Sri Lanka: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Sri Lanka

Government spending as percent of GDP

 Latest value 6.85
 Year 2023
 Measure percent
 Data availability 1960 - 2023
 Average 10.92
 Min - Max 6.85 - 17.61
 Source The World Bank
The latest value from 2023 is 6.85 percent, a decline from 7.18 percent in 2022. In comparison, the world average is 16.14 percent, based on data from 130 countries. Historically, the average for Sri Lanka from 1960 to 2023 is 10.92 percent. The minimum value, 6.85 percent, was reached in 2023 while the maximum of 17.61 percent was recorded in 2009. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Sri Lanka - Government spending, percent of GDP - Recent values chart

Historical series
Sri Lanka - Government spending, percent of GDP - historical chart - 1960-2023




The government size of Sri Lanka and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 6.85 2023 percent
 Government spending, in dollars 5.78 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -8.30 2023 percent
 Government debt 103.90 2023 percent
 Government expenditure 518.44 Q3/2024 billion
 Tax revenue 7.28 2022 percent
 Commercial tax rate 55.20 2019 percent
 Tax preparation time 129 2019 hours
 Number of taxes 36 2019 taxes
 Taxes on goods and services 43.37 2022 percent
 Taxes on international trade 17.10 2022 percent
 Income and profits taxes 26.52 2022 percent
 Foreign aid 11.05 2022 million U.S. dollars
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