Economic Trivia

Sri Lanka has one of the largest GDPs per capita in South Asia.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2017): India, China, and United States
Top 3 Exported Goods (2017): Apparel: Knit, Apparel: Non Knit, and Coffee & Spices

Top Industries Source: CIA World Factbook

Processing of Rubber; Tea; Coconuts; Tobacco and other Agricultural Commodities

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $297,760,017,947 (2019)
GDP Growth Rate (annual %) 2.283% (2019)
GDP Per Capita, PPP (current international) $13,657 (2019)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 56/196 (2019)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 3.528% (2019)
External debt stocks, total (DOD, current US$) $56,095,468,647 (2019)
Total tax rate (% of commercial profits) 55.2% (2019)
Real Interest Rate (5 year average %) 8.859% (2019)
Manufacturing, value added (% of GDP) 16.361% (2019)
Current Account Balance (BoP, current US$) ($1,808,060,465) (2019)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 8,971,002 (2020)
Employment in Agriculture (% of total employment) 23.726% (2020)
Employment in Industry (% of total employment) 30.377% (2020)
Employment in Services (% of total employment) 45.896% (2020)
Unemployment Rate 4.178% (2020)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $24,569,911,488 (2019)
Exports of goods and services (current US$) $19,426,214,046 (2019)
Total Merchandise Trade (% of GDP) 0% (2019)
FDI, net inflows (BoP, current US$) $758,186,663 (2019)
Commercial Service Exports (current US$) $7,453,060,220 (2019)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Sri Lanka’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank