Social contributions (current LCU) in Sri Lanka
Sri Lanka: Social contributions (current LCU) was 36.26 billion current LCU in 2023. ◆ Volatile
Social contributions in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Sri Lanka recorded 36.26 billion current LCU for social contributions in 2023.
That represents a change of down 3.1% on the previous year and up 139.4% over ten years.
Over the whole period, social contributions in Sri Lanka peaked at 37.42 billion current LCU in 2022 and was at its lowest, 381.00 million current LCU, in 1990.
Sri Lanka ranks 52nd of 112 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Social contributions (current LCU) in Sri Lanka, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 381.00 million current LCU | — |
| 1991 | 391.00 million current LCU | +2.6% |
| 1992 | 453.00 million current LCU | +15.9% |
| 1993 | 625.00 million current LCU | +38.0% |
| 1994 | 719.00 million current LCU | +15.0% |
| 1995 | 825.00 million current LCU | +14.7% |
| 1996 | 1.23 billion current LCU | +49.3% |
| 1997 | 1.80 billion current LCU | +45.9% |
| 1998 | 2.84 billion current LCU | +57.9% |
| 1999 | 3.56 billion current LCU | +25.5% |
| 2000 | 3.62 billion current LCU | +1.7% |
| 2001 | 2.67 billion current LCU | -26.3% |
| 2002 | 2.63 billion current LCU | -1.4% |
| 2003 | 3.04 billion current LCU | +15.5% |
| 2004 | 3.44 billion current LCU | +13.4% |
| 2005 | 4.91 billion current LCU | +42.6% |
| 2006 | 6.47 billion current LCU | +31.8% |
| 2007 | 8.78 billion current LCU | +35.7% |
| 2008 | 6.79 billion current LCU | -22.6% |
| 2009 | 11.16 billion current LCU | +64.4% |
| 2010 | 11.12 billion current LCU | -0.4% |
| 2011 | 12.63 billion current LCU | +13.6% |
| 2012 | 11.74 billion current LCU | -7.0% |
| 2013 | 15.14 billion current LCU | +29.0% |
| 2014 | 14.92 billion current LCU | -1.5% |
| 2015 | 15.21 billion current LCU | +2.0% |
| 2016 | 18.05 billion current LCU | +18.6% |
| 2017 | 22.94 billion current LCU | +27.1% |
| 2018 | 25.21 billion current LCU | +9.9% |
| 2019 | 28.98 billion current LCU | +15.0% |
| 2020 | 32.42 billion current LCU | +11.8% |
| 2021 | 34.62 billion current LCU | +6.8% |
| 2022 | 37.42 billion current LCU | +8.1% |
| 2023 | 36.26 billion current LCU | -3.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 36.26 billion current LCU is above the median for upper middle income countries, which is 36.26 billion current LCU, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.28 billion current LCU | 381.00 million current LCU | 3.56 billion current LCU | 10 |
| 2000s | 5.35 billion current LCU | 2.63 billion current LCU | 11.16 billion current LCU | 10 |
| 2010s | 17.59 billion current LCU | 11.12 billion current LCU | 28.98 billion current LCU | 10 |
| 2020s | 35.18 billion current LCU | 32.42 billion current LCU | 37.42 billion current LCU | 4 |
Countries ranked near Sri Lanka
- 49 Switzerland 55.27 billion current LCU compare
- 50 Dominican Republic 52.80 billion current LCU compare
- 51 South Africa 38.77 billion current LCU compare
- 53 Portugal 35.12 billion current LCU compare
- 54 Moldova 33.56 billion current LCU compare
- 55 Finland 32.67 billion current LCU compare
More public sector data for Sri Lanka
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 11.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.4107 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 80 % change on previous year (2024)
Frequently asked questions
- What is social contributions in Sri Lanka?
- Social contributions in Sri Lanka was 36.26 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Sri Lanka?
- The highest recorded value was 37.42 billion current LCU in 2022.
- What is the lowest social contributions recorded in Sri Lanka?
- The lowest recorded value was 381.00 million current LCU in 1990.
- How does Sri Lanka rank for social contributions?
- Sri Lanka ranks 52nd out of 112 countries with data for 2023.
- Is social contributions rising or falling in Sri Lanka?
- Over the last ten years it is up 139.4%. 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 Social contributions (current LCU). Statizoid updates them automatically from the source API.
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About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.