Sri Lanka - Budget Deficit 2020
-13.36%
−5.84% from 2019
Sri Lanka's budget deficit was -13.36% in 2020, decreased +5.84% from -7.52% in 2019. This was the 14th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | San Marino | -37.59% | -34,707.4% |
| 2nd | Maldives | -23.70% | -262.2% |
| 3rd | Libya | -22.27% | -286.7% |
| 4th | Macao SAR, China | -21.41% | -248.3% |
| 5th | Timor-Leste | -18.90% | 25.7% |
| 6th | Ghana | -17.44% | -132.0% |
| 7th | Bahrain | -17.31% | -102.0% |
| 8th | Aruba | -16.91% | -6,773.2% |
| 9th | Brunei Darussalam | -15.77% | -327.5% |
| 10th | Seychelles | -15.75% | -3,822.5% |
| 11th | Oman | -15.67% | -224.5% |
| 12th | United States | -14.12% | -143.3% |
| 13th | Zambia | -13.76% | -46.3% |
| 14th | Sri Lanka | -13.36% | -77.7% |
| 15th | United Kingdom | -13.17% | -432.9% |
| 16th | Palau | -13.02% | -3,517.2% |
| 17th | India | -12.86% | -67.2% |
| 18th | Iraq | -12.82% | -1,636.6% |
| 19th | Bolivia, Plurinational State of | -12.72% | -75.5% |
| 20th | Suriname | -11.95% | 40.9% |
| 21st | Trinidad and Tobago | -11.83% | -218.1% |
| 22nd | Brazil | -11.64% | -139.5% |
| 23rd | St. Lucia | -11.37% | -223.9% |
| 24th | Montenegro | -11.01% | -533.9% |
| 25th | Canada | -10.95% | -64,305.9% |
| 26th | Botswana | -10.87% | -27.4% |
| 27th | Israel | -10.70% | -182.3% |
| 28th | Algeria | -10.52% | -23.6% |
| 29th | Mauritius | -10.45% | -27.6% |
| 30th | Greece | -10.34% | -11,919.8% |
| 31st | Saudi Arabia | -10.22% | -157.8% |
| 32nd | Panama | -10.20% | -252.8% |
| 33rd | Jordan | -10.11% | -40.6% |
| 34th | Spain | -10.03% | -229.8% |
| 35th | Guinea-Bissau | -9.64% | -149.6% |
| 36th | Senegal | -9.64% | 30.8% |
| 37th | South Africa | -9.62% | -89.7% |
| 38th | China | -9.56% | -59.3% |
| 39th | Rwanda | -9.54% | -88.0% |
| 40th | Romania | -9.54% | -109.6% |
| 41st | Italy | -9.38% | -546.8% |
| 42nd | Cabo Verde | -9.29% | -474.7% |
| 43rd | Mongolia | -9.24% | -1,021.2% |
| 44th | Hong Kong SAR, China | -9.23% | -1,483.0% |
| 45th | Georgia | -9.16% | -401.8% |
| 46th | Japan | -9.08% | -198.0% |
| 47th | Tunisia | -9.06% | -151.4% |
| 48th | Belgium | -9.04% | -341.2% |
| 49th | France | -8.93% | -273.3% |
| 50th | Papua New Guinea | -8.85% | -77.9% |
| 51st | Iceland | -8.73% | -455.1% |
| 52nd | Australia | -8.73% | -98.0% |
| 53rd | Malta | -8.72% | -1,307.9% |
| 54th | Argentina | -8.67% | -95.1% |
| 55th | Belize | -8.57% | -195.2% |
| 56th | Costa Rica | -8.38% | -25.4% |
| 57th | Fiji | -8.34% | -128.5% |
| 58th | Austria | -8.20% | -1,630.6% |
| 59th | El Salvador | -8.18% | -166.4% |
| 60th | Peru | -8.16% | -496.6% |
| 61st | Kenya | -8.13% | -9.7% |
| 62nd | Namibia | -8.07% | -47.0% |
| 63rd | North Macedonia | -8.05% | -308.9% |
| 64th | Malawi | -8.03% | -76.6% |
| 65th | Dominican Republic | -7.94% | -129.6% |
| 66th | Guyana | -7.78% | -209.2% |
| 67th | Uganda | -7.76% | -61.2% |
| 68th | Slovenia | -7.68% | -1,227.3% |
| 69th | Dominica | -7.53% | 13.6% |
| 70th | Hungary | -7.49% | -269.9% |
