Sri Lanka Tax Revenue: % of GDP

2014 - 2023 | Quarterly | % | CEIC Data

Key information about Sri Lanka Tax revenue: % of GDP

  • Sri Lanka Tax revenue: % of GDP was reported at 10.8 % in Dec 2023.
  • This records an increase from the previous number of 10.6 % for Sep 2023.
  • Sri Lanka Tax revenue: % of GDP data is updated quarterly, averaging 10.5 % from Mar 2014 to Dec 2023, with 40 observations.
  • The data reached an all-time high of 15.2 % in Dec 2015 and a record low of 6.7 % in Mar 2022.
  • Sri Lanka Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. The Ministry of Finance provides Tax Revenue in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Tax Revenue as % of Nominal GDP prior to Q1 2015 is calculated from Nominal GDP based on old methodology.

View Sri Lanka's Tax Revenue: % of GDP from Mar 2014 to Dec 2023 in the chart:

Sri Lanka Tax Revenue: % of GDP

What was Sri Lanka's Tax Revenue: % of GDP in Dec 2023?

Sri Lanka Tax revenue: % of GDP was reported at 10.8 % in Dec 2023. See the table below for more data.

Last Previous Min Max Unit Frequency Range
10.8 Dec 2023 10.6 Sep 2023 6.7 Mar 2022 15.2 Dec 2015 % quarterly Mar 2014 - Dec 2023

