Gross public sector debt, Central Government, as a proportion of GDP in Sri Lanka
Sri Lanka: Gross public sector debt, Central Government, as a proportion of GDP was 96.8% in 2024. ▲ Rising
Latest (2024)
96.8%
Change on year
down 10.2%
World rank
8th
of 53 countries
All-time high
113.6%
in 2022
All-time low
66.4%
in 2012
Years of data
15
2010–2024
Gross public sector debt, Central Government, as a proportion of GDP in Sri Lanka, 2010–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Sri Lanka recorded 96.8% for gross public sector debt, central government, as a proportion of gdp in 2024.
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, central government, as a proportion of gdp in Sri Lanka peaked at 113.6% in 2022 and was at its lowest, 66.4%, in 2012.
Sri Lanka ranks 8th of 53 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, Central Government, as a proportion of GDP in Sri Lanka, year by year
| Year | Value | 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 | 107.7% | -5.2% |
| 2024 | 96.8% | -10.2% |
Sri Lanka compared with similar countries
- Sri Lanka's 96.8% is above the median for upper middle income countries, which is 69.4%, 1.4× the median. (9 countries reporting)
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)
- 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 gross public sector debt, central government, as a proportion of gdp in Sri Lanka?
- Gross public sector debt, central government, as a proportion of gdp in Sri Lanka was 96.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest gross public sector debt, central government, as a proportion of gdp recorded in Sri Lanka?
- The highest recorded value was 113.6% in 2022.
- What is the lowest gross public sector debt, central government, as a proportion of gdp recorded in Sri Lanka?
- The lowest recorded value was 66.4% in 2012.
- How does Sri Lanka rank for gross public sector debt, central government, as a proportion of gdp?
- Sri Lanka ranks 8th out of 53 countries with data for 2024.
- Is gross public sector debt, central government, as a proportion of gdp 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 United Nations Statistics Division, SDG Global Database, published as part of Gross public sector debt, Central Government, as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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