Sri Lanka—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #120 of 139
Latest Value
9.9%
2023
YoY Change
+36.3%
2022 → 2023
Global Rank
#120
of 139 countries
Maximum
14.6%
2001
Minimum
7.3%
2022
CAGR
-1.6%
24 years
Last
9.9%
Previous
7.3%
Highest
14.6%
Lowest
7.3%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 9.9% | +36.3% |
| 2022 | 7.3% | -1.3% |
| 2021 | 7.4% | -5.2% |
| 2020 | 7.8% | -28.7% |
| 2019 | 10.9% | -2.2% |
| 2018 | 11.2% | -3.9% |
| 2017 | 11.6% | +1.6% |
| 2016 | 11.4% | -2.5% |
| 2015 | 11.7% | +20.2% |
| 2014 | 9.7% | -3.7% |
| 2013 | 10.1% | +0.1% |
| 2012 | 10.1% | -6.8% |
| 2011 | 10.8% | -0.8% |
| 2010 | 10.9% | -14.6% |
| 2009 | 12.8% | -3.6% |
| 2008 | 13.3% | -6.6% |
| 2007 | 14.2% | -2.4% |
| 2006 | 14.6% | +6.2% |
| 2005 | 13.7% | +2.0% |
| 2004 | 13.5% | +5.9% |
| 2003 | 12.7% | -9.3% |
| 2002 | 14.0% | -4.1% |
| 2001 | 14.6% | +0.8% |
| 2000 | 14.5% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 44.3% | 2020 |
| 2 | Lesotho | 37.3% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | Denmark | 31.6% | 2023 |
| 5 | New Zealand | 30.7% | 2023 |
| 6 | Sweden | 27.6% | 2023 |
| 7 | Norway | 27.1% | 2023 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Luxembourg | 26.8% | 2023 |
| 10 | Greece | 26.7% | 2023 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
Source: World Bank - World Development IndicatorsView original source →