Taxes on exports (current LCU) in Sri Lanka
Sri Lanka: Taxes on exports (current LCU) was 2.23 billion current LCU in 2023. ◆ Volatile
Taxes on exports in Sri Lanka, 1990–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on exports in Sri Lanka is 2.23 billion current LCU, measured in 2023.
That represents a change of down 0.6% on the previous year and down 16.6% over ten years.
Over the whole period, taxes on exports in Sri Lanka peaked at 2.98 billion current LCU in 2017 and was at its lowest, 4.00 million current LCU, in 1997.
That places Sri Lanka 20th out of 77 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on exports (current LCU) in Sri Lanka, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 2.55 billion current LCU | — |
| 1991 | 1.14 billion current LCU | -55.4% |
| 1992 | 821.00 million current LCU | -27.8% |
| 1993 | 57.00 million current LCU | -93.1% |
| 1995 | 8.00 million current LCU | -86.0% |
| 1996 | 5.00 million current LCU | -37.5% |
| 1997 | 4.00 million current LCU | -20.0% |
| 2006 | 24.00 million current LCU | +500.0% |
| 2007 | 33.00 million current LCU | +37.5% |
| 2016 | 2.67 billion current LCU | +7997.0% |
| 2017 | 2.98 billion current LCU | +11.5% |
| 2018 | 2.59 billion current LCU | -13.0% |
| 2019 | 2.30 billion current LCU | -11.3% |
| 2020 | 2.01 billion current LCU | -12.4% |
| 2021 | 2.22 billion current LCU | +10.4% |
| 2022 | 2.24 billion current LCU | +0.9% |
| 2023 | 2.23 billion current LCU | -0.6% |
Sri Lanka compared with similar countries
- Sri Lanka's 2.23 billion current LCU is above the median for upper middle income countries, which is 23.14 million current LCU, 96.3× the median. (23 countries reporting)
- Sri Lanka's 2.23 billion current LCU is above the median for South Asia, which is 191.82 million current LCU, 11.6× the median. (6 countries reporting)
Biggest year-on-year movements
Years where Taxes on exports (current LCU) in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +7997.0% | 33.00 million current LCU | 2.67 billion current LCU |
| 2006 | +500.0% | 4.00 million current LCU | 24.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 654.43 million current LCU | 4.00 million current LCU | 2.55 billion current LCU | 7 |
| 2000s | 28.50 million current LCU | 24.00 million current LCU | 33.00 million current LCU | 2 |
| 2010s | 2.64 billion current LCU | 2.30 billion current LCU | 2.98 billion current LCU | 4 |
| 2020s | 2.18 billion current LCU | 2.01 billion current LCU | 2.24 billion 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)
- 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 taxes on exports in Sri Lanka?
- Taxes on exports in Sri Lanka was 2.23 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Sri Lanka?
- The highest recorded value was 2.98 billion current LCU in 2017.
- What is the lowest taxes on exports recorded in Sri Lanka?
- The lowest recorded value was 4.00 million current LCU in 1997.
- How does Sri Lanka rank for taxes on exports?
- Sri Lanka ranks 20th out of 77 countries with data for 2023.
- Is taxes on exports rising or falling in Sri Lanka?
- Over the last ten years it is down 16.6%. 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 Taxes on exports (current LCU). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. 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.