Expense in Sri Lanka
Sri Lanka: Expense was 4.97 trillion current LCU in 2023. ◆ Volatile
Expense in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2023, expense in Sri Lanka stood at 4.97 trillion current LCU. That is the highest value across all 34 years on record.
The figure is up 31.1% on the previous year and up 253.0% over ten years.
Over the whole period, expense in Sri Lanka peaked at 4.97 trillion current LCU in 2023 and was at its lowest, 79.28 billion current LCU, in 1990.
Sri Lanka ranks 31st of 157 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Expense in Sri Lanka, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 79.28 billion current LCU | — |
| 1991 | 94.99 billion current LCU | +19.8% |
| 1992 | 101.98 billion current LCU | +7.4% |
| 1993 | 114.09 billion current LCU | +11.9% |
| 1994 | 140.73 billion current LCU | +23.3% |
| 1995 | 173.29 billion current LCU | +23.1% |
| 1996 | 191.85 billion current LCU | +10.7% |
| 1997 | 203.26 billion current LCU | +5.9% |
| 1998 | 221.56 billion current LCU | +9.0% |
| 1999 | 234.68 billion current LCU | +5.9% |
| 2000 | 289.11 billion current LCU | +23.2% |
| 2001 | 335.15 billion current LCU | +15.9% |
| 2002 | 362.36 billion current LCU | +8.1% |
| 2003 | 373.20 billion current LCU | +3.0% |
| 2004 | 433.04 billion current LCU | +16.0% |
| 2005 | 495.36 billion current LCU | +14.4% |
| 2006 | 621.46 billion current LCU | +25.5% |
| 2007 | 717.41 billion current LCU | +15.4% |
| 2008 | 847.37 billion current LCU | +18.1% |
| 2009 | 1.01 trillion current LCU | +19.6% |
| 2010 | 1.08 trillion current LCU | +6.6% |
| 2011 | 1.17 trillion current LCU | +8.0% |
| 2012 | 1.35 trillion current LCU | +16.1% |
| 2013 | 1.41 trillion current LCU | +3.9% |
| 2014 | 1.53 trillion current LCU | +8.8% |
| 2015 | 1.98 trillion current LCU | +29.1% |
| 2016 | 2.01 trillion current LCU | +1.5% |
| 2017 | 2.21 trillion current LCU | +9.9% |
| 2018 | 2.35 trillion current LCU | +6.4% |
| 2019 | 2.54 trillion current LCU | +8.0% |
| 2020 | 2.98 trillion current LCU | +17.7% |
| 2021 | 3.08 trillion current LCU | +3.1% |
| 2022 | 3.79 trillion current LCU | +23.1% |
| 2023 | 4.97 trillion current LCU | +31.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 4.97 trillion current LCU is above the median for upper middle income countries, which is 310.25 billion current LCU, 16.0× the median. (47 countries reporting)
- Sri Lanka's 4.97 trillion current LCU is above the median for South Asia, which is 1.89 trillion current LCU, 2.6× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 155.57 billion current LCU | 79.28 billion current LCU | 234.68 billion current LCU | 10 |
| 2000s | 548.79 billion current LCU | 289.11 billion current LCU | 1.01 trillion current LCU | 10 |
| 2010s | 1.76 trillion current LCU | 1.08 trillion current LCU | 2.54 trillion current LCU | 10 |
| 2020s | 3.70 trillion current LCU | 2.98 trillion current LCU | 4.97 trillion current LCU | 4 |
Countries ranked near Sri Lanka
More public sector data for Sri Lanka
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is expense in Sri Lanka?
- Expense in Sri Lanka was 4.97 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Sri Lanka?
- The highest recorded value was 4.97 trillion current LCU in 2023.
- What is the lowest expense recorded in Sri Lanka?
- The lowest recorded value was 79.28 billion current LCU in 1990.
- How does Sri Lanka rank for expense?
- Sri Lanka ranks 31st out of 157 countries with data for 2023.
- Is expense rising or falling in Sri Lanka?
- Over the last ten years it is up 253.0%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.