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Publication Sri Lanka Socio Economic Data Folder 2023 e
Publication Sri Lanka Socio Economic Data Folder 2023 e
Publication Sri Lanka Socio Economic Data Folder 2023 e
SOCIO-ECONOMIC DATA
2023
SRI LANKA
SOCIO-ECONOMIC DATA
2023
Sri Lanka Socio-Economic Data 2023 – Volume xLVI
Tel. : 011-2477579
Fax : 011-2477728
E-mail : dst@cbsl.lk
Web site : www.cbsl.gov.lk
Published by Statistics Department, Central Bank of Sri Lanka, 30, Janadhipathi Mawatha, Colombo 01, Sri Lanka.
Contents
COUNTRY PROFILE – 2022 1 Quarterly Growth of GDP and GNI 45 EXTERNAL TRADE AND TOURISM
KEY ECONOMIC INDICATORS 2–4 Provincial GDP – Shares and Growth 47 Exports 76
Provincial GDP by Economic Sectors 48 Imports 77
COUNTRY COMPARISONS AGRICULTURE Selected Exports 78
SAARC Countries Production and Prices of Major Crops 49 Selected Imports 79
Demographic and Social Indicators 6–7 Annual Production Volume – Subsidiary Food Crops 50
National Accounts Indicators 9 Tourism 80
Fish Production by Province 51
External Trade and Finance 11 National Livestock Statistics 52 EXTERNAL FINANCE
SAARC, ASEAN and G7 Countries Agricultural Land Use 53 Balance of Payments 81
Consumer Prices 12 Net Receipts of Foreign Assistance 82
Growth of Real GDP 13 INDUSTRY
Industrial Production 54 Exchange Rates (End of Period) 83
Exports 15
Energy 55 GOVERNMENT FINANCE
Imports 16
Electricity Services by Province 56 Government Fiscal Operations 85
Doing Business Ranking 17
Human Development Index 18 ECONOMIC AND SOCIAL INFRASTRUCTURE Government Revenue and Expenditure 86
Public Health Services 57 Central Government Domestic Debt 88
SOCIO-ECONOMIC CONDITIONS Education 58 Central Government Foreign Debt by Ownership 89
All Island 19–22 Water Consumption and Revenue by Province 59
By Province – 2019 23–27 Communications 60 MONEY, BANKING AND FINANCE
By Sector – 2016 and 2019 28–32 Telecommunication Services by Province 61 Monetary Developments 90
By Sector and Province 33–34 Postal Services by Province 63 Money Market Operations 92
Sri Lanka Prosperity Index 35–36 Transportation 64 Interest Rates 93
HUMAN RESOURCES Sri Lanka Transport Board Bus Services by Province 65 Bank Branch Network 95
Demography 37 Private Operator Bus Services by Province 66 Operations of Commercial Banks 96
Motor Vehicles by Province 67 Licensed Specialised Banks 97
Labour Force and Employment 39–40
Port Services 68
Labour Force and Unemployment 41 Selected Non-Bank Financial Institutions 98
Foreign Employment 42 PRICES AND WAGES Mobilisation of Deposits 99
Prices 69–70 Share Market Indicators 100
NATIONAL ACCOUNTS
Purchasing Managers’ Index (PMI) 71
Gross National Income 43
Prices of Selected Food Items 72–73
Expenditure on Gross National Income 44
Nominal Wage Rate Indices 74–75
Contents – Graphs
Macroeconomic Indicators 5
Social Indicators: SAARC Countries 8
Per Capita Income: SAARC Countries 10
Growth of Real GDP: SAARC Countries 14
Population and Population Growth 38
Gross Value Added at Basic Prices (Current Prices) 46
Telephone and Internet Penetration 62
Balance of Payments (% of GDP) 84
Fiscal Operations (% of GDP) 87
Growth of Money Supply 91
Selected Interest Rates 94
Country profile – 2022(a)
Population - Mid Year (’000 ) 2022 22,181 Mid-Year Population Growth Rate (2022), % : 0.1
Land Area (Excluding Inland Waters) sq. km 62,705 GDP at Market Prices(d)(e): Rs. bn 24,148 USD bn 77.1
Population and Land Area by Provinces – 2022 GDP Per Capita at Market Prices(d)(e): Rs. 1,088,667 USD 3,474
Province Population(b) Land Area Population Real GDP Growth Rate(a)(d), % -7.8
’000 (sq. km) Density(c) Sectoral Composition of GDP(d), %
Western 6,209 3,593 1,728 Agriculture 7.5
Central 2,812 5,575 504 Industry 27.5
Southern 2,702 5,383 502 Services 60.5
Northern 1,173 8,290 141 Taxes less subsidies on products 4.5
Eastern 1,788 9,361 191 Rs. bn % of GDP(d)
North Western 2,592 7,506 345 Export of goods and services 5,188 21.0(f)
North Central 1,406 9,741 144 Import of goods and services 6,045 25.0(f)
Uva 1,408 8,335 169 Overall Fiscal Balance -2,460.0 -10.2
Sabaragamuwa 2,091 4,921 425 Money Stock M2b 12,289.6 48.74(g)
Total 22,181 62,705 354
Composition of Population (2012 Census) Unemployment Rate (2022), % of Labour Force: 4.7
By Ethnicity % By Religion % Inflation (2022): Change of CCPI (2013=100) (Annual Avg.), %: 46.4
Sinhalese 74.9 Buddhist 70.1 Change of NCPI (2013=100) (Annual Avg.), %: 50.4
Sri Lankan Tamil 11.2 Hindu 12.6 Life Expectancy (2020): (Avg.) yrs. 77.1
Indian Tamil 4.1 Islam 9.7 Literacy Rate (Aged 10 Years and Above) (2021) %: 93.3
Sri Lankan Moor 9.3 Christian and Human Development Index (2021): 0.782 (Min.: 0.0; Max.: 1.0)
Other 0.5 Roman Catholic 7.6
Temperature (2022): °C (°F) Minimum Maximum
By Sector % (2012 Census) Other ...
Low Country 24.1 (75.9) 31.7 (89.1)
Urban 18.2 Rural 77.4 Estate 4.4
Hill Country 18.4 (65.1) 26.9 (80.4)
(a) Provisional (d) The data are based on the base year 2015 GDP estimates of the Department of Census and Statistics.
(b) Based on the Census of Population and Housing - 2012 (e) Based on quarterly GDP in USD terms calculated using quarterly average exchange rate from 2015 onwards
(c) Persons per sq.km. (f) Based on GDP estimates in USD
... - negligible (g) M2b (12 month average) as a % of GDP at current price.
1
2
Key Economic Indicators
Indicator 2018 2019 2020 2021 2022(a)
Revenue and Grants 1,932.5 1,898.8 1,373.3 1,463.8 2,012.6 12.6 11.9 8.8 8.3 8.3
Expenditure and Net Lending 2,693.2 3,337.9 3,041.0 3,521.7 4,472.6 17.5 21.0 19.4 20.0 18.5
Recurrent Expenditure 2,089.7 2,424.6 2,548.4 2,747.5 3,519.6 13.6 15.2 16.3 15.6 14.6
Current Account [ Surplus (+) / Deficit (-) ] -169.7 -533.7 -1,180.4 -1,290.4 -1,540.4 -1.1 -3.4 -7.5 -7.3 -6.4
Overall Fiscal Balance -760.8 -1,439.1 -1,667.7 -2,057.9 -2,460.0 -5.0 -9.0 -10.6 -11.7 -10.2
Outstanding Central Government Debt(d) 12,030.5 13,031.5 15,117.2 17,614.2 27,492.0 78.4 81.9 96.5 100.1 113.8
Domestic Debt(e) 6,071.0 6,830.3 9,065.1 11,097.2 15,033.9 39.5 42.9 57.8 63.1 62.3
Foreign Debt(f)(g) 5,959.6 6,201.3 6,052.2 6,517.0 12,458.2 38.8 39.0 38.6 37.0 51.6
Debt Services 2,088.6 2,022.5 1,941.4 2,380.6 2,997.7 13.6 12.7 12.4 13.5 12.4
Interest Payment 852.2 901.4 980.3 1,048.4 1,565.2 5.6 5.7 6.3 6.0 6.5
External Sector Rs. bn USD bn
Exports 1,933.5 2,134.8 1,858.9 2,486.9 4,234.9 11.9 11.9 10.0 12.5 13.1
Imports 3,606.6 3,565.0 2,974.9 4,104.2 5,737.3 22.2 19.9 16.1 20.6 18.3
Current Account Balance -452.0 -330.1 -238.2(h) -656.3 -316.2 -2.8 -1.8 -1.2 -3.3 -1.5
% of GDP(c)(i) -3.0 -2.1 -1.4 -3.7 -1.9 -3.0 -2.1 -1.4 -3.7 -1.9
External Debt 9,578.0 9,955.6 9,141.7 10,377.9(h) 10,038.7 52.4 54.8 49.0 51.8(h) 49.7
% of GDP(c)(i) 55.3 61.6 58.0 58.5 64.5 55.3 61.6 58.0 58.5 64.5
(h)
Debt Service Ratio(j), % 21.3 21.8 22.6 22.3 12.2 21.3 21.8 22.6 22.3(h) 12.2
Total Foreign Assets 1,751.2 1,889.3 1,588.3 1,227.2 2,132.7 9.6 10.4 8.5 6.1 5.9
Exchange Rate (Average), Rs./USD 162.54 178.78 185.52 198.88 324.55 - - - - -
Rs./SDR 229.90 246.97 258.61 283.18 431.91 - - - - -
(a) According to the Ministry of Finance, the fiscal sector statistics of 2019 have been restated as announced in the Budget that was absorbed in to central government debt w.e.f. December 2022, which amounted to Rs.884,093.4 mn. Sources: Central Bank of Sri Lanka
Speech for 2020. (f) Foriegn loan debt statistics and classification of foriegn debt for 2021 and 2022 are prepared based on the data sourced Ministry of Finance, Economic
(b) Provisional (c) Rebased GDP estimates (base year 2015) of the Department Census and Statistics have been used. form the Commonwealth Secretariat Debt Recording System (CS - DRMS) maintained by the Ministry of Finance, Economic Stabilisation and National Policies
(d) The outstanding central government debt excludes several debt services payments that became overdue after 12th April Stabilisation and National Policies, and extracted 09th and 10th March 2023.
