Sri Lanka Consolidated Fiscal Balance: % of GDP

2014 - 2024 | Quarterly | % | CEIC Data

Key information about Sri Lanka Consolidated Fiscal Balance: % of GDP

  • Sri Lanka Consolidated Fiscal Balance recorded a deficit equal to 5.7 % of its Nominal GDP in Jun 2024, compared with a deficit equal to 6.9 % in the previous quarter
  • Sri Lanka Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 2014 to Jun 2024, with an average ratio of -6.7 %
  • The data reached an all-time high of -4.7 % in Mar 2015 and a record low of -11.8 % in Sep 2020
CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from quarterly Consolidated Fiscal Balance and quarterly Nominal GDP. The Central Bank of Sri Lanka provides Consolidated Fiscal Balance in local currency. The Department of Census and Statistics provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP prior to Q4 2015 is calculated from Nominal GDP based on old methodology.


Further information about Sri Lanka Consolidated Fiscal Balance: % of GDP

  • In the latest reports, Sri Lanka National Government Debt reached 93.4 USD bn in Jun 2024
  • Sri Lanka Nominal GDP reached 20.9 USD bn in Mar 2023

View Sri Lanka's Consolidated Fiscal Balance: % of GDP from Dec 2014 to Jun 2024 in the chart:

Sri Lanka Consolidated Fiscal Balance: % of GDP

What was Sri Lanka's Consolidated Fiscal Balance: % of GDP in Jun 2024?

Sri Lanka Consolidated Fiscal Balance recorded a deficit equal to 5.7 % of its Nominal GDP in Jun 2024, compared with a deficit equal to 6.9 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
-5.7 Jun 2024 -6.9 Mar 2024 -11.8 Sep 2020 -4.7 Mar 2015 % quarterly Dec 2014 - Jun 2024

