Sri Lanka: Tax revenue

* indicates monthly or quarterly data series
 Sri Lanka

Tax revenue, percent of GDP

 Latest value 7.38
 Year 2021
 Measure percent
 Data availability 1990 - 2021
 Average 13.49
 Min - Max 7.38 - 19.02
 Source The World Bank
For that indicator, we provide data for Sri Lanka from 1990 to 2021. The average value for Sri Lanka during that period was 13.49 percent with a minimum of 7.38 percent in 2021 and a maximum of 19.02 percent in 1990. The latest value from 2021 is 7.38 percent. For comparison, the world average in 2021 based on 105 countries is 17.48 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent values chart
Sri Lanka - Tax revenue - Recent values chart

Historical chart
Sri Lanka - Tax revenue - historical chart - 1990-2021




Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.


 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 7.15 2022 percent
 Government spending, in dollars 5.32 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -10.20 2022 percent
 Government debt 113.80 2022 percent
 Government expenditure 476.04 Q3/2023 billion
 Tax revenue 7.38 2021 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 43.93 2021 percent
 Taxes on international trade 24.10 2021 percent
 Income and profits taxes 19.54 2021 percent
 Foreign aid 153.96 2021 million U.S. dollars
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