Revenue, excluding grants in Sri Lanka
Sri Lanka: Revenue, excluding grants was 11.1% in 2023. ▼ Falling
Revenue, excluding grants in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Sri Lanka recorded 11.1% for revenue, excluding grants in 2023.
That represents a change of up 34.6% on the previous year and down 3.3% over ten years.
Over the whole period, revenue, excluding grants in Sri Lanka peaked at 21.0% in 1990 and was at its lowest, 8.2%, in 2022.
That places Sri Lanka 147th out of 157 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Revenue, excluding grants in Sri Lanka, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 21.0% | — |
| 1991 | 20.5% | -2.3% |
| 1992 | 20.2% | -1.7% |
| 1993 | 19.7% | -2.3% |
| 1994 | 19.0% | -3.6% |
| 1995 | 20.4% | +7.3% |
| 1996 | 19.0% | -6.6% |
| 1997 | 18.5% | -2.8% |
| 1998 | 17.2% | -7.1% |
| 1999 | 17.7% | +3.1% |
| 2000 | 16.8% | -5.2% |
| 2001 | 16.6% | -0.9% |
| 2002 | 16.4% | -1.3% |
| 2003 | 15.2% | -7.7% |
| 2004 | 14.9% | -1.8% |
| 2005 | 15.5% | +3.9% |
| 2006 | 16.2% | +4.8% |
| 2007 | 15.8% | -2.8% |
| 2008 | 14.9% | -5.8% |
| 2009 | 14.5% | -2.6% |
| 2010 | 12.3% | -14.8% |
| 2011 | 12.5% | +1.2% |
| 2012 | 11.7% | -6.3% |
| 2013 | 11.4% | -2.1% |
| 2014 | 10.9% | -4.5% |
| 2015 | 12.6% | +15.1% |
| 2016 | 13.2% | +4.6% |
| 2017 | 12.7% | -3.2% |
| 2018 | 12.5% | -1.8% |
| 2019 | 11.9% | -5.0% |
| 2020 | 8.7% | -26.4% |
| 2021 | 8.3% | -5.4% |
| 2022 | 8.2% | -0.6% |
| 2023 | 11.1% | +34.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.3% | 17.2% | 21.0% | 10 |
| 2000s | 15.7% | 14.5% | 16.8% | 10 |
| 2010s | 12.2% | 10.9% | 13.2% | 10 |
| 2020s | 9.1% | 8.2% | 11.1% | 4 |
Countries ranked near Sri Lanka
- 144 Guatemala 12.8% compare
- 145 Mali 12.7% compare
- 146 Madagascar 12.2% compare
- 148 Panama 10.7% compare
- 149 Guinea-Bissau 10.2% compare
- 150 Bangladesh 9.5% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 5.96 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 203.1 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 1.02 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.26 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.6 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3,001 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 6.33 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7423 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Sri Lanka?
- Revenue, excluding grants in Sri Lanka was 11.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Sri Lanka?
- The highest recorded value was 21.0% in 1990.
- What is the lowest revenue, excluding grants recorded in Sri Lanka?
- The lowest recorded value was 8.2% in 2022.
- How does Sri Lanka rank for revenue, excluding grants?
- Sri Lanka ranks 147th out of 157 countries with data for 2023.
- Is revenue, excluding grants rising or falling in Sri Lanka?
- Over the last ten years it is down 3.3%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.