 8 2 10 12 -2 11 11 0 2 10 -8 2 9 -7 0.4 11 -10.6 1 5 -4 1 5 -4 0 1 -0.9 2 2 0 8 4 4 9 7 2 9 7 2 11 8 3 12 10 2 26 68 -42 48 87 -39 74 118 -44 113 172 -59 120 231 -111 114 443 -329 65 459 -394 3 782 -779 5 1,000 -995 24 975 -951 30 1,152 -1,122 1.4.3.Other
1.5.Travel 10 20 -10 6 22 -16 6 14 -8 6 13 -7 7 16 -9 8 17 -9 10 20 -10 17 22 -5 22 20 2 20 15 5 32 13 19 59 10 49 95 9 86 124 13 111 198 24 174 304 33 271 750 444 306 1,053 458 595 1,637 556 1,081 2,244 703 1,541 2,678 842 1,836 2,404 917 1,487 2,587 1,203 1,384 2,224 1,330 894 2,326 1,518 808 2,107 1,849 258 1,964 2,108 -144 1.5.Travel
1.6.Investment Income 13 68 -55 16 68 -52 12 47 -35 13 29 -16 13 50 -37 11 65 -54 13 68 -55 11 120 -109 11 153 -142 13 134 -121 12 149 -137 17 128 -111 37 148 -111 50 179 -129 33 203 -170 103 256 -153 314 551 -237 614 854 -240 774 1,205 -431 634 2,502 -1,868 912 2,871 -1,959 1,056 4,270 -3,214 1,420 4,881 -3,461 2,261 5,661 -3,400 1,893 5,764 -3,871 2,056 6,755 -4,699 2,181 7,679 -5,498 1.6.Investment Income
1.6.1.Direct Investment 1 24 -23 0.4 47 -47 1 27 -26 1 4 -3 2 25 -23 1 32 -31 1 24 -23 1 52 -51 1 52 -51 1 30 -29 6 29 -23 1 19 -18 0 13 -12.9 0 17 -16.7 0.3 13.0 -12.7 1 11 -10.3 - 66 -66 - 98 -98 - 237 -237 - 137 -137 7 218 -211 4 255 -251 1 292 -291 5 288 -283 15 516 -501 8 1,034 -1,026 9 627 -618 1.6.1.Direct Investment
1.6.2.Other 12 44 -32 15 21 -6 11 20 -9 12 25 -13 11 24 -13 10 33 -23 12 44 -32 10 68 -58 10 101 -91 12 105 -93 6 119 -113 16 108 -92 37 134 -97 50 162 -112 32 190 -158 102 245 -143 314 485 -171 614 756 -142 774 968 -194 634 2,366 -1,732 905 2,653 -1,748 1,052 4,015 -2,963 1,473 4,588 -3,115 2,256 5,373 -3,117 1,878 5,248 -3,370 2,047 5,721 -3,674 2,172 7,052 -4,880 1.6.2.Other
1.7.Government Expenditure 29 15 14 26 25 1 26 25 1 30 25 5 29 17 12 25 13 12 29 15 14 29 27 2 29 28 1 35 24 11 40 28 12 33 20 13 33 25 8 45 26 19 50 36 14 51 40 11 108 75 33 120 81 39 128 123 5 201 151 50 273 295 -22 379 270 109 304 295 9 321 468 -147 383 508 -125 609 564 45 715 667 48 1.7.Government Expenditure
1.8.Other Services 56 99 -43 55 80 -25 36 67 -31 33 74 -41 38 79 -41 39 76 -37 56 99 -43 69 141 -72 66 128 -62 106 112 -6 126 128 -2 102 115 -13 107 120 -13 143 168 -25 146 173 -27 227 185 42 452 435 17 760 456 304 1,341 1,302 39 1,976 1,843 133 1,880 2,291 -411 2,577 2,588 -11 2,386 2,427 -41 2,078 2,824 -746 3,239 3,584 -345 3,584 3,838 -254 4,011 3,794 217 1.8.Other Services
1.8.1.Non Merchandise Insurance 3 9 -6 4 14 -10 3 9 -6 2 10 -8 3 8 -5 4 7 -3 3 9 -6 1 8 -7 1 8 -7 3 8 -5 5 8 -3 4 8 -3.5 4 5 -1 6 11 -5 6 13 -7 7 19 -12 11 32 -21 32 26 6 31 40 -9 45 55 -10 48 114 -66 167 185 -18 213 261 -48 159 235 -76 900 867 33 256 526 -270 338 584 -246 1.8.1.Non Merchandise Insurance
1.8.2.Other 53 90 -36 51 66 -15 34 58 -24 31 63 -32 35 71 -36 35 69 -34 53 90 -36 68 132 -64 65 120 -55 103 104 -1 121 120 1 99 107 -8 103 115 -12 137 157 -20 140 160 -20 220 166 54 440 403 37 728 431 297 1,310 1,261 49 1,931 1,788 143 1,831 2,177 -346 2,409 2,403 6 2,174 2,166 8 1,929 2,589 -660 2,340 2,717 -377 3,329 3,312 17 3,674 3,210 464 1.8.2.Other
Total Goods and Services 2,223 2,595 -372 1,918 2,099 -181 1,949 2,149 -200 2,108 2,090 18 1,878 2,204 -326 1,840 2,191 -351 2,223 2,595 -372 2,163 2,999 -836 2,246 2,702 -456 2,244 2,546 -302 2,311 2,628 -317 2,733 2,979 -246 3,844 5,031 -1187 4,478 5,810 -1332 5,350 5,947 -597 7,563 6,909 654 15,149 17,423 -2,274 18,275 24,823 -6,548 22,208 37,661 -15,453 26,526 42,061 -15,535 28,060 48,777 -20,717 33,072 54,650 -21,578 45,765 59,350 -13,585 44,499 67,307 -22,808 44,495 69,501 -25,006 52,819 77,448 -24,629 59,630 89,203 -29,573 Total Goods and Services
2.Transfer Payments                                                                                                                                                                   2.Transfer Payments
2.1Private 8 21 -13 6 36 -30 6 43 -37 8 31 -23 6 32 -26 7 31 -24 8 21 -13 15 22 -7 15 30 -15 20 40 -20 25 59 -34 48 46 2 54 56 -2 60 41 19 109 53 56 190 67 123 610 268 342 935 181 754 2,518 258 2,260 4,430 512 3,918 6,024 530 5,494 6,916 475 6,441 7,653 622 7,031 7,991 718 7,273 8,873 890 7,983 10,324 1,098 9,226 11,362 1,196 10,166 2.1Private
2.2.Official 28 - 28 44 - 44 76 - 76 64 - 64 63 - - 46 - 46 28 - 28 46 - 46 75 - 75 105 - 105 81 - 81 83 - 83 282 - 282 541 - 541 492 - 492 490 - 490 900 - 900 2,239 - 2,239 2,281 - 2,281 3,118 - 3,118 3,379 - 3,379 4,016 - 4,016 5,154 - 5,154 4,508 - 4,508 5,114 - 5,114 5,311 - 5,311 6,588 - 6,588 2.2.Official
   Total Current Account 2,260 2,616 -356 1,968 2,135 -167 2,032 2,192 -160 2,180 2,121 59 1,947 2,237 -290 1,892 2,221 -329 2,260 2,616 -356 2,224 3,021 -797 2339 2,732 -393 2,370 2,586 -216 2,418 2,687 -269 2,864 3,025 -161 4,181 5,087 -906 7,079 5,850 1,229 5,950 6,000 -50 8,243 6,977 1,266 16,659 17,691 -1,032 21,449 25,005 -3,556 27,007 37,919 -10,912 34,074 42,572 -8,498 37,463 49,306 -11,843 44,003 55,125 -11,122 58,572 59,972 -1,400 56,998 68,025 -11,027 58,482 70,392 -11,910 68,454 78,546 -10,092 77,580 90,399 -12,819    Total Current Account
3.Capital & Monetary Gold                                                                                                                                                                   3.Capital & Monetary Gold
