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COUNTRY / INDICATOR

Sri Lanka Government Expense

Sri Lanka government expense: latest available value for 2023, historical series from 2016, ranking context and source documentation.

Complete Data coverage and freshness meet the indexing rules. Indexable

Series overview

GC.XPN.TOTL.GD.ZS
COUNTRY: Sri LankaINDICATOR: GC.XPN.TOTL.GD.ZSUNIT: percent of GDPSOURCE: World Bank Indicators APISOURCE KEY: worldbankDATA UPDATED: 2026-07-13 02:00:00FETCHED: 2026-08-01 02:29:08REVISIONS: 0ORIGINAL API RESPONSE
18,04Latest / 2023
2,29Change from previous
16,57Series average
113Global rank / 151
Sri Lanka / Government Expense Unit: Percent of GDP (%)
Selected year: 202318,04%
201620232023
14,50 15,00 15,50 16,00 16,50 17,00 17,50 18,00 18,50 19,00 19,50 2016 2017 2018 2019 2020 2021 2022 2023 2023 / 18,04% Percent of GDP (%) Year
Move the full-width slider or click directly in the chart to inspect a year. Major and minor grid lines use the indicator's defined unit.
YearValueChange
202318,042,29
202215,74-1,72
202117,47-1,60
202019,073,14
201915,930,65
201815,28-0,05
201715,33-0,33
201615,66

Source methodology

World Development Indicators

Indicator note: Expense is a decrease in net worth resulting from a transaction. 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.

Source organization: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Metadata fetched: 2026-08-01 01:31:09. Open original metadata response.

Country-specific interpretation

Automatically derived from the displayed series

Sri Lanka recorded 18,04 percent of GDP in 2023, the latest year available in this series.

Compared with 2022, the government expense increased by 2,29.

Across the latest five-year comparison window, the series shows an upward direction.

Across 8 observations from 2016 to 2023, the average was 16,57; the minimum was 15,28 in 2018 and the maximum was 19,07 in 2020.

Sri Lanka ranks 113 out of 151 countries with a current value in the portal ranking.

The latest value is below the available average for South Asia.

It is also below the available average for the Upper middle income group.

Ongoing fiscal expenditure intensity.

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