Sri Lanka vs Upper middle income: Taxes on goods and services

Sri Lanka
46.1%
in 2023
Upper middle income
33.6%
in 2024
Sri Lanka rank
16th
Upper middle income rank
15th

Taxes on goods and services over time

  • Sri Lanka
  • Upper middle income
0204060199020072024

How they compare

Sri Lanka currently reports 46.1% against 33.6% in Upper middle income, a difference of 12.5%.

That makes Sri Lanka's figure about 1.4 times Upper middle income's.

Across all 26 years both countries report, Sri Lanka has been ahead every year.

Sri Lanka ranks 16th and Upper middle income ranks 15th of 156 countries.

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

Head to head by decade

Decade Sri Lanka Upper middle income Difference Ahead
1990s 50.8% 37.0% 13.8% Sri Lanka
2000s 50.8% 38.1% 12.7% Sri Lanka
2010s 48.2% 37.1% 11.1% Sri Lanka
2020s 43.7% 35.2% 8.6% Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services, Sri Lanka or Upper middle income?
Sri Lanka, at 46.1% against 33.6% in Upper middle income as of 2023.
What is the difference in taxes on goods and services between Sri Lanka and Upper middle income?
12.5%, with Sri Lanka ahead.
How many years of comparable data are there for Sri Lanka and Upper middle income?
26 years are reported by both, from 1996 to 2023.
How do Sri Lanka and Upper middle income rank globally for taxes on goods and services?
Sri Lanka ranks 16th and Upper middle income ranks 15th of 156 countries.
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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Sri Lanka vs Upper middle income: 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/sri-lanka/upper-middle-income/

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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.