Bank assets as a share of GDP reached 78.8 % in 2017 in Sri Lanka, according to the National Central Bank. This is 3.17 % more than in the previous year.
Historically, bank assets as a share of GDP in Sri Lanka reached an all time high of 78.8 % in 2017 and an all time low of 11.5 % in 1992. When compared to Sri Lanka's main peers, bank assets as a share of GDP in India amounted to 88.6 %, 190 % in Malaysia and 66.5 % in Maldives in 2017.
Sri Lanka has been ranked 68th within the group of 113 countries we follow in terms of bank assets as a share of GDP, 27 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.