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Sri Lanka - Tax Revenue 2020

Name: Sri Lanka Tax Revenue 2020
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Tax revenue as % of GDP · World Bank

7.78% −3.13% from 2019 Global rank: 8th

Sri Lanka's tax revenue was 7.78% in 2020, decreased +3.13% from 10.90% in 2019. This was the 8th highest globally.

Global Ranking - 2020▾

Tax Revenue by Country - 2020
Rank	Country	Value	YoY
1st	Somalia, Fed. Rep.	0.00%	-21.4%
2nd	United Arab Emirates	0.67%	-28.7%
3rd	Bahrain	2.82%	-1.9%
4th	Congo, Democratic Republic of	6.71%	-4.8%
5th	Guinea-Bissau	6.95%	-18.6%
6th	Bangladesh	7.00%	-8.3%
7th	Micronesia, Federated States of	7.03%	-64.7%
8th	Sri Lanka	7.78%	-28.7%
9th	Saudi Arabia	7.88%	19.3%
10th	China	7.92%	-4.9%
11th	Equatorial Guinea	8.01%	-13.9%
12th	Panama	8.05%	-6.9%
13th	Kazakhstan	8.32%	-29.4%
14th	Congo, Republic of	8.32%	17.2%
15th	Central African Republic	8.71%	4.7%
16th	Lebanon	8.90%	-42.2%
17th	Switzerland	9.34%	-5.7%
18th	Lao PDR	9.40%	-18.0%
19th	Paraguay	9.51%	-4.8%
20th	Madagascar	9.52%	-9.6%
21st	Guatemala	9.96%	-4.6%
22nd	United States	10.29%	3.4%
23rd	Argentina	10.71%	3.0%
24th	Russian Federation	10.80%	-1.3%
25th	Cameroon	10.87%	-9.6%
26th	Malaysia	10.88%	-8.8%
27th	Germany	11.16%	-6.2%
28th	Ghana	11.34%	-5.5%
29th	Uganda	11.39%	-6.9%
30th	Tanzania	11.63%	5.5%
31st	Côte d'Ivoire	11.79%	1.0%
32nd	Papua New Guinea	11.88%	-8.8%
33rd	Mali	11.95%	-2.3%
34th	Belarus	12.02%	-9.6%
35th	Malawi	12.13%	1.3%
36th	Costa Rica	12.24%	-8.1%
37th	Bhutan	12.28%	-15.3%
38th	Gabon	12.43%	8.3%
39th	Dominican Republic	12.51%	-6.3%
40th	Timor-Leste	12.64%	-44.6%
41st	Andorra	12.66%	-8.0%
42nd	Togo	12.72%	-6.4%
43rd	Brazil	12.72%	-7.4%
44th	Singapore	12.74%	-3.3%
45th	Ecuador	12.94%	-3.4%
46th	Burundi	12.96%	-4.1%
47th	Peru	13.22%	-9.0%
48th	Cambodia	13.29%	-8.8%
49th	Uzbekistan	13.40%	18.6%
50th	Spain	13.45%	-1.6%
51st	Canada	13.52%	6.1%
52nd	Burkina Faso	13.74%	-12.1%
53rd	Mexico	13.90%	8.7%
54th	Philippines	13.95%	-3.7%
55th	Korea	14.01%	-2.3%
56th	Kyrgyz Republic	14.04%	-12.1%
57th	Vanuatu	14.04%	-20.2%
58th	Colombia	14.05%	-5.7%
59th	Czechia	14.07%	-3.1%
60th	Mongolia	14.15%	-16.1%
61st	Romania	14.23%	-2.7%
62nd	Kenya	14.30%	-5.3%
63rd	St. Kitts and Nevis	15.04%	-13.6%
64th	Honduras	15.07%	-13.1%
65th	Rwanda	15.07%	3.2%
66th	Azerbaijan	15.19%	6.8%
67th	Thailand	15.19%	-1.3%
68th	Nepal	15.77%	-20.4%
69th	Ireland	15.93%	-8.2%
70th	Jordan	15.98%	7.9%
71st	North Macedonia	16.13%	-5.6%
