Sri Lanka recorded a government debt equivalent to 82.90 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Sri Lanka averaged 69.86 percent from 1950 until 2018, reaching an all time high of 108.70 percent in 1989 and a record low of 16.30 percent in 1951. source: Central Bank of Sri Lanka

Government Debt to GDP in Sri Lanka is expected to be 75.00 percent by the end of this quarter, 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 70.00 percent in 2020, according to our econometric models.

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Sri Lanka Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
82.90 76.90 108.70 16.30 1950 - 2018 percent Yearly

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.

Sri Lanka Government Last Previous Highest Lowest Unit
Government Debt to GDP 82.90 76.90 108.70 16.30 percent [+]
Government Budget -5.30 -5.50 -5.30 -10.20 percent of GDP [+]
Government Budget Value -760769.00 -733494.00 -10483.00 -829502.00 LKR Million [+]
Government Spending 1300180.20 1130674.00 1300180.20 440.00 LKR Million [+]
Credit Rating 30.00 [+]
Fiscal Expenditure 2693228.00 2573056.00 2693228.00 19192.00 LKR Million [+]
Government Debt 12599843.00 12271315.00 12599843.00 310779.00 LKR Million [+]
Government Revenues 1932459.00 1839562.00 1932459.00 15642.00 LKR Million [+]
Military Expenditure 1710.00 1867.00 2054.00 7.90 USD Million [+]