Revenue Statistics in Asia and the Pacific - Comparative tax and in Sri Lanka
Sri Lanka: Revenue Statistics in Asia and the Pacific - Comparative tax and was 12.54 Percentage of GDP in 2024. ▼ Falling
Revenue Statistics in Asia and the Pacific - Comparative tax and in Sri Lanka, 2006–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for revenue statistics in asia and the pacific - comparative tax and in Sri Lanka is 12.54 Percentage of GDP, measured in 2024. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 24.7% on the previous year and up 26.9% over ten years.
Over the whole period, revenue statistics in asia and the pacific - comparative tax and in Sri Lanka peaked at 12.54 Percentage of GDP in 2024 and was at its lowest, 7.47 Percentage of GDP, in 2022.
That places Sri Lanka 31st out of 35 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Revenue Statistics in Asia and the Pacific - Comparative tax and in Sri Lanka, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2006 | 12.51 Percentage of GDP | — |
| 2007 | 12.23 Percentage of GDP | -2.2% |
| 2008 | 11.41 Percentage of GDP | -6.7% |
| 2009 | 11.02 Percentage of GDP | -3.5% |
| 2010 | 11.1 Percentage of GDP | +0.8% |
| 2011 | 11.46 Percentage of GDP | +3.2% |
| 2012 | 10.24 Percentage of GDP | -10.6% |
| 2013 | 10.27 Percentage of GDP | +0.3% |
| 2014 | 9.89 Percentage of GDP | -3.8% |
| 2015 | 11.85 Percentage of GDP | +19.9% |
| 2016 | 11.56 Percentage of GDP | -2.4% |
| 2017 | 11.77 Percentage of GDP | +1.8% |
| 2018 | 11.32 Percentage of GDP | -3.8% |
| 2019 | 11.09 Percentage of GDP | -2.0% |
| 2020 | 7.98 Percentage of GDP | -28.0% |
| 2021 | 7.57 Percentage of GDP | -5.2% |
| 2022 | 7.47 Percentage of GDP | -1.3% |
| 2023 | 10.05 Percentage of GDP | +34.6% |
| 2024 | 12.54 Percentage of GDP | +24.7% |
Sri Lanka compared with similar countries
- Sri Lanka's 12.54 Percentage of GDP is below the median for upper middle income countries, which is 20.76 Percentage of GDP, 60% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where Revenue Statistics in Asia and the Pacific - Comparative tax and in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +34.6% | 7.47 Percentage of GDP | 10.05 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.79 Percentage of GDP | 11.02 Percentage of GDP | 12.51 Percentage of GDP | 4 |
| 2010s | 11.05 Percentage of GDP | 9.89 Percentage of GDP | 11.85 Percentage of GDP | 10 |
| 2020s | 9.12 Percentage of GDP | 7.47 Percentage of GDP | 12.54 Percentage of GDP | 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 revenue statistics in asia and the pacific - comparative tax and in Sri Lanka?
- Revenue statistics in asia and the pacific - comparative tax and in Sri Lanka was 12.54 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest revenue statistics in asia and the pacific - comparative tax and recorded in Sri Lanka?
- The highest recorded value was 12.54 Percentage of GDP in 2024.
- What is the lowest revenue statistics in asia and the pacific - comparative tax and recorded in Sri Lanka?
- The lowest recorded value was 7.47 Percentage of GDP in 2022.
- How does Sri Lanka rank for revenue statistics in asia and the pacific - comparative tax and?
- Sri Lanka ranks 31st out of 35 countries with data for 2024.
- Is revenue statistics in asia and the pacific - comparative tax and rising or falling in Sri Lanka?
- Over the last ten years it is up 26.9%. The long-run trend across the full record is falling.
- Where does this Sri Lanka data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Revenue Statistics in Asia and the Pacific - Comparative tax and non-tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax and non-tax revenue data from Revenue Statistics in Asia and the Pacific economies presented as a percentage of GDP and as a share of total tax or non-tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax, non-tax revenues, grants, royalties, fines, penalties, administrative fees, resource rents, sales of goods and services.