Ratio of military expenditure to gross domestic product (GDP) in Sri Lanka 2022

In 2022, the ratio of military expenditure to gross domestic product (GDP) in Sri Lanka decreased by 0.5 percentage points (-26.46 percent) compared to 2021. Therefore, the ratio in Sri Lanka saw its lowest number in that year with 1.43 percent. Over the observed period, the ratio has been subject to fluctuation.
Military expenditure figures refer to the amount of money spent on a country's armed forces, including peacekeeping and defense operations, among others. When comparing international figures, there may be some inconsistencies depending on what respective countries consider as military spending.

Find more statistics on other topics about Sri Lanka with key insights such as share of total labor force working for the armed forces, tax rate on international trade as a share of revenue earned, and proportion of seats held by women in the national parliament.