Taxes on income, profits and capital gains in Sri Lanka
Sri Lanka: Taxes on income, profits and capital gains was 911.11 billion current LCU in 2023. ◆ Volatile
Taxes on income, profits and capital gains 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 income, profits and capital gains in Sri Lanka is 911.11 billion current LCU, measured in 2023. That is the highest value across all 34 years on record.
The figure is up 70.7% on the previous year and up 343.0% over ten years.
Over the whole period, taxes on income, profits and capital gains in Sri Lanka peaked at 911.11 billion current LCU in 2023 and was at its lowest, 7.34 billion current LCU, in 1990.
Sri Lanka ranks 40th of 153 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.
Taxes on income, profits and capital gains in Sri Lanka, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 7.34 billion current LCU | — |
| 1991 | 9.72 billion current LCU | +32.5% |
| 1992 | 10.97 billion current LCU | +12.8% |
| 1993 | 13.66 billion current LCU | +24.5% |
| 1994 | 15.28 billion current LCU | +11.9% |
| 1995 | 17.16 billion current LCU | +12.3% |
| 1996 | 20.75 billion current LCU | +20.9% |
| 1997 | 21.55 billion current LCU | +3.8% |
| 1998 | 20.43 billion current LCU | -5.2% |
| 1999 | 28.23 billion current LCU | +38.2% |
| 2000 | 27.46 billion current LCU | -2.7% |
| 2001 | 34.64 billion current LCU | +26.1% |
| 2002 | 37.62 billion current LCU | +8.6% |
| 2003 | 39.40 billion current LCU | +4.7% |
| 2004 | 41.37 billion current LCU | +5.0% |
| 2005 | 52.53 billion current LCU | +27.0% |
| 2006 | 80.48 billion current LCU | +53.2% |
| 2007 | 107.17 billion current LCU | +33.2% |
| 2008 | 126.54 billion current LCU | +18.1% |
| 2009 | 139.56 billion current LCU | +10.3% |
| 2010 | 135.62 billion current LCU | -2.8% |
| 2011 | 157.31 billion current LCU | +16.0% |
| 2012 | 172.59 billion current LCU | +9.7% |
| 2013 | 205.66 billion current LCU | +19.2% |
| 2014 | 198.12 billion current LCU | -3.7% |
| 2015 | 262.58 billion current LCU | +32.5% |
| 2016 | 258.86 billion current LCU | -1.4% |
| 2017 | 274.56 billion current LCU | +6.1% |
| 2018 | 310.45 billion current LCU | +13.1% |
| 2019 | 427.70 billion current LCU | +37.8% |
| 2020 | 238.32 billion current LCU | -44.3% |
| 2021 | 286.03 billion current LCU | +20.0% |
| 2022 | 533.82 billion current LCU | +86.6% |
| 2023 | 911.11 billion current LCU | +70.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.51 billion current LCU | 7.34 billion current LCU | 28.23 billion current LCU | 10 |
| 2000s | 68.68 billion current LCU | 27.46 billion current LCU | 139.56 billion current LCU | 10 |
| 2010s | 240.35 billion current LCU | 135.62 billion current LCU | 427.70 billion current LCU | 10 |
| 2020s | 492.32 billion current LCU | 238.32 billion current LCU | 911.11 billion current LCU | 4 |
Countries ranked near Sri Lanka
More public sector data for Sri Lanka
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 60.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0134 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 14.37 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.33 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 80.83 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is taxes on income, profits and capital gains in Sri Lanka?
- Taxes on income, profits and capital gains in Sri Lanka was 911.11 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Sri Lanka?
- The highest recorded value was 911.11 billion current LCU in 2023.
- What is the lowest taxes on income, profits and capital gains recorded in Sri Lanka?
- The lowest recorded value was 7.34 billion current LCU in 1990.
- How does Sri Lanka rank for taxes on income, profits and capital gains?
- Sri Lanka ranks 40th out of 153 countries with data for 2023.
- Is taxes on income, profits and capital gains rising or falling in Sri Lanka?
- Over the last ten years it is up 343.0%. 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 income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.