Sri Lanka GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Sri Lanka expanded 8.20 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Sri Lanka is reported by the Department of Census and Statistics - Sri Lanka. GDP Annual Growth Rate in Sri Lanka averaged 6.51 Percent from 2003 until 2013, reaching an all time high of 8.60 Percent in the fourth quarter of 2010 and a record low of 1.50 Percent in the first quarter of 2009. In Sri Lanka, services are the biggest sector of the economy and account for 58 percent of total GDP. Within services the most important segments are: wholesale and retail trade (21 percent); transport and communication (13 percent) and banking, insurance and real estate (11 percent). Industry accounts for 30 percent of total output. Within industry, manufacturing represents 18 percent of GDP and mining and construction account for 10 percent. The remaining 12 percent is contributed by agriculture, livestock, forestry and fishing. This page provides - Sri Lanka GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
8.20 7.80 8.60 1.50 8.57 | 2014/03 2003 - 2013 Percent Quarterly

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Sri Lanka GDP Annual Growth Rate
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-06-17 11:00 AM Sri Lanka
GDP Growth Rate YoY
Q1 2013 6.0% 6.30% 5.70% 6.96%
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GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 1884.23 2012-12-31 1724.83 1884.23 336.72 2022.81 2013-12-31 USD [+]
GDP per capita PPP 5384.26 2012-12-31 4928.75 5384.26 1553.05 5812.86 2013-12-31 USD [+]
GDP 59.42 2012-12-31 59.17 59.42 1.42 65.68 2013-12-31 USD Billion [+]
GDP Growth Rate 8.20 2013-12-31 7.80 8.60 -0.31 8.57 2014-03-31 Percent [+]
GDP Annual Growth Rate 8.20 2013-12-31 7.80 8.60 1.50 8.57 2014-03-31 Percent [+]
GDP Constant Prices 843246.00 2013-11-15 845869.00 845869.00 394341.00 860284.76 2014-03-31 LKR Million [+]
Gross Fixed Capital Formation 2536648.00 2013-06-29 2189805.00 2536648.00 357.00 2207896.10 2012-12-31 LKR Million [+]
Gross National Product 8438960.00 2013-06-30 7423623.00 8442261.00 4115.00 8527292.61 2013-12-31 LKR Million [+]
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GDP Annual Growth Rate | Notes
The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment.


RELATED NEWS

Sri Lanka Gross National Product at 8438960.00 LKR Million  
Gross National Product in Sri Lanka increased to 8438960 LKR Million in 2013 from 7423623 LKR Million in 2012. Gross National Product in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Housing Approvals at 2514.00  
Housing Index in Sri Lanka decreased to 2514 in the second quarter of 2013 from 2659 in the first quarter of 2013. Housing Index in Sri Lanka is reported by the Central Bank Of Sri Lanka.
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Import Prices in Sri Lanka increased to 129.20 Index Points in December of 2013 from 123.50 Index Points in November of 2013. Import Prices in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Interbank Rate in Sri Lanka decreased to 8.56 percent in October of 2013 from 8.60 percent in September of 2013. Interbank Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Labor Force Participation Rate at 53.00 Percent  
Labor Force Participation Rate in Sri Lanka decreased to 53 percent in the fourth quarter of 2013 from 53.80 percent in the third quarter of 2013. Labor Force Participation Rate in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Money Supply M0 at 339771.00 LKR Million  
Money Supply M0 in Sri Lanka increased to 339771 LKR Million in December of 2013 from 323728 LKR Million in November of 2013. Money Supply M0 in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Personal Savings in Sri Lanka increased to 20 percent in 2013 from 16.90 percent in 2012. Personal Savings in Sri Lanka is reported by the Central Bank of Sri Lanka.
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Producer Prices in Sri Lanka increased to 4867.90 Index Points in 2013 from 4457.30 Index Points in 2012. Producer Prices in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Terms of Trade at 106.40 Index Points  
Terms of Trade in Sri Lanka decreased to 106.40 Index Points in December of 2013 from 111.30 Index Points in November of 2013. Terms of Trade in Sri Lanka is reported by the Central Bank of Sri Lanka.
Sri Lanka Tourist Arrivals at 1274593.00  
Tourist Arrivals in Sri Lanka increased to 1274593 in 2013 from 1005605 in 2012. Tourist Arrivals in Sri Lanka is reported by the Ceylon Tourist Board.
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