Economy of Sri Lanka

Imports

Imports commoditiespetroleum, textiles, machinery and transportation equipment, building materials, mineral products, foodstuffs

Import partnersIndia 22.7%, Singapore 8.8%, UAE 7.7%, China 7%, Iran 6.1%, Malaysia 4.5% (2012)

Exports

Exports commoditiestextiles and apparel, tea and spices; rubber manufactures; precious stones; coconut products, fish

Export partnersUS 20.4%, UK 9.9%, India 5.8%, Italy 4.7%, Belgium 4.3%, Germany 4.3% (2012)

Economy sectors

Agriculture productsrice, sugarcane, grains, pulses, oilseed, spices, vegetables, fruit, tea, rubber, coconuts; milk, eggs, hides, beef; fish

Industrial productsprocessing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; tourism, shipping; clothing, textiles; cement, petroleum refining, information technology services, construction

Economy

Unemployment5.10 % (2013)4.00 % (2012)4.20 % (2011)

GDP - Official Exchange Rate65.1 Billion $ (2013)58.6 Billion $ (2012)59.2 Billion $ (2011)

GDP - Official Exchange Rate of Sri Lanka

GDP growth rate6.30 % (2013)6.40 % (2012)8.30 % (2011)

GDP per Capita (PPP)6,500 $ (2013)6,000 $ (2012)5,800 $ (2011)

GDP - Purchasing Power Parity135 Billion $ (2013)125 Billion $ (2012)118 Billion $ (2011)

GDP - Purchasing Power Parity of Sri Lanka

GDP PPP per land area2.05 Million $ per square kilometer (2013)1.90 Million $ per square kilometer (2012)1.80 Million $ per square kilometer (2011)

Electricity

Electricity - installed generating capacity2.69 Million kW

Banking

Central bank discount rate6.50 % (2013)7.50 % (2012)7.00 % (2011)

Commercial bank prime lending rate9.88 % (2013)13.3 % (2012)9.41 % (2011)

Commercial bank prime lending rate of Sri Lanka

GDP decomposition by sector

Agriculture % of GDP10.6 % (2013)11.1 % (2012)

Industry % of GDP32.4 % (2013)31.5 % (2012)

Services % of GDP57.0 % (2013)57.5 % (2012)

Tourism

International tourism, number of arrivals1.01 Million (2012)856 Thousand (2011)654 Thousand (2010)

International tourism, number of departures1.27 Million (2012)1.24 Million (2011)1.12 Million (2010)

International tourism, number of departures of Sri Lanka

Yearly Tourist arrivals to residents ratio4.68 % (2012)4.02 % (2011)3.17 % (2010)

Yearly Tourist arrivals to residents ratio of Sri Lanka

Debt, Current Account Balance and Budget Deficit

Public debt (Percentage of GDP)78.4 % of GDP (2013)79.1 % of GDP (2012)79.0 % of GDP (2011)

Public debt (Percentage of GDP) of Sri Lanka

Budget surplus (+) or deficit (-)-6.50 % of GDP

Current Account Balance (Percentage of GDP)-6.74 % of GDP (2012)-7.80 % of GDP (2011)-2.17 % of GDP (2010)

Current Account Balance (Percentage of GDP) of Sri Lanka

External Debt Stocks (Percentage of GNI)43.6 % of GNI (2012)41.0 % of GNI (2011)43.2 % of GNI (2010)

External Debt Stocks (Percentage of GNI) of Sri Lanka

Short-term debt (percentage of total external debt)7.43 % of total external debt (2012)8.05 % of total external debt (2011)8.58 % of total external debt (2010)

Short-term debt (percentage of total external debt) of Sri Lanka

Current Account Balance (Total)-2.45 Billion $ (2013)-3.93 Billion $ (2012)-4.64 Billion $ (2011)

Current Account Balance (Total) of Sri Lanka

External Debt (Total)33.7 Billion $ (2013)26.8 Billion $ (2012)22.7 Billion $ (2011)

External Debt (Percentage of GDP)51.7 % of GDP (2013)45.8 % of GDP (2012)38.3 % of GDP (2011)

External Debt (Percentage of GDP) of Sri Lanka

External Debt per Capita1,553 $ (2013)1,249 $ (2012)1,065 $ (2011)