2022, the date of which the interim policy regarding the servicing of Sri Lanka’s external public debt was announced by (g) From December 2022 onwards, several outstanding project loans which were previously classified under Ceylon Electricity
the Ministry of Finance, Economic Stabilisation and National Policies. These debt service payments comprise of overdue Board, Airport and Aviation Services Ltd. and Sri Lanka Ports Authority were absorbed in to central government debt.
interest payments of affected debt which deemed to be capitalised as per the interim policy, and several overdue interest (h) Revised (i) Based on GDP estimates in USD
payments in relation to SLDBs. (j) Debt service payments as a percentage of receipts from merchandise exports, income and private transfers
(e) Includes outstanding balance of the government guaranteed foreign currency debt of the Ceylon Petroleum Corporation
3
4
Key Economic Indicators
Indicator 2018 2019 2020 2021 2022(a)
Monetary Aggregates
Reserve Money, Rs. bn 961.1 932.6 964.4 1,305.8 1,349.4
Narrow Money M1 , Rs. bn 830.8 865.5 1,177.2 1,459.9 1,453.6
Change of M1 , % 4.7 4.2 36.0 24.0 -0.4
Broad Money M2b , Rs. bn 7,128.3 7,624.1 9,405.7 10,647.3 12,289.6
Change of M2b , % 13.0 7.0 23.4 13.2 15.4
Money Multiplier for M2b 7.42 8.18 9.75 8.15 9.11
Interest Rates (Year End), %
Treasury Bill Primary Yield – 3 Months 10.01 7.51 4.69 8.16 32.64
Standing Deposit Facility Rate 8.00 7.00 4.50 5.00 14.50
Standing Lending Facility Rate 9.00 8.00 5.50 6.00 15.50
Treasury Bonds – Two Year - 9.79 5.65 9.16 33.01
Average Weighted Prime Lending Rate (Monthly) 11.94 10.00 5.74 8.33 28.19
Average Weighted Call Money Rate (End Year) 8.95 7.45 4.55 5.95 15.50
NSB Savings 4.00 4.00 3.50 3.50 3.00
Financial Institutions – Assets, Rs. bn
Central Bank 1,917.4 1,919.4 2,421.6 3,046.3 4,510.3
Commercial Bank (b) 9,045.7 9,741.1 11,725.4 13,327.4 15,884.3
Licensed Finance Companies 1,383.7 1,390.7 1,367.9 1,452.0 1,610.2
Unit Trusts (Net Assets) 64.2 104.7 200.9 193.8 149.8
Share Market
Market Capitalisation, Rs. bn (Year End) 2,839.5 2,851.3 2,960.7 5,489.2 3,847.2
All Share Price Index (Year End) 6,052.4 6,129.2 6,774.2 12,226.0 8,489.7
(a) Provisional Sources: Central Bank of Sri Lanka
(b) Includes only assets of the Domestic Banking Units (DBUs) of Commercial banks. Co-operative Development Department
Securities and Exchange Commission of Sri Lanka
Employees’ Trust Fund Board
Unit Trust Association of Sri Lanka
Macroeconomic Indicators
50.0
5
6
Demographic and Social Indicators: saarc Countries
Indicator Ref. Year Sri Lanka Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan
Mid-Year Population, mn(a) 2010 20.7 24.5 148.6 0.7 1,186.0 0.4 26.3 173.5
2015 21.0 27.1 158.9 0.8 1,284.0 0.5 27.5 191.7
2020 21.9 31.4 168.5 0.7 1,357.0 0.6 28.9 220.4
2021 22.2 n.a. 171.7 0.8 1,370.0 0.6 29.2 224.8
Annual Population Growth, %(b) 2015 0.9 2.1 1.4 1.6 1.2 3.9 1.0 2.0
2020 0.5 2.2 1.4 0.9 1.1 4.4 1.0 2.0
2021 1.1 n.a. 1.4 1.0 1.0 2.0 0.9 2.0
Density of Population
[Persons per sq. km] 2021 353 n.a. 1,164 20 419 3,552 198 282
Population by Age Groups, %
0 – 14 Years 2021 23.4 41.2 26.3 24.6 25.8 19.8 28.1 34.6
15 – 64 Years 2021 64.9 56.1 68.4 69.1 67.4 76.4 66.0 61.0
65 Years and Above 2021 11.6 2.7 5.3 6.3 6.8 3.8 5.9 4.4
Urban Population, % 2021 18.9(c) n.a. 38.9(d) 43.0(d) 34.6 41.3 63.2(e) 36.8
Crude Birth Rate 2020 15.3 31.2 17.5 16.7 17.4 13.1 19.3 27.4
[per 1,000 Births]
Crude Death Rate 2020 6.9 6.2 5.5 6.3 7.3 2.7 6.3 6.8
[per 1,000 Deaths]
Total Fertility Rate
[Births per Woman] 2020 2.2 4.2 2.0 1.9 2.2 1.8 1.8 3.4
Maternal Mortality Rate
[per 100,000 Live Births] 2017 36 638 173 183 145 53 186 140
LIfe Expectancy at Birth, Years 2020 77.1 65.2 72.9 72.1 69.9 79.2 71.1 67.4
(a) Estimates of population size are as of 10 th June for Afghanistan and 1st October (c) Refers to the whole data series Source: Key Indicators for Asia and the Pacific 2022, ADB
for India (d) Refers to data from World Urbanisation Prospects 2018 for Bangla-
(b) The annual population growth rate is calculated as the desh and Bhutan
percentage change in population when comparing the reference year with the (e) Refers to localities of 100,000 or more inhabitants
year prior. n.a. – not available
Note: These values may differ from the latest available official statistics published by the relevant countries.
Demographic and Social Indicators: SAARC Countries
Sri Afgha- Bangla-
Indicator Ref. Year Bhutan India Maldives Nepal Pakistan
Lanka nistan desh
80
60
40
20
0
Sri Lanka Afghanistan Bangladesh Bhutan India Maldives Nepal Pakistan
Gross Domestic Product (GDP), USD mn 2018 94,494 18,419 316,206 2,447 2,763,535 5,301 31,726 321,692
2019 89,015 18,904 349,474 2,536 2,850,718 5,608 34,268 291,919
2020 85,349 20,143 373,562 2,315 2,672,204 3,743 33,079 293,752
2021 88,361 n.a. 414,907 n.a. 3,201,471 n.a. 36,114 342,501
GDP Per Capita, USD 2018 4,361 612 1,921 3,332 2,081 10,353 1,119 1,519
2019 4,083 615 2,099 3,419 2,123 10,503 1,197 1,351
2020 3,894 642 2,221 3,092 1,969 6,714 1,144 1,333
2021 4,031 n.a. 2,466 n.a. 2,359 n.a. 1,249 1,554
GDP Per Capita at PPP, USD 2021 15,025 n.a. 6,538 n.a. 7,537 n.a. 4,362 6,039
Real GDP Growth, % 2020 -3.5 -2.4 3.5 -10.1 -6.6 -33.5 -2.1 -0.9
2021 3.3 n.a. 6.9 n.a. 8.7 37.0 4.0 5.7
Sectoral Composition of GDP, %
2021 9.3 n.a. 12.1 n.a. 18.6 n.a. 25.8 24.2
Agriculture
2021 31.8 n.a. 34.6 n.a. 28.7 n.a. 13.1 20.1
Industry
2021 58.9 n.a. 53.3 n.a. 52.7 n.a. 61.1 55.7
Services
Consumption, Investment and Savings, % of GDP
Private Consumption 2021 70.3 n.a. 68.8 n.a. 59.6 n.a. 88.0 82.4
Government Consumption 2021 9.6 n.a. 5.9 n.a. 11.1 n.a. 8.9 10.9
Gross Domestic Capital Formation 2021 27.7 n.a. 30.8 n.a. n.a. n.a. 31.9 14.6
Gross Domestic Savings 2021 19.1 n.a. 25.3 n.a. n.a. n.a. n.a. 5.7
Gross National Savings 2021 23.0 n.a. 30.8 n.a. n.a. n.a. n.a. n.a.
(a) Estimates at current market prices Source: Key Indicators for Asia and the Pacific 2022, ADB
n.a. – not available
Note: These values may differ from the latest available official statistics published by the relevant countries.
9
10
Per Capita Income: SAARC Countries(a)
6,000
USD
4,000
2,000
0
Sri Lanka Afganistan(b) Bangladesh Bhutan India Maldives(b) Nepal Pakistan
(a) GDP estimates are at current market prices Source: Key Indicators for Asia and the Pacific 2022, ADB
(b) Data not available for 2021
Note: These values may differ from the latest available official statistics published by the relevant countries.
External Trade and Finance: SAARC Countries
Ref. Sri Afgha- Bangla-
Indicator Bhutan India Maldives Nepal Pakistan
Year Lanka nistan desh
Exports, USD mn 2021 12,425 n.a. 36,783 n.a. 425,632 285 1,195 25,191
Exports Per Capita(a), USD 2021 561 n.a. 214 n.a. 311 1,557 41 112
Imports, USD mn 2021 20,505 n.a. 60,483 n.a. 618,177 2,574 13,035 55,181
Imports Per Capita(a), USD 2021 925 n.a. 352 n.a. 451 5,027 447 245
Export/Import Ratio 2021 0.61 n.a. 0.61 n.a. 0.69 0.11 0.09 0.46
Balance of Trade(b), USD mn 2021 -8,080 n.a. -23,700 n.a. -192,545 -2,289 -11,840 -29,990
Current Account Balance, USD mn 2021 -3,343 -3,195 -4,575 -540 -38,691 -458 -2,844 -1,916
Total Reserves Minus Gold, USD mn 2021 n.a. n.a. 45,348 n.a. 594,356 806 9,194 19,028
External Debt, USD mn 2020 56,342 3,036 67,749 2,869 564,179 3,352 7,905 116,506
External Debt Service/Export Ratio, % 2020 39.3 2.7 9.9 7.1 15.0 15.9 12.1 32.4
Exchange Rate(c) 2021 200.16 n.a. 85.08 73.94 73.92 15.37 118.13 162.91
(a) Based on mid-year population Source: Key Indicators for Asia and the Pacific 2022, ADB
(b) Exports less imports
(c) Units of domestic currency (annual average) per USD
n.a. – not available
Note: These values may differ from the latest available official statistics published by the relevant countries.
