Sri Lanka recorded a Government Budget deficit equal to 6.80 percent of the country's Gross Domestic Product in 2024. Government Budget in Sri Lanka averaged -7.68 percent of GDP from 1990 until 2024, reaching an all time high of -5.00 percent of GDP in 2016 and a record low of -11.70 percent of GDP in 2021. source: Central Bank of Sri Lanka
Government Budget in Sri Lanka is expected to reach -6.50 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Budget is projected to trend around -6.20 percent of GDP in 2026 and -6.50 percent of GDP in 2027, according to our econometric models.