On June 30, 2022 the National Olympic Committee of Sri Lanka announced a team of 114 athletes (54 men and 60 women).

By virtue of its status as the top Commonwealth Asian nation in the respective FIBA 3x3 Federation Rankings for men and women (on 1 November 2021), Sri Lanka qualified for both tournaments.

[18] Abeykoon also became the first Sri Lankan to win a Commonwealth Games medal in either men's and women's 100m event.

[23] Palitha Bandara claimed a silver medal in men's F42-44/61-64 discus throw final after clearing a distance of 44.20 meters garnering 944 points.

[41] At the conclusion of the rankings period on February 28, 2022, Sri Lanka qualified ten weightlifters (six men and four women).

[47][48] Arshika Vijaybaskar later received a reallocated quota spot, increasing the team to 11 athletes (six men and five women).

[6] On April 11, 2022, the Wrestling Federation of Sri Lanka selected six wrestlers (two men and four women) to compete at the games.

[51][52] A sixth wrestler, Shanith Chathuranga, scheduled to compete in the 74 kg, left the athletes village, and was believed to have fled.

The athletes who are competing had endured severe difficulties to move on with their usual lifestyles and faced constraints with regard to training due to fuel shortages.

Sri Lanka Cricket stepped in voluntarily during the need of the hour by financing the accommodation and travelling costs and expenses of participants and officials worth LKR 20 million.

[59] As of 4 August 2022, at least 3 members of the Sri Lankan contingent are reportedly missing from the villages including a female judoka and a male wrestler.

[60][61] Sri Lankan administrators had asked its athletes and officials to hand over their passports ever since the news broke out regarding missing competitors.