This rate is 3 XL 2018 Rs. Nominal (current) Gross Domestic Product (GDP) of Sri Lanka is $87,357,205,923 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of Sri Lanka reached $82,547,720,664 in 2017.; GDP Growth Rate in 2017 was 3.31%, representing a change of 2,643,858,692 US$ over 2016, when Real GDP was $79,903,861,972. Sri Lanka’s Foreign direct investment increased by $ 18.0 million in June 2018. Sri Lanka is an upper middle-income country located in South Asia off the southern coast of India on the main east-west Indian Ocean shipping lanes. Country Report 2017 - Includes Sri Lanka real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector. In 2020, contribution of travel and tourism to GDP (% of GDP) for Sri Lanka was 12.5 %. The combination of all these economic sectors has given Sri Lanka an annual growth of close to seven percent (7%). As the graph below shows, over the past 58 years this indicator reached a maximum value of 14,449,900,000,000 in 2018 and a minimum value of 6,711,000,000 in 1960. This is one of the highest debt-to-GDP ratios in the SAARC and ASEAN region. If we order the countries according to their GDP per capita, Sri Lanka is in 118th position, its population has a low level of affluence compare tothe 196 countries whose GDP we publish. The GDP figure in 2018 was €75,276$88,901 million, Sri Lanka is number 66 in the ranking of GDP of the 196 countries that we publish. ... Crude birth rate in Sri Lanka 2008-2018; World Bank national accounts data, and OECD National Accounts data files. GDP in Sri Lanka averaged 20.83 USD Billion from 1960 until 2019, reaching an all time high of 88.43 USD Billion in 2018 and a record low of 1.24 USD Billion in 1963. During 2010 till 2015, the Chinese pumped in $5 billion worth of loans into building the Mattala Airport, Hambantota port, a coal power plant, a communications tower, and expressways. This site uses cookies to optimize functionality and give you the best possible experience. As the graph below shows, over the past 56 years this indicator reached a maximum value of 9.14 in 2012 and a minimum value of -1.55 in 2001. Sri Lanka gdp for 2018 was $88.43B, a 1.14% increase from 2017. Sri Lanka GDP (Gross Domestic Product) was INT$239.84billion for 2019 in PPP terms. In 2021, the economy is expected to recover as restrictions ease and foreign demand rebounds. GDP (current LCU) The value for GDP (current LCU) in Sri Lanka was 14,449,900,000,000 as of 2018. The Asian Development Bank expects a similar 3.8% growth in 2018 and there after a 4.5% growth is expected in 2019. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2008 when the GDP per capita in Sri Lanka was €1,589$2,336. Contribution of travel and tourism to GDP (% of GDP) of Sri Lanka increased from 6.7 % in 2001 to 12.5 % in 2020 growing at an average annual rate of 3.61%. - … International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Real GDP growth was recorded at 3.2 per cent in 2018, compared to 3.4 per cent in the previous year, the CBSL Annual Report stated. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Sri Lanka - GDP growth (annual %) The value for GDP growth (annual %) in Sri Lanka was 3.21 as of 2018. This was equal to LKR1093.6 billion in 2015 , an amount that is estimated to increase up to LKR 1979.2billion by 2025. Sri Lanka GDP Last Previous Highest Lowest Unit; GDP Growth Rate 1.40: 3.70: 16.10: 0.50: percent: GDP Annual Growth Rate 1.50-16.30: 16.12-16.30: percent: GDP 84.01: 88.43: 88.43: 1.24: USD Billion: GDP Constant Prices 2336176.00: 1816580.00: 2737830.00: 1414948.00: LKR Million The island has irrigation reservoirs called tanks built by ancient Kings starting after Indo-Aryan migration many of which survive to this day. Sri Lanka is a lower-middle-income country with a GDP per capita of USD 3,852 (2019) and a total population of 21.8 million. 300 ISBN 978-955-575-368-5. ii Printed at Central Bank Printing Press, 58, Sri Jayewardenepura Mawatha, Rajagiriya, Sri Lanka. Its foreign collection investment increased by $ 1.7 to 1.9 billion in June 2018. 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