Government Spending in Sri Lanka increased to 1893103.50 LKR Million in 2023 from 1727261.20 LKR Million in 2022. Government Spending in Sri Lanka averaged 280839.14 LKR Million from 1950 until 2023, reaching an all time high of 1893103.50 LKR Million in 2023 and a record low of 440.00 LKR Million in 1950. source: Central Bank of Sri Lanka

Government Spending in Sri Lanka is expected to reach 1949897.00 LKR Million by the end of 2025, according to Trading Economics global macro models and analysts expectations.




Related Last Previous Unit Reference
Fiscal Expenditure 5441882.00 4592327.00 LKR Million Dec 2023
Government Budget -10.20 -11.70 percent of GDP Dec 2022
Government Budget Value -2282267.00 -2459967.00 LKR Million Dec 2023
Government Debt 28574653.00 28344603.00 LKR Million Sep 2024
Government Debt to GDP 103.90 114.20 percent of GDP Dec 2023
Government Revenues 3159615.00 2132360.00 LKR Million Dec 2023
Government Spending 1893103.50 1727261.20 LKR Million Dec 2023

Sri Lanka Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
1893103.50 1727261.20 1893103.50 440.00 1950 - 2023 LKR Million Yearly
Current Prices, NSA