Official title:
Democratic Socialist Republic of Sri Lanka
General information:
Capital: Colombo
Population: 22,775,906 (2021 est.)
Total area: 65,610 km2
Currency: Sri Lankan rupee (LKR)
National holiday: Independence Day, 4 February (1948)
Official languages: Sinhala and Tamil
Recognized languages: English
Type of government:
Unitary semi-presidential constitutional republic
Diplomatic and consular representative: H.E. Mr Majintha Joseph Priye Jayesinghe
Economy:
GDP (nominal): $78,817 billion (2021 est.)
GDP (nominal) per capita: $3,577 (2021 est.)
GDP (PPP): $355,752 billion (2021 est.)
GDP (PPP) per capita: $15,567 (2021 est.)
GDP (official exchange rate): $81,817 billion (2021 est.)
GDP (real growth rate): 4,3% (2021 est.)
GDP per sector:
- Agriculture 8,9%
- Industry 28,9%
- Service 62,2% (2020 est.)
Agriculture products: rice, sugarcane, grains, pulses, oilseed, spices, vegetables, fruit, tea, rubber, coconuts; milk, eggs, hides, beef, fish
Main 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
Trade - Export
Exported commodities: textiles and apparel, tea and spices, rubber manufactures, precious stones, coconut products, fish
Main export partners:
United States 25,2%
United Kingdom 10,6%
India 5,6%
Germany 5,5%
Italy 5,0%
Belgium 4,5%
Japan 4,2%
Netherlands 4,2%
United Arab Emirates 4,0%
Canada 2,4% (2020)
Trade - Import
Imported commodities: petroleum, textiles, machinery and transportation equipment, building materials, mineral products, chemical products, foodstuffs
Main import partners:
India 21,9%
China 19,2%
United Arab Emirates 8,3%
Singapore 5,6%
Japan 5,5%
Switzerland 5,%
Thailand 4,5%
Malaysia 4,1%
Indonesia 2,6%
United Sates 2,4% (2020)
Sources:
Central Bank of Sri Lanka. 2020. Selected Economic Indicators – November 2015. Available at: http://www.cbsl.gov.lk/pics_n_docs/_cei/_docs/ei/mei_2015_11..pdf (February 11th 2020).
European Commission – Directorate-General for Trade. 2020. EU, Trade in goods with Sri Lanka. Available at: http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_113449.pdf (February 11th 2020).
European Commission – Directorate-General for Trade. 2020. Main Indicators: Sri Lanka. Available at: http://trade.ec.europa.eu/doclib/docs/2006/september/tradoc_111570.pdf (February 11th 2020).
World Bank. 2020. Data: Sri Lanka. Available at: http://data.worldbank.org/country/sri-lanka (February 11th 2020).
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