Imports$20.02 billion (2011 est.)
Exports$10.19 billion (2011 est.)
Inflation rate (consumer prices)7% (2011 est.)
Unemployment rate4.2% (2011 est.)
GDP - per capita (PPP)$5,700 (2011 est.)
National product real growth rate6.9% (2010 est.)
Internet users1.777 million (2009)
Telephones - mobile cellular17.359 million (2010)
Population growth rate0.913% (2012 est.)
Population21,481,334 (July 2012 est.)
The first Sinhalese arrived in Sri Lanka late in the 6th century B.
, probably from northern India....
Sri Lanka is engaging in large-scale reconstruction and development projects following the end of the 26-year conflict with the LTTE, including increasing electricity access and rebuilding its road and rail network.
Additionally, Sri Lanka seeks to reduce poverty by using a combination of state directed policies and private investment promotion to spur growth in disadvantaged areas, develop small and medium enterprises, and promote increased agriculture, High levels of government funding may be difficult, as the government already is faced with high debt interest payments, a bloated civil service, and historically high budget deficits.
The 2008-09 global financial crisis and recession exposed Sri Lanka's economic vulnerabilities and nearly caused a balance of payments crisis, which was alleviated by a $2....
The Economist Intelligence Unit
The "national unity" government is expected to remain in power and provide political stability until the next parliamentary election. The poll is set to be held in mid-2020 but could be brought forward ...
This report contains detailed forecasts and analysis for Sri Lanka, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...
Sri Lanka continues to face twin headwinds; first, sluggish global activity dampening export demand; second, adherence to fiscal consolidation constraining domestic demand. As a result, we see anothe ...