| 71st | Egypt, Arab Republic of | -7.47% | 1.7% |
| 72nd | Nepal | -7.47% | -74.9% |
| 73rd | Ecuador | -7.38% | -112.7% |
| 74th | West Bank and Gaza | -7.37% | -64.6% |
| 75th | Lebanon | -7.37% | 29.9% |
| 76th | Croatia | -7.23% | -412.6% |
| 77th | Morocco | -7.15% | -87.9% |
| 78th | Colombia | -7.13% | -104.6% |
| 79th | Bahamas, The | -7.11% | -323.2% |
| 80th | Chile | -7.10% | -159.8% |
| 81st | Togo | -7.05% | -523.0% |
| 82nd | Kazakhstan | -7.04% | -1,134.6% |
| 83rd | Pakistan | -7.03% | 9.7% |
| 84th | Serbia | -6.91% | -172,725.0% |
| 85th | Poland | -6.85% | -833.7% |
| 86th | Singapore | -6.73% | -278.7% |
| 87th | Albania | -6.67% | -247.0% |
| 88th | Burundi | -6.58% | -2.8% |
| 89th | Myanmar | -6.50% | -38.5% |
| 90th | Azerbaijan | -6.44% | -171.9% |
| 91st | Lithuania | -6.42% | -1,657.8% |
| 92nd | Antigua and Barbuda | -6.23% | -71.1% |
| 93rd | Mozambique | -6.19% | -463.4% |
| 94th | Indonesia | -6.08% | -190.5% |
| 95th | Sudan | -6.03% | 44.0% |
| 96th | St. Vincent and the Grenadines | -5.92% | -71.6% |
| 97th | Ukraine | -5.92% | -184.2% |
| 98th | Portugal | -5.75% | -5,016.2% |
| 99th | Paraguay | -5.72% | -134.2% |
| 100th | Czechia | -5.65% | -2,096.5% |
| 101st | Cyprus | -5.58% | -640.7% |
| 102nd | Philippines | -5.55% | -269.0% |
| 103rd | Finland | -5.53% | -493.1% |
| 104th | South Sudan | -5.50% | -13,192.9% |
| 105th | Estonia | -5.42% | -4,876.1% |
| 106th | Mali | -5.42% | -221.9% |
| 107th | Côte d'Ivoire | -5.42% | -144.1% |
| 108th | Armenia | -5.40% | -453.0% |
| 109th | Lao PDR | -5.37% | -67.6% |
| 110th | Moldova | -5.32% | -262.7% |
| 111th | Slovak Republic | -5.30% | -339.5% |
| 112th | Burkina Faso | -5.16% | -52.3% |
| 113th | Guatemala | -4.91% | -119.6% |
| 114th | Malaysia | -4.90% | -144.1% |
| 115th | Ireland | -4.87% | -1,299.0% |
| 116th | Iran, Islamic Republic of | -4.87% | -13.3% |
| 117th | Bangladesh | -4.84% | 10.5% |
| 118th | Niger | -4.82% | -35.4% |
| 119th | Benin | -4.68% | -786.7% |
| 120th | Türkiye | -4.64% | 1.2% |
| 121st | Uruguay | -4.64% | -70.8% |
| 122nd | Honduras | -4.58% | -5,250.6% |
| 123rd | Grenada | -4.55% | -191.7% |
| 124th | Bosnia and Herzegovina | -4.50% | -429.1% |
| 125th | Barbados | -4.47% | -247.5% |
| 126th | Thailand | -4.47% | -1,146.6% |
| 127th | Germany | -4.38% | -430.1% |
| 128th | New Zealand | -4.35% | -74.1% |
| 129th | Tajikistan | -4.34% | -112.4% |
| 130th | Yemen, Republic of | -4.30% | 26.9% |
| 131st | Mexico | -4.29% | -89.3% |
| 132nd | Eswatini | -4.22% | 32.3% |
| 133rd | Nigeria | -4.03% | -21.7% |
| 134th | Liberia | -4.02% | 18.4% |
| 135th | Russian Federation | -3.99% | -306.7% |
| 136th | Madagascar | -3.96% | -178.5% |
| 137th | Latvia | -3.85% | -876.6% |
| 138th | Netherlands | -3.72% | -294.8% |
| 139th | Sierra Leone | -3.50% | -79.1% |
| 140th | Central African Republic | -3.24% | -344.1% |
| 141st | Cameroon | -3.19% | 1.7% |
| 142nd | Sweden | -3.18% | -822.7% |
| 143rd | Congo, Democratic Republic of | -3.17% | -0.2% |