11
12
Consumer Prices: Saarc, asean and G7 Countries Annual percent change
Region/Bloc Country 2017 2018 2019 2020 2021 2022
n.a. - not available Source: World Economic Outlook, April 2023, IMF
Note: These values may differ from the latest available official statistics published by the relevant countries.
Growth of Real GDP: Saarc, asean and G7 Countries Annual percent change
Region / Bloc Country 2017 2018 2019 2020 2021 2022
13
14
Growth of Real GDP: SAARC Countries(a)
50
2021 2022
40
30
20
Per cent
10
-10
-20
Bangladesh Bhutan India Maldives Nepal Pakistan Sri Lanka
(a) Growth of real GDP data for 2021 and 2022 are not available for Afghanistan. Source: World Economic Outlook, April 2023, IMF
Note: These values may differ from the latest available official statistics published by the relevant countries.
Exports: Saarc, asean and G7 Countries(a) USD mn
Region / Bloc Country 2017 2018 2019 2020 2021 2022
(a) Excluding Northern and Eastern Provinces Source: Consumer Finances and Socio-Economic Survey Series
(b) Excluding Kilinochchi, Mannar and Mullaitivu Districts of the Central Bank of Sri Lanka
19
20
Socio-Economic Conditions: Consumer Expenditure
(a) (a) (b)
Item 1953 1963 1973 1978/79 1981/82 1986/87 1996/97 2003/04
(a) Excluding Northern and Eastern Provinces Source: Consumer Finances and Socio-Economic Survey Series
(b) Excluding Kilinochchi, Mannar and Mullaitivu Districts of the Central Bank of Sri Lanka
Socio-Economic Conditions: National Level Findings of the Household Income and Expenditure Survey (HIES)
by Survey Period
HIES Survey Period
Item Unit
1985/86 1990/91 1995/96 2002 2005 2006/07 2009/10 2012/13 2016 2019
Household size No. 5.1 4.9 4.5 4.2 4.1 4.1 4.0 3.9 3.8 3.7
Mean household income per month Rs. 2,012 3,549 6,476 12,803 20,048 26,286 36,451 45,878 62,237 76,414
Median household income per month Rs. 1,322 2,547 3,793 8,482 13,617 16,735 23,746 30,814 43,511 53,333
Mean per capita income per month Rs. 395 724 1,439 3,056 4,896 6,463 9,104 11,819 16,377 20,527
Income receivers mean income per month Rs. 941 1,819 3,367 6,959 10,563 14,457 20,427 25,963 33,894 42,308
No. of income receivers per household No. 2.0 2.0 1.8 1.8 1.9 1.8 1.8 1.8 1.8 1.8
Mean household expenditure per month Rs. 2,079 3,905 6,525 13,147 19,151 22,952 31,331 41,444 54,999 63,130
Expenditure on food and drink Rs. 1,198 2,377 3,552 5,848 7,593 8,641 13,267 15,651 19,114 22,130
Expenditure on non-food items
(excluding liquor, narcotic drugs and tobacco) Rs. 802 1,384 2,753 6,993 11,079 13,819 17,399 25,088 34,829 40,040
Expenditure on liquor, narcotic drugs and tobacco Rs. 79 144 219 306 479 492 665 705 1,056 960
Gini coefficient of household income 0.46 0.43 0.46 0.47 0.47 0.49 0.49 0.48 0.45 0.46
Gini coefficient of household expenditure – – 0.36 0.41 0.40 0.41 0.37 0.40 0.41 0.40
Gini coefficient of income receivers income – 0.52 0.52 0.53 0.55 0.55 0.55 0.53 0.51 0.52
Food Ratio (as a percentage) % 57.6 60.9 54.4 44.5 39.6 37.6 42.3 37.8 34.8 35.1
Poverty Head Count Ratio (2002 based) % – 26.1 28.8 22.7 – 15.2 8.9 6.7 4.1 3.2
21
22
Socio-Economic Conditions: Average Monthly Household Expenditure on Selected Food/Non-Food Items
by HIES Survey Period
HIES Survey Period
Expenditure Group
1985/86(a) 1990/91 1995/96 2002 2005 2006/07 2009/10 2012/13 2016 2019
Average Monthly Expenditure (% share)
Food Expenditure
Rice 25.3 25.7(a) 21.2 18.0 13.8 13.9 17.3 13.6 12.8 12.8
Wheat Flour 2.6 1.5(a) 1.1 1.2 1.2 1.1 1.4 1.3 1.0 0.8
Bread 5.3 4.5(a) 4.4 4.3 3.6 3.5 3.2 3.0 2.4 2.2
Condiments 9.8 10.6(a) 9.9 9.1 9.0 9.3 9.1 9.0 9.8 11.7
Pulses 3.6 4.8(a) 3.7 3.2 3.4 3.5 4.1 3.5 3.6 3.1
Vegetables 9.9 9.9(a) 8.3 7.9 8.1 8.4 7.6 8.2 8.0 8.2
Coconuts 5.9 5.5(a) 6.9 7.3 5.6 5.5 5.6 6.1 5.7 5.4
Meat 2.6 3.4(a) 4.4 3.2 4.4 4.2 3.9 4.3 4.8 5.1
Fish 5.9 5.8(a) 6.6 6.3 8.5 8.6 8.8 9.1 9.5 9.4
Dried Fish 4.0 4.2(a) 4.6 3.7 3.8 4.0 3.7 4.2 4.0 4.0
Milk & Milk Products 4.3 5.1(a) 7.1 8.4 9.9 8.7 7.8 8.9 8.2 7.3
Eggs 0.9 1.1(a) 1.1 0.8 1.0 1.0 1.0 1.0 1.1 1.3
Fruits 1.2 1.3(a) 1.7 3.6 3.9 3.4 2.9 2.9 3.2 3.0
Sugar 6.3 6.5(a) 5.2 3.3 3.3 3.6 3.4 2.9 2.2 1.9
Other Food & Drinks 12.5 10.1(a) 13.8 19.6 20.3 21.2 20.1 21.8 23.6 23.8
Total 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Non-Food Expenditure
Housing 16.8 22.3 27.8 22.8 17.8 18.4 19.1 18.1 19.2 21.3
Fuel and Light 11.8 11.8 9.9 7.6 7.0 7.3 7.1 6.8 4.9 5.1
Clothing, Textile and Footwear 10.8 10.4 9.5 5.3 5.1 4.9 5.0 4.6 4.4 4.1
Personal Care and Health 9.1 9.7 10.4 8.0 9.6 6.9 7.9 8.5 7.0 6.5
Transport and Communication 11.9 12.6 12.9 12.7 15.0 16.8 17.0 16.7 15.5 14.2
Education 3.3 4.3 4.3 4.3 4.1 4.4 5.6 5.6 5.8 5.9
Cultural and Entertainment – 2.2 2.3 2.0 2.2 1.8 2.2 2.0 2.5 2.3
Non-Durable Household Goods – 3.9 2.9 1.9 2.7 2.1 1.5 1.2 1.0 1.1
Consumer Durables 4.4 3.5 4.1 4.4 6.2 5.5 4.3 3.9 6.3 11.0
Other Non-Consumer Expenditure 22.9 10.0 8.6 26.8 26.2 28.5 26.6 29.8 30.5 26.1
Liquor and Tobacco 9.0 9.4 7.4 4.2 4.1 3.4 3.7 2.7 2.9 2.3
Total 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
(a) Revised Source: Household Income and Expenditure Survey Series,
Department of Census and Statistics
Socio-Economic Conditions by Province: Population Distribution 2019
North North Sabara- Sri
Item Western Central Southern Northern Eastern Uva
Western Central gamuwa Lanka
Population Distribution
By Gender, %
Male 47.5 47.3 46.6 47.5 47.1 47.2 45.4 47.9 47.2 47.2
Female 52.5 52.7 53.4 52.5 52.9 52.8 54.6 52.1 52.8 52.8
By Age Group, %
0 – 14 Years 20.2 23.7 22.8 23.2 27.3 24.3 25.5 23.0 21.8 22.8
15 – 59 Years 60.9 57.5 57.8 60.2 60.8 57.9 58.0 60.3 58.4 59.2
Over 59 Years 18.9 18.8 19.4 16.6 11.9 17.8 16.6 16.7 19.8 17.9
By Educational Attainment, %
No Schooling 1.9 4.0 3.1 1.6 3.9 2.9 3.1 6.2 3.9 3.1
Up to Grade 5 14.7 23.0 21.7 22.4 27.8 23.8 25.2 25.1 22.5 21.1
Grade 6 – 10 40.6 44.5 43.9 50.9 43.0 46.7 45.9 46.6 44.8 44.0
Passed G.C.E. (O/L) 21.1 14.7 17.5 12.6 15.6 13.7 14.9 13.0 16.1 16.7
Passed G.C.E. (A/L) and above 21.8 13.8 13.8 12.5 9.7 12.9 10.8 9.1 12.8 15.1
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24
Socio-Economic Conditions by Province: Income Distribution 2019
North North Sabara- Sri
Item Western Central Southern Northern Eastern Uva
Western Central gamuwa Lanka
Electricity 99.1 98.9 99.5 97.8 97.8 98.3 98.7 98.7 98.3 98.8
Kerosene 0.5 0.7 0.4 2.1 2.0 1.6 1.1 1.1 1.4 1.0
Solar Energy 0.3 0.2 - 0.1 0.1 - - 0.2 0.2 0.1
Other 0.1 0.1 - - 0.1 0.1 0.2 - 0.1 0.1
Other 1.8 0.4 0.9 0.9 1.2 1.3 0.4 0.9 0.5 1.0
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Socio-Economic Conditions by Sector: Population Distribution 2016 and 2019
2016 2019
Item
Urban Rural Estate Sri Lanka Urban Rural Estate Sri Lanka
Population Distribution
By Gender, %
Male 46.9 46.8 47.1 46.8 47.5 47.0 48.5 47.2
Female 53.1 53.2 52.9 53.2 52.5 53.0 51.5 52.8
By Age Group, %
0 – 14 Years 23.8 25.3 30.3 25.3 21.2 23.1 24.0 22.8
