Sri Lanka recorded a government budget deficit of 1016483 LKR Million in 2019.

Government Budget Value in Sri Lanka averaged -230990.98 LKR Million from 1980 until 2019, reaching an all time high of -10483 LKR Million in 1984 and a record low of -1016483 LKR Million in 2019. This page provides - Sri Lanka Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Central Bank of Sri Lanka

Government Budget Value in Sri Lanka is expected to reach -1140945.00 LKR Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Budget Value is projected to trend around -1196929.00 LKR Million in 2021 and -1252927.00 LKR Million in 2022, according to our econometric models.

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Sri Lanka Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1016483.00 -760769.00 -10483.00 -1016483.00 1980 - 2019 LKR Million Yearly
Current Prices, NSA

Sri Lanka Government Last Previous Highest Lowest Unit
Government Debt to GDP 86.80 83.70 108.70 16.30 percent [+]
Government Budget -6.80 -5.30 -5.30 -10.20 percent of GDP [+]
Government Budget Value -1016483.00 -760769.00 -10483.00 -1016483.00 LKR Million [+]
Government Spending 1416988.70 1300180.20 1416988.70 440.00 LKR Million [+]
Military Expenditure 1710.00 1867.00 2054.00 7.90 USD Million [+]
Credit Rating 26.00 [+]
Fiscal Expenditure 2915291.00 2693228.00 2915291.00 19192.00 LKR Million [+]
Government Debt 12874786.00 12599843.00 12874786.00 310779.00 LKR Million [+]
Government Revenues 1898808.00 1932459.00 1932459.00 15642.00 LKR Million [+]


Sri Lanka Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.