Low & middle income vs Sri Lanka: Taxes on goods and services
Taxes on goods and services over time
- Low & middle income
- Sri Lanka
How they compare
Sri Lanka currently reports 46.1% against 33.4% in Low & middle income, a difference of 12.7%.
That makes Sri Lanka's figure about 1.4 times Low & middle income's.
Across all 16 years both countries report, Sri Lanka has been ahead every year.
Low & middle income ranks 18th and Sri Lanka ranks 16th of 41 groups.
Sri Lanka has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Low & middle income | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 31.7% | 41.1% | 9.4% | Sri Lanka |
| 2010s | 34.6% | 48.2% | 13.6% | Sri Lanka |
| 2020s | 34.4% | 43.7% | 9.3% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Low & middle income or Sri Lanka?
- Sri Lanka, at 46.1% against 33.4% in Low & middle income as of 2023.
- What is the difference in taxes on goods and services between Low & middle income and Sri Lanka?
- 12.7%, with Sri Lanka ahead.
- How many years of comparable data are there for Low & middle income and Sri Lanka?
- 16 years are reported by both, from 2008 to 2023.
- How do Low & middle income and Sri Lanka rank globally for taxes on goods and services?
- Low & middle income ranks 18th and Sri Lanka ranks 16th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.