Sri Lanka Government Debt: % of GDP
2014 - 2023 | Quarterly | % | CEIC Data
Key information about Sri Lanka Government Debt: % of GDP
- Sri Lanka Government debt accounted for 103.8 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 113.8 % in the previous quarter.
- Sri Lanka government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Mar 2023.
- The data reached an all-time high of 120.7 % in Jun 2022 and a record low of 72.0 % in Mar 2018.
CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Central Bank of Sri Lanka provides Government Debt in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Government Debt as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.
Related information about Sri Lanka Government Debt: % of GDP
- In the latest reports, Sri Lanka National Government Debt reached 83.1 USD bn in Mar 2023.
- The country's Nominal GDP reached 20.9 USD bn in Mar 2023.
View Sri Lanka's Government Debt: % of GDP from Mar 2014 to Mar 2023 in the chart:
What was Sri Lanka's Government Debt: % of GDP in Mar 2023?
Sri Lanka Government debt accounted for 103.8 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 113.8 % in the previous quarter. See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 103.8 Mar 2023 | 113.8 Dec 2022 | 72.0 Mar 2018 | 120.7 Jun 2022 | % | quarterly | Mar 2014 - Mar 2023 |
Government Debt: % of GDP by Country Comparison
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Includes Government Debt: % of GDP on 108 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 60.8 Mar 2023 | quarterly | Sep 2010 - Mar 2023 |
| Algeria (%) | 62.1 2021 | yearly | 1997 - 2021 |
| Argentina (%) | 80.3 Mar 2023 | quarterly | Dec 2004 - Mar 2023 |
| Armenia (%) | 47.5 Jun 2023 | quarterly | Dec 2013 - Jun 2023 |
| Australia (%) | 42.3 2022 | yearly | 1999 - 2022 |
| Austria (%) | 80.6 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Azerbaijan (%) | 16.8 2021 | yearly | 2008 - 2021 |
| Bahrain (%) | 85.2 Mar 2023 | quarterly | Dec 2007 - Mar 2023 |
| Bangladesh (%) | 20.6 2022 | yearly | 2010 - 2022 |
| Belarus (%) | 36.1 Mar 2022 | quarterly | Dec 2003 - Mar 2022 |
| Belgium (%) | 107.4 Mar 2023 | quarterly | Dec 1980 - Mar 2023 |
| Bolivia (%) | 27.2 2014 | yearly | 1998 - 2014 |
| Bosnia and Herzegovina (%) | 24.4 2021 | yearly | 2007 - 2021 |
| Botswana (%) | 17.9 Dec 2021 | quarterly | Jun 2014 - Dec 2021 |
| Brazil (%) | 73.6 Jun 2023 | quarterly | Dec 2006 - Jun 2023 |
| Bulgaria (%) | 23.1 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
| Cambodia (%) | 33.7 2022 | yearly | 2013 - 2022 |
| Canada (%) | 66.4 2023 | yearly | 1962 - 2023 |
| Chile (%) | 37.3 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
| China (%) | 21.4 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Colombia (%) | 62.9 Dec 2022 | quarterly | Dec 2005 - Dec 2022 |
| Croatia (%) | 68.8 Dec 2022 | quarterly | Dec 1995 - Dec 2022 |
| Cyprus (%) | 86.1 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Czech Republic (%) | 44.5 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Denmark (%) | 29.4 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Ecuador (%) | 65.1 Mar 2023 | quarterly | Dec 2005 - Mar 2023 |
| Egypt (%) | 68.6 Jun 2020 | quarterly | Jun 2006 - Jun 2020 |
| Estonia (%) | 17.2 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| European Union (%) | 83.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Finland (%) | 72.5 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| France (%) | 112.5 Mar 2023 | quarterly | Dec 1995 - Mar 2023 |
| Georgia (%) | 37.5 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Germany (%) | 65.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Ghana (%) | 70.7 2022 | yearly | 2006 - 2022 |
| Greece (%) | 168.4 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| Hong Kong SAR, China (%) | 47.6 2022 | yearly | 2003 - 2022 |
