Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka
Sri Lanka: Taxes less subsidies on products (current US$), annual growth rate was 46.16 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka, 2011–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for taxes less subsidies on products (current us$), annual growth rate in Sri Lanka is 46.16 % change on previous year, measured in 2025.
That represents a change of down 28.5% on the previous year and up 106.8% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Sri Lanka peaked at 64.54 % change on previous year in 2024 and was at its lowest, -31.05 % change on previous year, in 2020.
That places Sri Lanka 7th out of 197 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2011 | -8.67 % change on previous year | — |
| 2012 | -10.45 % change on previous year | +20.5% |
| 2013 | 6.88 % change on previous year | -165.8% |
| 2014 | 7.37 % change on previous year | +7.2% |
| 2015 | 22.32 % change on previous year | +202.8% |
| 2016 | 13.72 % change on previous year | -38.5% |
| 2017 | 11.66 % change on previous year | -15.0% |
| 2018 | -5.22 % change on previous year | -144.8% |
| 2019 | -15.58 % change on previous year | +198.5% |
| 2020 | -31.05 % change on previous year | +99.3% |
| 2021 | -0.5183 % change on previous year | -98.3% |
| 2022 | -27.2 % change on previous year | +5147.3% |
| 2023 | 50.85 % change on previous year | -287.0% |
| 2024 | 64.54 % change on previous year | +26.9% |
| 2025 | 46.16 % change on previous year | -28.5% |
Sri Lanka compared with similar countries
- Sri Lanka's 46.16 % change on previous year is above the median for upper middle income countries, which is 7.9 % change on previous year, 5.8× the median. (55 countries reporting)
- Sri Lanka's 46.16 % change on previous year is above the median for South Asia, which is 8.02 % change on previous year, 5.8× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | -5147.3% | -0.5183 % change on previous year | -27.2 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.45 % change on previous year | -15.58 % change on previous year | 22.32 % change on previous year | 9 |
| 2020s | 17.13 % change on previous year | -31.05 % change on previous year | 64.54 % change on previous year | 6 |
Countries ranked near Sri Lanka
- 4 Angola 73.81 % change on previous year compare
- 5 Libya 61.03 % change on previous year compare
- 6 Micronesia (country) 54.59 % change on previous year compare
- 8 Lebanon 43.63 % change on previous year compare
- 9 Ghana 37.53 % change on previous year compare
- 10 Uzbekistan 35.69 % change on previous year compare
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- SDRs holdings, US dollar, annual growth rate -66.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0483 units per person (2025)
- SDRs holdings, SDR, annual growth rate -68.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0353 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 33.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0295 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Sri Lanka?
- Taxes less subsidies on products (current us$), annual growth rate in Sri Lanka was 46.16 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Sri Lanka?
- The highest recorded value was 64.54 % change on previous year in 2024.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Sri Lanka?
- The lowest recorded value was -31.05 % change on previous year in 2020.
- How does Sri Lanka rank for taxes less subsidies on products (current us$), annual growth rate?
- Sri Lanka ranks 7th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Sri Lanka?
- Over the last ten years it is up 106.8%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.