Taxes less subsidies on products in Sri Lanka
Sri Lanka: Taxes less subsidies on products was 3.79 trillion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Sri Lanka, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, taxes less subsidies on products in Sri Lanka stood at 3.79 trillion current LCU. That is the highest value across all 16 years on record.
The figure is up 45.6% on the previous year and up 307.5% over ten years.
Over the whole period, taxes less subsidies on products in Sri Lanka peaked at 3.79 trillion current LCU in 2025 and was at its lowest, 601.48 billion current LCU, in 2011.
Sri Lanka ranks 28th of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Sri Lanka, year by year
| Year | current LCU | Change |
|---|---|---|
| 2010 | 673.45 billion current LCU | — |
| 2011 | 601.48 billion current LCU | -10.7% |
| 2012 | 621.64 billion current LCU | +3.4% |
| 2013 | 672.25 billion current LCU | +8.1% |
| 2014 | 729.92 billion current LCU | +8.6% |
| 2015 | 929.64 billion current LCU | +27.4% |
| 2016 | 1.13 trillion current LCU | +21.8% |
| 2017 | 1.32 trillion current LCU | +16.9% |
| 2018 | 1.34 trillion current LCU | +1.0% |
| 2019 | 1.24 trillion current LCU | -7.1% |
| 2020 | 888.78 billion current LCU | -28.4% |
| 2021 | 947.84 billion current LCU | +6.6% |
| 2022 | 1.13 trillion current LCU | +18.8% |
| 2023 | 1.71 trillion current LCU | +52.2% |
| 2024 | 2.60 trillion current LCU | +51.8% |
| 2025 | 3.79 trillion current LCU | +45.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 926.45 billion current LCU | 601.48 billion current LCU | 1.34 trillion current LCU | 10 |
| 2020s | 1.84 trillion current LCU | 888.78 billion current LCU | 3.79 trillion current LCU | 6 |
Countries ranked near Sri Lanka
- 25 Madagascar 6.72 trillion current LCU compare
- 26 Cote d'Ivoire 4.73 trillion current LCU compare
- 27 Costa Rica 3.90 trillion current LCU compare
- 29 Japan 3.66 trillion current LCU compare
- 30 Cameroon 2.44 trillion current LCU compare
- 31 Mexico 2.35 trillion current LCU 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)
- Industry (including construction), value added (constant 2015 US$) 7.79 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2432 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,216 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 7.79 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 33.06 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 165,349 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.8 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5463 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Sri Lanka?
- Taxes less subsidies on products in Sri Lanka was 3.79 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Sri Lanka?
- The highest recorded value was 3.79 trillion current LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Sri Lanka?
- The lowest recorded value was 601.48 billion current LCU in 2011.
- How does Sri Lanka rank for taxes less subsidies on products?
- Sri Lanka ranks 28th out of 197 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Sri Lanka?
- Over the last ten years it is up 307.5%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.