Military Spending / Sri Lanka
Sri Lanka Military Spending
Sri Lanka military spending data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 1.43%.
COUNTRY: Sri Lanka
UNIT: percent of GDP
SOURCE: World Bank / public data sources
UPDATED: 2026-08-31 05:08:12
GM ECONOMY RATING
Sri Lanka · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
CCC
38 / 100
High vulnerability
Fiscal stability
1.1 / 25
Macroeconomic stability
10.0 / 20
External stability
6.0 / 15
Financial robustness
n/a
Structural stability
12.0 / 15
Future capacity
5.0 / 10
Demographic capacity
0.5 / 5
Method: GM Economy multi-pillar stability model with structural and financial robustness adjustment. Coverage: 86% of weighted inputs available.
Time range:
Selected year: · Value:
Sri Lanka · military spending data as percent of GDP.
Latest
1.43%
Previous
1.64%
Range avg.
1.77%
Rank
66
Countries by military spending
full rankingGM ECONOMY
Data Navigator
Countries, indicators and comparisons
CountrySri Lanka
IndicatorMilitary Spending
1.43%2024 · Rank 66
Chart range
All indicators
Prices & Inflation3
Growth & Output9
Public Finance8
Labor Market6
External Sector5
Monetary & Financial7
Population & Society7
Energy & Environment2
Interpretation
Sri Lanka recorded 1.43% for Military Spending in 2024, the latest available observation in this dataset.
The value decreased from 1.64% in 2023; the absolute change was 0.21 percentage points.
The latest observation is below the average of the last 10 available observations (1.77%).
Within the last 10 available observations, the range runs from 1.34% in 2022 to 2.42% in 2015.
Comparison
Related indicators
Government DebtGC.DOD.TOTL.GD.ZS
Government SpendingNE.CON.GOVT.ZS
Government ExpenseGC.XPN.TOTL.GD.ZS
Government RevenueGC.REV.XGRT.GD.ZS
Tax RevenueGC.TAX.TOTL.GD.ZS
Fiscal BalanceGC.BAL.CASH.GD.ZS