Tax Revenue: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 19.5 2023 yearly 2008 - 2023
Algeria (%) 3.8 2022 yearly 1997 - 2022
Argentina (%) 15.6 Dec 2023 quarterly Mar 2004 - Dec 2023
Armenia (%) 25.1 Mar 2023 quarterly Mar 2008 - Mar 2023
Australia (%) 29.7 Mar 2024 quarterly Sep 2002 - Mar 2024
Austria (%) 31.3 Dec 2023 quarterly Mar 2001 - Dec 2023
Azerbaijan (%) 17.9 2023 yearly 1993 - 2023
Bahrain (%) 5.2 2022 yearly 1990 - 2022
Bangladesh (%) 7.8 2023 yearly 2006 - 2023
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 29.8 2023 yearly 1980 - 2023
Bolivia (%) 17.8 2022 yearly 1990 - 2022
Bosnia and Herzegovina (%) 21.7 2022 yearly 2005 - 2022
Botswana (%) 34.0 Jun 2023 quarterly Jun 2007 - Jun 2023
Brazil (%) 18.2 Mar 2024 quarterly Sep 1994 - Mar 2024
Brunei (%) 1.6 2022 yearly 2010 - 2022
Bulgaria (%) 29.6 Mar 2024 quarterly Mar 2003 - Mar 2024
Cambodia (%) 18.3 2022 yearly 2009 - 2022
Canada (%) 14.6 Mar 2024 quarterly Mar 1996 - Mar 2024
Chile (%) 19.4 2023 yearly 1990 - 2023
China (%) 3.8 Mar 2024 quarterly Mar 1995 - Mar 2024
Colombia (%) 16.5 Mar 2024 quarterly Mar 2000 - Mar 2024
Croatia (%) 26.1 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (%) 26.8 Mar 2024 quarterly Mar 1995 - Mar 2024
Czech Republic (%) 19.8 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (%) 42.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Ecuador (%) 10.4 Dec 2023 quarterly Mar 2000 - Dec 2023
Egypt (%) 5.5 2023 yearly 2005 - 2023
Estonia (%) 22.8 Dec 2023 quarterly Mar 1999 - Dec 2023
European Union (%) 26.1 2023 yearly 1995 - 2023
Finland (%) 30.7 Dec 2023 quarterly Mar 1999 - Dec 2023
France (%) 14.3 Mar 2024 quarterly Mar 2006 - Mar 2024
Georgia (%) 23.9 Dec 2023 quarterly Mar 2006 - Dec 2023
Germany (%) 22.3 Mar 2024 quarterly Mar 1991 - Mar 2024
Ghana (%) 13.9 Jun 2022 quarterly Mar 2008 - Jun 2022
Greece (%) 26.7 Sep 2023 quarterly Mar 1999 - Sep 2023
Hong Kong SAR, China (%) 19.2 Dec 2023 quarterly Sep 1979 - Dec 2023
Hungary (%) 23.6 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (%) 34.8 Mar 2024 quarterly Mar 2002 - Mar 2024
India (%) 7.6 Mar 2024 quarterly Jun 1997 - Mar 2024
Indonesia (%) 8.8 Mar 2024 quarterly Mar 2014 - Mar 2024
Iran (%) 5.1 2020 yearly 1996 - 2020
Ireland (%) 23.3 Dec 2023 quarterly Mar 2000 - Dec 2023
Israel (%) 24.3 Mar 2024 quarterly Mar 2001 - Mar 2024
Italy (%) 36.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Ivory Coast (%) 13.0 2023 yearly 1960 - 2023
Japan (%) 11.0 Mar 2024 quarterly Jun 1983 - Mar 2024
Jordan (%) 15.2 2018 yearly 1999 - 2018
Kazakhstan (%) 15.0 Dec 2023 quarterly Mar 2008 - Dec 2023
Kenya (%) 7.1 2022 yearly 2006 - 2022
South Korea (%) 14.0 Mar 2024 quarterly Mar 2000 - Mar 2024
Kosovo (%) 24.9 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.0 2022 yearly 1986 - 2022
Kyrgyzstan (%) 30.8 Mar 2024 quarterly Mar 2007 - Mar 2024
Laos (%) 11.3 2022 yearly 2012 - 2022
Latvia (%) 20.9 Dec 2023 quarterly Mar 1999 - Dec 2023
Lebanon (%) 10.9 2020 yearly 1998 - 2020
Lithuania (%) 22.5 Dec 2023 quarterly Mar 1999 - Dec 2023
Luxembourg (%) 29.1 2023 yearly 1995 - 2023
Macau SAR, China (%) 17.1 2022 yearly 2002 - 2022
North Macedonia (%) 19.8 Mar 2024 quarterly Mar 2004 - Mar 2024
Malawi (%) 11.4 2021 yearly 2009 - 2021
Malaysia (%) 11.3 Mar 2024 quarterly Mar 1991 - Mar 2024
Malta (%) 22.0 Dec 2023 quarterly Mar 2000 - Dec 2023
Mauritius (%) 21.9 Dec 2022 quarterly Mar 2010 - Dec 2022
Mexico (%) 14.0 Dec 2023 quarterly Mar 1993 - Dec 2023
Moldova (%) 21.1 2023 yearly 2004 - 2023
Mongolia (%) 36.4 Mar 2024 quarterly Mar 2000 - Mar 2024
Montenegro (%) 22.8 Dec 2023 quarterly Mar 2012 - Dec 2023
Morocco (%) 22.5 Jun 2022 quarterly Mar 2007 - Jun 2022
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 26.9 Dec 2023 quarterly Mar 1999 - Dec 2023
New Zealand (%) 31.5 2023 yearly 1999 - 2023
Norway (%) 31.2 Mar 2024 quarterly Mar 2002 - Mar 2024
Oman (%) 3.8 2021 yearly 1996 - 2021
Pakistan (%) 5.8 2023 yearly 2000 - 2023
Palestinian Territory (%) 21.4 2020 yearly 2005 - 2020
Panama (%) 9.6 Dec 2023 quarterly Mar 2007 - Dec 2023
Paraguay (%) 9.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Peru (%) 15.9 Mar 2024 quarterly Mar 1990 - Mar 2024
Philippines (%) 13.4 Mar 2024 quarterly Mar 1985 - Mar 2024
Poland (%) 16.2 Mar 2024 quarterly Mar 2007 - Mar 2024
Portugal (%) 22.3 Jun 2023 quarterly Mar 1999 - Jun 2023
Russia (%) 21.7 Dec 2023 quarterly Mar 1996 - Dec 2023
Serbia (%) 39.9 Mar 2024 quarterly Mar 2005 - Mar 2024
Singapore (%) 13.8 Mar 2024 quarterly Dec 1987 - Mar 2024
Slovakia (%) 15.4 Dec 2023 quarterly Mar 2005 - Dec 2023
Slovenia (%) 20.2 Mar 2024 quarterly Mar 2000 - Mar 2024
South Africa (%) 26.8 Mar 2024 quarterly Mar 1990 - Mar 2024
Spain (%) 24.6 2022 yearly 1995 - 2022
Sri Lanka (%) 10.8 Dec 2023 quarterly Mar 2014 - Dec 2023
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 22.3 2022 yearly 1995 - 2022
Switzerland (%) 27.5 2021 yearly 1990 - 2021
Taiwan (%) 8.9 Mar 2024 quarterly Mar 1975 - Mar 2024
Tajikistan (%) 20.5 2016 yearly 2000 - 2016
Thailand (%) 13.4 2022 yearly 1990 - 2022
Tunisia (%) 25.2 2023 yearly 1991 - 2023

