Sri Lanka recorded a Government Budget deficit equal to 11.10 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Sri Lanka

Government Budget in Sri Lanka averaged -7.54 percent of GDP from 1990 until 2020, reaching an all time high of -5.30 percent of GDP in 2016 and a record low of -11.10 percent of GDP in 2020. This page provides - Sri Lanka Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Government Budget - values, historical data and charts - was last updated on January of 2022.

Government Budget in Sri Lanka is expected to reach -9.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Budget is projected to trend around -7.50 percent of GDP in 2022 and -7.00 percent of GDP in 2023, according to our econometric models.

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Sri Lanka Government Budget


Related Last Previous Unit Reference
Government Debt to GDP 101.00 86.80 percent of GDP Dec/20
Government Budget -11.10 -9.60 percent of GDP Dec/20
Government Budget Value -1016483.00 -760769.00 LKR Million Dec/19
Government Spending 1556489.00 1416988.70 LKR Million Dec/20
Government Debt 16564520.00 16053804.00 LKR Million Jun/21
Government Revenues 1373308.00 1898808.00 LKR Million Dec/20
Fiscal Expenditure 3040996.00 2915291.00 LKR Million Dec/20
Sri Lanka Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.