| Hungary (%) | 71.5 Jun 2023 | quarterly | Dec 1990 - Jun 2023 |
| Iceland (%) | 68.7 2022 | yearly | 1998 - 2022 |
| India (%) | 55.7 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| Indonesia (%) | 38.1 Jun 2023 | quarterly | Jun 2015 - Jun 2023 |
| Iran (%) | 8.8 Mar 2022 | quarterly | Mar 1998 - Mar 2022 |
| Ireland (%) | 43.6 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Israel (%) | 67.1 2021 | yearly | 1995 - 2021 |
| Italy (%) | 145.2 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Ivory Coast (%) | 8.6 2015 | yearly | 1975 - 2015 |
| Japan (%) | 224.0 Jun 2023 | quarterly | Dec 1994 - Jun 2023 |
| Jordan (%) | 90.7 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
| Kazakhstan (%) | 22.2 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Kenya (%) | 0.1 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| South Korea (%) | 47.8 Dec 2022 | quarterly | Sep 2002 - Dec 2022 |
| Kosovo (%) | 19.9 2022 | yearly | 2009 - 2022 |
| Kuwait (%) | 3.2 Dec 2020 | quarterly | Dec 2010 - Dec 2020 |
| Kyrgyzstan (%) | 47.9 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Latvia (%) | 42.9 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Lebanon (%) | 150.6 2020 | yearly | 1998 - 2020 |
| Lithuania (%) | 38.4 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
| Luxembourg (%) | 28.4 Mar 2023 | quarterly | Dec 1997 - Mar 2023 |
| North Macedonia (%) | 53.2 Jun 2023 | quarterly | Dec 2009 - Jun 2023 |
| Malawi (%) | 66.0 2014 | yearly | 2010 - 2014 |
| Malaysia (%) | 63.3 Jun 2023 | quarterly | Dec 2010 - Jun 2023 |
| Malta (%) | 52.4 Mar 2023 | quarterly | Dec 2000 - Mar 2023 |
| Mauritius (%) | 69.2 Jun 2023 | quarterly | Jun 2003 - Jun 2023 |
| Mexico (%) | 53.3 Jun 2023 | quarterly | Dec 2005 - Jun 2023 |
| Moldova (%) | 32.8 Mar 2023 | quarterly | Mar 2007 - Mar 2023 |
| Mongolia (%) | 59.4 Dec 2021 | quarterly | Dec 2017 - Dec 2021 |
| Montenegro (%) | 68.2 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Morocco (%) | 71.6 2022 | yearly | 1994 - 2022 |
| Nepal (%) | 27.2 2019 | yearly | 1990 - 2019 |
| Netherlands (%) | 48.3 Mar 2023 | quarterly | Dec 1999 - Mar 2023 |
| New Zealand (%) | 37.0 Mar 2023 | quarterly | Dec 2006 - Mar 2023 |
| Nigeria (%) | 21.6 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Norway (%) | 42.5 2021 | yearly | 1995 - 2021 |
| Oman (%) | 61.3 2021 | yearly | 1990 - 2021 |
| Pakistan (%) | 71.6 2022 | yearly | 2000 - 2022 |
| Palestinian Territory (%) | 74.3 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Panama (%) | 62.3 Sep 2022 | quarterly | Dec 2007 - Sep 2022 |
| Paraguay (%) | 33.2 Mar 2023 | quarterly | Dec 2014 - Mar 2023 |
| Peru (%) | 32.2 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Philippines (%) | 61.0 Jun 2023 | quarterly | Mar 1993 - Jun 2023 |
| Poland (%) | 48.4 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Portugal (%) | 110.1 Jun 2023 | quarterly | Dec 1995 - Jun 2023 |
| Qatar (%) | 15.0 2012 | yearly | 2006 - 2012 |
| Romania (%) | 48.4 Jun 2023 | quarterly | Dec 2011 - Jun 2023 |
| Russia (%) | 16.1 Jun 2023 | quarterly | Dec 2011 - Jun 2023 |
| Saudi Arabia (%) | 24.3 Jun 2023 | quarterly | Dec 2016 - Jun 2023 |
| Serbia (%) | 56.5 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
| Singapore (%) | 171.1 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
| Slovakia (%) | 57.8 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
| Slovenia (%) | 69.9 Dec 2022 | quarterly | Dec 1999 - Dec 2022 |
| South Africa (%) | 72.7 Jun 2023 | quarterly | Dec 1960 - Jun 2023 |
| Spain (%) | 112.8 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
| Sri Lanka (%) | 103.8 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Sweden (%) | 31.4 Mar 2023 | quarterly | Mar 1996 - Mar 2023 |
| Switzerland (%) | 25.1 2026 | yearly | 1990 - 2026 |
| Taiwan (%) | 29.7 2022 | yearly | 1996 - 2022 |
| Tajikistan (%) | 36.3 2021 | yearly | 1999 - 2021 |
