Gross public sector debt as a share of gross domestic product in Sri Lanka
Sri Lanka: Gross public sector debt as a share of gross domestic product was 96.8% in 2024. ▲ Rising
Gross public sector debt as a share of gross domestic product in Sri Lanka, 2010–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, gross public sector debt as a share of gross domestic product in Sri Lanka stood at 96.8%.
The figure is down 10.2% on the previous year and up 40.9% over ten years.
Over the whole period, gross public sector debt as a share of gross domestic product in Sri Lanka peaked at 113.6% in 2022 and was at its lowest, 66.4%, in 2012.
Sri Lanka ranks 7th of 49 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
Gross public sector debt as a share of gross domestic product in Sri Lanka, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 69.6% | — |
| 2011 | 69.3% | -0.4% |
| 2012 | 66.4% | -4.3% |
| 2013 | 68.4% | +3.0% |
| 2014 | 68.7% | +0.5% |
| 2015 | 71.1% | +3.5% |
| 2016 | 71.5% | +0.6% |
| 2017 | 69.3% | -3.2% |
| 2018 | 75.6% | +9.2% |
| 2019 | 79.6% | +5.3% |
| 2020 | 92.8% | +16.5% |
| 2021 | 94.9% | +2.3% |
| 2022 | 113.6% | +19.7% |
| 2023 | 107.8% | -5.2% |
| 2024 | 96.8% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 71.0% | 66.4% | 79.6% | 10 |
| 2020s | 101.2% | 92.8% | 113.6% | 5 |
Countries ranked near Sri Lanka
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 10.84 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.2353 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 1,177 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -62.31 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -61.68 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 8.68 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 25.17 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 125,886 current LCU per person (2025)
Frequently asked questions
- What is gross public sector debt as a share of gross domestic product in Sri Lanka?
- Gross public sector debt as a share of gross domestic product in Sri Lanka was 96.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest gross public sector debt as a share of gross domestic product recorded in Sri Lanka?
- The highest recorded value was 113.6% in 2022.
- What is the lowest gross public sector debt as a share of gross domestic product recorded in Sri Lanka?
- The lowest recorded value was 66.4% in 2012.
- How does Sri Lanka rank for gross public sector debt as a share of gross domestic product?
- Sri Lanka ranks 7th out of 49 countries with data for 2024.
- Is gross public sector debt as a share of gross domestic product rising or falling in Sri Lanka?
- Over the last ten years it is up 40.9%. The long-run trend across the full record is rising.
- Where does this Sri Lanka data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Gross public sector debt as a share of gross domestic product. Statizoid updates them automatically from the source API.
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About this data
Gross public sector debt, Central Government, as a proportion of GDP (%).