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                                                  SRI LANKA ECONOMIC INDICATORS

                                                                  As of 24 March 2010

 Fiscal Year

Item                                                         2005                 2006                 2007                 2008            2009 Latest           

A. Income and Growth

1.      GDP per Capita ($, current)                     1,241                 1,421                  1,617                 2,016               2,110 a

2.     GDP Growth (%, in constant prices)          6.2                     7.7                   6.8                      6.0                 3.5 a

            a. Agriculture                                    1.8                    6.3                    3.3                      7.5                 3.3 a

            b. Industry                                        8.0                    8.1                    7.6                      5.9                 3.6 a

            c. Services                                       6.4                    7.7                    7.1                      5.6                 3.5 a

 B. Saving and Investment (current and market prices, % of GDP)

1.     Gross Domestic Investment                    26.8                    28.0                  28.0                   27.5

2.     Gross National Saving                            23.8                    22.3                  23.3                   18.2

 

C. Money and Inflation (annual change)

1.     Consumer Price Index                           11.0                     10.0                15.8                    22.6                    3.4

2.     Total Liquidity (M2b)                             19.1                     17.8                16.6                       8.5                  18.6

 

D. Government Finance, % of GDP)

1. Revenue and Grants                              16.8                        17.3                16.7                      15.6                  15.1 b

2. Expenditure and net lending                   23.8                        24.3                23.5                      22.6                  24.8 b

3. Overall Fiscal Surplus (deficit)                (8.4)                        (8.0)                (7.7)                      (7.7)               (10.2) b

 E. Balance of Payments

1. Merchandise Trade Balance (%

    of GDP)                                              (10.3)                   (11.9)               (11.0)                      (14.0)

2. Current Account Balance (% of

    GDP)                                                   (2.7)                    (5.3)                 (4.3)                     (9.3)                  0.3 a

3. Merchandise Export ($) Growth

  (annual % change)                               10.2                        8.4                 12.5                       6.5                 (12.7)

4. Merchandise Import ($) Growth

 (annual % change)                                10.8                        15.7                 10.2                     24.0               (29.5)

 F. External Payments Indicators

1. Gross Official Reserves

 (including gold, $ million in weeks of

  current year’s imports of goods)          14.8                        13.2                 14.8                       6.0                    24.8

2. Gross Official Reserves ($

   million)                                              2,458                       2,515                3,063                   1,753                5,097

3. External Debt Service (% of

   exports of goods and services)            7.9                         12.7                 13.1                      15.0                  16.9 c

4. Total External Debt (% of GDP)        46.5                        42.4                   43.2                     37.1

 

G. Memorandum Items

1. GDP (current prices, SLRs

    billion)                                            2,453                      2,939               3,578                     4,411                4,948 a

2. Exchange Rate (SLRs/$,

    average)                                        100.50                      103.96             110.62                   108.33             114.94

3. Population (million)                           19.7                           19.9                 20.0                      20.2                 20.4

 ( ) = negative, GDP = gross domestic product, SLR= Sri Lankan Rupees.

a Estimated

b Based on Pre-Election Budgetary Position Report released on 2 March 2010

c For the first half of 2009

 

Sources: Central Bank of Sri Lanka Recent Economic Developments: Highlights of 2009 and Prospects for 2010, Central

Bank Website Weekly Economic Indicators, 12 February 2010, Pre-Election Budgetary Position Report 2010, Ministry of

Finance and Planning.