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Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
Featured Insight
Sri Lanka's Unique Revenue Problem
Tax to GDP and GDP per capita for most South Asian countries shows a positive relationship as can be show by the infographic below. For example Bhutan had a tax to GDP of 10% in and GDP per capita of 4% in the year 2000. By 2020, tax to GDP had risen to just over 12% with GDP per capita being just under 16%.
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Summary of Government Fiscal Operations (1950-2023)
Provides yearly fiscal data on revenue, expenditure, deficits, financing in LKR millions and as a share of GDP. Source: Table 6, Special Statistical Appendix, CBSL Annual Report (Various Years)
Cross Country Comparison of Overall Balance
Provides the overall fiscal balance as a share of GDP for most countries in the world. Source: World Economic Outlook Database, October 2020, IMF
Cross Country Comparison of Primary Balance
Provides the primary balance as a share of GDP for most countries in the world. Source: World Economic Outlook Database, October 2020, IMF
Financing of the Government Net Cash Deficit (Monthly)
Provides monthly breakdown of deficit financing in LKR millions from Jan 2016 to November 2020. The presentation of this data was discontinued after November 2020.
Government Fiscal Operations (Actual and Estimate)
Provides annual approved estimates and actual data on revenue, expenditure, deficits, financing in LKR millions and as a share of GDP. Source: Central Bank Annual Reports Table 6.1
Financing of the government net cash deficit
Provides the methods of financing of the government's net cash deficit decomposed into domestic and foreign financing in LKR millions. Source: Table 101, Statistical Appendix, CBSL Annual Report