Annual growth of the general government final consumption expenditure in Sri Lanka
Sri Lanka: Annual growth of the general government final consumption expenditure was -1.8% in 2024. ◆ Volatile
Latest (2024)
-1.8%
Change on year
up 66.0%
World rank
160th
of 181 countries
All-time high
19.2%
in 2000
All-time low
-10.0%
in 2002
Years of data
19
2000–2024
Annual growth of the general government final consumption expenditure in Sri Lanka, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Sri Lanka stood at -1.8%.
The figure is up 66.0% on the previous year and down 1,630.0% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Sri Lanka peaked at 19.2% in 2000 and was at its lowest, -10.0%, in 2002.
That places Sri Lanka 160th out of 181 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19.2% | — |
| 2001 | -4.1% | -121.2% |
| 2002 | -10.0% | +144.5% |
| 2003 | 4.8% | -147.8% |
| 2004 | 9.3% | +94.0% |
| 2005 | 12.0% | +29.7% |
| 2006 | 9.6% | -20.2% |
| 2007 | 7.4% | -22.7% |
| 2008 | 9.8% | +32.0% |
| 2009 | 16.0% | +63.6% |
| 2016 | 0.1% | -99.2% |
| 2017 | 5.5% | +4456.2% |
| 2018 | 18.7% | +240.0% |
| 2019 | 6.6% | -64.9% |
| 2020 | 0.0% | -99.9% |
| 2021 | -2.8% | -31305.8% |
| 2022 | 1.4% | -149.3% |
| 2023 | -5.4% | -492.0% |
| 2024 | -1.8% | -66.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.4% | -10.0% | 19.2% | 10 |
| 2010s | 7.7% | 0.1% | 18.7% | 4 |
| 2020s | -1.7% | -5.4% | 1.4% | 5 |
Countries ranked near Sri Lanka
- 157 Puerto Rico -1.8% compare
- 158 Brunei Darussalam -1.8% compare
- 158 Brunei Darussalam -1.8% compare
- 161 Kiribati -2.2% compare
- 162 Bahrain -2.4% compare
- 163 Republic of Moldova -3.6% compare
- 163 Republic of Moldova -3.6% compare
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- Foreign direct investment, net outflows (BoP, current US$), gaps 110.33 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0011 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 761.14 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 34.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Sri Lanka?
- Annual growth of the general government final consumption expenditure in Sri Lanka was -1.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Sri Lanka?
- The highest recorded value was 19.2% in 2000.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Sri Lanka?
- The lowest recorded value was -10.0% in 2002.
- How does Sri Lanka rank for annual growth of the general government final consumption expenditure?
- Sri Lanka ranks 160th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Sri Lanka?
- Over the last ten years it is down 1,630.0%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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