15 – 59 Years 60.1 59.1 57.0 59.2 60.6 58.9 59.5 59.2
Over 59 Years 16.1 15.6 12.7 15.5 18.2 18.0 16.5 17.9
By Educational Attainment, %
No Schooling 2.4 3.1 10.1 3.3 2.1 3.0 8.3 3.1
Up to Grade 5 19.3 23.5 39.6 23.5 15.9 21.5 35.5 21.1
Grade 6 – 10 40.4 45.0 41.8 44.1 39.6 45.0 44.0 44.0
Passed G.C.E. (O/L) 18.4 15.1 5.4 15.3 19.2 16.7 8.6 16.7
Passed G.C.E. (A/L) and Above 19.4 13.2 3.0 13.8 23.2 13.9 3.6 15.1
Expenditure, Rs. per Month Per household 77,337 51,377 34,851 54,999 95,392 57,652 38,519 63,130
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Socio-Economic Conditions by Sector: Sources of Energy for Lighting and Cooking
2016 and 2019
% of Households
2016 2019
Item
Urban Rural Estate Sri Lanka Urban Rural Estate Sri Lanka
… Negligible Source: Household Income and Expenditure Survey 2016 and 2019,
Department of Census and Statistics
Socio-Economic Conditions by Sector and Province: Poverty Indicators
Poverty Head Count Index Poor Household Poverty Gap Index
Sector / Province (Percentage) by HIES Survey Period Percentage (%)
2016 2019 (a)
2019(b) 2016 2019 (a)
2019 (b)
2016 2019(a) 2019(b)
Sri Lanka 4.1 3.2 14.3 3.1 2.5 11.9 0.6 0.5 2.8
Sector
Urban 1.9 1.1 6.0 1.3 0.8 4.4 0.3 0.2 1.0
Rural 4.3 3.3 15.0 3.3 2.6 12.6 0.6 0.5 3.0
Estate 8.8 10.4 33.8 6.8 8.3 29.7 1.2 1.2 7.3
Province
Western 1.7 1.1 5.7 1.2 0.8 4.4 0.3 0.2 1.1
Central 5.4 4.7 18.7 4.1 3.7 15.7 0.9 0.6 3.9
Southern 3.0 2.3 12.6 2.3 1.9 10.7 0.4 0.3 2.3
Northern 7.7 8.0 23.8 6.3 6.2 19.9 1.1 1.4 5.6
Eastern 7.3 3.7 18.6 5.3 2.8 15.1 1.2 0.5 3.4
North Western 2.7 1.8 11.8 2.1 1.5 9.9 0.4 0.2 2.0
North Central 3.3 2.0 11.0 2.4 1.5 9.2 0.5 0.4 2.0
Uva 6.5 6.6 28.3 5.4 5.3 24.5 0.7 0.9 5.7
Sabaragamuwa 6.7 6.2 23.1 5.1 5.0 19.6 1.1 1.0 4.9
(a) Old poverty line (based on 2002 CCPI) Source: Household Income and Expenditure Survey Series,
(b) Updated poverty line (based on 2012/13 NCPI) Department of Census and Statistics
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Socio-Economic Conditions by Sector and Province: Daily Average Dietary Energy Consumption per Person
2016 and 2019
kcal
2016 2019(a) 2019(b)
Sector / Province
Poor Non-Poor All Poor Non-Poor All Poor Non-Poor All
Households Households Households Households Households Households Households Households Households
Sri Lanka 1,445 2,123 2,095 1,475 2,141 2,120 1,691 2,191 2,120
Sector
Urban 1,222 1,947 1,933 1,222 2,001 1,992 1,400 2,030 1,992
Rural 1,454 2,152 2,122 1,473 2,163 2,140 1,697 2,219 2,140
Estate 1,550 2,322 2,254 1,591 2,315 2,240 1,836 2,447 2,240
Province
Western 1,195 1,967 1,954 1,259 2,017 2,008 1,487 2,040 2,008
Central 1,471 2,167 2,129 1,431 2,154 2,120 1,632 2,232 2,120
Southern 1,379 2,141 2,118 1,422 2,176 2,159 1,641 2,234 2,159
Northern 1,624 2,225 2,179 1,431 2,161 2,103 1,669 2,238 2,103
Eastern 1,423 2,099 2,050 1,515 2,194 2,169 1,716 2,272 2,169
North Western 1,386 2,164 2,143 1,436 2,141 2,128 1,630 2,195 2,128
North Central 1,429 2,275 2,247 1,318 2,261 2,241 1,717 2,306 2,241
Uva 1,703 2,360 2,318 1,669 2,288 2,248 1,921 2,377 2,248
Sabaragamuwa 1,420 2,178 2,127 1,579 2,230 2,189 1,778 2,313 2,189
(a) Old poverty line (based on 2002 CCPI) Source: Household Income and Expenditure Survey 2016 and 2019,
(b) Updated poverty line (based on 2012/13 NCPI) Department of Census and Statistics
Sri Lanka Prosperity Index
Province 2013 2014 2015 2016 2017 2018 2019 2020 2021
Prosperity Index
Western 0.673 0.701 0.707 0.733 0.736 0.783 0.790 0.791 0.802
Central 0.482 0.499 0.495 0.521 0.529 0.558 0.554 0.556 0.559
Southern 0.488 0.501 0.504 0.535 0.537 0.567 0.557 0.571 0.582
Northern 0.434 0.465 0.459 0.490 0.480 0.524 0.541 0.540 0.541
Eastern 0.401 0.407 0.410 0.453 0.446 0.482 0.500 0.519 0.519
North Western 0.472 0.483 0.474 0.505 0.507 0.541 0.544 0.549 0.564
North Central 0.442 0.455 0.476 0.496 0.473 0.507 0.519 0.524 0.521
Uva 0.409 0.423 0.427 0.464 0.466 0.487 0.474 0.476 0.468
Sabaragamuwa 0.426 0.437 0.449 0.479 0.486 0.522 0.509 0.502 0.499
Sri Lanka 0.534 0.583 0.598 0.660 0.686 0.733 0.761 0.764 0.796
Economy and Business Climate Sub Index
Western 0.751 0.788 0.776 0.804 0.830 0.861 0.872 0.863 0.866
Central 0.510 0.529 0.526 0.537 0.566 0.587 0.570 0.576 0.565
Southern 0.470 0.477 0.494 0.522 0.562 0.590 0.547 0.542 0.545
Northern 0.493 0.525 0.518 0.508 0.489 0.571 0.590 0.593 0.582
Eastern 0.458 0.463 0.459 0.499 0.491 0.523 0.541 0.579 0.548
North Western 0.483 0.497 0.503 0.542 0.543 0.586 0.583 0.571 0.586
North Central 0.466 0.485 0.505 0.539 0.524 0.563 0.578 0.573 0.552
Uva 0.420 0.438 0.428 0.486 0.516 0.514 0.533 0.515 0.499
Sabaragamuwa 0.431 0.449 0.460 0.488 0.534 0.554 0.526 0.516 0.520
Sri Lanka 0.599 0.659 0.659 0.722 0.791 0.815 0.831 0.799 0.825
(Continued…)
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36
Sri Lanka Prosperity Index (Contd.)
Province 2013 2014 2015 2016 2017 2018 2019 2020 2021
Rate of Natural Increase per 1,000 8.7 8.7 8.0 7.3 5.5 5.0
Net Migration Rate per 1,000 2.3 0.7 -2.3 -4.3 4.0 -9.7
Density of Population, Persons per sq. km. 342 346 348 350 353 354
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38
Population and Population Growth
Population
23.0
21.0
mn
19.0
17.0
15.0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
1.2
1.0
Per cent
0.8
0.6
0.4
0.2
0.0
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
(Continued…)
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40
Labour Force and Employment(a) (Contd.)
Employment By Sector(c), %
Agriculture 25.3 27.1 27.3 26.5
Mining and Quarrying 0.7 0.7 0.7 0.7
Manufacturing 18.4 17.5 16.8 17.3
Construction, Electricity, Gas, Steam and Air Conditioning Supply,
Water Supply, Sewerage, Waste Management and Remediation Activities 8.5 8.7 8.5 8.5
Wholesale and Retail Trade, Repair of Motor Vehicles and Motor Cycles 13.9 13.7 14.2 14.0
Transport and Storage 6.3 6.5 5.9 6.0
Accommodation and Food Services Activities 2.8 2.7 2.6 2.9
Information and Communication 0.8 0.7 0.9 0.9
Financial and Insurance Activities 2.3 2.3 2.2 2.2
Professional, Scientific and Technical Activities 1.1 1.1 1.0 1.1
Administrative and Support Service Activities 2.5 2.1 1.7 1.8
Public Administration and Defence, Compulsory Social Security 5.3 5.6 6.0 5.6
Education 5.2 5.0 5.2 5.7
Human Health and Social Work Activities 2.1 2.0 2.2 2.1
Other(d) 4.8 4.3 4.7 4.8
(a) Household population aged 15 years and above and data covers the entire island. Source: Department of Census and Statistics
(b) Provisional
(c) Based on the International Standard Industrial Classification (ISIC) – Revision 4.
(d) Includes activities of households as employers; Real estate; Arts, entertainment and recreation; and Extra territorial organisations and bodies.
Labour Force and Unemployment(a)
By Gender
Male 2.9 3.0 3.3 4.0 3.7 3.7
Female 6.5 7.1 7.4 8.5 7.9 6.5
By Level of Education
Grade 5 and below … ... ... ... ... ...
