Social contributions (% of revenue) in Sri Lanka
Sri Lanka: Social contributions (% of revenue) was 1.2% in 2023. ▲ Rising
Social contributions in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Sri Lanka recorded 1.2% for social contributions in 2023.
Compared with earlier readings it is down 36.6% on the previous year and down 10.2% over ten years.
Over the whole period, social contributions in Sri Lanka peaked at 2.4% in 2021 and was at its lowest, 0.5%, in 1991.
That places Sri Lanka 91st out of 112 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Social contributions (% of revenue) in Sri Lanka, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | -9.5% |
| 1992 | 0.5% | +3.8% |
| 1993 | 0.6% | +21.9% |
| 1994 | 0.6% | +3.5% |
| 1995 | 0.6% | -6.5% |
| 1996 | 0.8% | +40.8% |
| 1997 | 1.0% | +30.5% |
| 1998 | 1.6% | +49.2% |
| 1999 | 1.8% | +12.8% |
| 2000 | 1.7% | -4.8% |
| 2001 | 1.1% | -33.5% |
| 2002 | 1.0% | -11.5% |
| 2003 | 1.1% | +8.5% |
| 2004 | 1.1% | +0.7% |
| 2005 | 1.2% | +10.7% |
| 2006 | 1.3% | +7.2% |
| 2007 | 1.5% | +15.6% |
| 2008 | 1.0% | -32.9% |
| 2009 | 1.5% | +55.6% |
| 2010 | 1.3% | -13.4% |
| 2011 | 1.3% | -0.3% |
| 2012 | 1.1% | -17.2% |
| 2013 | 1.3% | +19.3% |
| 2014 | 1.3% | -4.3% |
| 2015 | 1.0% | -17.1% |
| 2016 | 1.1% | +2.3% |
| 2017 | 1.2% | +17.0% |
| 2018 | 1.3% | +4.6% |
| 2019 | 1.5% | +17.0% |
| 2020 | 2.4% | +54.6% |
| 2021 | 2.4% | +0.2% |
| 2022 | 1.9% | -21.4% |
| 2023 | 1.2% | -36.6% |
Sri Lanka compared with similar countries
- Sri Lanka's 1.2% is below the median for upper middle income countries, which is 13.1%, 9% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8% | 0.5% | 1.8% | 10 |
| 2000s | 1.2% | 1.0% | 1.7% | 10 |
| 2010s | 1.3% | 1.0% | 1.5% | 10 |
| 2020s | 1.9% | 1.2% | 2.4% | 4 |
Countries ranked near Sri Lanka
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 1.2% 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 2.4% in 2021.
- What is the lowest social contributions recorded in Sri Lanka?
- The lowest recorded value was 0.5% in 1991.
- How does Sri Lanka rank for social contributions?
- Sri Lanka ranks 91st out of 112 countries with data for 2023.
- Is social contributions rising or falling in Sri Lanka?
- Over the last ten years it is down 10.2%. The long-run trend across the full record is rising.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.