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.
Find more key insights for the budget balance in relation to the GDP in countries like Nepal, Bhutan, and India.
Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP
Characteristic
Budget balance in relation to GDP
2022
-10.22%
2021
-11.69%
2020
-12.21%
2019
-7.52%
2018
-4.96%
2017
-5.1%
2016
-5%
2015
-6.64%
2014
-5.99%
2013
-5%
2012
-5.44%
Created with Highcharts 7.2.2Budget balance in relation to GDP-5.44%-5.44%-5%-5%-5.99%-5.99%-6.64%-6.64%-5%-5%-5.1%-5.1%-4.96%-4.96%-7.52%-7.52%-12.21%-12.21%-11.69%-11.69%-10.22%-10.22%20122013201420152016201720182019202020212022
-14%-12%-10%-8%-6%-4%-2%0%
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IMF. (October 22, 2024). Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP [Graph]. In Statista. Retrieved February 18, 2025, from https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/
IMF. "Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP." Chart. October 22, 2024. Statista. Accessed February 18, 2025. https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/
IMF. (2024). Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP. Statista. Statista Inc.. Accessed: February 18, 2025. https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/
IMF. "Sri Lanka: Budget Balance between 2012 to 2022 in Relation to Gdp." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/
IMF, Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP Statista, https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/ (last visited February 18, 2025)
Sri Lanka: Budget balance between 2012 to 2022 in relation to GDP [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/728525/sri-lanka-budget-balance-in-relation-to-gdp/
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