Grades 6 – 10 2.8 2.9 3.3 4.0 3.4 3.4
GCE (O/L) 5.9 5.2 6.5 7.2 7.1 6.2
GCE (A/L) and above 8.1 9.1 8.5 9.8 9.1 7.8
Overall 4.2 4.4 4.8 5.5 5.1 4.7
(a) Household population aged 15 years and above and data covers the entire island. Source: Department of Census and Statistics
(b) Provisional
… - Negligible
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42
Foreign Employment
Migration for employment as a % of all departures 15.0 14.0 14.1 17.1 35.5 34.8
Average No. of migrant travellers for employment per day 581 579 557 147 335 852
Migrant Remittances (USD mn) 7,164 7,015 6,717 7,104 5,491 3,789
– Middle East 3,711 3,592 3,459 3,673 2,834 1,936
– Other 3,453 3,423 3,258 3,431 2,657 1,853
– Middle East as a % of total remittances 51.8 51.2 51.5 51.7 51.6 51.1
Gross Domestic Capital Formation 5,715,597 5,842,451 5,427,029 5,168,381 6,466,957 8,304,627
Export of Goods and Services 2,909,720 3,292,414 3,472,337 2,418,542 2,980,263 5,187,941
Import of Goods and Services 3,872,521 4,354,292 4,391,746 3,384,516 4,281,313 6,045,399
Net Primary Income from Rest of the World -352,856 -389,601 -441,394 -423,063 -395,539 -621,353
Expenditure on Gross National Income 14,034,463 14,962,333 15,469,582 15,248,473 17,204,651 23,526,373
(a) Based on the GDP estimates (base year 2015) Sources: Department of Census and Statistics
(b) Revised Central Bank of Sri Lanka
(c) Provisional
Quarterly Growth of Gdp and Gni - at Constant (2015) Prices(a)
Percentage
Gross Value Added
Period Agriculture Industry Services GDP GNI
(GVA)
(a) Based on the GDP estimates (base year 2015) Source: Department of Census and Statistics
(b) Revised
(c) Provisional
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46
20,000
GVA 2018 2019 2020(a) 2021(a)(b) 2022(b)
16,000
Agriculture 1,166 1,155 1,291 1,555 2,113
Rs. bn
Western 38.0 39.2 42.1 42.2 42.7 6,616,934 7,514,447 13.56 1,073,306 1,208,305
Central 12.1 11.7 10.4 10.6 10.2 1,655,492 1,791,668 8.23 595,287 637,377
Southern 10.0 10.1 9.4 9.1 9.2 1,425,534 1,619,026 13.57 534,108 600,529
Northern 4.1 4.2 4.7 4.2 4.1 655,584 729,573 11.29 569,083 626,243
Eastern 5.6 5.6 5.2 5.9 5.4 918,637 952,822 3.72 526,138 534,393
North Western 10.9 10.7 10.9 10.9 11.0 1,715,526 1,934,402 12.76 669,343 746,297
North Central 5.6 5.7 4.7 5.0 4.8 788,154 852,240 8.13 568,654 607,874
Uva 5.8 5.4 5.5 5.2 5.2 820,005 918,457 12.01 591,208 656,041
Sabaragamuwa 7.9 7.3 6.9 6.9 7.3 1,075,670 1,287,556 19.70 519,647 616,645
Sri Lanka 100.0 100.0 100.0 100.0 100.0 15,671,535 17,600,191 12.31 714,975 794,376
(a) 2017 and 2018 data are based on GDP estimates of base year 2010 while 2019, 2020 and 2021 data are based Source: Central Bank of Sri Lanka
on GDP estimates of base year 2015, compiled by the Department of Census and Statistics.
(b) Revised
(c) Provisional
(d) Estimates as per the latest population figures
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48
Provincial Gdp by Economic Sectors (at Current Market Prices)(a) Rs. mn
2019(b)
Agriculture 123,519 124,015 185,250 103,491 108,932 221,604 95,227 98,100 94,404 1,154,540
Industry 2,114,857 491,972 310,520 243,602 215,693 523,227 171,615 265,779 307,310 4,644,574
Services 3,941,749 914,509 877,142 348,092 441,771 859,947 425,742 443,666 617,091 8,869,710
GDP 6,703,457 1,660,097 1,489,169 754,053 831,294 1,740,670 751,232 875,927 1,105,077 15,910,976
2020 (b)
Agriculture 136,548 158,700 179,731 100,770 120,488 240,312 137,647 113,286 103,540 1,291,023
Industry 2,095,898 436,100 288,799 166,824 292,223 493,963 151,427 206,057 286,559 4,417,850
Services 3,998,547 964,134 873,858 349,752 452,346 881,191 453,110 452,834 622,831 9,048,602
GDP 6,616,934 1,655,492 1,425,534 655,584 918,637 1,715,526 788,154 820,005 1,075,670 15,671,535
2021 (c)
Agriculture 158,078 213,281 237,622 104,458 137,334 268,119 164,386 146,523 125,110 1,554,911
Industry 2,543,426 500,015 331,299 205,614 299,402 608,436 169,642 240,157 377,614 5,275,605
Services 4,395,521 978,845 960,169 378,974 463,158 950,393 470,870 480,758 713,309 9,791,997
GDP 7,514,447 1,791,668 1,619,026 729,573 952,822 1,934,402 852,240 918,457 1,287,556 17,600,191
(a) Based on GDP estimates of base year 2015 compiled by the Department of Census and Statistics Source: Central Bank of Sri Lanka
(b) Revised
(c) Provisional
Note: Since the tax and subsidies on product adjustment is not included, the addition of Agriculture, Industry and Services sectors will not be equal to GDP.
Production and Prices of Major Crops
Production Volume
(a) Revised
Source: Department of Census and Statistics
(b) Provisional
Fish Production by Province
Metric Tons
Total 63,110 3,790 109,785 52,410 62,875 59,370 35,470 8,925 1,495 397,230
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52
National Livestock Statistics ’000
Animal Population
Neat Cattle (No.)
Milk Cows – Milking at present 296 329 323 338 351 348
Not milking at present 269 280 269 270 275 273
Total Cattle 1,001 1,111 1,086 1,104 1,131 1,128
Buffaloes (No.)
Milk Cows – Milking at present 86 94 92 102 106 102
Not milking at present 70 75 69 74 78 75
Total Buffaloes 284 309 298 323 333 325
Goats (No.) 287 315 314 334 362 366
Sheep (No.) 10 11 12 11 12 12
Pigs (No.) 95 98 91 93 99 100
Poultry (No.) 21,276 20,531 20,411 24,278 24,311 22,767
Ducks (No.) 11 12 12 14 20 13
Average Monthly Production
Cow Milk (Litres) 27,418 32,628 31,168 34,470 35,447 34,933
Buffalo Milk (Litres) 5,742 6,347 6,131 6,492 7,328 7,271
Total Milk (Litres) 33,160 38,974 37,299 40,962 42,775 42,204
Eggs (No.) 172,739 164,351 173,684 155,808 162,809 154,050
(a) Revised Sources: Department of Census and Statistics Sri Lanka Tea Board
(b) Provisional Lanka Sugar Company (Pvt) Ltd. - Sevanagala Unit Rubber Development Department
(c) Includes Nucleus Estates and allottees Lanka Sugar Company (Pvt) Ltd. - Pelwatte Unit Galoya Plantations (Pvt) Ltd.
Department of Export Agriculture Ethimale Plantation (Pvt) Ltd.
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54
Industrial Production
Rs. mn
Value Added in Manufacturing Activities (Constant 2015 Prices)(c) 2,027,912 2,104,687 2,147,376 2,092,317 2,247,151 1,963,346
Manufacture of Food, Beverages & Tobacco Products 855,603 896,813 929,371 980,863 1,014,150 869,715
Manufacture of Textiles, Wearing Apparel, Leather and
Leather Related Products 441,181 463,618 469,028 416,312 473,911 512,399
Manufacture of Wood and of Products of Wood and
Cork, except Furniture 38,346 39,879 36,321 32,831 35,579 29,758
Manufacture of Paper and Paper Products, Printing and
Reproduction of Media Products 56,009 57,716 54,064 51,896 56,811 52,069
Manufacture of Coke and Refined Petroleum Products 21,395 19,846 24,630 22,108 15,492 6,474
Manufacture of Chemical and Chemical Products,
Basic Pharmaceutical Products 84,781 88,399 90,144 92,157 95,793 82,350
Manufacture of Rubber and Plastic Products 102,246 101,890 98,429 81,182 97,436 67,507
Manufacture of Other Non- metallic Mineral Products 97,743 102,554 107,062 102,685 119,973 85,188
Manufacture of Basic Metals and Fabricated Metal Products 76,380 84,102 80,312 77,859 81,174 58,781
Manufacture of Machinery and Equipment 63,885 64,638 66,114 65,187 73,090 59,181
Manufacture of Furniture 92,650 88,078 95,470 81,651 82,694 60,837
Other Manufacturing, and Repair and Installation of
Machinery and Equipment 97,692 97,155 96,432 87,586 101,048 79,088
Index of Industrial Production (IIP) (2015 = 100)(d)(e) 105.8 106.7 108.1 97.1 104.2 91.6
Petroleum
Imports
Crude Oil: Quantity MT ’000 1,591 1,674 1,842 1,667 1,182 649
Value (C.I.F.) Rs. mn 107,397 160,024 173,547 107,665 123,865 157,408
Refined Products(c) : Quantity, MT ’000 4,895 4,959 4,740 4,028 4,553 3,927
Value (C.I.F.) Rs. mn 375,374 475,521 483,462 321,818 564,681 1,294,311
Locally Refined Products, MT ’000
Petrol (92 Octane and 95 Octane) 165 165 186 164 124 39
Auto Diesel 509 568 624 538 371 128
Kerosene 57 35 38 109 98 25
Furnace Oil 431 425 483 465 359 107
Aviation Fuel 236 237 259 157 131 57
Local Consumption, MT ’000
Petrol(d) 1,277 1,368 1,427 1,259 1,354 1,188
Diesel(e) 2,286 2,088 2,224 1,819 1,950 1,772
Kerosene 161 210 206 176 185 98
Furnace Oil 1,040 949 1,011 971 720 496
L.P. Gas 412 435 466 473 457 294
Electricity
Available Capacity, MW 4,138 4,046 4,217 4,265 4,186 4,084
Units Generated, GWh 14,671 15,374 15,922 15,714 16,716 15,942
Hydro(f) 3,059 5,149 3,783 3,911 5,640 5,364
Thermal and Other(g) 11,612 10,224 12,139 11,802 11,076 10,578
Sales, GWh 13,430 14,091 14,611 14,286 15,214 14,520
Domestic and Religious 4,463 4,641 4,863 5,172 5,320 5,124
Industrial, General Purpose, Government and Hotel 7,263 7,702 7,955 7,402 8,164 7,748
(a) Revised (e) Includes Auto Diesel, Super Diesel and XtraMile Diesel Sources: Ceylon Petroleum Corporation Laugfs Gas PLC
(b) Provisional (f) Excluding mini hydro Lanka IOC PLC Ceylon Electricity Board
(c) Excluding coal (g) Includes private power generation, coal and NCRE Lanka Marine Services (Pvt.) Ltd Sri Lanka Customs
(d) Includes 92 Octane, 95 Octane and XtraPremium Euro 3 Litro Gas Lanka Ltd. Central Bank of Sri Lanka
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56
Electricity Services by Province
Hospitals (practicing Western Medicine) No. 612 612 603 609 618 617
Beds No. 76,569 76,824 77,964 77,121 78,228 78,228
Primary Medical Care Units No. 506 506 499 518 542 544
Doctors No. 20,349 19,692 18,130 19,615 20,209 21,045
Assistant Medical Practitioners No. 910 895 756 656 648 642
Nurses No. 34,221 34,714 38,276 37,634 39,091 40,775
Attendants No. 9,218 8,614 8,531 8,384 8,334 8,310
In - Patients No. ’000 6,910 7,116 7,478 5,785 n.a. n.a.
