Small states vs Sri Lanka: Taxes on goods and services

Small states
33.4%
in 2022
Sri Lanka
46.1%
in 2023
Small states rank
17th
Sri Lanka rank
16th

Taxes on goods and services over time

  • Small states
  • Sri Lanka
0204060199020062023

How they compare

Sri Lanka currently reports 46.1% against 33.4% in Small states, a difference of 12.7%.

That makes Sri Lanka's figure about 1.4 times Small states's.

Across all 32 years both countries report, Sri Lanka has been ahead every year.

Small states ranks 17th and Sri Lanka ranks 16th of 41 groups.

Sri Lanka has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Small states Sri Lanka Difference Ahead
1990s 33.7% 48.0% 14.2% Sri Lanka
2000s 32.8% 52.0% 19.3% Sri Lanka
2010s 26.8% 48.2% 21.4% Sri Lanka
2020s 31.1% 43.0% 11.8% Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Small states or Sri Lanka?
Sri Lanka, at 46.1% against 33.4% in Small states as of 2023.
What is the difference in taxes on goods and services between Small states and Sri Lanka?
12.7%, with Sri Lanka ahead.
How many years of comparable data are there for Small states and Sri Lanka?
32 years are reported by both, from 1991 to 2022.
How do Small states and Sri Lanka rank globally for taxes on goods and services?
Small states ranks 17th 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.

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Small states vs Sri Lanka: Taxes on goods and services. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-percent-of-revenue/small-states/sri-lanka/

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About this data

Indicator
Taxes on goods and services (% of revenue)
Unit
% of revenue
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
197 places, 5,703 data points, 1972–2024
Last refreshed

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.