Sri Lanka recorded a Government Budget deficit equal to 5.50 percent of the country's Gross Domestic Product in 2017. Government Budget in Sri Lanka averaged -7.42 percent of GDP from 1990 until 2017, reaching an all time high of -5.40 percent of GDP in 2013 and a record low of -10.20 percent of GDP in 2001.
Government Budget in Sri Lanka is expected to be -5.60 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Budget is projected to trend around -6.30 percent of GDP in 2020, according to our econometric models.
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