Taxes on goods and services as a share of revenue reached 41.6% in 2020 in Sri Lanka, according to the National Statistical Office. This is 18.7% less than in the previous year.
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.
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