Taxes less subsidies on products in Sri Lanka
Sri Lanka: Taxes less subsidies on products was 12.59 billion current US$ in 2025. ▲ Rising
Taxes less subsidies on products in Sri Lanka, 2010–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Sri Lanka recorded 12.59 billion current US$ for taxes less subsidies on products in 2025. That is the highest value across all 16 years on record.
Compared with earlier readings it is up 46.2% on the previous year and up 84.1% over ten years.
Over the whole period, taxes less subsidies on products in Sri Lanka peaked at 12.59 billion current US$ in 2025 and was at its lowest, 3.47 billion current US$, in 2022.
That places Sri Lanka 55th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products in Sri Lanka, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 5.96 billion current US$ | — |
| 2011 | 5.44 billion current US$ | -8.7% |
| 2012 | 4.87 billion current US$ | -10.4% |
| 2013 | 5.21 billion current US$ | +6.9% |
| 2014 | 5.59 billion current US$ | +7.4% |
| 2015 | 6.84 billion current US$ | +22.3% |
| 2016 | 7.78 billion current US$ | +13.7% |
| 2017 | 8.68 billion current US$ | +11.7% |
| 2018 | 8.23 billion current US$ | -5.2% |
| 2019 | 6.95 billion current US$ | -15.6% |
| 2020 | 4.79 billion current US$ | -31.1% |
| 2021 | 4.77 billion current US$ | -0.5% |
| 2022 | 3.47 billion current US$ | -27.2% |
| 2023 | 5.23 billion current US$ | +50.8% |
| 2024 | 8.61 billion current US$ | +64.5% |
| 2025 | 12.59 billion current US$ | +46.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.55 billion current US$ | 4.87 billion current US$ | 8.68 billion current US$ | 10 |
| 2020s | 6.58 billion current US$ | 3.47 billion current US$ | 12.59 billion current US$ | 6 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.75 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8843 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,424 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.34 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 266.14 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.33 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.43 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.8249 constant 2015 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 12.59 billion current US$ 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 12.59 billion current US$ in 2025.
- What is the lowest taxes less subsidies on products recorded in Sri Lanka?
- The lowest recorded value was 3.47 billion current US$ in 2022.
- How does Sri Lanka rank for taxes less subsidies on products?
- Sri Lanka ranks 55th 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 84.1%. The long-run trend across the full record is rising.
- 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 US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.