Consolidated Fiscal Balance: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) -1.3 2023 yearly 1997 - 2023
Algeria (%) -2.6 2022 yearly 1994 - 2022
Argentina (%) -0.2 Sep 2024 quarterly Dec 2004 - Sep 2024
Armenia (%) -3.1 Sep 2024 quarterly Dec 2002 - Sep 2024
Australia (%) -2.1 Sep 2024 quarterly Jun 2003 - Sep 2024
Austria (%) -3.4 Jun 2024 quarterly Dec 2001 - Jun 2024
Azerbaijan (%) 0.4 Jun 2021 monthly Dec 2004 - Jun 2021
Bahrain (%) -7.0 2021 yearly 1998 - 2021
Bangladesh (%) -5.1 2023 yearly 2006 - 2023
Belarus (%) -0.4 Sep 2021 quarterly Sep 2006 - Sep 2021
Belgium (%) -4.5 2023 yearly 1970 - 2023
Bolivia (%) -9.7 2023 yearly 1990 - 2023
Bosnia and Herzegovina (%) 2.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Botswana (%) 2.5 Jun 2023 quarterly Mar 2004 - Jun 2023
Brazil (%) -7.3 Sep 2024 quarterly Dec 1997 - Sep 2024
Brunei (%) -11.9 2023 yearly 2010 - 2023
Bulgaria (%) -3.8 Sep 2024 quarterly Sep 2003 - Sep 2024
Cambodia (%) -0.1 2022 yearly 2007 - 2022
Canada (%) -1.8 Sep 2024 quarterly Jun 1993 - Sep 2024
Chile (%) -2.3 2023 yearly 1990 - 2023
China (%) -5.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Colombia (%) -8.5 Mar 2024 quarterly Dec 2000 - Mar 2024
Croatia (%) -2.6 2021 yearly 2002 - 2021
Cyprus (%) 4.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Czech Republic (%) -2.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Denmark (%) 3.3 Jun 2024 quarterly Dec 1999 - Jun 2024
Ecuador (%) -1.8 Jun 2024 quarterly Dec 2000 - Jun 2024
Estonia (%) -3.6 Jun 2024 quarterly Dec 1999 - Jun 2024
European Union (%) -3.5 2023 yearly 1995 - 2023
Finland (%) -4.0 Jun 2024 quarterly Dec 1999 - Jun 2024
France (%) -6.0 Sep 2024 quarterly Dec 1949 - Sep 2024
Georgia (%) -2.1 Jun 2024 quarterly Dec 2006 - Jun 2024
Germany (%) -2.6 Sep 2024 quarterly Dec 1991 - Sep 2024
Ghana (%) -3.5 Jun 2024 quarterly Dec 2008 - Jun 2024
Greece (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Hong Kong SAR, China (%) -6.1 Sep 2024 quarterly Sep 1999 - Sep 2024
Hungary (%) -5.5 Jun 2024 quarterly Dec 1999 - Jun 2024
Iceland (%) -3.1 Sep 2024 quarterly Mar 2002 - Sep 2024
India (%) -4.6 Sep 2024 quarterly Mar 2005 - Sep 2024
Indonesia (%) -3.0 Sep 2024 quarterly Dec 2014 - Sep 2024
Iran (%) -4.3 Mar 2021 quarterly Mar 2006 - Mar 2021
Ireland (%) 1.9 Jun 2024 quarterly Dec 2000 - Jun 2024
Israel (%) -8.5 Sep 2024 quarterly Dec 1999 - Sep 2024
Italy (%) -5.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Ivory Coast (%) -5.3 2023 yearly 1960 - 2023
Japan (%) -6.2 2024 yearly 1996 - 2024
Jordan (%) 1.0 2018 yearly 1999 - 2018
Kazakhstan (%) -0.4 Jun 2024 quarterly Dec 2008 - Jun 2024
