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Country Information - Sri Lanka - SAARCFINANCE - Reserve Bank of India
Sri Lanka's Economy at a Glance
Updated as on 05, 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 | |||||||||
