Sri Lanka recorded a Government Budget deficit equal to 6 percent of the country’s Gross Domestic Product in 2014. Government Budget in Sri Lanka averaged -7.71 percent of GDP from 1990 until 2014, reaching an all time high of -5.90 percent of GDP in 2013 and a record low of -10.20 percent of GDP in 2001. Government Budget in Sri Lanka is reported by the Central Bank of Sri Lanka. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Sri Lanka Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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