Fiscal Balance in Sri Lanka
The fiscal balance in Sri Lanka averaged -7.3% of GDP in the decade to 2021, which is below the Asia-Pacific average of -3.6% of GDP. The fiscal balance in Sri Lanka in 2021 was -12.2% of GDP. For more fiscal balance information, visit our dedicated page.
Sri Lanka Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Sri Lanka from 2018 to 2012.
Source: Macrobond.
Sri Lanka Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -7.5 | -12.2 | -11.7 | -10.2 | -8.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Sri Lankan fiscal balance projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Sri Lankan fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Sri Lankan fiscal balance projections.
Want to get access to the full dataset of Sri Lankan fiscal balance forecasts? Send an email to info@focus-economics.com.