Sri Lanka Government Spending to GDP

General government expenditure as a percentage of GDP.

Government Spending to GDP in Sri Lanka decreased to 19.32 percent of GDP in 2024 from 19.54 percent of GDP in 2023.

19.3%
▼ −0.2 pp2024 · previous 19.5%Annual · percent of GDP · Source: IMF — Public Finances in Modern History

Sri Lanka Government Spending to GDP — History

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Sri Lanka Government Spending to GDP — analysis in simple words

Latest reading

Government Spending to GDP in Sri Lanka decreased to 19.32 percent of GDP in 2024 from 19.54 percent of GDP in 2023.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2023) it was 19.5%, so the latest figure is 0.2 percentage points lower.

Over the past five years the average was 19.9%, with a range from 18.6% to 22.1%. The latest value is below that five-year average.

Historical context

This data series starts in 1990 and has 35 annual observations. The latest reading is higher than 34% of all of them.

The highest value on record is 26.4% (1991) and the lowest is 16.6% (2013). The long-run average is 20.5%.

Compared with other countries

Among 151 economies with recent data, Sri Lanka ranks 127th from the top. The median across all these economies is 30.3%, so Sri Lanka is below the typical country.

Within South Asia (5 economies with data) it ranks 4th; the regional median is 27.1%.

Statistics

Latest
19.3%2024
Previous
19.5%
5-year average
19.9%
Long-run average
20.5%since 1990
All-time high
26.4%1991
All-time low
16.6%2013
Observations
35Annual

Recent Data

PeriodValueChange
202419.3%▼ −0.2 pp
202319.5%▲ +0.9 pp
202218.6%▼ −1.4 pp
202120.0%▼ −2.1 pp
202022.1%▲ +2.7 pp
201919.5%▲ +1.9 pp
201817.5%▼ −0.3 pp
201717.9%▼ −0.3 pp
201618.2%▼ −1.1 pp
201519.3%▲ +2.1 pp
201417.2%▲ +0.6 pp
201316.6%▼ −0.7 pp
201217.3%▼ −1.8 pp
201119.1%▼ −0.2 pp
201019.3%▼ −1.7 pp
200921.0%▲ +1.9 pp
200819.1%▼ −0.8 pp
200719.9%▼ −0.6 pp
200620.5%▲ +0.4 pp
200520.1%▲ +0.9 pp
200419.3%▼ −0.1 pp
200319.3%▼ −1.5 pp
200220.8%▼ −1.6 pp
200122.4%▲ +0.7 pp
200021.7%▲ +1.2 pp
199920.5%▼ −0.9 pp
199821.4%▼ −0.0 pp
199721.4%▼ −1.7 pp
199623.1%▼ −1.7 pp
199524.8%

Government Spending to GDP — Sri Lanka vs Peers

Latest available reading for each economy (periods may differ). Sri Lanka highlighted.

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More Sri Lanka indicators

Understanding Government Spending to GDP — a simple guide

What it measures

General government expenditure as a percentage of GDP.

How it is calculated

Total government expenditure ÷ GDP × 100.

Simple example

28% means government spending equals 28% of GDP.

▲ When it is high or rising

A large public sector role in the economy.

▼ When it is low or falling

A smaller public sector role.

Why it matters for the economy and markets

The ratio shows the size of the public sector in the economy.

How to read it

Read with revenue: the gap between the two is the fiscal balance.

Data source

IMF — Public Finances in Modern History (series exp), annual data from 1990 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current government spending to gdp of Sri Lanka?
Sri Lanka government spending to gdp was 19.3% in 2024, compared with 19.5% in the previous period, according to IMF — Public Finances in Modern History.
What is the highest and lowest government spending to gdp of Sri Lanka?
Since 1990, the highest reading was 26.4% (1991) and the lowest was 16.6% (2013).
What does government spending to gdp measure?
General government expenditure as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.