Kenya (%) -3.0 Jun 2024 quarterly Dec 2009 - Jun 2024
South Korea (%) -2.3 Sep 2024 quarterly Jun 2000 - Sep 2024
Kosovo (%) 0.2 Sep 2023 quarterly Dec 2010 - Sep 2023
Kuwait (%) -3.1 2023 yearly 1988 - 2023
Kyrgyzstan (%) 5.0 Sep 2024 monthly Jan 2007 - Sep 2024
Laos (%) 0.6 2023 yearly 2012 - 2023
Latvia (%) -1.8 Jun 2024 quarterly Dec 1999 - Jun 2024
Lebanon (%) -4.3 2020 yearly 1992 - 2020
Lithuania (%) -0.9 Jun 2024 quarterly Dec 1999 - Jun 2024
Luxembourg (%) -0.7 2023 yearly 1995 - 2023
Macau SAR, China (%) 6.4 Jun 2024 quarterly Dec 2003 - Jun 2024
North Macedonia (%) -4.5 2022 yearly 1993 - 2022
Malawi (%) -0.4 Jun 2023 monthly Apr 2005 - Jun 2023
Malaysia (%) -5.9 2023 yearly 1970 - 2023
Malta (%) -3.4 Jun 2024 quarterly Dec 1999 - Jun 2024
Mauritius (%) -6.1 Mar 2024 quarterly Dec 2010 - Mar 2024
Mexico (%) -4.2 Sep 2024 quarterly Dec 1980 - Sep 2024
Moldova (%) -5.2 2023 yearly 1998 - 2023
Mongolia (%) 0.1 Sep 2024 quarterly Dec 2000 - Sep 2024
Montenegro (%) -0.9 Sep 2024 quarterly Dec 2012 - Sep 2024
Morocco (%) -5.0 2023 yearly 1980 - 2023
Mozambique (%) -2.7 2016 yearly 1996 - 2016
Myanmar (%) -7.6 2021 yearly 1986 - 2021
Nepal (%) -10.0 2018 yearly 2012 - 2018
Netherlands (%) -0.1 Mar 2023 quarterly Dec 1999 - Mar 2023
New Zealand (%) -1.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Nigeria (%) -5.7 Jun 2024 quarterly Dec 2010 - Jun 2024
Norway (%) 13.8 Jun 2024 quarterly Dec 2002 - Jun 2024
Oman (%) 2.3 Sep 2023 quarterly Dec 2005 - Sep 2023
Pakistan (%) -3.7 2024 yearly 2000 - 2024
Palestinian Territory (%) -4.0 2020 yearly 2010 - 2020
Panama (%) -3.0 2023 yearly 2003 - 2023
Paraguay (%) -0.8 Jun 2024 quarterly Dec 2003 - Jun 2024
Peru (%) -4.2 Sep 2024 quarterly Dec 1990 - Sep 2024
Philippines (%) -5.8 Sep 2024 quarterly Dec 1985 - Sep 2024
Poland (%) -5.3 2023 yearly 1995 - 2023
Portugal (%) 1.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Qatar (%) 0.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Romania (%) -7.5 Sep 2024 quarterly Dec 2004 - Sep 2024
Russia (%) -0.6 Jun 2024 quarterly Dec 1993 - Jun 2024
Saudi Arabia (%) 2.5 2022 yearly 1969 - 2022
Serbia (%) -1.8 Sep 2024 quarterly Dec 2005 - Sep 2024
Singapore (%) 2.1 Sep 2024 quarterly Mar 2012 - Sep 2024
Slovakia (%) -6.2 2020 yearly 1995 - 2020
Slovenia (%) -2.8 Sep 2024 quarterly Dec 2000 - Sep 2024
South Africa (%) -4.5 Sep 2024 quarterly Dec 1990 - Sep 2024
Spain (%) -3.3 Jun 2024 quarterly Dec 1995 - Jun 2024
Sri Lanka (%) -5.7 Jun 2024 quarterly Dec 2014 - Jun 2024
Sudan (%) -0.6 2021 yearly 2001 - 2021
Sweden (%) -0.6 2023 yearly 1995 - 2023
Switzerland (%) 0.2 2023 yearly 1990 - 2023