3.1.Non-monetary Sector 388 190 198 95 17 78 253 86 167 158 65 93 189 118 71 237 73 164 388 190 198 750 310 440 844 491 353 1,238 838 400 1,133 831 302 1,408 929 479 1,751 1,199 552 2,057 1,578 479 2,214 1,630 584 1,580 1,255 325 3825 1225 2,600 4,323 1,017 3,306 10,524 3,938 6,586 19,650 11,960 7,690 23,878 12,924 10,954 26,975 16,359 10,616 23,490 14,735 8,755 21,626 12,311 9,315 22,980 13,886 9,094 22,770 13,712 9,058 24,624 16,346 8,278 3.1.Non-monetary Sector
3.1.1.Direct Investment 7 19 -12 7 2 5 4 5 -1 1 1 0 5 19 -14 8 15 -7 7 19 -12 7 18 -11 8 8 0 18 16 2 13 8 5 6 3 3 11 2 9 4 6 -2 1 0 0.2 4 14 -10 23 - 23 769 37 732 753 43 710 1,003 56 947 1,377 54 1,323 929 42 887 942 112 830 824 41 783 810 26 784 1,766 39 1,727 1,443 66 1,377 3.1.1.Direct Investment
3.1.2.Other Private Long-term 2 1 1 1 1 0 3 1 2 2 6 -4 1 3 -2 1 1 0 2 1 1 2 1 1 2 1 1 1 1 0 1 1   1 2 -1.4 1 2 -1 41 90 -49 60 108 -48 2 32 -30 8 - 8 162 21 141 990 323 667 1,595 576 1,019 5,042 996 4,046 3,130 898 2,232 1,075 1,194 -119 2,326 1,586 740 2,346 1,831 515 3,009 2,795 214 1,740 3,381 -1,641 3.1.2.Other Private Long-term
3.1.3.Other Private Short-term - 7 -7 - 4 -4 1 9 -8 - 18 -18 - 18 -18 9 - 9 - 7 -7 - 10 -10 - 5 -5 6 30 -24 37 29 8 - 11 -11 - 15 -15 433 650 -217 548 609 -61 212 301 -89 114 - 114 41 40 1 4,455 1,851 2,604 10,966 10,361 605 10,504 10,357 147 14,127 13,242 885 11,086 11,734 -648 9,055 8,678 377 8,399 8,776 -377 7,834 6,613 1,221 8,101 7,663 438 3.1.3.Other Private Short-term
3.1.4.Central Government 379 163 216 86 9 77 246 71 175 155 41 114 183 78 105 219 57 162 379 163 216 741 280 461 834 477 357 1,214 791 423 1,082 792 290 1,402 913 489 1,739 1,179 560 1,578 832 746 1,606 912 694 1,361 908 453 3,680 1,225 2,455 3,350 919 2,431 4,326 1,722 2,604 6,087 967 5,120 6,954 1,517 5,437 8,788 2,178 6,610 10,387 1,694 8,693 9,422 2,006 7,416 11,425 3,253 8,172 10,162 4,261 5,901 13,339 5,235 8,104 3.1.4.Central Government
3.1.4.1.Loans Received 295 61 234 82 6 76 78 71 7 77 41 36 183 30 153 211 45 166 295 61 -6 362 77 285 299 113 186 498 96 402 414 124 290 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.1.4.1.Loans Received
3.1.4.2.Short-term Liabilities 84 98 -14 4 - 4 35 - 35 26 - 26 - 44 -44 7 - 7 84 98 -14 379 197 182 519 362 157 716 679 37 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.1.4.2.Short-term Liabilities
3.1.4.3.Assets - 4 -4 - 3 -3 132 - 132 52 - 52 - 8 -8 - 12 -12 - 4 -4 - 6 -6 16 3 13 - 17 -17 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3.1.4.3.Assets
3.2.Monetary Sector  263 85 178 90 4 86 25 24 1 135 281 -146 330 93 237 279 140 139 263 85 178 434 96 338 310 281 29 308 487 -179 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -   - - - - - - - - 3.2.Monetary Sector 
