Taxes on goods and services as a share of revenue fell 18.7% to 41.6% in Sri Lanka in 2020, according to the National Statistical Office.
Historically, taxes on goods and services as a share of revenue in Sri Lanka reached an all time high of 59.8% in 2004 and an all time low of 37.5% in 2009.
Sri Lanka has been ranked 23rd within the group of 111 countries we follow in terms of taxes on goods and services as a share of revenue, 1 place below the position seen 10 years ago.
| Taxes on Goods and Services (As % of Revenue) | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Bangladesh | % | ... | 28.2% | 31.3% | 32.3% | 49.2% | 49.8% | |||||||||||||||
| Cambodia | % | ... | ... | 42.0% | 45.9% | 44.0% | 45.8% | 48.0% | ||||||||||||||
| China | % | ... | ... | ... | ... | ... | 38.4% | 35.3% | 34.7% | 32.9% | 32.6% | |||||||||||
| India | % | 25.6% | 29.8% | 32.9% | 37.3% | 40.9% | ... | ... | ||||||||||||||
| Indonesia | % | ... | 34.1% | 37.8% | 35.8% | 38.1% | 35.9% | |||||||||||||||
| Laos | % | ... | ... | ... | ... | ... | ... | 45.7% | 45.6% | 54.9% | 53.5% | ... | ... | ... | ||||||||
| Malaysia | % | 14.9% | 22.8% | 29.0% | 28.7% | 19.5% | ||||||||||||||||
| Maldives | % | ... | ... | 41.0% | ... | ... | ... | ... | ... | ... | ||||||||||||
| Myanmar | % | ... | ... | ... | ... | ... | ... | 12.2% | 15.3% | 23.9% | 19.7% | 23.7% | ... | |||||||||
| Pakistan | % | 31.4% | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Singapore | % | 23.6% | 23.2% | 22.9% | 19.8% | 21.1% | ||||||||||||||||
| Sri Lanka | % | 45.4% | 49.6% | 49.6% | 55.6% | 54.8% | ||||||||||||||||
| Thailand | % | 41.7% | 42.7% | 42.6% | 43.4% | 42.3% | ||||||||||||||||
| Vietnam | % | ... | ... | ... | ... | ... | ... | ... |
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