Revenue, excluding grants (current LCU), annual growth rate in Sri Lanka

Sri Lanka: Revenue, excluding grants (current LCU), annual growth rate was 54.04 % change on previous year in 2023. ◆ Volatile

Latest (2023)
54.04 % change on previous year
Change on year
up 50.8%
World rank
6th
of 156 countries
All-time high
54.04 % change on previous year
in 2023
All-time low
-27.66 % change on previous year
in 2020
Years of data
33
1991–2023

Revenue, excluding grants (current LCU), annual growth rate in Sri Lanka, 1991–2023

-2002040601991200720231991: 13 % change on previous year1992: 12.2 % change on previous year1993: 14.8 % change on previous year1994: 11.8 % change on previous year1995: 23.7 % change on previous year1996: 7.4 % change on previous year1997: 12.7 % change on previous year1998: 6.2 % change on previous year1999: 12 % change on previous year2000: 7.8 % change on previous year2001: 10.9 % change on previous year2002: 11 % change on previous year2003: 6.3 % change on previous year2004: 12.7 % change on previous year2005: 21.9 % change on previous year2006: 25.6 % change on previous year2007: 18.4 % change on previous year2008: 16.1 % change on previous year2009: 6.8 % change on previous year2010: 16.8 % change on previous year2011: 14.4 % change on previous year2012: 12.4 % change on previous year2013: 8.3 % change on previous year2014: 3.5 % change on previous year2015: 23.5 % change on previous year2016: 15.9 % change on previous year2017: 8.7 % change on previous year2018: 4.8 % change on previous year2019: -1.5 % change on previous year2020: -27.7 % change on previous year2021: 6.5 % change on previous year2022: 35.8 % change on previous year2023: 54 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Sri Lanka recorded 54.04 % change on previous year for revenue, excluding grants (current lcu), annual growth rate in 2023. That is the highest value across all 33 years on record.

That represents a change of up 50.8% on the previous year and up 554.0% over ten years.

Over the whole period, revenue, excluding grants (current lcu), annual growth rate in Sri Lanka peaked at 54.04 % change on previous year in 2023 and was at its lowest, -27.66 % change on previous year, in 2020.

That places Sri Lanka 6th out of 156 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Revenue, excluding grants (current LCU), annual growth rate in Sri Lanka, year by year

Annual values for Revenue, excluding grants (current LCU), annual growth rate in Sri Lanka, 1991 to 2023.
Year % change on previous year Change
1991 13 % change on previous year
1992 12.22 % change on previous year -6.0%
1993 14.75 % change on previous year +20.7%
1994 11.8 % change on previous year -20.0%
1995 23.74 % change on previous year +101.2%
1996 7.41 % change on previous year -68.8%
1997 12.67 % change on previous year +71.1%
1998 6.18 % change on previous year -51.2%
1999 11.96 % change on previous year +93.5%
2000 7.84 % change on previous year -34.5%
2001 10.86 % change on previous year +38.6%
2002 10.99 % change on previous year +1.2%
2003 6.29 % change on previous year -42.8%
2004 12.71 % change on previous year +102.1%
2005 21.94 % change on previous year +72.6%
2006 25.59 % change on previous year +16.7%
2007 18.39 % change on previous year -28.1%
2008 16.08 % change on previous year -12.6%
2009 6.77 % change on previous year -57.9%
2010 16.81 % change on previous year +148.2%
2011 14.38 % change on previous year -14.5%
2012 12.39 % change on previous year -13.8%
2013 8.26 % change on previous year -33.3%
2014 3.53 % change on previous year -57.3%
2015 23.54 % change on previous year +566.8%
2016 15.87 % change on previous year -32.6%
2017 8.65 % change on previous year -45.5%
2018 4.83 % change on previous year -44.2%
2019 -1.51 % change on previous year -131.4%
2020 -27.66 % change on previous year +1726.5%
2021 6.51 % change on previous year -123.6%
2022 35.83 % change on previous year +450.1%
2023 54.04 % change on previous year +50.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 12.64 % change on previous year 6.18 % change on previous year 23.74 % change on previous year 9
2000s 13.74 % change on previous year 6.29 % change on previous year 25.59 % change on previous year 10
2010s 10.68 % change on previous year -1.51 % change on previous year 23.54 % change on previous year 10
2020s 17.18 % change on previous year -27.66 % change on previous year 54.04 % change on previous year 4

Countries ranked near Sri Lanka

  1. 3 Equatorial Guinea 117.55 % change on previous year compare
  2. 4 Democratic Republic of Congo 60.78 % change on previous year compare
  3. 5 Turkey 56.81 % change on previous year compare
  4. 7 Zimbabwe 48.15 % change on previous year compare
  5. 8 Peru 42.93 % change on previous year compare
  6. 9 Maldives 41.81 % change on previous year compare

See the full ranking of 156 places →

More public sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is revenue, excluding grants (current lcu), annual growth rate in Sri Lanka?
Revenue, excluding grants (current lcu), annual growth rate in Sri Lanka was 54.04 % change on previous year in 2023, according to Statizoid (derived).
What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Sri Lanka?
The highest recorded value was 54.04 % change on previous year in 2023.
What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Sri Lanka?
The lowest recorded value was -27.66 % change on previous year in 2020.
How does Sri Lanka rank for revenue, excluding grants (current lcu), annual growth rate?
Sri Lanka ranks 6th out of 156 countries with data for 2023.
Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Sri Lanka?
Over the last ten years it is up 554.0%. The long-run trend across the full record is volatile.
Where does this Sri Lanka data come from?
The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Revenue, excluding grants (current LCU), annual growth rate in Sri Lanka. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/stat/revenue-excluding-grants-current-lcu-annual-growth-rate/sri-lanka/

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How this figure is calculated

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Revenue, excluding grants (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
156 places, 4,444 data points, 1973–2024
Last refreshed

The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.