The Gross Domestic Product (GDP) in Sri Lanka expanded 1.40 percent in the fourth quarter of 2017 over the same quarter of the previous year. source: Department of Census and Statistics - Sri Lanka

GDP Growth Rate in Sri Lanka averaged 5.88 percent from 2003 until 2017, reaching an all time high of 16.10 percent in the first quarter of 2012 and a record low of 0.50 percent in the fourth quarter of 2013. This page provides the latest reported value for - Sri Lanka GDP Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka GDP Growth Rate - values, historical data and charts - was last updated on November of 2020.

GDP Growth Rate in Sri Lanka is expected to be 5.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Sri Lanka to stand at 5.50 in 12 months time. In the long-term, the Sri Lanka GDP Growth Rate is projected to trend around 5.20 percent in 2021, according to our econometric models.

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Sri Lanka GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.40 3.70 16.10 0.50 2003 - 2017 percent Quarterly

Sri Lanka GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.40 3.70 16.10 0.50 percent [+]
GDP Annual Growth Rate -1.60 2.00 16.12 -1.60 percent [+]
GDP 84.01 88.43 88.43 1.24 USD Billion [+]
GDP Constant Prices 2292589.00 2737830.00 2737830.00 1414948.00 LKR Million [+]
Gross National Product 14583892.00 13976502.00 14583892.00 4115.00 LKR Million [+]
Gross Fixed Capital Formation 4070019.60 3707078.50 4070019.60 357.00 LKR Million [+]
GDP per capita 4011.70 3946.20 4011.70 585.90 USD [+]
GDP per capita PPP 13078.10 12864.60 13078.10 3878.30 USD [+]
GDP From Agriculture 153735.00 185458.00 186854.00 124301.00 LKR Million [+]
GDP From Construction 148966.00 173245.00 190372.00 77176.00 LKR Million [+]
GDP From Manufacturing 399491.00 313145.00 447545.00 270409.00 LKR Million [+]
GDP From Mining 51232.00 57700.00 67204.00 29585.00 LKR Million [+]
GDP From Public Administration 98631.00 126326.00 130706.00 82170.00 LKR Million [+]
GDP From Services 1367507.00 1507963.00 1507963.00 793066.00 LKR Million [+]
GDP From Transport 232917.00 324434.00 324434.00 135720.00 LKR Million [+]
GDP From Utilities 26191.00 25715.00 26191.00 16596.00 LKR Million [+]


Sri Lanka GDP Growth Rate
Sri Lanka is a developing economy off the southern coast of India. In spite of years of civil war, the country has recorded strong growth rates in recent years. The main sectors of the Sri Lanka's economy are tourism, tea export, apparel, textile and rice production. Remittances also constitute an important part of country's revenue.