| Thailand (%) | 53.9 Jun 2023 | quarterly | Dec 1997 - Jun 2023 |
| Tunisia (%) | 79.7 Dec 2021 | monthly | Apr 2011 - Dec 2021 |
| Turkey (%) | 31.2 Mar 2023 | quarterly | Dec 2001 - Mar 2023 |
| Ukraine (%) | 71.6 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -10.0 Mar 2023 | quarterly | Dec 2014 - Mar 2023 |
| Tax Revenue (USD mn) | 5,458.017 2022 | yearly | 1990 - 2022 |
| Tax Revenue: % of GDP (%) | 7.9 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| National Government Debt (USD mn) | 83,110.8 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Government Debt: % of GDP (%) | 103.8 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Forecast: Government Expenditure (LKR bn) | 4,472.547 2022 | yearly | 1990 - 2022 |
| Forecast: Government Net Debt (LKR bn) | 27,871.878 2022 | yearly | 1990 - 2022 |
| Forecast: Government Revenue (LKR bn) | 2,012.177 2022 | yearly | 1990 - 2022 |
| Government Debt: Domestic (LKR mn) | 13,345,597.046 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Government Debt: Foreign (LKR mn) | 12,458,154.611 Dec 2022 | quarterly | Mar 2014 - Dec 2022 |
| Government Expenditure & LR: Recurrent (LKR mn) | 1,140,219.040 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Overall Fiscal Surplus/Deficit (LKR mn) | -624,777.888 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Government Revenue & Grants: Revenue (LKR mn) | 634,887.112 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Government Expenditure & LR: Capital & Net Lending (LKR mn) | 119,825.700 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Government Expenditure & Lending Minus Repayments (LR) (LKR mn) | 1,260,044.740 Mar 2023 | quarterly | Mar 2014 - Mar 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.626 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -367.1 Jul 2023 | monthly | Jan 1982 - Jul 2023 |
| Total Exports (USD mn) | 1,118.6 Aug 2023 | monthly | Jan 1982 - Aug 2023 |
| Total Exports Growth (%) | -12.4 Jul 2023 | monthly | Jan 1983 - Jul 2023 |
| Aluminum: Exports (USD th) | 8,005.174 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 8,546.747 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 3,537.951 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 1,387.6 Jul 2023 | monthly | Jan 1982 - Jul 2023 |
| Total Imports Growth (%) | 7.8 Jul 2023 | monthly | Jan 1983 - Jul 2023 |
| Imports: Medicament (USD th) | 381,649.432 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 128,854.946 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 290.680 May 2023 | monthly | Jan 1978 - May 2023 |
| Total Imports from USA (USD mn) | 40.638 May 2023 | monthly | Jan 1978 - May 2023 |
| Total Exports to China (USD mn) | 26.025 May 2023 | monthly | Jan 2016 - May 2023 |
| Total Imports from China (USD mn) | 414.083 May 2023 | monthly | Jan 2016 - May 2023 |
| Import Volume Index (IVoI): 2010=100 (2010=100) | 131.400 Jul 2023 | monthly | Jan 2010 - Jul 2023 |
| Export Volume Index (EVoI): 2010=100 (2010=100) | 164.274 Jul 2023 | monthly | Jan 2010 - Jul 2023 |
| Terms of Trade Index: 2010=100 (2010=100) | 91.480 Jul 2023 | monthly | Jan 2010 - Jul 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 3.8 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| Current Account Balance (USD mn) | 644.3 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Current Account Balance: % of GDP (%) | 3.1 Mar 2023 | quarterly | Mar 2002 - Mar 2023 |
| Foreign Direct Investment (USD mn) | 171.7 Mar 2023 | quarterly | Mar 1977 - Mar 2023 |
| Foreign Direct Investment: % of GDP (%) | 1.7 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 290.993 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| Foreign Portfolio Investment: % of GDP (%) | 1.4 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 11.0 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 287.796 Mar 2023 | quarterly | Mar 2012 - Mar 2023 |
