Economy of Sri Lanka. Statistics, Data and Indicators
Sri Lanka
| 38B+ | Credit rank #76 |
| N/A | Quality of life # |
| 101 | Corruption rank#83 |
| 99 | Ease of doing business#94 |
Sri Lanka Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 88.93 USD Billion | 2021 |
| GDP Annual Growth Rate | -12.4 % | 4Q/22 |
| GDP Growth Rate | 1.4 % | 4Q/17 |
| GDP per capita | 4376 USD | 2021 |
| Inflation Rate YoY | 50.6 % | Feb/23 |
| Interest Rate | 15.5 % | Mar/23 |
| Unemployment Rate | 5 % | 3Q/22 |
| Balance of Trade | -410 USD Million | -0.41 B USD | Jan/23 |
| Current Account | 118 USD Million | 0.118 B USD | 3Q/22 |
| Foreign Exchange Reserves | 2217 LKR Million | 0.007 B USD | Feb/23 |
| Government Debt | 24945904 LKR Million | 76.79 B USD | 3Q/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 88.93 USD Billion | 2021 |
| GDP Annual Growth Rate | -12.4 % | 4Q/22 |
| GDP Growth Rate | 1.4 % | 4Q/17 |
| GDP per capita | 4376 USD | 2021 |
| Gross National Product | 16402705 LKR Million | 50.492 USD Billion | 2021 |
| GDP Constant Prices | 2917721 LKR Million | 8.982 B USD | 4Q/22 |
| GDP per capita PPP | 13387 USD | 2021 |
| GDP From Agriculture | 241673 LKR Million | 0.744 B USD | 4Q/22 |
| GDP From Construction | 176207 LKR Million | 0.542 B USD | 4Q/22 |
| GDP From Manufacturing | 360709 LKR Million | 1.11 B USD | 4Q/21 |
| GDP From Mining | 34617 LKR Million | 0.107 B USD | 4Q/22 |
| GDP From Public Administration | 179176 LKR Million | 0.552 B USD | 4Q/22 |
| GDP From Services | 1906078 LKR Million | 5.867 B USD | 4Q/22 |
| GDP From Transport | 386902 LKR Million | 1.191 B USD | 4Q/22 |
| GDP From Utilities | 40147 LKR Million | 0.124 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 105 % | 2021 |
| Government Budget Value | -2057925 LKR Million | -6.335 USD Billion | 2021 |
| Government Spending | 1610287 LKR Million | 4.957 USD Billion | 2021 |
| Government Debt | 24945904 LKR Million | 76.79 USD Billion | 3Q/22 |
| Government Revenues | 1463811 LKR Million | 4.506 B USD | 2021 |
| Fiscal Expenditure | 3521735 LKR Million | 10.841 B USD | 2021 |
| Government Budget to GDP | -12.2 % | 2021 |
| Military Expenditure | 1563 USD Million | 1.563 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 190 index points | Feb/23 |
| Export Prices | 247 index points | Jan/23 |
| Food Inflation | 54.4 % | Feb/23 |
| GDP Deflator | 134 index points | 2021 |
| Import Prices | 271 index points | Jan/23 |
| Inflation Rate YoY | 50.6 % | Feb/23 |
| Producer Prices | 252 index points | Jan/23 |
| Inflation Rate Mom | 0.47 % | Feb/23 |
| Core Consumer Prices | 172 Index Points | Feb/23 |
| Core Inflation Rate | 43.6 % | Feb/23 |
| CPI Housing Utilities | 137 Index Points | Feb/23 |
| CPI Transportation | 242 Index Points | Feb/23 |
| Producer Prices Change | 83.1 % | Jan/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -4 % | 2021 |
| Balance of Trade | -410 USD Million | -0.41 USD Billion | Jan/23 |
| Current Account | 118 USD Million | 0.118 USD Billion | 3Q/22 |
| Exports | 978 USD Million | 0.978 USD Billion | Jan/23 |
| External Debt | 47676 USD Million | 47.676 USD Billion | 3Q/22 |
| Foreign Exchange Reserves | 2217 LKR Million | 0.007 USD Billion | Feb/23 |
| Imports | 1388 USD Million | 1.388 USD Billion | Jan/23 |
| Terms of Trade | 91.26 Index Points | Jan/23 |
| Tourism Revenues | 108 USD Million | 0.108 B USD | Nov/22 |
| Tourist Arrivals | 107639 Persons | 0.108 Million Persons | Feb/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 24.82 % | Jan/23 |
| Gold Reserves | 0.47 Tonnes | 4Q/22 |
| Interbank Rate | 6.96 % | Mar/23 |
| Interest Rate | 15.5 % | Mar/23 |
| Money Supply M0 | 1005778 LKR Million | 3.096 USD Billion | Nov/22 |
| Money Supply M1 | 1453597 LKR Million | 4.475 USD Billion | Dec/22 |
| Money Supply M2 | 10497052 LKR Million | 32.313 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 4389005 LKR Million | 13.511 B USD | Oct/22 |
| Deposit Interest Rate | 5.5 % | Jun/20 |
| Foreign Direct Investment | 254 USD Million | 0.254 B USD | 3Q/22 |
| Private Sector Credit | 9121164 LKR Million | 28.082 B USD | Dec/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 12500 LKR/Month | 38.478 USD/Month | 2022 |
| Unemployment Rate | 5 % | 3Q/22 |
| Youth Unemployment Rate | 23.8 % | 3Q/22 |
| Employed Persons | 8010340 Person | 8.01 Million Person | 3Q/22 |
| Employment Rate | 95 % | 3Q/22 |
| Labor Force Participation Rate | 49 % | 3Q/22 |
| Living Wage Family | 52100 LKR/Month | 279.809 USD/Month | 2018 |
| Living Wage Individual | 29100 LKR/Month | 156.285 USD/Month | 2018 |
| Unemployed Persons | 419163 Persons | 0.419 Million Persons | 3Q/22 |
| Wages High Skilled | 57500 LKR/Month | 308.81 USD/Month | 2018 |
| Wages Low Skilled | 21500 LKR/Month | 115.468 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 24 % | 2022 |
| Personal Income Tax Rate | 18 % | 2022 |
| Sales Tax Rate | 8 % | 2022 |
| Social Security Rate | 20 % | 2022 |
| Social Security Rate For Companies | 12 % | 2022 |
| Social Security Rate For Employees | 8 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Industrial Production | -12.54 % | Jan/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 34 index points | 4Q/22 |
| Corruption Index | 36 index points | 2022 |
| Corruption Rank | 101 place | 2022 |
| Ease of Doing Business | 99 place | 2019 |
| Manufacturing PMI | 42.3 index points | Feb/23 |
| Manufacturing Production | -25.3 % | Dec/22 |
| Services PMI | 48.7 index points | Feb/23 |
| Competitiveness Index | 57.11 Index Points | 2019 |
| Competitiveness Rank | 84 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 11814865 LKR Million | 36.369 USD Billion | 2021 |
