Taxes on goods and services (current LCU), per unit of GDP in Sri Lanka
Sri Lanka: Taxes on goods and services (current LCU), per unit of GDP was 16.85 current LCU per US$ of GDP in 2023. ▲ Rising
Taxes on goods and services (current LCU), per unit of GDP in Sri Lanka, 1990–2023
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Sri Lanka is 16.85 current LCU per US$ of GDP, measured in 2023. That is the highest value across all 34 years on record.
That represents a change of up 43.1% on the previous year and up 155.9% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Sri Lanka peaked at 16.85 current LCU per US$ of GDP in 2023 and was at its lowest, 3.9 current LCU per US$ of GDP, in 1991.
Sri Lanka ranks 36th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 34 years of available data.
Taxes on goods and services (current LCU), per unit of GDP in Sri Lanka, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 3.91 current LCU per US$ of GDP | — |
| 1991 | 3.9 current LCU per US$ of GDP | -0.1% |
| 1992 | 4.14 current LCU per US$ of GDP | +6.0% |
| 1993 | 4.79 current LCU per US$ of GDP | +15.7% |
| 1994 | 4.88 current LCU per US$ of GDP | +1.9% |
| 1995 | 5.51 current LCU per US$ of GDP | +13.0% |
| 1996 | 5.66 current LCU per US$ of GDP | +2.7% |
| 1997 | 5.82 current LCU per US$ of GDP | +2.8% |
| 1998 | 5.82 current LCU per US$ of GDP | -0.0% |
| 1999 | 6.52 current LCU per US$ of GDP | +12.0% |
| 2000 | 7.4 current LCU per US$ of GDP | +13.5% |
| 2001 | 8.68 current LCU per US$ of GDP | +17.2% |
| 2002 | 9.06 current LCU per US$ of GDP | +4.5% |
| 2003 | 8.08 current LCU per US$ of GDP | -10.9% |
| 2004 | 9.27 current LCU per US$ of GDP | +14.7% |
| 2005 | 9.34 current LCU per US$ of GDP | +0.8% |
| 2006 | 9.17 current LCU per US$ of GDP | -1.8% |
| 2007 | 8.85 current LCU per US$ of GDP | -3.5% |
| 2008 | 7.53 current LCU per US$ of GDP | -14.9% |
| 2009 | 6.48 current LCU per US$ of GDP | -14.0% |
| 2010 | 6.06 current LCU per US$ of GDP | -6.4% |
| 2011 | 6.02 current LCU per US$ of GDP | -0.7% |
| 2012 | 6.99 current LCU per US$ of GDP | +16.1% |
| 2013 | 6.59 current LCU per US$ of GDP | -5.8% |
| 2014 | 6.53 current LCU per US$ of GDP | -0.8% |
| 2015 | 8.51 current LCU per US$ of GDP | +30.3% |
| 2016 | 9.55 current LCU per US$ of GDP | +12.2% |
| 2017 | 10.85 current LCU per US$ of GDP | +13.6% |
| 2018 | 11.21 current LCU per US$ of GDP | +3.4% |
| 2019 | 10.92 current LCU per US$ of GDP | -2.6% |
| 2020 | 6.77 current LCU per US$ of GDP | -38.0% |
| 2021 | 7.26 current LCU per US$ of GDP | +7.2% |
| 2022 | 11.77 current LCU per US$ of GDP | +62.1% |
| 2023 | 16.85 current LCU per US$ of GDP | +43.1% |
Sri Lanka compared with similar countries
- Sri Lanka's 16.85 current LCU per US$ of GDP is above the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 9.7× the median. (48 countries reporting)
- Sri Lanka's 16.85 current LCU per US$ of GDP is above the median for South Asia, which is 3.76 current LCU per US$ of GDP, 4.5× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.09 current LCU per US$ of GDP | 3.9 current LCU per US$ of GDP | 6.52 current LCU per US$ of GDP | 10 |
| 2000s | 8.38 current LCU per US$ of GDP | 6.48 current LCU per US$ of GDP | 9.34 current LCU per US$ of GDP | 10 |
| 2010s | 8.32 current LCU per US$ of GDP | 6.02 current LCU per US$ of GDP | 11.21 current LCU per US$ of GDP | 10 |
| 2020s | 10.66 current LCU per US$ of GDP | 6.77 current LCU per US$ of GDP | 16.85 current LCU per US$ of GDP | 4 |
Countries ranked near Sri Lanka
- 33 Serbia 17.82 current LCU per US$ of GDP compare
- 34 Jamaica 17.57 current LCU per US$ of GDP compare
- 35 Angola 17.37 current LCU per US$ of GDP compare
- 37 Congo 15.69 current LCU per US$ of GDP compare
- 38 Iceland 15.35 current LCU per US$ of GDP compare
- 39 Vanuatu 15.12 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Sri Lanka?
- Taxes on goods and services (current lcu), per unit of gdp in Sri Lanka was 16.85 current LCU per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Sri Lanka?
- The highest recorded value was 16.85 current LCU per US$ of GDP in 2023.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Sri Lanka?
- The lowest recorded value was 3.9 current LCU per US$ of GDP in 1991.
- How does Sri Lanka rank for taxes on goods and services (current lcu), per unit of gdp?
- Sri Lanka ranks 36th out of 157 countries with data for 2023.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Sri Lanka?
- Over the last ten years it is up 155.9%. The long-run trend across the full record is rising.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.