Interest payments in Sri Lanka
Sri Lanka: Interest payments was 49.4% in 2023. ▲ Rising
Interest payments in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Sri Lanka is 49.4%, measured in 2023. That is the highest value across all 34 years on record.
The figure is up 19.7% on the previous year and up 56.7% over ten years.
Over the whole period, interest payments in Sri Lanka peaked at 49.4% in 2023 and was at its lowest, 22.1%, in 1995.
Sri Lanka ranks 1st of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.3% | 22.1% | 27.2% | 10 |
| 2000s | 27.6% | 24.3% | 33.5% | 10 |
| 2010s | 31.5% | 25.8% | 36.3% | 10 |
| 2020s | 39.4% | 32.9% | 49.4% | 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)
- Other taxes 0.0% (2023)
- Compensation of employees 18.9% (2023)
Frequently asked questions
- What is interest payments in Sri Lanka?
- Interest payments in Sri Lanka was 49.4% 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 49.4% in 2023.
- What is the lowest interest payments recorded in Sri Lanka?
- The lowest recorded value was 22.1% in 1995.
- How does Sri Lanka rank for interest payments?
- Sri Lanka ranks 1st out of 152 countries with data for 2023.
- Is interest payments rising or falling in Sri Lanka?
- Over the last ten years it is up 56.7%. The long-run trend across the full record is rising.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.