|
Advertisements:
EconomyEconomy - overview
Sri Lanka continues to experience strong economic growth, driven by large-scale reconstruction and development projects following the end of the 26-year conflict with the LTTE. Sri Lanka is pursuing a combination of government directed policies, private investment, both foreign and domestic, to spur growth in disadvantaged areas, develop small and medium enterprises, and increase agricultural productivity. The government struggles with high debt interest payments, a bloated civil service, and historically high budget deficits. However recent reforms to the tax code have resulted in higher revenue and lower budget deficits in recent years. The 2008-09 global financial crisis and recession exposed Sri Lanka's economic vulnerabilities and nearly caused a balance of payments crisis. Growth slowed to 3.5% in 2009. Economic activity rebounded strongly with the end of the war and an IMF agreement, resulting in two straight years of high growth in 2010 and 2011. Per capita income of $5,600 on a purchasing power parity basis is among the highest in the region. Gdp (purchasing power parity) World Ranking: 66
$118 billion (2011 est.)
$109.1 billion (2010 est.) $101 billion (2009 est.) Note Data are in 2011 US dollars Gdp (official exchange rate)
$59.1 billion (2011 est.)
Gdp - real growth rate World Ranking: 19
8.2% (2011 est.)
8% (2010 est.) 3.5% (2009 est.) Gdp - per capita (ppp) World Ranking: 144
$5,700 (2011 est.)
$5,300 (2010 est.) $5,000 (2009 est.) Note Data are in 2011 US dollars Gdp - composition by sector
Agriculture 13%
Industry 29.6% Services 57.4% (2011 est.) Labor force World Ranking: 57
8.307 million (2011 est.)
Labor force - by occupation
Agriculture 32.7%
Industry 24.2% Services 43.1% (December 2010 est.) Unemployment rate World Ranking: 38
4.2% (2011 est.)
4.9% (2010 est.) Population below poverty line
8.9% (2010 est.)
Household income or consumption by percentage share
Lowest 10% 1.7%
Highest 10% 36.8% (2009) Distribution of family income - gini index World Ranking: 25
49 (2009)
46 (1995) Investment (gross fixed) World Ranking: 29
27.3% of GDP (2011 est.)
Budget
Revenues $8.495 billion
Expenditures $12.63 billion (2011 est.) Taxes and other revenues World Ranking: 197
14.4% of GDP (2011 est.)
Budget surplus (+) or deficit (-) World Ranking: 183
-7% of GDP (2011 est.)
Public debt World Ranking: 25
79.4% of GDP (2011 est.)
81.9% of GDP (2010 est.) Note Covers central government debt, and excludes debt instruments directly owned by government entities other than the treasury (e.g. commercial bank borrowings of a government corporation); the data includes treasury debt held by foreign entities as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds, such as for retirement; sub-national entities are usually not permitted to sell debt instruments Inflation rate (consumer prices) World Ranking: 157
7% (2011 est.)
5.9% (2010 est.) Central bank discount rate World Ranking: 42
7% (31 December 2011 est.)
7.25% (31 December 2010) Commercial bank prime lending rate World Ranking: 105
9.41% (31 December 2011 est.)
9.29% (31 December 2010 est.) Stock of narrow money World Ranking: 109
$3.867 billion (31 December 2011 est.) $3.67 billion (31 December 2010 est.) Stock of broad money World Ranking: 81
$21.89 billion (31 December 2011 est.) $16.34 billion (31 December 2010 est.) Stock of domestic credit World Ranking: 78
$24.21 billion (31 December 2011 est.) $20.44 billion (31 December 2010 est.) Market value of publicly traded shares World Ranking: 64
$19.44 billion (31 December 2011) $19.92 billion (31 December 2010) $8.133 billion (31 December 2009) Agriculture - products
Rice, sugarcane, grains, pulses, oilseed, spices, vegetables, fruit, tea, rubber, coconuts; milk, eggs, hides, beef; fish Industries
Processing of rubber, tea, coconuts, tobacco and other agricultural commodities; telecommunications, insurance, banking; tourism, shipping; clothing, textiles; cement, petroleum refining, information technology services, construction Industrial production growth rate World Ranking: 13
10.1% (2011 est.)
Electricity - production World Ranking: 90
10.71 billion kWh (2010 est.)
Electricity - consumption World Ranking: 90
9.268 billion kWh (2010 est.)
Electricity - exports
0 kWh (2009 est.)
Electricity - imports
0 kWh (2009 est.)
Oil - production World Ranking: 108
636.5 bbl/day (2010 est.)
Oil - consumption World Ranking: 79
92,000 bbl/day (2010 est.)
Oil - exports World Ranking: 199
0 bbl/day (2009 est.)
Oil - imports World Ranking: 69
84,730 bbl/day (2009 est.)
Oil - proved reserves World Ranking: 195
0 bbl (1 January 2011 est.)
Natural gas - production World Ranking: 128
0 cu m (2009 est.)
Natural gas - consumption World Ranking: 132
0 cu m (2009 est.)
Natural gas - exports World Ranking: 183
0 cu m (2009 est.)
Natural gas - proved reserves World Ranking: 130
0 cu m (1 January 2011 est.)
Current account balance World Ranking: 162
-$4 billion (2011 est.)
-$1.472 billion (2010 est.) Exports World Ranking: 95
$10.19 billion (2011 est.)
$8.307 billion (2010 est.) Exports - commodities
Textiles and apparel, tea and spices; rubber manufactures; precious stones; coconut products, fish Exports - partners
US 20.1%, UK 9.3%, India 6.3%, Italy 5.1%, Germany 5%, Belgium 4.5% (2011) Imports World Ranking: 76
$20.02 billion (2011 est.)
$12.16 billion (2010 est.) Imports - commodities
Petroleum, textiles, machinery and transportation equipment, building materials, mineral products, foodstuffs Imports - partners
India 26%, China 15.9%, Singapore 7.1%, Iran 6.2%, Japan 5% (2011) Reserves of foreign exchange and gold World Ranking: 80
$7.9 billion (31 December 2011 est.) $7.197 billion (31 December 2010 est.) Debt - external World Ranking: 77
$22.81 billion (31 December 2011 est.) $20.45 billion (31 December 2010 est.) Stock of direct foreign investment - at home
$NA
Stock of direct foreign investment - abroad
$NA
Exchange rates
Sri Lankan rupees (LKR) per US dollar - 110.57 (2011 est.)113.06 (2010 est.) 114.95 (2009) 108.33 (2008) 110.78 (2007) Fiscal year
Calendar year
Comments
Add a new comment: |
Advertisement
Members area
Sri Lanka (Sri Jayawardenepura Kotte):
GPS points from Sri Lanka (Sri Jayawardenepura Kotte)
Ramala Kanda Southern
Mukkaliya North Western
Tirukesvaram North Eastern Province
Paragala Southern
Pokkan Kulam North Eastern
Mutwal Point Western Province
Therunnansegama Province Of Sabaragamuwa
Shanguwari Central |
viewweather.com
sv.ViewWeather.com fr.ViewWeather.com da.ViewWeather.com de.ViewWeather.com es.ViewWeather.com |
www.carpati.org www.searchromania.net |
es.getamap.org fr.getamap.org de.getamap.org nl.getamap.org da.getamap.org www.getamap.org |
Links
Terms of use Privacy policy # 0.0230 sec |
contact AT getamap.net © 2006 - 2024 https://www.getamap.net/ |