Government Spending in Sri Lanka increased to 1130674 LKR Million in 2017 from 1015106.70 LKR Million in 2016. Government Spending in Sri Lanka averaged 165849.80 LKR Million from 1950 until 2017, reaching an all time high of 1130674 LKR Million in 2017 and a record low of 440 LKR Million in 1950.

Government Spending in Sri Lanka is expected to be 1035409.00 LKR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Spending is projected to trend around 1216145.00 LKR Million in 2020, according to our econometric models.

Sri Lanka Government Spending
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Sri Lanka Government Last Previous Highest Lowest Unit
Government Debt to GDP 77.60 78.80 108.70 16.30 percent [+]
Government Budget -5.50 -5.40 -5.40 -10.20 percent of GDP [+]
Government Budget Value -733494.00 -640325.00 -10483.00 -829502.00 LKR Million [+]
Government Spending 1130674.00 1015106.70 1130674.00 440.00 LKR Million [+]
Credit Rating 37.50 [+]
Fiscal Expenditure 2573056.00 2333883.00 2573056.00 19192.00 LKR Million [+]
Government Debt 10994448.00 10654098.00 10994448.00 310779.00 LKR Million [+]
Government Revenues 1839562.00 1693558.00 1839562.00 15642.00 LKR Million [+]
Military Expenditure 1842.50 1741.50 1996.30 7.50 USD Million [+]


Sri Lanka Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Sri Lanka Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1130674.00 1015106.70 1130674.00 440.00 1950 - 2017 LKR Million Yearly
Current Prices, NSA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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