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sri lanka gdp 2019

Sri Lanka gdp for 2016 was $82.40B, a 2.23% increase from 2015. Moreover, global growth in 2019 was sluggish amidst turbulent trade cross-currents. Producer's Price Index (PPI) - October 2020. The country has experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers but has slowed since then. (212) 419-8286. IMF and ADB projects the growth to be 2.7% for 2019, lowest since 2001. Per capita GDP. Sri Lanka gdp growth rate for 2019 was 2.28%, a 1.02% decline from 2018. Sri Lanka gdp growth rate for 2016 was 4.49%, a 0.52% decline from 2015. The free-market economy of Sri Lanka was worth $84 billion by nominal gross domestic product (GDP) in 2019 and $296.959 billion by purchasing power parity (PPP). Accordingly, the annual average increase in GDP per capita over the past five years is 7.4%. Sri Lanka gdp growth rate for 2017 was 3.58%, a 0.91% decline from 2016. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. Following 30 years of civil war that ended in 2009, the economy grew at an average 5.3 percent during the period 2010-2019, reflecting a peace dividend and a determined policy thrust towards reconstruction and growth; although growth slowed down in the last few years. Economic Growth. Sri Lanka is a lower-middle-income country with a GDP per capita of USD 3,852 (2019) and a total population of 21.8 million. ... 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. However, the CBSL expected the economy to be recovered in 2018 and will grow by 4.5%. Sri Lanka gdp for 2017 was $87.43B, a 6.1% increase from 2016. Sri Lanka gdp growth rate for 2018 was 3.31%, a 0.27% decline from 2017. 465,976 in 2013 to Rs. This statistic shows the share of economic sectors in the gross domestic product (GDP) in Sri Lanka from 2009 to 2019. The Democratic Socialist Republic of Sri Lanka, previously known as Ceylon, is governed by an elected president and legislature. - … Sri Lanka’s economy grew only by around 3.1% in 2017 well below the envisaged levels of the Central Bank of Sri Lanka (CBSL), as a result of disruptions from droughts and floods, and policy tightening. 666,817 in 2018. Sri Lanka’s economic growth has been in a downward trajectory for a half a decade. Sri Lanka has recorded 1.5 percent of economic growth rate for the 3rd quarter of 2020 and negative 16.3 percent of economic growth rate for the 2nd quarter of 2020. GDP per capita (current US$) - Sri Lanka from The World Bank: Data. There are many reasons for this dismal performance, Easter Attacks being the topmost. The economy of Sri Lanka expanded 2 percent year-on-year in the last three months of 2019, below a downwardly revised 2.4 percent growth in the previous period. Sri Lanka GDP (Gross Domestic Product) was INT$239.84billion for 2019 in PPP terms. SRI LANKA IN 2018 Overall economic performance. PPI for all activities reported for October 2020 is 145.8 District Official Poverty Line - November 2020 Try our corporate solution for free! Sri Lanka gdp for 2019 was $84.01B, a 5% decline from 2018. Sri Lanka gdp for 2018 was $88.43B, a 1.14% increase from 2017. CSV XML EXCEL. Nominal (current) Gross Domestic Product (GDP) of Sri Lanka is $87,357,205,923 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of Sri Lanka reached $82,547,720,664 in 2017.; GDP Growth Rate in 2017 was 3.31%, representing a change of 2,643,858,692 US$ over 2016, when Real GDP was $79,903,861,972. Sri Lanka’s nominal GDP per capita recorded an increase from Rs. 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