Sri Lanka's Economy At a Glance
Updated as on May, 2018
|
| KEY ECONOMIC INDICATORS OF SRI LANKA |
| |
Unit |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 (a) |
2017 H1 (a) |
| I. Real Sector |
|
|
|
|
|
|
|
|
|
| Per Capita GDP (b) (c) |
US$ |
2,744 |
3,125 |
3,351 |
3,609 |
3,821 (d) |
3,843 (a)(d) |
3,835 |
n.a. |
| Real GDP Growth (b) |
% |
8.0 (e) |
8.4 |
9.1 |
3.4 |
5.0 (d) |
4.8 (a)(d) |
4.4 |
4.0 |
| GDP (MP) (b) |
Billion US$ |
56.7 |
65.3 |
68.4 |
74.3 |
79.4 (d) |
80.6 (a)(d) |
81.3 |
42.0 |
| Agriculture (b) |
% of GDP |
8.5 |
8.2 |
7.8 |
7.8 |
7.8 (d) |
7.8 (a)(d) |
7.1 |
7.1 |
| Industry (b) |
% of GDP |
26.6 |
26.9 |
26.8 |
27.0 |
26.9 (d) |
26.2 (a)(d) |
26.8 |
28.7 |
| Services (b) |
% of GDP |
54.6 |
54.9 |
55.9 |
56.2 |
56.1 (d) |
56.6 (a)(d) |
56.5 |
58 |
| Taxes less Subsidies on products (b) |
% of GDP |
10.2 |
10.0 |
9.4 |
9.0 |
9.2 (d) |
9.4 (a)(d) |
9.6 |
6.2 |
| Investment (b) |
% of GDP |
30.4 |
33.4 |
39.1 |
33.2 |
32.3 (d) |
28.4 (a)(d) |
31.5 |
32.8 |
| National Savings (b) |
% of GDP |
28.5 |
26.3 |
33.3 |
29.9 |
29.8 (d) |
26.0 (a)(d) |
28.9 |
n.a. |
| Headline Inflation (f) |
% |
6.2 |
6.7 |
7.6 |
6.9 |
3.3 |
0.9 |
3.7 |
n.a. |
| - Food Inflation |
% |
6.9 |
8.8 |
4.7 |
7.9 |
3.8 |
4.9 |
4.4 |
n.a. |
| - Non-Food Inflation |
% |
5.6 |
5.0 |
10.0 |
6.1 |
2.8 |
-2.5 |
3.1 |
n.a. |
| - Core inflation |
% |
7.0 |
6.9 |
5.8 |
4.4 |
3.5 |
3.1 |
5.1 |
n.a. |
| Headline Inflation (g) |
% |
- |
- |
- |
- |
- |
2.2 |
4.0 |
5.5 |
| - Food Inflation |
% |
- |
- |
- |
- |
- |
5.5 |
6.1 |
7.6 |
| - Non-Food Inflation |
% |
- |
- |
- |
- |
- |
1.0 |
3.1 |
4.6 |
| - Core inflation |
% |
- |
- |
- |
- |
- |
4.9 |
4.4 |
5.5 |
| II. Fiscal Sector |
|
|
|
|
|
|
|
|
|
| Revenue Collection |
Billion US$ |
7.2 |
8.8 |
8.2 |
8.8 |
9.2 |
10.7 |
11.6 |
5.8 |
| Fiscal Deficit (excluding grants) (b) |
% of GDP |
-7.2 |
-6.4 |
-5.8 |
-5.5 |
-5.8 |
-7.6 |
-5.5 |
-2.6 |
| Fiscal Deficit (including grants) (b) |
% of GDP |
-7.0 |
-6.2 |
-5.6 |
-5.4 |
-5.7 |
-7.6 |
-5.4 |
-2.6 |
| Public Debt (b) |
% of GDP |
71.6 |
71.1 |
68.7 |
70.8 |
71.3 |
77.6 |
79.3 |
n.a. |
| - of which foreign debt (b) |
% of GDP |
31.6 |
32.3 |
31.7 |
30.9 |
30.0 |
32.4 |
34.2 |
n.a. |
| - domestic debt (b) |
% of GDP |
40.0 |
38.8 |
37.0 |
40.0 |
41.3 |
45.3 |
45.1 |
n.a. |
| - debt servicing |
% of total revenue |
100.4 |
92.5 |
96.8 |
102.2 |
90.0 |
90.6 |
80.2 |
117.8 |
| III. External Sector |
|
|
|
|
|
|
|
|
|
| Exports (f.o.b) |
Billion US$ |
8.6 |
10.6 |
9.8 |
10.4 |
11.1 |
10.5 |
10.3 |
5.4 |
| Imports (c.i.f.) |
Billion US$ |
13.5 |
20.3 |
19.2 |
18.0 |
19.4 |
18.9 |
19.2 (d) |
10.1 |
| Trade Deficit |
Billion US$ |
-4.8 |
-9.7 |
-9.4 |
-7.6 |
-8.3 |
-8.4 |
-8.9 (d) |
-4.8 |
| Remittances |
Billion US$ |
4.1 |
5.1 |
6.0 |
6.4 |
7.0 |
7.0 |
7.2 |
3.4 |
| Earnings from Tourism |
Billion US$ |
0.6 |
0.8 |
1.0 |
1.7 |
2.4 |
3.0 |
3.5 |
1.7 |
| Current Account Balance |
Billion US$ |
-1.1 |
-4.6 |
-4.0 |
-2.5 |
-2.0 |
-1.9 |
-1.9 |
-1.5 |
| Current Account Balance (b) |
% of GDP |
-1.9 |
-7.1 |
-5.8 |
-3.4 |
-2.5 |
-2.3 |
-2.4 |
- |
| Major Inflows to the Financial Account |
|
|
|
|
|
|
|
|
|
| - Foreign Loans (net) |