Out - Patients No. ’000 55,520 57,410 58,785 38,913 n.a. n.a.
Ayurvedic Physicians(c) No. 23,206 25,431 25,783 26,061 26,183 26,650
Total Health Expenditure(d) Rs. mn 196,820 218,462 244,307 n.a. 387,121 323,537
Recurrent Expenditure (d) Rs. mn 161,312 180,568 211,555 n.a. 275,165 279,803
Capital Expenditure (d) Rs. mn 35,509 37,893 32,752 n.a. 111,956 43,734
Total Health Expenditure as a % of GDP(d)(e) % 1.47 1.51 1.63 n.a. 2.30 1.34
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58
Education
Item 2017 2018 2019 2020 2021(a) 2022(b)
No. of Consumers
2018 1,026,852 272,559 320,351 24,199 264,831 82,548 121,541 103,307 112,466 2,328,654
2019 1,062,489 282,214 330,915 28,064 286,003 87,855 131,995 109,115 118,854 2,437,504
2020 1,103,344 291,357 343,093 31,575 303,391 95,308 144,495 120,006 127,668 2,560,237
2021 1,171,808 307,592 360,999 37,090 332,780 108,403 160,011 136,191 137,450 2,752,324
2022 1,225,046 321,655 382,817 43,571 353,030 120,887 168,752 144,227 145,556 2,905,541
Quantity of Water Sold (m3 mn)
2018 284.5 55.0 66.0 3.7 43.5 17.1 25.4 18.3 20.6 534.1
2019 292.0 58.7 68.5 4.2 48.3 18.8 28.4 19.5 22.3 560.8
2020 305.6 61.3 72.5 4.8 53.1 20.2 31.2 21.0 24.4 594.0
2021 307.0 61.7 73.5 5.4 56.0 21.5 32.8 22.3 24.7 604.8
2022 313.0 61.6 72.9 5.9 55.9 23.0 32.3 22.0 25.2 611.8
Revenue Billed (Rs. mn)
2018 15,822.8 2,111.5 2,921.8 160.5 1,701.2 656.7 1,151.4 760.7 945.4 26,232.1
2019 16,177.8 2,276.5 3,042.5 183.6 1,911.9 734.9 1,317.3 815.7 1,029.4 27,489.6
2020 16,425.2 2,383.0 3,152.3 203.8 2,125.5 1,062.6 1,424.6 846.0 1,108.6 28,731.7
2021 16,185.9 2,333.9 3,174.1 224.8 2,121.6 822.9 1,460.6 869.7 1,076.6 28,269.9
2022 21,567.0 3,181.8 4,229.8 353.9 2,966.8 1,208.0 1,872.9 1,207.4 1,433.2 38,020.8
Revenue Collected (Rs. mn)
2018 16,382.0 2,181.6 2,970.1 171.5 1,788.8 677.9 1,212.5 859.9 1,004.4 27,248.7
2019 16,438.3 2,333.6 3,129.3 190.3 1,947.7 750.7 1,376.6 837.9 1,078.4 28,082.8
2020 14,190.4 2,331.0 2,815.1 188.2 1,913.4 1,002.3 1,336.2 819.2 1,025.8 25,621.5
2021 17,047.6 2,417.6 3,427.8 222.6 2,309.3 845.7 1,507.7 937.7 1,129.5 29,845.5
2022 21,796.5 3,069.8 4,143.2 339.0 2,724.6 1,168.2 1,859.5 1,096.0 1,325.8 37,522.6
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60
Communications
Item 2017 2018 2019 2020 2021(a) 2022(b)
Newspapers(c)
Daily Newspapers – Sinhala 6 3 4 6 6 4
Tamil 5 3 3 4 8 7
English 5 4 6 7 7 6
Weekly Newspapers – Sinhala 24 17 21 29 27(a) 17
Tamil 11 8 6 5 9 11
English 5 3 7 9 9 6
Televisions
No. of TV Channels 24 24 25 25 25 25
Radios
No. of Radio Services 54 57 58 51 51 51
Post Offices 4,690 4,475 4,474 4,196 4,194 4,135
Main Post Offices (No.) 653 653 653 653 654 653
Sub-Post Offices (No.) 3,409 3,410 3,409 3,409 3,410 3,342
Private Post Offices (No.) 628 412 412 134 130 140
Area served by a Post Office (sq. km) 14 15 15 16 16 16
Population served by a Post Office (No.) 4,572 4,791 4,872 5,223 5,283 5,365
Telephones 30,802,261 35,012,720 35,183,776 31,352,417 32,810,441 31,489,325
Wireline Telephones in Service (No.) 1,198,483 1,215,967 1,244,549 1,246,045 1,264,196 1,263,068
Wireless Local Loop Telephones (No.) 1,404,695 1,268,649 1,055,218 1,367,095 1,587,393 1,388,219
Cellular Phones (No.) 28,199,083 32,528,104 32,884,009 28,739,277 29,958,852 28,838,038
Telephone Density (per 100 persons) 143.6 161.6 161.4 143.0 148.1 142.0
Public Pay Phones 5,137 2,135 476 461 n.a. n.a.
E-mail and Internet Subscribers(d) 6,747,154 10,562,675 13,408,403 17,524,048 22,106,398 21,667,616
(a) Revised (c) National Newspapers only Sources: Ministry of Mass Media
(b) Provisional (d) Including mobile intenet connections Sri Lanka Press Council
n.a. - not available Telecommunications Regulatory Commission of Sri Lanka
Department of Census and Statistics
Department of Posts
Telecommunication Services by Province Number
North North Sabara- Sri
Western Central Southern Northern Eastern Uva
Western Central gamuwa Lanka
Land Phones
Sri Lanka Telecom Ltd (includes Wireline, CDMA and LTE provided by SLT)
2018 836,474 167,418 148,290 72,824 80,186 127,244 67,802 88,649 128,311 1,717,198
2019 900,238 177,306 130,947 72,980 68,127 123,303 44,423 52,188 97,249 1,735,042(a)
2020 959,734 173,892 144,923 74,351 76,334 132,147 50,180 53,516 91,025 1,756,102
2021 918,213 171,215 149,961 70,365 67,089 137,310 50,212 57,660 94,174 1,716,199
2022(b) 886,344 160,667 142,739 63,403 58,681 132,727 50,785 54,457 89,755 1,639,558
Wireless Local Loop, CDMA and LTE (provided by Dialog Broadband and Lankabell)
2018 307,640 88,347 83,632 12,906 16,952 77,903 43,156 74,065 62,817 767,418
2019 256,502 61,406 56,536 18,447 18,575 48,929 31,831 50,324 50,489 593,040
2020 349,556 105,864 89,634 21,920 30,639 93,963 38,461 55,803 71,198 857,038
2021 954,027 222,824 217,943 71,275 87,931 232,867 83,577 89,369 162,279 2,122,092
2022(b) 975,893 219,338 212,259 71,778 92,229 227,942 77,456 81,036 155,521 2,113,452
Public Pay Phones
2018 2,430 672 510 74 205 494 238 186 282 5,091
2019 201 57 68 32 15 17 9 42 28 469
2020 198 57 68 32 13 17 6 42 28 461
2021 0 0 0 0 0 0 0 0 0 0
2022 0 0 0 0 0 0 0 0 0 0
(a) Include 68,281 Wireline and CDMA Phones unallocated on provincial basis Source: Telecommunication Regulatory Commission of Sri Lanka
(b) Provisional
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62
Telephone and Internet Penetration
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Telephones, per 100 Persons
111.8 119.5 128.7 135.7 143.6 161.6 161.4 143.0 148.1 142.0
(Fixed Access Services, Wireless Services and Cellular Phones)
Internet Connections, per 1,000 Persons
97.6 163.5 195.1 232.0 314.6 487.4 615.0 799.5 997.8 976.9
(including Mobile Broadband Connections from 2010 onwards)
Source: Telecommunication Regulatory Commission of Sri Lanka
Postal Services by Province
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64
Transportation
New Registration of Motor Vehicles 451,653 480,799 367,303 202,628 33,850 20,510
Buses and Coaches 3,331 2,957 1,613 578 281 404
Cars 39,182 80,776 38,232 21,021 3,495 1,489
Motor Cycles 344,380 339,763 284,301 151,634 8,011 9,060
Goods Transport Vehicles(d) 28,174 26,302 18,682 13,473 5,203 2,592
Land Vehicles 13,049 10,282 7,666 8,302 14,764 6,929
Three Wheelers 23,537 20,063 15,490 7,150 2,093 36
Quadricycles and Motor Homes - 656 1,319 470 3 -
SLTB / Regional Bus Companies
Buses Operated (Average per day) 5,266 5,227 5,011 3,971 3,706 4,215
Passenger Kilometres, mn 15,810 15,541 14,346 8,623 6,225 15,000
Private Operator Buses 19,998 20,030 19,979 20,123 20,021 19,862
Sri Lanka Railways
Passenger Kilometres, mn 7,495 7,710 7,310 3,906 2,158 6,602
Freight Ton Kilometres, mn 145 120 116 114 162 139
SriLankan Airlines
Passenger Kilometres Flown, mn 14,169 16,180 15,509 3,641 2,868 11,042
Passengers, ’000 5,355 5,882 5,579 1,238 857 3,296
Freight, MT ’000 124 136 123 56 93 88
(a) Buses under Sri Lanka Tourist Transport Service (SLTTS) are included in Western Province. Source: Sri Lanka Transport Board
(b) Provisional
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66
Private Operator Bus Services by Province
(a) This figure includes the data related to the inter-provincial permits issued by the National Transport Commission as well. Source: National Transport Commission
(b) Provisional
Motor Vehicles by Province(a) Number
(a) Motor Vehicles with valid revenue licenses (d) Other private buses and coaches without route permits Source: Provincial Departments of Motor Traffic
(b) Revised (e) Provisional
(c) Buses owned by SLTB and private buses with route permits
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68
Port Services
Item 2017 2018 2019 2020 2021(a) 2022(b)
National Consumer Price Index (NCPI) (2013 = 100) 122.6 125.2 129.6 137.6 147.2 221.5
Sub Indices : Food and Non-Alcoholic Beverages 127.0 126.8 127.6 143.1 159.2 255.6
Housing, Water, Electricity, Gas and Other Fuels 115.8 117.3 126.7 127.7 129.1 156.9
Transport 103.3 112.0 116.4 119.3 127.9 229.6
Communication 121.2 119.7 110.3 98.9 98.9 111.9
Health 140.7 151.3 162.3 162.2 169.3 222.7
Clothing and Footwear 118.2 122.8 128.6 132.2 137.7 189.9
NCPI Core(c) 122.8 125.8 133.0 138.5 146.1 210.3
(Continued…)
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70
Prices (Contd.)
