Sri Lanka: Tax revenue

The latest value from 2023 is 9.88 percent, an increase from 7.28 percent in 2022. In comparison, the world average is 17.51 percent, based on data from 110 countries. Historically, the average for Sri Lanka from 1990 to 2023 is 13.2 percent. The minimum value, 7.28 percent, was reached in 2022 while the maximum of 19.02 percent was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Taxes are compulsory, unrequited payments, in cash or in kind, made by institutionalunits to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.