Sri Lanka GDP Growth Rate2022 Data - 2023 Forecast - 2003-2021 Historical - Chart

Name: Sri Lanka GDP Growth Rate
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Keywords: Sri Lanka,GDP Growth Rate,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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 July of 2022.

GDP Growth Rate in Sri Lanka is expected to be 1.00 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 3.00 in 12 months time. In the long-term, the Sri Lanka GDP Growth Rate is projected to trend around 3.00 percent in 2021, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP Growth Rate	1.40	3.70	percent	Dec 2017
GDP Annual Growth Rate	-1.60	2.00	percent	Mar 2022
GDP Constant Prices	3463101.00	3343517.00	LKR Million	Mar 2022
GDP From Construction	303772.00	278360.00	LKR Million	Mar 2022
GDP From Agriculture	219263.00	248742.00	LKR Million	Mar 2022
GDP From Utilities	43664.00	50910.00	LKR Million	Mar 2022
GDP From Transport	400647.00	360443.00	LKR Million	Mar 2022
GDP From Services	1997138.00	1981564.00	LKR Million	Mar 2022
GDP From Public Administration	140813.00	183312.00	LKR Million	Mar 2022
GDP From Mining	76513.00	70683.00	LKR Million	Mar 2022
GDP From Manufacturing	360709.00	425455.00	LKR Million	Dec 2021

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.