Sri Lanka's budget balance in relation to GDP 2022

The budget balance in relation to the GDP in Sri Lanka increased by 1.5 percentage points in 2022 in comparison to the previous year. In total, the budget balance amounted to -10.22 percent in 2022.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

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