Central government debt, total in Sri Lanka
Sri Lanka: Central government debt, total was 8.50 trillion current LCU in 2015. ◆ Volatile
Central government debt, total in Sri Lanka, 1990–2015
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for central government debt, total in Sri Lanka is 8.50 trillion current LCU, measured in 2015. That is the highest value across all 25 years on record.
That represents a change of up 15.0% on the previous year and up 282.6% over ten years.
Over the whole period, central government debt, total in Sri Lanka peaked at 8.50 trillion current LCU in 2015 and was at its lowest, 310.78 billion current LCU, in 1990.
Sri Lanka ranks 18th of 83 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 618.37 billion current LCU | 310.78 billion current LCU | 1.05 trillion current LCU | 10 |
| 2000s | 2.26 trillion current LCU | 1.22 trillion current LCU | 4.16 trillion current LCU | 9 |
| 2010s | 6.40 trillion current LCU | 4.59 trillion current LCU | 8.50 trillion current LCU | 6 |
Countries ranked near Sri Lanka
- 15 Brazil 9.64 trillion current LCU compare
- 16 Malawi 9.59 trillion current LCU compare
- 17 Burkina Faso 9.00 trillion current LCU compare
- 19 South Africa 6.09 trillion current LCU compare
- 20 Philippines 5.74 trillion current LCU compare
- 21 Cameroon 5.66 trillion current LCU compare
More public sector data for Sri Lanka
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Tax revenue 9.9% (2023)
- Taxes on income, profits and capital gains 29.6% (2023)
- Taxes on goods and services 46.1% (2023)
- Net investment in nonfinancial assets 2.4% (2023)
- Net lending (+) / net borrowing (-) -9.2% (2023)
- Interest payments 79.9% (2023)
- Grants and other revenue 10.3% (2023)
- Interest payments 49.4% (2023)
- Other taxes 0.0% (2023)
Frequently asked questions
- What is central government debt, total in Sri Lanka?
- Central government debt, total in Sri Lanka was 8.50 trillion current LCU in 2015, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest central government debt, total recorded in Sri Lanka?
- The highest recorded value was 8.50 trillion current LCU in 2015.
- What is the lowest central government debt, total recorded in Sri Lanka?
- The lowest recorded value was 310.78 billion current LCU in 1990.
- How does Sri Lanka rank for central government debt, total?
- Sri Lanka ranks 18th out of 83 countries with data for 2015.
- Is central government debt, total rising or falling in Sri Lanka?
- Over the last ten years it is up 282.6%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Central government debt, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.