Taxes less subsidies on products (current US$) in Sri Lanka
Sri Lanka: Taxes less subsidies on products (current US$) 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$, in 2022.
That places Sri Lanka 55th out of 199 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 16 years of available data.
Taxes less subsidies on products (current US$) 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% |
Sri Lanka compared with similar countries
- Sri Lanka's 12.59 billion current US$ is above the median for upper middle income countries, which is 3.44 billion current US$, 3.7× the median. (55 countries reporting)
- Sri Lanka's 12.59 billion current US$ is above the median for South Asia, which is 8.24 billion current US$, 1.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.55 billion current US$ | 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)
- 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 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 199 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.
Download this data
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.