Interest payments in Sri Lanka
Sri Lanka: Interest payments was 2.46 trillion current LCU in 2023. ◆ Volatile
Interest payments in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for interest payments in Sri Lanka is 2.46 trillion current LCU, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 56.9% on the previous year and up 453.1% over ten years.
Over the whole period, interest payments in Sri Lanka peaked at 2.46 trillion current LCU in 2023 and was at its lowest, 20.67 billion current LCU, in 1990.
Sri Lanka ranks 16th of 155 countries on this measure, in the top 10%.
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 | 39.51 billion current LCU | 20.67 billion current LCU | 62.12 billion current LCU | 10 |
| 2000s | 150.27 billion current LCU | 71.20 billion current LCU | 309.68 billion current LCU | 10 |
| 2010s | 560.81 billion current LCU | 352.59 billion current LCU | 901.35 billion current LCU | 10 |
| 2020s | 1.51 trillion current LCU | 980.30 billion current LCU | 2.46 trillion current LCU | 4 |
Countries ranked near Sri Lanka
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 interest payments in Sri Lanka?
- Interest payments in Sri Lanka was 2.46 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Sri Lanka?
- The highest recorded value was 2.46 trillion current LCU in 2023.
- What is the lowest interest payments recorded in Sri Lanka?
- The lowest recorded value was 20.67 billion current LCU in 1990.
- How does Sri Lanka rank for interest payments?
- Sri Lanka ranks 16th out of 155 countries with data for 2023.
- Is interest payments rising or falling in Sri Lanka?
- Over the last ten years it is up 453.1%. 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. 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.