Item 2017 2018 2019 2020 2021 2022(a)
Colombo Consumer Price Index (CCPI) (2013 = 100) 6.6 4.3 4.3 4.6 6.0 46.4
Sub Indices : Food and Non-Alcoholic Beverages 9.3 3.3 0.8 11.4 11.7 64.7
Housing, Water, Electricity, Gas and Other Fuels 0.1 1.0 3.7 1.9 1.3 17.2
Transport 4.3 9.2 6.2 4.3 6.8 101.6
Communication 8.9 -1.5 -7.7 -10.7 0.0 12.3
Health 14.4 9.7 11.2 -1.1 5.5 24.6
Clothing and Footwear 6.0 6.8 7.9 5.3 6.6 46.5
CCPI Core(b) 5.9 3.5 5.5 3.1 4.4 34.6
National Consumer Price Index (NCPI) (2013 = 100) 7.7 2.1 3.5 6.2 7.0 50.4
Sub Indices : Food and Non-Alcoholic Beverages 11.3 -0.2 0.7 12.2 11.2 60.6
Housing, Water, Electricity, Gas and Other Fuels 0.9 1.3 8.0 0.8 1.1 21.5
Transport 5.9 8.4 4.0 2.4 7.3 79.4
Communication 9.3 -1.3 -7.9 -10.3 0.0 13.1
Health 9.9 7.6 7.3 0.0 4.3 31.6
Clothing and Footwear 3.2 4.0 4.7 2.8 4.1 38.0
NCPI Core(c) 4.9 2.4 5.7 4.1 5.5 43.9
Producer Price Index (2013 Q4 = 100) 17.0 6.3 2.9 5.8 - -
Producer Price Index (2018 Q4 = 100) - - - 5.8 10.9 74.0
Implicit GDP Deflator (1996 = 100) 5.5 4.3 3.9 3.3(d) 8.5(a)(d) 48.8
Cost of Construction Index (1990=100) 5.2 4.3 4.5 3.1 11.9 68.5
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022 58.7 52.5 57.8 36.4 50.3 44.1 41.4 49.6 42.6 38.4 42.1 44.8
PMI
Manufacturing
2023 40.8 42.3 51.4 34.7 46.2 47.3 44.6 49.3 - - - -
2022 57.5 51.8 51.3 43.8 42.4 40.3 43.0 51.7 51.2 47.9 49.0 51.6
PMI
Services
2023 50.2 48.7 55.1 49.6 53.5 56.7 59.5 57.6 - - - -
Note: The Index PMI is calculated as a ‘Diffusion Index’, where it takes values between 0 to 100. Source: Central Bank of Sri Lanka
PMI =50; sector remained neutral
PMI >50; sector is generally expanding
PMI <50; sector is generally contracting
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72
Prices of Selected Food Items Rs. per kg.
Rice
Samba 51.66 60.83 113.95 105.25 138.38 217.44 104.19 140.33 219.59
Par-Boiled 49.57 44.81 108.98 97.25 111.99 201.14 98.56 114.61 208.77
Kekulu 49.62 56.39 109.23 94.37 103.30 199.13 96.40 104.28 204.80
Vegetables
Green Beans 127.18 144.39 334.27 225.72 244.29 423.52 230.16 273.82 518.43
Carrot 124.38 126.75 232.75 219.57 226.40 380.48 232.73 235.53 417.06
Leeks 101.36 99.24 162.78 178.65 195.49 298.23 183.65 226.05 328.82
Tomatoes 92.50 120.30 234.61 169.45 198.92 350.64 193.98 216.97 374.12
Ash Plantains 57.49 56.30 85.52 122.03 113.04 161.07 148.69 138.92 189.80
Pumpkin 54.75 65.55 105.21 111.18 128.39 190.25 129.78 147.89 260.39
Bitter Gourd 114.60 176.04 295.70 223.25 259.75 416.35 238.02 267.16 431.96
Brinjals 70.95 114.37 218.52 138.93 186.13 324.83 157.58 202.43 336.08
Leafy Vegetables
Gotukola(c) 74.07 73.61 114.12 30.48 32.73 51.98 31.91 25.26 33.24
Mukunuwenna(c) 62.51 61.29 105.09 31.43 33.56 55.01 38.08 50.79 73.33
Yams
Potatoes 118.13 125.27 250.83 197.62 195.65 334.05 209.49 201.64 349.40
Manioc 61.28 47.42 79.01 103.50 84.11 126.54 106.58 82.50 126.47
Sweet Potatoes 57.36 57.73 99.24 102.05 102.85 164.07 118.91 122.06 185.49
(Continued…)
Prices of Selected Food Items (Contd.)
Rs. per kg.
Green Gram 224.50 477.87 639.85 318.45 678.64 868.99 325.50 747.06 927.35
Dried Chillies 381.02 440.18 1,150.94 525.13 584.87 1,544.79 530.17 573.86 1,545.29
Red Onions 185.71 212.76 287.44 323.74 340.85 434.68 347.90 387.97 458.43
Dhal (Mysore) - - - 181.12 224.73 470.05 174.99 204.15 464.90
Meat and Eggs
Beef - - - 957.61 991.31 1,514.20 1,112.44 1,088.97 1,902.94
Chicken (Broiler – with skin) 406.51 470.23 887.72 460.24 540.89 1,000.79 485.58 518.12 1,053.53
Eggs (Farm) (each) 15.55 14.92 34.40 18.60 17.96 39.52 18.62 17.62 39.39
Sea Fish
Seer (Thora) 861.45 974.57 1,661.41 1,270.52 1,364.37 2,127.81 1,512.12 1,540.14 2,462.75
Trevally (Paraw) 679.40 708.77 1,241.65 880.10 929.16 1,539.45 1,138.97 1,184.93 1,974.12
Skip Jack (Balaya) 443.47 454.78 813.89 619.52 679.05 1,188.40 711.50 802.35 1,503.92
Tuna (Kelawalla) 614.19 671.94 1,264.84 943.02 1,045.97 1,778.40 1,007.71 1,036.45 1,565.10
Sail Fish (Talapath) 794.29 900.60 1,592.30 1,109.22 1,244.21 2,057.13 1,189.09 1,445.66 2,372.55
Dried Fish
Queen Fish (Kattawa) 1,009.85 1,119.01 1,939.84 1,268.25 1,370.94 2,164.55 1,338.63 1,655.56 2,572.55
Skip Jack (Balaya) 534.81 538.71 1,148.94 805.61 840.17 1,469.17 851.64 961.59 1,947.06
Sprats (Halmessa) 515.23 549.81 1,156.22 678.86 643.08 1,409.90 689.38 823.68 1,603.92
(a) Colombo city prices represent average retail prices of Borella market. Source: Central Bank of Sri Lanka
(b) Provisional
(c) Producer prices represents price per kg while retail prices are for a bunch.
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Nominal Wage Rate Indices
(Continued...)
Nominal Wage Rate Indices (Contd.)
