Public debt as a share of GDP fell 0.440% to 97.3% in Sri Lanka in 2024, according to the National Statistical Office.
Historically, public debt as a share of GDP in Sri Lanka reached an all time high of 131% in 2022 and an all time low of 67.5% in 2012. When compared to Sri Lanka's main peers, public debt as a share of GDP in India amounted to 84.1%, 70.0% in Malaysia, 125% in Maldives and 67.3% in Myanmar in 2024.
Sri Lanka has been ranked 19th within the group of 166 countries we follow in terms of public debt as a share of GDP, 13 places above the position seen 10 years ago.
| Public Debt (As % of GDP) | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
| Bangladesh | % | 35.5% | 37.5% | 37.2% | 36.9% | 36.9% | ||||||||||||||||
| Cambodia | % | 36.3% | 36.8% | 37.2% | 37.9% | 38.4% | ||||||||||||||||
| China | % | 71.5% | 76.9% | 84.1% | 89.8% | 94.8% | ||||||||||||||||
| India | % | 84.2% | 83.4% | 83.8% | 84.1% | 83.8% | ||||||||||||||||
| Indonesia | % | 41.2% | 40.9% | 40.4% | 40.4% | 40.3% | ||||||||||||||||
| Laos | % | 93.5% | 107% | 109% | 111% | 109% | ||||||||||||||||
| Malaysia | % | 69.0% | 69.6% | 70.0% | 70.0% | 70.2% | ||||||||||||||||
| Maldives | % | 125% | 126% | 125% | 125% | 122% | ||||||||||||||||
| Myanmar | % | 62.3% | 62.5% | 63.7% | 67.3% | 70.6% | ||||||||||||||||
| Pakistan | % | 74.9% | 77.8% | 71.1% | 66.0% | 63.7% | ||||||||||||||||
| Singapore | % | 160% | 141% | 140% | 140% | 141% | ||||||||||||||||
| Sri Lanka | % | 103% | 131% | 97.7% | 97.3% | 96.6% | ... | ... | ||||||||||||||
| Thailand | % | 58.4% | 61.5% | 61.4% | 61.3% | 60.9% | ||||||||||||||||
| Vietnam | % | 39.7% | 40.2% | 40.5% | 40.8% | 40.9% |
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