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Economy of Sri Lanka. Statistics, Data and Indicators

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Sri Lanka
38B+ Credit rank #76
N/A Quality of life #
101 Corruption rank#83
99 Ease of doing business#94
Sri Lanka


Sri Lanka Major Economic Indicators

Indicator Data Period
GDP Value 74.4 USD Billion 2022
GDP Annual Growth Rate -3.1 % 2Q/23
GDP Growth Rate 1.4 % 4Q/17
GDP per capita 3988 USD 2022
Inflation Rate YoY 1.3 % Sep/23
Interest Rate 10 % Oct/23
Unemployment Rate 5.2 % 2Q/23
Balance of Trade -307 USD Million | -0.307 B USD Aug/23
Current Account 90.89 USD Million | 0.091 B USD 2Q/23
Foreign Exchange Reserves 3562 LKR Million | 0.011 B USD Aug/23
Government Debt 26916228 LKR Million | 83.212 B USD 2Q/23


GDP Indicators

Indicator Data Period
GDP Value 74.4 USD Billion 2022
GDP Annual Growth Rate -3.1 % 2Q/23
GDP Growth Rate 1.4 % 4Q/17
GDP per capita 3988 USD 2022
Gross National Product 16402705 LKR Million | 50.709 USD Billion 2021
GDP Constant Prices 2597440 LKR Million | 8.03 B USD 2Q/23
GDP per capita PPP 12200 USD 2022
GDP From Agriculture  229305 LKR Million | 0.709 B USD 2Q/23
GDP From Construction  187194 LKR Million | 0.579 B USD 2Q/23
GDP From Manufacturing  360709 LKR Million | 1.115 B USD 4Q/21
GDP From Mining  36737 LKR Million | 0.114 B USD 2Q/23
GDP From Public Administration  155969 LKR Million | 0.482 B USD 2Q/23
GDP From Services  1541492 LKR Million | 4.766 B USD 2Q/23
GDP From Transport  273602 LKR Million | 0.846 B USD 2Q/23
GDP From Utilities  44576 LKR Million | 0.138 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 114 % 2022
Government Budget Value -2459967 LKR Million | -7.605 USD Billion 2022
Government Spending 1727261 LKR Million | 5.34 USD Billion 2022
Government Debt 26916228 LKR Million | 83.212 USD Billion 2Q/23
Government Revenues 2012589 LKR Million | 6.222 B USD 2022
Fiscal Expenditure  4472556 LKR Million | 13.827 B USD 2022
Government Budget to GDP -10.2 % 2022
Military Expenditure 1054 USD Million | 1.054 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 192 index points Sep/23
Export Prices 221 index points Aug/23
Food Inflation -5.2 % Sep/23
GDP Deflator 201 index points 2022
Import Prices 281 index points Aug/23
Inflation Rate YoY 1.3 % Sep/23
Producer Prices 235 index points Aug/23
Inflation Rate Mom 0.88 % Sep/23
Core Consumer Prices 189 Index Points Aug/23
Core Inflation Rate 1.9 % Sep/23
CPI Housing Utilities 147 Index Points Sep/23
CPI Transportation 229 Index Points Sep/23
Producer Prices Change  -3.2 % Jul/23


Trade Indicators

Indicator Data Period
Current Account to GDP -1.9 % 2022
Balance of Trade -307 USD Million | -0.307 USD Billion Aug/23
Current Account 90.89 USD Million | 0.091 USD Billion 2Q/23
Exports 1119 USD Million | 1.119 USD Billion Aug/23
External Debt 52412 USD Million | 52.412 USD Billion 2Q/23
Foreign Exchange Reserves 3562 LKR Million | 0.011 USD Billion Aug/23
Imports 1426 USD Million | 1.426 USD Billion Aug/23
Terms of Trade  78.59 Index Points Aug/23
Tourism Revenues  219 USD Million | 0.219 B USD Jul/23
Tourist Arrivals 111938 Persons | 0.112 Million Persons Sep/23


Money Indicators

Indicator Data Period
Bank Lending Rate 15.29 % Aug/23
Gold Reserves 0.47 Tonnes 2Q/23
Interbank Rate 6.96 % Oct/23
Interest Rate 10 % Oct/23
Money Supply M0 1096018 LKR Million | 3.388 USD Billion Jul/23
Money Supply M1 1531451 LKR Million | 4.734 USD Billion Jul/23
Money Supply M2 11080819 LKR Million | 34.256 USD Billion Jul/23
Central Bank Balance Sheet 4957666 LKR Million | 15.327 B USD Jul/23
Deposit Interest Rate 5.5 % Jun/20
Foreign Direct Investment 111 USD Million | 0.111 B USD 2Q/23
Private Sector Credit  8131436 LKR Million | 25.138 B USD Jul/23


Labor Indicators

Indicator Data Period
Minimum Wages 12500 LKR/Month | 38.644 USD/Month 2023
Unemployment Rate 5.2 % 2Q/23
Youth Unemployment Rate 23.8 % 3Q/22
Employed Persons 8199792 Person | 8.2 Million Person 1Q/23
Employment Rate  94.8 % 2Q/23
Labor Force Participation Rate 48.6 % 2Q/23
Living Wage Family 52100 LKR/Month | 279.809 USD/Month 2018
Living Wage Individual 29100 LKR/Month | 156.285 USD/Month 2018
Unemployed Persons 399999 Persons | 0.4 Million Persons 1Q/23
Wages High Skilled 57500 LKR/Month | 308.81 USD/Month 2018
Wages Low Skilled  21500 LKR/Month | 115.468 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Industrial Production 7.2 % Aug/23


Business Indicators

Indicator Data Period
Business Confidence 74 index points 2Q/23
Corruption Index 36 index points 2022
Corruption Rank 101 place 2022
Ease of Doing Business 99 place 2019
Manufacturing PMI 49.3 index points Aug/23
Manufacturing Production 7.2 % Jul/23
Services PMI 57.6 index points Aug/23
Competitiveness Index 57.11 Index Points 2019
Competitiveness Rank 84 2019


Consumer Indicators

Indicator Data Period
Consumer Spending 14973295 LKR Million | 46.29 USD Billion 2022