Share of government expenditure going to interest payments in Sri Lanka
Sri Lanka: Share of government expenditure going to interest payments was 49.44 in 2023. ▲ Rising
Share of government expenditure going to interest payments in Sri Lanka, 1990–2023
Source: Our World in Data.
Analysis
Sri Lanka recorded 49.44 for share of government expenditure going to interest payments in 2023. That is the highest value across all 34 years on record.
The figure is up 19.7% on the previous year and up 56.7% over ten years.
Over the whole period, share of government expenditure going to interest payments in Sri Lanka peaked at 49.44 in 2023 and was at its lowest, 22.06, in 1995.
Sri Lanka ranks 1st of 152 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 34 years of available data.
Share of government expenditure going to interest payments in Sri Lanka, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 26.07 | — |
| 1991 | 23.24 | -10.9% |
| 1992 | 25.44 | +9.5% |
| 1993 | 25.35 | -0.3% |
| 1994 | 27.02 | +6.6% |
| 1995 | 22.06 | -18.4% |
| 1996 | 25.5 | +15.6% |
| 1997 | 27.18 | +6.6% |
| 1998 | 24.78 | -8.8% |
| 1999 | 26.47 | +6.8% |
| 2000 | 24.63 | -7.0% |
| 2001 | 28.14 | +14.3% |
| 2002 | 32.15 | +14.3% |
| 2003 | 33.53 | +4.3% |
| 2004 | 27.66 | -17.5% |
| 2005 | 24.26 | -12.3% |
| 2006 | 24.26 | +0.0% |
| 2007 | 25.46 | +5.0% |
| 2008 | 25.07 | -1.5% |
| 2009 | 30.56 | +21.9% |
| 2010 | 32.63 | +6.8% |
| 2011 | 30.58 | -6.3% |
| 2012 | 30.16 | -1.4% |
| 2013 | 31.56 | +4.6% |
| 2014 | 28.51 | -9.6% |
| 2015 | 25.79 | -9.6% |
| 2016 | 30.44 | +18.1% |
| 2017 | 33.35 | +9.5% |
| 2018 | 36.32 | +8.9% |
| 2019 | 35.55 | -2.1% |
| 2020 | 32.86 | -7.6% |
| 2021 | 34.08 | +3.7% |
| 2022 | 41.32 | +21.2% |
| 2023 | 49.44 | +19.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.31 | 22.06 | 27.18 | 10 |
| 2000s | 27.57 | 24.26 | 33.53 | 10 |
| 2010s | 31.49 | 25.79 | 36.32 | 10 |
| 2020s | 39.42 | 32.86 | 49.44 | 4 |
Countries ranked near Sri Lanka
More reference data data for Sri Lanka
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1608 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.316 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.33 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.1784 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.33 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.539 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1604 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.63 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 10.15 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.9713 (2050)
Frequently asked questions
- What is share of government expenditure going to interest payments in Sri Lanka?
- Share of government expenditure going to interest payments in Sri Lanka was 49.44 in 2023, according to Our World in Data.
- What is the highest share of government expenditure going to interest payments recorded in Sri Lanka?
- The highest recorded value was 49.44 in 2023.
- What is the lowest share of government expenditure going to interest payments recorded in Sri Lanka?
- The lowest recorded value was 22.06 in 1995.
- How does Sri Lanka rank for share of government expenditure going to interest payments?
- Sri Lanka ranks 1st out of 152 countries with data for 2023.
- Is share of government expenditure going to interest payments rising or falling in Sri Lanka?
- Over the last ten years it is up 56.7%. The long-run trend across the full record is rising.
- Where does this Sri Lanka data come from?
- The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.
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