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Sri Lanka Key Series

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Includes 207 key indicators for Sri Lanka, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.3 Dec 2023 quarterly Dec 2014 - Dec 2023
Tax Revenue (USD mn) 8,317.177 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 10.8 Dec 2023 quarterly Mar 2014 - Dec 2023
National Government Debt (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: % of GDP (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (LKR bn) 4,472.546 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.420 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.590 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 17,051,854.265 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Debt: Foreign (LKR mn) 11,644,094.293 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Revenue & Grants​: Revenue (LKR mn) 938,335.266 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,624,259.612 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Recurrent (LKR mn) 1,371,994.242 Dec 2023 quarterly Mar 2014 - Dec 2023
Overall Fiscal Surplus/Deficit (LKR mn) -668,691.039 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Capital & Net Lending (LKR mn) 252,265.370 Dec 2023 quarterly Mar 2014 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -557.7 Apr 2024 monthly Jan 1982 - Apr 2024
Total Exports (USD mn) 877.6 Apr 2024 monthly Jan 1982 - Apr 2024
Total Exports Growth (%) 3.4 Apr 2024 monthly Jan 1983 - Apr 2024
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) 1,435.2 Apr 2024 monthly Jan 1982 - Apr 2024
Total Imports Growth (%) 0.3 Apr 2024 monthly Jan 1983 - Apr 2024
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) 228.817 Feb 2024 monthly Jan 1978 - Feb 2024
Total Imports from USA (USD mn) 34.983 Feb 2024 monthly Jan 1978 - Feb 2024
Total Exports to China (USD mn) 22.337 Feb 2024 monthly Jan 2016 - Feb 2024
Total Imports from China (USD mn) 218.434 Feb 2024 monthly Jan 2016 - Feb 2024
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Imports: Intermediate Goods: Fuel (LKR mn) 107,685.423 Apr 2024 monthly Jan 1995 - Apr 2024
Imports: Investment Goods (LKR mn) 68,757.575 Apr 2024 monthly Jan 1995 - Apr 2024
Imports: Intermediate Goods (LKR mn) 283,739.435 Apr 2024 monthly Jan 1995 - Apr 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 62,392.715 Apr 2024 monthly Jan 1995 - Apr 2024
Imports: Consumer Goods (LKR mn) 76,815.463 Apr 2024 monthly Jan 1995 - Apr 2024
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Imports: Singapore (USD mn) 871.000 2022 yearly 2003 - 2022
Imports: Japan (USD mn) 252.000 2022 yearly 2003 - 2022
Imports: United Arab Emirates (USD mn) 666.000 2022 yearly 2003 - 2022
Import Volume Index (IVoI): 2010=100 (2010=100) 142.093 Apr 2024 monthly Jan 2010 - Apr 2024
Export Volume Index (EVoI): 2010=100 (2010=100) 186.753 Apr 2024 monthly Jan 2010 - Apr 2024
Terms of Trade Index: 2010=100 (2010=100) 72.348 Apr 2024 monthly Jan 2010 - Apr 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Current Account Balance (USD mn) 237.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 46.216 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,031.5 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,439.912 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) 793.113 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account: Credit (USD mn) 6,143.302 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -666.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets (USD mn) 563.424 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Direct Investment (DI) (USD mn) 8.483 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities (USD mn) 406.899 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 126.558 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods (USD mn) -1,559.075 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account (CP) (USD mn) 8.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account: Debit (USD mn) 5,906.148 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,462.666 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Secondary Income (USD mn) 1,544.343 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account (CA) (USD mn) 237.154 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods: Credit (USD mn) 2,928.692 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Secondary Income: Credit (USD mn) 1,625.386 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services (USD mn) 918.441 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 173.433 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account: Credit (USD mn) 16.646 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 250.896 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods: Debit (USD mn) 4,487.767 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & Capital Account (USD mn) 245.710 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 593.539 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Debit (USD mn) 5,914.238 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Credit (USD mn) 6,159.948 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 111.092 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Other Investment (OI) (USD mn) -212.031 Dec 2023 quarterly Mar 2012 - Dec 2023
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
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
International Investment Position (IIP): Net (USD mn) -51,439.912 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Assets (USD mn) 12,546.277 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Liabilities (USD mn) 63,986.189 Dec 2023 quarterly Dec 2012 - Dec 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 (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Money Supply M1 (USD mn) 5,729.197 Mar 2024 monthly Jan 1994 - Mar 2024
Money Supply M2 (USD mn) 39,085.873 Mar 2024 monthly Jan 1994 - Mar 2024
M2 Growth (%) 10.1 Mar 2024 monthly Jan 1995 - Mar 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 5,389.2 Apr 2024 monthly Dec 1956 - Apr 2024
Foreign Exchange Reserves: Months of Import (NA) 3.8 Apr 2024 monthly Jan 1982 - Apr 2024
Gold Reserves (USD mn) 34.626 Apr 2024 monthly Dec 1977 - Apr 2024
Total Deposits (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Total Deposits Growth (%) 6.7 Jul 2023 monthly Dec 2003 - Jul 2023
Domestic Credit (USD mn) 9,994.3 Mar 2024 monthly Jan 1996 - Mar 2024
Domestic Credit Growth (%) -81.6 Mar 2024 monthly Jan 1997 - Mar 2024
Household Debt (USD mn) 5,580.5 Jun 2023 quarterly Jun 2010 - Jun 2023
Total Loans (USD mn) 27,727.098 Mar 2024 monthly Dec 1983 - Mar 2024
Total Loans Growth (%) 3.05 Mar 2024 monthly Dec 1984 - Mar 2024
Private Debt: % of Nominal GDP (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
Official Reserve Assets (ORA) (USD mn) 5,470.639 Apr 2024 monthly Nov 2013 - Apr 2024
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 5,389.193 Apr 2024 monthly Nov 2013 - Apr 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,714,837.000 Jun 2023 quarterly Jun 2010 - Jun 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) 93.000 Dec 2023 quarterly Jun 2014 - Dec 2023
Purchasing Managers Index: Manufacturing (Index) 42.000 Apr 2024 monthly May 2015 - Apr 2024

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