Sri Lanka: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 470.98 billion Sri Lanka Rupee as of Q1 2024, a decline compared to the previous value of 496.57 billion Sri Lanka Rupee. Historically, the average for Sri Lanka from Q1 2019 to Q1 2024 is 419.55 billion Sri Lanka Rupee. The minimum of 332.78 billion Sri Lanka Rupee was recorded in Q1 2019, while the maximum of 496.57 billion Sri Lanka Rupee was reached in Q4 2023.
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* indicates monthly or quarterly data series
- Measure: billion Sri Lanka Rupee
- Source: Central Bank of Sri Lanka
| Recent values | Sri Lanka: Government expenditure, billion currency units |
|---|---|
| 2024 Q1 | 470.98 |
| 2023 Q4 | 496.57 |
| 2023 Q3 | 476.04 |
| 2023 Q2 | 479.22 |
| 2023 Q1 | 441.27 |
| 2022 Q4 | 459.77 |
| 2022 Q3 | 421.79 |
| 2022 Q2 | 375.33 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| 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 | 470.98 | Q1/2024 | 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 |