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Sri Lanka Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.7 Jun 2024 quarterly Dec 2014 - Jun 2024
Tax Revenue (USD mn) 8,317.177 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 12.9 Jun 2024 quarterly Mar 2014 - Jun 2024
National Government Debt (USD mn) 93,375.1 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Debt: % of GDP (%) 98.8 Jun 2024 quarterly Mar 2014 - Jun 2024
Forecast: Government Expenditure (LKR bn) 4,472.546 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.423 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.589 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 17,555,212.049 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Debt: Foreign (LKR mn) 11,008,233.363 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Revenue & Grants​: Revenue (LKR mn) 945,408.255 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,265,755.632 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Expenditure & LR: Recurrent (LKR mn) 1,133,961.176 Jun 2024 quarterly Mar 2014 - Jun 2024
Overall Fiscal Surplus/Deficit (LKR mn) -317,389.828 Jun 2024 quarterly Mar 2014 - Jun 2024
Government Expenditure & LR: Capital & Net Lending (LKR mn) 131,794.456 Jun 2024 quarterly Mar 2014 - Jun 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -544.4 Oct 2024 monthly Jan 1982 - Oct 2024
Total Exports (USD mn) 1,158.0 Oct 2024 monthly Jan 1982 - Oct 2024
Total Exports Growth (%) 24.8 Oct 2024 monthly Jan 1983 - Oct 2024
Aluminum: Exports (USD th) 5,069.768 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 8,132.477 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 4,888.910 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,702.4 Oct 2024 monthly Jan 1982 - Oct 2024
Total Imports Growth (%) 5.7 Oct 2024 monthly Jan 1983 - Oct 2024
Imports: Medicament (USD th) 444,961.269 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 100,047.227 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 248.281 Aug 2024 monthly Jan 1978 - Aug 2024
Total Imports from USA (USD mn) 46.926 Aug 2024 monthly Jan 1978 - Aug 2024
Total Exports to China (USD mn) 23.544 Aug 2024 monthly Jan 2016 - Aug 2024
Total Imports from China (USD mn) 320.473 Aug 2024 monthly Jan 2016 - Aug 2024
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Imports: Investment Goods (LKR mn) 97,067.663 Oct 2024 monthly Jan 1995 - Oct 2024
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Imports: Singapore (USD mn) 871.000 2022 yearly 2003 - 2022
Imports: Japan (USD mn) 252.000 2022 yearly 2003 - 2022
Imports: United Arab Emirates (USD mn) 666.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 199.168 Oct 2024 monthly Jan 2010 - Oct 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 164.074 Oct 2024 monthly Jan 2010 - Oct 2024
Terms of Trade Index: 2010=100 (2010=100) 87.143 Oct 2024 monthly Jan 2010 - Oct 2024
Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
Export Value Index (2015=100) 118.509 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 7.2 Jun 2024 quarterly Mar 2012 - Jun 2024
Current Account Balance (USD mn) 414.9 Jun 2024 quarterly Mar 1977 - Jun 2024
Current Account Balance: % of GDP (%) 1.9 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Direct Investment (USD mn) 367.4 Jun 2024 quarterly Mar 1977 - Jun 2024
Foreign Direct Investment: % of GDP (%) 1.6 Jun 2024 quarterly Mar 2002 - Jun 2024
Foreign Portfolio Investment (USD mn) 107.913 Jun 2024 quarterly Mar 2012 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.5 Jun 2024 quarterly Mar 2012 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -2.4 Jun 2024 quarterly Mar 2012 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 110.293 Jun 2024 quarterly Mar 2012 - Jun 2024
External Debt (USD mn) 55,912.8 Jun 2024 quarterly Dec 2012 - Jun 2024
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,147.0 Jun 2024 quarterly Dec 2012 - Jun 2024
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,936.308 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Primary Income (PI) (USD mn) -555.639 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Primary Income: Debit (USD mn) 691.896 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Secondary Income (USD mn) 1,568.642 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current Account: Credit (USD mn) 6,168.505 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets (USD mn) 870.106 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets: Direct Investment (DI) (USD mn) 7.183 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Liabilities (USD mn) 535.304 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Goods (USD mn) -1,320.605 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Services: Debit (USD mn) 734.588 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current Account: Debit (USD mn) 5,753.624 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Primary Income: Credit (USD mn) 136.257 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Capital Account (CP) (USD mn) 12.266 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,457.072 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Secondary Income: Debit (USD mn) 40.676 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 107.913 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 65.378 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current Account (CA) (USD mn) 414.881 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Goods: Credit (USD mn) 2,965.858 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Goods: Debit (USD mn) 4,286.463 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Secondary Income: Credit (USD mn) 1,609.318 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: CA: Goods & Services: Services (USD mn) 722.484 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Capital Account: Debit (USD mn) 7.400 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Capital Account: Credit (USD mn) 19.666 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 367.371 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current & Capital Account (USD mn) 427.147 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 659.392 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current & CA: Credit (USD mn) 6,188.170 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 60.019 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets: Other Investment (OI) (USD mn) 138.153 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: Current & CA: Debit (USD mn) 5,761.024 Jun 2024 quarterly Mar 2012 - Jun 2024
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
IIP: Assets (USD mn) 13,936.246 Jun 2024 quarterly Dec 2012 - Jun 2024
International Investment Position (IIP): Net (USD mn) -51,936.308 Jun 2024 quarterly Dec 2012 - Jun 2024
IIP: Liabilities (USD mn) 65,872.555 Jun 2024 quarterly Dec 2012 - Jun 2024
No of Registered Enterprises (Unit) 6,298.000 2022 yearly 1994 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 6.5 Jun 2024 quarterly Dec 2010 - Jun 2024
Money Supply M1 (USD mn) 6,159.026 Oct 2024 monthly Jan 1994 - Oct 2024
Money Supply M2 (USD mn) 42,268.827 Oct 2024 monthly Jan 1994 - Oct 2024
M2 Growth (%) 10.6 Oct 2024 monthly Jan 1995 - Oct 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 6,402.9 Nov 2024 monthly Dec 1956 - Nov 2024
Foreign Exchange Reserves: Months of Import (NA) 3.8 Oct 2024 monthly Jan 1982 - Oct 2024
Gold Reserves (USD mn) 39.510 Nov 2024 monthly Dec 1977 - Nov 2024
Total Deposits (USD mn) 52,886.716 Jul 2024 monthly Dec 2002 - Jul 2024
Total Deposits Growth (%) 10.9 Jul 2024 monthly Dec 2003 - Jul 2024
Domestic Credit (USD mn) 56,372.7 Oct 2024 monthly Jan 1996 - Oct 2024
Domestic Credit Growth (%) 3.0 Oct 2024 monthly Jan 1997 - Oct 2024
Household Debt (USD mn) 6,173.4 Jun 2024 quarterly Jun 2010 - Jun 2024
Total Loans (USD mn) 29,006.638 Sep 2024 monthly Dec 1983 - Sep 2024
Total Loans Growth (%) 6.09 Sep 2024 monthly Dec 1984 - Sep 2024
Private Debt: % of Nominal GDP (%) 25.02 Jun 2024 quarterly Dec 2010 - Jun 2024
Official Reserve Assets (ORA) (USD mn) 6,461.941 Nov 2024 monthly Nov 2013 - Nov 2024
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 6,402.932 Nov 2024 monthly Nov 2013 - Nov 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,888,430.000 Jun 2024 quarterly Jun 2010 - Jun 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Business Sentiment Index: Business Condition: Current Quarter (Index) 101.790 Jun 2024 quarterly Jun 2014 - Jun 2024
Purchasing Managers Index: Manufacturing (Index) 53.300 Nov 2024 monthly May 2015 - Nov 2024

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