Name: Sri Lanka Government Spending
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Sri Lanka,Government Spending,data,chart,actual,historical,values,calendar,forecast,graph,2025,2026,2027

Government Spending in Sri Lanka increased to 2080782 LKR Million in 2024 from 1858375 LKR Million in 2023. Government Spending in Sri Lanka averaged 307644.60 LKR Million from 1950 until 2024, reaching an all time high of 2080782.00 LKR Million in 2024 and a record low of 440.00 LKR Million in 1950. source: Central Bank of Sri Lanka

Government Spending in Sri Lanka is expected to reach 2166094.00 LKR Million by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Spending is projected to trend around 2226745.00 LKR Million in 2027 and 2304681.00 LKR Million in 2028, according to our econometric models.

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	6130739.00	5356591.00	LKR Million	Dec 2024
Government Budget	-6.80	-8.30	percent of GDP	Dec 2024
Government Budget Value	-2039931.00	-2282267.00	LKR Million	Dec 2024
Government Debt	29675806.00	29634781.00	LKR Million	Sep 2025
Government Debt to GDP	96.10	104.70	percent of GDP	Dec 2024
Government Revenues	4090808.00	3074324.00	LKR Million	Dec 2024
Government Spending	2080782.00	1858375.00	LKR Million	Dec 2024

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.