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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 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



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