Sri Lanka's other expense (current LCU) was 231 billion in 2023, the latest year in the World Bank's World Development Indicators. That is up 35.33% from 170.7 billion in 2013 (3.07% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 231 billion | 2023 |
| Five years earlier | 229.74 billion | 2018 |
| Ten years earlier | 170.7 billion | 2013 |
| Highest | 292.88 billion | 2021 |
| Lowest | 6.55 billion | 1990 |
| Average since 2014 | 239.01 billion | 2014–2023 |
| First recorded | 6.55 billion |
What the numbers say
In 2023, Sri Lanka's other expense (current LCU) fell 7.1% on 2022 (from 248.62 billion to 231 billion).
Across the 30 yearly changes before that (1993 to 2022), the average change was +12.2% and a typical year strayed about 17.7% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 52.4% in 1991 and the biggest yearly fall was 15.1% in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 6.56 billion a year. A straight line explains 33% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Sri Lanka had the 4th highest value of the 15 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Sri Lanka in the 2023 ranking
- Cambodia — 1st of 15: 1.5 trillion
- Kenya — 2nd of 15: 1.11 trillion
- Côte d'Ivoire — 3rd of 15: 240.71 billion
- Kazakhstan — 5th of 15: 218.44 billion
- Iceland — 6th of 15: 148.12 billion
- Togo — 7th of 15: 28.96 billion
What this measures
Other expense is spending on dividends, rent, and other miscellaneous expenses, including provision for consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 34 values
| Year | Other expense (current LCU) |
|---|---|
| 2023 | 231,003,440,000 |
| 2022 | 248,619,000,000 |
| 2021 | 292,875,000,000 |
| 2020 | 292,649,000,000 |
| 2019 | 220,876,000,000 |
| 2018 | 229,739,000,000 |
| 2017 | 241,885,000,000 |
| 2016 | 216,755,000,000 |
| 2015 | 240,185,000,000 |
| 2014 | 175,488,000,000 |
Other expense (current LCU) in nearby economies
- Bangladesh — 198.84 billion (2021)
- Bhutan — 10.03 billion (2020)
- India — 5.63 trillion (2022)
- Nepal — 3.23 billion (2023)
More public sector data for Sri Lanka
- Military expenditure (current USD) — 1.39 billion (2025)
- Military expenditure (current LCU) — 418.25 billion (2025)
- Military expenditure (% of GDP) — 1.31% (2025)
- Arms imports (SIPRI trend indicator values) — 11 million (2025)
- Military expenditure (% of general government expenditure) — 4.92% (2025)
- Net acquisition of financial assets (current LCU) — 234.09 billion (2023)
- Net acquisition of financial assets (% of GDP) — 0.85% (2023)
- Net incurrence of liabilities, total (current LCU) — 2.77 trillion (2023)
- Net incurrence of liabilities, total (% of GDP) — 10.07% (2023)
Reading data like this
Questions people ask
- What is Sri Lanka's other expense (current LCU)?
- 231 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 3,426% from 6.55 billion in 1990 (11.4% a year on average, compounded). The highest value was 292.88 billion in 2021 and the lowest 6.55 billion in 1990.
- How does Sri Lanka rank?
- 4th highest of 15 economies with data for 2023.
- Is the latest change in other expense (current LCU) unusual for Sri Lanka?
- In 2023, Sri Lanka's other expense (current LCU) fell 7.1% on 2022 (from 248.62 billion to 231 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +12.2% and a typical year strayed about 17.7% from that (the standard deviation). This year's change was 1.1 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator GC.XPN.OTHR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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