Billion US$ |
2.7 |
2.9 |
-3.1 |
-1.1 |
-1.7 |
-0.8 |
-0.8 |
-1.3 |
| - Foreign Direct Investment (net) |
Billion US$ |
0.4 |
0.9 |
-0.9 |
-0.9 |
-0.8 |
-0.6 |
-0.7 |
-0.4 |
| - Portfolio Investment : Equity (net) |
Billion US$ |
-0.2 |
-0.2 |
-0.3 |
-0.2 |
-0.2 |
0.1 |
-0.0 |
-0.2 |
| - Portfolio Investment : Securities (net) |
Billion US$ |
1.5 |
1.2 |
-1.9 |
-1.8 |
-1.9 |
-0.7 |
-1.0 |
-0.8 |
| - Trade Credits (net) |
Billion US$ |
-1 |
-0.2 |
0.7 |
0.5 |
0.8 |
0.5 |
-0.2 |
-0.2 |
| External Debt and Forex Liabilities outstanding |
Billion US$ |
21.4 |
32.7 |
37.1 |
39.9 |
42.9 |
44.8 |
46.6 |
49.2 |
| External Debt and Forex Liabilities to GDP (b) |
% |
37.8 |
50.2 |
54.2 |
53.7 |
54.1 |
55.7 |
57.3 |
60.2 |
| Short-term debt to GDP (b) |
% |
10.6 |
11.1 |
10.8 |
10.1 |
9.1 |
9.5 |
9.0 |
9.5 |
| External Debt Servicing Ratio |
% of forex earnings |
11.9 |
9.3 |
13.5 |
18.7 |
14.5 |
19.2 |
17.6 |
23.0 |
| Exchange Rate (Annual Average) |
Per US$ |
113.1 |
110.6 |
127.6 |
129.1 |
130.6 |
135.9 |
145.6 |
151.5 |
| Total Foreign Assets |
Billion US$ |
8.6 |
8.0 |
8.6 |
8.6 |
9.9 |
9.3 |
8.4 |
9.1 |
| IV. Monetary & Capital Market |
|
|
|
|
|
|
|
|
|
| Growth Rate of M1 |
y-o-y |
20.9 |
7.7 |
2.6 |
7.7 |
26.3 |
16.8 |
8.6 |
6.8 |
| Growth Rate of M2 |
y-o-y |
18.0 |
20.9 |
18.3 |
18.0 |
13.1 |
17.2 |
18.9 |
22.5 |
| Growth Rate of M2b |
y-o-y |
15.8 |
19.1 |
17.6 |
16.7 |
13.4 |
17.8 |
18.4 |
21.2 |
| Weighted Avg Lending Rate |
% |
14.8 |
13.4 |
16.0 |
15.2 |
11.9 |
11.0 |
13.2 |
13.7 |
| Credit growth to Private Sector (As per M2b) |
% |
24.9 |
34.5 |
17.6 |
7.5 |
8.8 |
25.1 |
21.9 |
18.6 |
| All Share Price Index (ASPI) |
(1985=100) |
6,635.9 |
6,074.4 |
5,643.0 |
5,912.8 |
7,299.0 |
6,894.5 |
6,228.3 |
6,747.1 |
| Milanka Price Index (MPI) |
(1998 Dec=1,000) |
7,061.5 |
5,229.2 |
5,119.1 |
- |
- |
- |
- |
- |
| S&P SL 20 Index |
(2004 Dec=1,000) |
n.a. |
n.a. |
3,085.3 |
3,263.9 |
4,089.1 |
3,625.7 |
3,496.4 |
3,933.5 |
| Market Capitalisation (as leading stock mkt) |
Domestic Currency in Billion |
2,210.5 |
2,213.9 |
2,167.6 |
2,459.9 |
3,104.9 |
2,938.0 |
2,745.4 |
3,041.2 |
| Market Capitalisation (as leading stock mkt) |
% of GDP |
34.5 |
30.7 |
24.8 |
25.6 |
30.0 |
26.8 |
23.2 |
47.7 |
| Market Capitalisation (as leading stock mkt) |
Billion US$ |
19.9 |
19.4 |
17.0 |
18.8 |
23.7 |
20.4 |
18.3 |
19.8 |
| V. Banking Sector Indicators |
|
|
|
|
|
|
|
|
|
| Capital adequacy ratio |
% |
16.2 |
16.0 |
16.4 |
17.6 |
16.6 |
15.4 |
15.6 |
15.0 |
| Non performing loans ratio (Net IIS) |
% |
5.4 |
3.8 |
3.7 |
5.6 |
4.2 |
3.2 |
2.6 |
2.7 |
| Profitability (R.O.E.) (After Tax) |
% |
22.0 |
19.8 |
20.3 |
16.0 |
16.6 |
16.2 |
17.3 |
18.2 |
| Profitability (R.O.A.) (Before Tax) |
% |
2.7 |
2.4 |
2.4 |
1.9 |
2.0 |
1.9 |
1.9 |
2.0 |
| (a) Provisional |
| (b) The data is based on the base year 2010 GDP estimates of Department of Census and Statistics |
| (c) Estimates updated with latest population figures |
| (d) Revised |
| (e) Data is under the 2002 base year |
| (f) Based on CCPI (2006/07=100) |
| (g) Based on CCPI (2013=100) |
| n.a. - Not available |
|
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