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

Latest (2025)
46.16 % change on previous year
Change on year
down 28.5%
World rank
7th
of 197 countries
All-time high
64.54 % change on previous year
in 2024
All-time low
-31.05 % change on previous year
in 2020
Years of data
15
2011–2025

Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka, 2011–2025

-40-2002040602011201820252011: -8.7 % change on previous year2012: -10.4 % change on previous year2013: 6.9 % change on previous year2014: 7.4 % change on previous year2015: 22.3 % change on previous year2016: 13.7 % change on previous year2017: 11.7 % change on previous year2018: -5.2 % change on previous year2019: -15.6 % change on previous year2020: -31.1 % change on previous year2021: -0.518 % change on previous year2022: -27.2 % change on previous year2023: 50.8 % change on previous year2024: 64.5 % change on previous year2025: 46.2 % change on previous year

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

Annual values for Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka, 2011 to 2025.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 4 Angola 73.81 % change on previous year compare
  2. 5 Libya 61.03 % change on previous year compare
  3. 6 Micronesia, Federated States of 54.59 % change on previous year compare
  4. 8 Lebanon 43.63 % change on previous year compare
  5. 9 Ghana 37.53 % change on previous year compare
  6. 10 Uzbekistan 35.69 % change on previous year compare

See the full ranking of 197 places →

More economy & growth data for Sri Lanka

All data for Sri Lanka →

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.

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Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/sri-lanka/

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<a href="https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-annual-growth-rate/sri-lanka/">Taxes less subsidies on products (current US$), annual growth rate in Sri Lanka</a> — Statizoid

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

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

Indicator
Taxes less subsidies on products (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,063 data points, 1961–2025
Last refreshed

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.