Sri Lanka—Taxes on Goods & Services (% of revenue)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #11 of 139
Latest Value
46.1%
2023
YoY Change
+6.3%
2022 → 2023
Global Rank
#11
of 139 countries
Maximum
59.8%
2004
Minimum
37.5%
2009
CAGR
-0.9%
24 years
Last
46.1%
Previous
43.4%
Highest
59.8%
Lowest
37.5%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 46.1% | +6.3% |
| 2022 | 43.4% | -1.3% |
| 2021 | 43.9% | +5.6% |
| 2020 | 41.6% | -18.7% |
| 2019 | 51.2% | -6.6% |
| 2018 | 54.8% | -1.5% |
| 2017 | 55.6% | +12.1% |
| 2016 | 49.6% | +0.1% |
| 2015 | 49.6% | +9.2% |
| 2014 | 45.4% | +3.3% |
| 2013 | 44.0% | -4.8% |
| 2012 | 46.2% | +7.5% |
| 2011 | 42.9% | +0.7% |
| 2010 | 42.6% | +13.5% |
| 2009 | 37.5% | -15.9% |
| 2008 | 44.6% | -7.2% |
| 2007 | 48.1% | -5.9% |
| 2006 | 51.1% | -7.5% |
| 2005 | 55.3% | -7.6% |
| 2004 | 59.8% | +11.5% |
| 2003 | 53.7% | -4.4% |
| 2002 | 56.1% | -1.5% |
| 2001 | 57.0% | +0.4% |
| 2000 | 56.8% |
Top Countries — Taxes on Goods & Services (% of revenue)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Macao SAR, China | 71.7% | 2023 |
| 2 | Bahamas, The | 57.1% | 2023 |
| 3 | Lao PDR | 53.9% | 2022 |
| 4 | Mauritius | 53.3% | 2024 |
| 5 | Guatemala | 51.5% | 2023 |
| 6 | Armenia | 48.2% | 2024 |
| 7 | Dominican Republic | 47.9% | 2024 |
| 8 | Croatia | 47.1% | 2023 |
| 9 | Nicaragua | 46.5% | 2023 |
| 10 | Burundi | 46.4% | 2021 |
About This Indicator
Definition
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →