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Sri Lanka: Central government debt, total (% of GDP)

In , Sri Lanka's Central government debt, total (% of GDP) was 73.51.

That's up 7.2% from 2014, the highest value since .

The global average for this indicator in 2015 was 64.67 .

Source: World Bank Open Data (GC.DOD.TOTL.GD.ZS) • Data as of 2015

Trend (2005–2015)

Sri Lanka Central government debt, total (% of GDP) trend

Highlights

Peak
90.60
Trough
66.75
1-year change
+7.2%
5-year change
+6.2%
+1.2% / yr
10-year change
-18.9%
-2.1% / yr

Historical Data — Last 10 Years

Year Central government debt, total (% of GDP)
73.5127
68.5910
68.3536
66.7472
68.5257
69.2530
86.0635
84.9944
88.6995
90.6049

About Central government debt, total (% of GDP)

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: GC.DOD.TOTL.GD.ZSCategory: Public Sector

Frequently asked questions

What was Sri Lanka's Central government debt, total (% of GDP) in 2015?
In 2015, Sri Lanka's Central government debt, total (% of GDP) was 73.51, according to World Bank Open Data.
Is Sri Lanka's Central government debt, total (% of GDP) rising or falling?
Sri Lanka's Central government debt, total (% of GDP) rose 7.2% from 2014 to 2015.
How does Sri Lanka's Central government debt, total (% of GDP) compare to the world average?
The global average for Central government debt, total (% of GDP) in 2015 was 64.67, so Sri Lanka is above the world average.
What is Central government debt, total (% of GDP) and how is it measured?
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Central government is the part of general government that includes all administrative departments of the national executive, legislative, and judicial functions, other central agencies and those non-market producers controlled by the central government, whose competence extends normally over the whole economic territory. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (GC.DOD.TOTL.GD.ZS), CC BY 4.0.