3.2.1.Commercial Banks-Liabilities 3 - 3 2 - 2 1 - 1 9 - 9 8 - 8 12 - 12 3 - 3 - 9 -9 - 4 -4 21 3 18 - - - - 70 -70 - - - 11 - 11 17 - 17 - 670 -670 - 73 -73 - 365 -365 - 666 -666 4 - 4 993 - 993 1,252 - 1,252 284 - 284 937 - 937 8,618 - 8,618 9,133 2,135 6,998 11,472 2,746 8,726 3.2.1.Commercial Banks-Liabilities
3.2.2.Commercial Banks-Assets - 37 -37 - 4 -4 - 2 -2 16 - 16 - 21 -21 - 7 -7 - 37 -37 19 - 19 - 12 -12 7 42 -35 - - - - 24 - 24 - 97 -97 - 1 -1 - 178 -178 - - - 36 -36 413 - 413 - 127 -127 - 285 -285 - 1,242 -1,242 - 1,540 -1540 - 5,030 -5,030 1,132 - 1,132 2,332 277 2,055 707 - 707 5,743 5,479 264 3.2.2.Commercial Banks-Assets
3.2.3.Central Bank-Liabilities 13 - 13 42 - 42 23 - 23 - 70 -70 32 - 32 139 - 139 13 - 13 249 - 249 156 75 81 96 236 -140 - - - - 72 -72 179 - 179 129 - 129 20 86 -66 - 3,504 -3,504 - 1,806 -1806 - 1,828 -1828 3,556 - 3,556 232 - 232 1,667 - 1,667 - 49 -49 - 1,849 -1,849 279 - 279 185 245 -60 1,805 - 1,805 - 1,688 -1,688 3.2.3.Central Bank-Liabilities
3.2.4.Central Bank-Assets 25 - 25 45 - 45 - 22 -22 - 157 -157 142 - 142 - 114 -114 25 - 25 70 - 70 - 29 -29 18 62 -44 - - - - 195 -195 60 - 60 - 18 -18 - 385 -385 32 - 32 88 - 88 113 - 113 135 - 135 140 - 140 - 490 -490 - 470 -470 1,289 870 419 237 967 -730 1,614 1,856 -242 - - - - - - 3.2.4.Central Bank-Assets
3.2.5.Net I.M.F. Account 222 48 174 1 - 1 2 - 2 110 55 55 147 73 74 128 18 110 222 48 174 96 87 9 76 161 -85 104 145 -41 - - - 150 169 -19 111 162 -51 374 169 205 277 190 87 108 - 108 - 326 -326 - 114 -114 341 - 341 1,528 1,289 239 1,506 1,146 360 1,623 1,374 249 - - - - - - - - - - 1,446 -1,446 7,317 2,682 4,635 3.2.5.Net I.M.F. Account
3.2.6.S.D.R - - - - - - - - - - - - - - - - - - - - - - - - 78 - 78 63 - 63 - - - - - - - - - - - - - - - 937 219 718 756 440 316 1,592 623 969 630 1,096 -466 252 - 252 - - - - - - - - - - - - - - - - - - - - - 3.2.6.S.D.R
3.2.7.Monetary Gold - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1,680 - 1,680 344 - 344 - 18 -18 607 - 607 - - - - - - - - - - - - - - - - - - - - - - - - 3.2.7.Monetary Gold
4.Errors and Omissions - 20 -20 4 - 4 - 8 -8 - 6 -6 - 18 -18 26   26 - 20 -20 18 - -18 12 - 12 - 6 -6 - - - 17 - 17 - 8 -8 - 33 -33 - 10 -10 41 - 41 - 50 -50 820 - 820 495 - 495 188 - 188 5 - 5 766 - 766 - 255 -255 - 839 -839 - 330 -330 - 2,030 -2,030 955 - 955 4.Errors and Omissions
© 2010, KRI (Kusaka Research Institute)  Revised:  2010(y)/11(m)/25(d)
Source: Chief Editor:
Annual Report, Central Bank of Sri Lanka.    Dr. Milton Rajaratne (B.Com., M.Sc., Ph.D.)
     The Former Head, Department of Management Studies
     University of Peradeniya, Sri Lanka