| External Debt (USD mn) | 50,555.0 Mar 2023 | quarterly | Dec 2012 - Mar 2023 |
| External Debt: % of GDP (%) | 74.7 2022 | yearly | 1998 - 2022 |
| External Debt: Short Term (USD mn) | 7,061.2 Mar 2023 | quarterly | Dec 2012 - Mar 2023 |
| External Debt: Short Term: % of GDP (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.458 2022 | yearly | 1980 - 2022 |
| Net International Investment Position (USD mn) | -50,031.937 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: FA: Liabilities: Other Investment (OI) (USD mn) | 184.812 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Secondary Income (USD mn) | 1,141.299 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: CA: Goods & Services: Services (USD mn) | 393.313 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current & CA: Credit (USD mn) | 5,165.572 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Assets: Reserve Assets (RA) (USD mn) | 113.959 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Assets: Other Investment (OI) (USD mn) | -149.742 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Assets: Portfolio Investment (PO) (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Liabilities: Financial Derivatives (USD mn) | 0.000 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| BoP: FA: Assets: Financial Derivatives (USD mn) | 0.000 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| BoP: FA: Assets: Errors & Ommissions (USD mn) | 192.632 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| International Investment Position (IIP): Net (USD mn) | -49,578.688 Mar 2023 | quarterly | Sep 2013 - Mar 2023 |
| IIP: Assets (USD mn) | 9,808.641 Mar 2023 | quarterly | Sep 2013 - Mar 2023 |
| IIP: Liabilities (USD mn) | 59,387.329 Mar 2023 | quarterly | Sep 2013 - Mar 2023 |
| No of Registered Enterprises (Unit) | 6,298.000 2022 | yearly | 1994 - 2022 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 2021 | yearly | 1998 - 2021 |
| Household Debt: % of GDP (%) | 7.6 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Money Supply M1 (USD mn) | 4,794.628 Jul 2023 | monthly | Jan 1994 - Jul 2023 |
| Money Supply M2 (USD mn) | 34,690.376 Jul 2023 | monthly | Jan 1994 - Jul 2023 |
| M2 Growth (%) | 8.1 Jul 2023 | monthly | Jan 1995 - Jul 2023 |
| Reserve Requirement Ratio (%) | 4.0 Jun 2023 | monthly | Mar 1997 - Jun 2023 |
| Foreign Exchange Reserves (USD mn) | 3,559.2 Aug 2023 | monthly | Dec 1956 - Aug 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.7 Jul 2023 | monthly | Jan 1982 - Jul 2023 |
| Gold Reserves (USD mn) | 29.380 Aug 2023 | monthly | Dec 1977 - Aug 2023 |
| Total Deposits (USD mn) | 48,209.545 May 2023 | monthly | Dec 2002 - May 2023 |
| Total Deposits Growth (%) | 4.7 May 2023 | monthly | Dec 2003 - May 2023 |
| Domestic Credit (USD mn) | 52,405.6 Jul 2023 | monthly | Jan 1996 - Jul 2023 |
| Domestic Credit Growth (%) | 3.0 Jul 2023 | monthly | Jan 1997 - Jul 2023 |
| Household Debt (USD mn) | 6,081.4 Mar 2023 | quarterly | Jun 2010 - Mar 2023 |
| Total Loans (USD mn) | 25,873.772 Jun 2023 | monthly | Dec 1983 - Jun 2023 |
| Total Loans Growth (%) | -7.76 Jun 2023 | monthly | Dec 1984 - Jun 2023 |
| Private Debt: % of Nominal GDP (%) | 27.42 Mar 2023 | quarterly | Dec 2010 - Mar 2023 |
| Official Reserve Assets (ORA) (USD mn) | 3,598.000 Aug 2023 | monthly | Nov 2013 - Aug 2023 |
| ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) | 3,559.155 Aug 2023 | monthly | Nov 2013 - Aug 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -8.2 May 2023 | monthly | May 2016 - May 2023 |
| Business Sentiment Index: Business Condition: Current Quarter (Index) | 73.630 Jun 2023 | quarterly | Jun 2014 - Jun 2023 |
| Purchasing Managers Index: Manufacturing (Index) | 44.600 Jul 2023 | monthly | May 2015 - Jul 2023 |
More Indicators for Sri Lanka
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