Gross Domestic Product of Sri Lanka fell -2.3% in 2023 compared to last year. This rate is 50 -tenths of one percent higher than the figure of -7.3% published in 2022,}.
COLOMBO, April 30 (Xinhua) -- Sri Lanka's real gross domestic product (GDP) growth for 2022 is projected at 1 percent, according to the latest report released by the central bank. The country's economic growth was 3.7 percent in 2021 and per capita GDP was 3,815 U.S. dollars, which...
Presenting his policy statement, Wickremesinghe said that despite the 1.9 percent gross domestic product (GDP) deficit in 2022, Sri Lanka achieved a surplus by the end of 2023, marking the first such occurrence since 1977.■ Sri Lankan President Ranil Wickremesinghe (L) arrives at the parliame...
Money has been printed to keep interest rates near historic low; despite a budget deficits in excess of 10 percent of gross domestic product had triggered forex shortages as soon as private credit recovered. In a Mercantilist knee jerk reaction, authorities banned vehicle imports, which are...
Already, commentaries describe the Belt and Road Initiative as one of the largest infrastructure and investment projects in history, covering more than 71 countries, including 60% of the world’s population and 33% of the global gross domestic product as of 2019. With over 200 cooperation ...
ECONOMYNEXT – Sri Lanka is expecting about 1.2 percent of gross domestic product in taxes from vehicle imports in 2025, Labour Minister and Deputy Finance Minister Anil Jayantha said. Vehicle imports will also contribute to other economic activities he said. ...
The latest value for GDP per person employed (constant 2011 PPP $) in Sri Lanka was 36,019 as of 2020. Over the past 29 years, the value for this indicator has fluctuated between 36,019 in 2020 and 11,621 in 1991. Definition:GDP per person employed is gross domestic product (GDP) ...
Definition: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated ...
Sri Lanka: Gross domestic product (GDP) per capita in current prices (in U.S. dollars) Sri Lanka: Unemployment rate Sri Lanka: Inflation rate (compared to the previous year) Sri Lanka: Import of goods (in billion U.S. dollars) Sri Lanka: Export of goods (in billion U.S. dolla...
implying a peace dividend and a policy direction towards infrastructure development. Sri Lanka’s economy has changed from a predominantly rural-based agricultural economy to a more service driven urbanized economy. In 2015, the service sector accounted for 62.4 percent of Gross Domestic Product (GDP...