72nd	San Marino	16.14%	-4.6%
73rd	Chile	16.20%	-8.6%
74th	Latvia	16.28%	0.5%
75th	Zambia	16.42%	-1.6%
76th	Albania	16.90%	-5.8%
77th	Nicaragua	17.01%	-2.4%
78th	Marshall Islands	17.16%	-7.8%
79th	Poland	17.29%	0.9%
80th	Senegal	17.45%	-5.3%
81st	Türkiye	17.49%	5.8%
82nd	Palau	17.89%	-2.5%
83rd	Moldova	17.91%	1.4%
84th	Bahamas, The	17.93%	8.3%
85th	Fiji	18.02%	-22.5%
86th	Cabo Verde	18.39%	0.9%
87th	El Salvador	18.39%	1.7%
88th	Slovak Republic	18.46%	-1.6%
89th	Uruguay	18.55%	3.8%
90th	Bosnia and Herzegovina	18.75%	-5.4%
91st	Ukraine	19.15%	-0.2%
92nd	European Union	19.58%	-1.5%
93rd	Finland	20.01%	-3.7%
94th	Morocco	20.02%	0.5%
95th	Maldives	20.11%	0.9%
96th	Bulgaria	20.20%	-1.9%
97th	Tonga	20.39%	-3.6%
98th	Mauritius	20.42%	6.8%
99th	Slovenia	20.49%	-5.6%
100th	Lithuania	20.50%	2.1%
101st	Angola	20.52%	81.8%
102nd	Estonia	20.72%	-1.6%
103rd	Croatia	20.88%	-5.0%
104th	Solomon Islands	21.05%	-5.3%
105th	Georgia	21.18%	-7.5%
106th	Norway	21.25%	-8.7%
107th	Kiribati	21.53%	-3.5%
108th	Mozambique	21.53%	-19.3%
109th	Armenia	21.86%	-1.9%
110th	Belgium	21.86%	-3.3%
111th	Macao SAR, China	21.88%	-26.6%
112th	Cyprus	21.94%	-4.9%
113th	Iceland	21.99%	1.5%
114th	Israel	22.04%	-0.8%
115th	Portugal	22.26%	-0.8%
116th	Botswana	22.27%	5.6%
117th	Serbia	22.43%	-2.5%
118th	Malta	22.49%	-10.4%
119th	Australia	22.51%	-3.5%
120th	Hungary	22.69%	2.0%
121st	South Africa	23.26%	-6.4%
122nd	Jamaica	23.67%	-7.3%
123rd	Netherlands	23.92%	1.5%
124th	Samoa	24.42%	0.1%
125th	United Kingdom	24.54%	-1.5%
126th	Austria	24.67%	-4.4%
127th	France	24.79%	0.5%
128th	Italy	24.85%	0.7%
129th	Greece	24.99%	-3.6%
130th	Luxembourg	25.69%	-4.5%
131st	Sweden	27.01%	-2.5%
132nd	Eswatini	27.09%	10.4%
133rd	New Zealand	27.33%	-2.9%
134th	Namibia	31.21%	2.7%
135th	Denmark	34.47%	-1.4%
136th	Lesotho	35.99%	10.6%
137th	Nauru	44.35%	29.9%

FAQ

What was Sri Lanka's tax revenue in 2020?▾

Sri Lanka's tax revenue in 2020 was 7.78%. This ranked 8th globally.

How did Sri Lanka's tax revenue change in 2020?▾

Sri Lanka's tax revenue decreased by 28.7% in 2020 compared to 2019.

Which country had the highest tax revenue in 2020?▾

Nauru had the highest tax revenue in 2020 at 44.35%.

What is the tax revenue of Sri Lanka in 2020?▾

The tax revenue of Sri Lanka in 2020 was 7.78%. This ranked 8th globally.

How does 2020 compare to 2019 for Sri Lanka's tax revenue?▾

Sri Lanka's tax revenue went from 10.90% in 2019 to 7.78% in 2020, a 28.7% decrease.

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