| 144th | Luxembourg | -3.09% | -215.5% |
| 145th | Guinea | -3.08% | -1,723.1% |
| 146th | Kyrgyz Republic | -3.06% | -4,037.8% |
| 147th | St. Kitts and Nevis | -3.06% | -336.1% |
| 148th | Switzerland | -3.01% | -324.8% |
| 149th | Uzbekistan | -2.95% | -876.8% |
| 150th | Bulgaria | -2.92% | -203.5% |
| 151st | Belarus | -2.87% | -415.4% |
| 152nd | Jamaica | -2.87% | -438.9% |
| 153rd | Viet Nam | -2.86% | -620.7% |
| 154th | Djibouti | -2.58% | -162.4% |
| 155th | Nicaragua | -2.57% | -129.1% |
| 156th | Norway | -2.56% | -139.2% |
| 157th | Tanzania | -2.56% | -24.2% |
| 158th | Cambodia | -2.53% | -215.5% |
| 159th | Solomon Islands | -2.44% | -60.0% |
| 160th | United Arab Emirates | -2.42% | -196.8% |
| 161st | Gambia, The | -2.37% | 13.7% |
| 162nd | Afghanistan | -2.24% | -112.0% |
| 163rd | Gabon | -2.19% | -203.0% |
| 164th | Qatar | -2.13% | -313.6% |
| 165th | Korea | -2.11% | -699.7% |
| 166th | Haiti | -1.96% | 2.0% |
| 167th | Vanuatu | -1.95% | -169.3% |
| 168th | Bhutan | -1.81% | -21.6% |
| 169th | Equatorial Guinea | -1.77% | -197.1% |
| 170th | Angola | -1.66% | -339.4% |
| 171st | Congo, Republic of | -1.11% | -125.7% |
| 172nd | Andorra | -1.07% | -146.2% |
| 173rd | Puerto Rico (US) | -0.55% | -129.0% |
| 174th | Comoros | -0.52% | 88.0% |
| 175th | Zimbabwe | -0.34% | 80.4% |
| 176th | Turkmenistan | -0.16% | 60.7% |
| 177th | Kuwait | 0.14% | -98.9% |
| 178th | Somalia, Fed. Rep. | 0.29% | 4.0% |
| 179th | Denmark | 0.36% | -91.5% |
| 180th | Lesotho | 1.18% | 120.7% |
| 181st | Chad | 1.24% | 1,212.6% |
| 182nd | Marshall Islands | 2.54% | 240.7% |
| 183rd | Mauritania | 2.78% | 5.1% |
| 184th | São Tomé and Principe | 2.94% | 4,554.5% |
| 185th | Kiribati | 3.57% | -67.0% |
| 186th | Tonga | 5.25% | 60.0% |
| 187th | Samoa | 5.41% | 258.9% |
| 188th | Micronesia, Federated States of | 6.42% | -67.1% |
| 189th | Liechtenstein | 7.39% | 105.4% |
| 190th | Tuvalu | 13.69% | 1,377.1% |
| 191st | Nauru | 42.81% | 38.1% |
FAQ
What was Sri Lanka's budget deficit in 2020?▾
Sri Lanka's budget deficit in 2020 was -13.36%. This ranked 14th globally.
How did Sri Lanka's budget deficit change in 2020?▾
Sri Lanka's budget deficit decreased by 77.7% in 2020 compared to 2019.
Which country had the highest budget deficit in 2020?▾
Nauru had the highest budget deficit in 2020 at 42.81%.
What is the budget deficit of Sri Lanka in 2020?▾
The budget deficit of Sri Lanka in 2020 was -13.36%. This ranked 14th globally.
How does 2020 compare to 2019 for Sri Lanka's budget deficit?▾
Sri Lanka's budget deficit went from -7.52% in 2019 to -13.36% in 2020, a 77.7% decrease.
Related
2019
2021
All years
Full ranking 2020
Tax Revenue
Government Spending
Military Spending
Health Spending
Government Debt to GDP
Peak: 1992
Lowest: 2020
Budget Deficit 1990s
Budget Deficit 2000s
Budget Deficit 2010s
Budget Deficit 2020s
Highest ever
Lowest ever
Average
vs Bolivia, Plurinational State of
vs Eswatini
vs Djibouti
vs Philippines
Global Ranking