Economy of Sri Lanka
Economy of Sri Lanka
Currency
Sri Lankan rupee (LKR)
Fiscal year
Calendar Year
Trade
organisations
SAFTA, WTO
Statistics[1]
GDP
$27.4 billion ($95.55
billion PPP) (As of
2006)
GDP (PPP)
ranking
63rd (As of 2006)[2]
GDP growth
7.7% (As of 2006)[3]
GDP (PPP) per
capita
$4,600 (As of 2006)
GDP (PPP) per
capita ranking
138th (As of 2006)
GDP by sector agriculture (17.3%), in-
dustry (27.3%), services
(55.3%) (As of 2006)
Inflation
11.3% (As of 2006)[3]
Pop below
poverty line
22.7% (As of 2002)[4]
Labour force
7.5 million (As of 2006)
Labour force
by occupation
agriculture (34.3%), in-
dustry (25.3%), services
(40.4%) (As of 2006)
Unemployment 6.3% (As of 2006)[3]
Main
industries
rubber processing, tea,
coconuts, and other ag-
ricultural commodities.
telecommunications, in-
surance, banking, cloth-
ing, cement, petroleum
refining, textiles,
tobacco
Trading Partners [2]
Exports
$7.076 billion (As of
2006)
Export -
Commodities
textiles and apparel, tea
and spices, diamonds,
emeralds, rubies,
coconut products, rub-
ber manufactures, fish
Main partners United States 31.3%,
United Kingdom 12.2%,
India 8.9%, Germany
4.3% (As of 2005)
Imports
$9.655 billion (As of
2006)
Imports -
Commodities
textile fabrics, mineral
products, petroleum,
foodstuffs, machinery
and transportation
equipment
Main Partners
India 20.7%, Singapore
8.3%, Hong Kong 7.3%,
China 7.1%, [Iran]
5.9%, Malaysia 4.4%,
Japan 4.3% (As of 2005)
Finances [3]
Public debt
89.6% of GDP (As of
2006)
External debt
$12.23 billion, (44.6%
of GDP) (As of 2006)
Revenues
$5.61 billion (As of
2006)
Expenses
$8.39 billion (As of
2006)
Economic aid
$808 million
(recipient)(As of 2006)
With an economy of $27.4 billion [4] ($95.5
billion PPP estimate [5]), and a per capita
GDP of about $4,700 (PPP), Sri Lanka has
mostly enjoyed strong growth rates in recent
years.
The main economic sectors of the country
are tourism, tea export, apparel, textile, rice
production and other agricultural products.
In addition to these economic sectors, over-
seas employment co