Sri Lanka recorded a government debt equivalent to 86.80 percent of the country's Gross Domestic Product in 2019.

Government Debt to GDP in Sri Lanka averaged 70.18 percent from 1950 until 2019, reaching an all time high of 108.70 percent in 1989 and a record low of 16.30 percent in 1951. This page provides - Sri Lanka Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Government Debt to GDP - values, historical data and charts - was last updated on September of 2020. source: Central Bank of Sri Lanka

Government Debt to GDP in Sri Lanka is expected to reach 92.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Government Debt to GDP is projected to trend around 89.50 percent in 2021 and 84.50 percent in 2022, according to our econometric models.

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Sri Lanka Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
86.80 83.70 108.70 16.30 1950 - 2019 percent Yearly

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 28.00 [+]
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 Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.