Sri Lanka

Sri Lanka


 

 

 

 

 

 

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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