Wage Rate Index for Informal Private Sector Employees (2018 = 100) (c)
Agricultural Exports 2,579 2,462 2,336 2,729 2,568 418,865 440,080 433,070 543,083 835,007
Tea 1,428 1,346 1,241 1,324 1,259 231,750 240,637 230,170 263,353 411,092
Rubber 32 24 30 42 41 5,088 4,321 5,579 8,377 12,742
Coconut 311 330 345 425 400 50,465 58,852 63,974 84,674 128,509
Other Agricultural Crops 808 762 720 938 868 131,561 136,270 133,347 186,679 282,664
Industrial Exports 9,258 9,426 7,672 9,702 10,465 1,506,200 1,685,442 1,418,594 1,930,515 3,375,846
Textiles and Garments 5,318 5,596 4,423 5,435 5,952 865,975 1,000,713 817,593 1,081,158 1,922,051
Petroleum Products 622 521 374 506 568 101,467 93,194 68,849 100,975 177,194
Other Industrial Products 3,318 3,309 2,875 3,761 3,945 538,759 591,535 532,152 748,382 1,276,601
(a) Provisional Sources: Ceylon Petroleum Corporation and Other Exporters of Petroleum
National Gem and Jewellery Authority
Sri Lanka Customs
Central Bank of Sri Lanka
Imports
USD mn Rs. mn
Item
2018 2019 2020 2021 2022(a) 2018 2019 2020 2021 2022(a)
Consumer Goods 4,980 3,957 3,402 3,849 2,813 806,608 707,594 631,052 764,979 872,256
Rice 107 13 11 73 292 16,679 2,293 1,936 14,680 87,423
Flour 3 3 7 5 113 494 490 1,252 1,044 39,003
Sugar 248 200 276 288 256 40,045 35,714 51,146 56,672 82,644
Milk and Milk Products 332 312 334 318 225 54,002 55,647 61,933 63,094 68,332
Intermediate Goods 12,488 11,370 9,077 12,309 12,439 2,027,460 2,032,997 1,681,070 2,447,907 3,934,047
Fertilizer 262 221 259 158 276 42,682 39,570 48,227 31,414 96,506
Fuel 4,152 3,892 2,543 3,743 4,897 674,295 695,727 469,677 743,664 1,551,667
Textiles and Textile Articles 2,859 2,909 2,335 3,067 3,065 465,334 520,335 432,484 610,217 968,598
Wheat and Maize 373 346 384 418 303 60,637 61,887 71,366 83,326 97,065
Investment Goods 4,690 4,603 3,563 4,463 3,030 760,942 822,954 660,212 887,914 928,089
Building Materials 1,525 1,509 1,036 1,249 926 247,730 269,733 191,816 248,519 282,596
Transport Equipment 668 597 348 399 132 108,057 106,528 64,835 79,412 39,173
Machinery and Equipment 2,492 2,490 2,176 2,810 1,969 404,175 445,332 402,967 558,819 605,441
Unclassified Imports 75 8 14 17 9 11,634 1,484 2,583 3,418 2,941
Total Imports 22,233 19,937 16,055 20,637 18,291 3,606,644 3,565,028 2,974,915 4,104,218 5,737,333
Import Value Index (2010=100) 165.8 148.7 119.7 153.9 136.4 237.9 235.2 196.2 270.7 378.5
Import Volume Index (2010=100) 174.3 164.2 145.5 162.2 126.0 174.3 164.2 145.5 162.2 126.0
Import Unit Value Index (2010=100) 95.1 90.5 82.3 94.9 108.3 136.5 143.2 134.9 166.9 300.4
Terms of Trade (2010=100) 105.6 103.9 106.5 97.4 86.1 105.8 103.9 106.4 97.5 88.7
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78
Selected Exports
Agricultural Commodities
Tea, MT ’000 282 293 266 286 250
Rubber, MT ’000 14 13 16 15 15
Coconut, Mn Nuts(b) 355 768 574 613 687
Minor Agricultural Commodities, MT
Vegetables 25,765 23,957 33,206 21,540 15,835
Fruits 37,363 38,896 38,725 43,426 41,526
Coffee 24 23 27 30 27
Cinnamon 17,860 17,480 19,090 19,195 18,519
Unmanufactured Tobacco 817 805 843 825 839
Cashew nuts 72 56 40 31 68
Betel Leaves 4,009 4,678 3,940 3,834 3,908
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80
Tourism
USD mn Rs. mn
Item
2021(b) 2022(c) 2020(b) 2021(c)
(a) The classification used in this table follows the Balance of Payments Manual 6 th edition (2009) of the IMF Source: Central Bank of Sri Lanka
(b) Revised (c) Provisional
(d) Rebased GDP estimates (base year 2015) of the Department of Census and Statistics have been used.
Ratios calculated in rupee values and USD values differ due to variations in exchange rates during the year.
81
82
Net Receipts of Foreign Assistance Rs. mn
Asian Countries
China Yuan 23.4548 26.5683 26.0127 28.5858 31.4362 52.1878
Hong Kong Dollar 19.5511 23.3369 23.3259 24.0458 25.7024 46.5720
India Rupee 2.3854 2.6132 2.5467 2.5467 2.6935 4.3861
Indonesia Rupiah 0.0113 0.0126 0.0131 0.0133 0.0140 0.0232
Korea Won 0.1432 0.1644 0.1569 0.1719 0.1686 0.2876
Pakistan Rupee 1.3808 1.3063 1.1728 1.1614 1.1245 1.6017
Philippines Peso 3.0583 3.4796 3.5846 3.8819 3.9332 6.5158
Singapore Dollar 114.3224 133.8092 134.8484 141.0634 148.3212 270.0506
Thailand Baht 4.6759 5.6179 6.0900 6.2344 6.0172 10.5082
Middle East Countries
Kuwait Dinar 505.9239 601.3686 599.1358 612.8825 662.5473 1,186.1301
Saudi Arabia Riyal 40.7586 48.7054 48.4189 49.7016 53.3864 96.5782
United Arab Emirates Dirham 41.6147 49.7529 49.4491 50.7489 54.5688 98.8700
Industrial Countries
Australia Dollar 119.1045 128.8661 127.2528 143.6648 145.3546 245.6076
Canada Dollar 121.6077 134.0792 139.2098 146.3517 157.2338 267.9482
Japan Yen 1.3559 1.6547 1.6717 1.8081 1.7415 2.7385
United Kingdom Pound sterling 205.5362 231.8639 238.4582 254.3540 270.5957 437.3478
United States of America Dollar 152.8548 182.7499 181.6340 186.4082 200.4338 363.1100
International Monetary Fund SDR 217.6860 253.5110 251.1689 268.4781 280.5251 483.2413
European Monetary Union Euro 182.4857 208.9928 203.6662 229.4219 226.8610 386.9300
(a) Rates announced by the Central Bank for its transactions Source: Central Bank of Sri Lanka
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84
Balance of Payments (% of GDP)
30
25
20
15
Per cent
10
-5
(a)
2015 2016 2017 2018 2019 2020 2021 2022
- 10
85
86
Government Revenue and Expenditure Rs. mn
(a) According to the Ministry of Finance, the fiscal sector statistics of 2019 have been restated as announced in the Budget Speech for 2020. Source: Ministry of Finance, Economic Stabilisation
(b) Provisional and National Policies
(c) Ports and Airports Development Levy (PAL), Regional Infrastructure Development Levy (RIDL) and Special Commodity Levy (SCL)
(d) Includes Capital Gain Tax (CGT)
(e) Social Responsibility Levy (SRL), Nation Building Tax (NBT), Telecommunications Levy (TL) and National Security Levy (NSL)
n.a. - not available
Fiscal Operations (% of GDP)
25
15
Per cent
-5
Revenue and Grants Recurrent Expenditure Capital Expenditure and Net Lending
Fiscal Operations 2015 2016 2017 2018 2019 2020 2021 2022(a)
Revenue and Grants 12.6 13.2 12.8 12.6 11.9 8.8 8.3 8.3
Recurrent Expenditure 14.7 13.7 13.4 13.6 15.2 16.3 15.6 14.6
Capital Expenditure and Net Lending 5.1 4.5 4.5 3.9 5.7 3.1 4.4 3.9
Current Account Balance -2.1 -0.6 -0.7 -1.1 -3.4 -7.5 -7.3 -6.4
Primary Balance -2.8 -0.2 0.01 0.6 -3.4 -4.4 -5.7 -3.7
Overall Fiscal Balance -7.2 -5.0 -5.1 -5.0 -9.0 -10.6 -11.7 -10.2
Note : Rebased GPD estimates (base year 2015) of the Department of Census and Statistics have been used. Source: Ministry of Finance, Economic
(a) Provisional Stabilisation and National Policies
87
88
Central Government Domestic Debt
Rs. mn
Item 2018 2019(a) 2020(a) 2021(a) 2022(a)(b)(c)
By Instruments
Rupee Loans 24,088 24,088 24,088 24,088 24,088
Treasury Bills (d) 746,887 873,943 1,620,705 2,270,508 4,113,907
Treasury Bonds (e) 4,197,323 4,606,232 5,713,300 6,966,218 8,709,057
Sri Lanka Development Bonds (f) 614,219 559,284 486,870 455,203 382,092
International Sovereign Bonds (f)(g) n.a. 202,099 415,756 372,612 635,443
Central Bank Advances 198,633 236,609 153,079 150,129 235,639
Other (h) 289,851 328,006 651,269 858,466 933,651
By Ownership (i)
Banking Sector (Excluding Licensed Specialised Banks) 2,171,879 2,737,223 4,542,155 5,247,919 8,525,718
Central Bank 244,129 310,909 876,818 1,565,494 2,833,607
Commercial Banks 1,927,750 2,426,313 3,665,337 3,682,425 5,692,111
Non-Bank Sector 3,466,671 3,825,703 4,210,099 4,822,098 6,164,063
Licensed Specialised Banks 410,401 537,175 707,538 807,352 821,593
Licensed Finance Companies 27,633 24,807 12,821 20,401 58,297
Corporations (j) 102,684 90,438 60,592 86,324 393,536
Insurance companies 191,431 198,018 215,737 267,738 373,766
Superannuation Funds (k) 2,501,306 2,751,295 2,998,034 3,378,200 3,953,808
Government Institutes, Funds and State Owned Enterprises (l) 152,527 155,808 132,340 170,757 240,282
Local Individual 34,942 28,086 27,046 37,567 255,521
Other (m) 45,748 40,076 55,992 53,759 67,260
Repurchase Transaction allocations (n) 432,451 267,334 312,814 1,027,207 344,096
Total 6,071,001 6,830,260 9,065,068 11,097,223 15,033,876
(a) As per the guidelines of compiling government debt statistics in the Manual of Government Finance Statistics published by the IMF in 2014, these debt service payments in the debt recording systems is not yet finalised.
non resident holdings of outstanding SLDBs have been classified under foreign debt and resident holdings of outstanding ISBs of the Sri Lankan (g) Represents ISB outstanding owned by the Licensed Commercial Banks
Government have been classified under domestic debt from 2019 onwards. (h) Data for 2022 includes outstanding balance of the government guaranteed foreign currency debt of the Ceylon Petroleum
(b) Provisional Corporation that was absorbed into central government debt w.e.f. December 2022, which amounted to Rs. 884,093.4 million
(c) The outstanding central government debt excludes several debt service payments that became overdue after 12 April 2022, the date of which (i) Institution wise classification was revised based on records of the Central Depository System System and the data for 2018-2021
the Interim Policy regarding the servicing of Sri Lanka’s external public debt was announced by the Ministry of Finance, Economic Stabilisation have been revised accordingly.
and National Policies. These debt service payments comprise of overdue interest payments of affected debt which deemed to be capitalised as (j) Includes the holdings of Standalone Primary Dealers, leasing companies, private companies, mutual funds, etc.
per the Interim Policy, and several overdue interest payments in relation to SLDBs (k) Includes the holdings of EPF, ETF, pension funds, provident funds, etc.
(d) Excludes outstanding Treasury bills held by non resident investors (l) Includes the holdings of Government authorities, Government departments, Ministries, etc
(e) Excludes Treasury bonds held by non resident investors and includes Government Treasury bonds of Rs. 78,441 million issued for CPC in (m) Includes the holdings of societies, clubs, associations, etc.
January 2012, of which Rs. 21,778 million matured on 01 January 2017 and Rs. 25,217 million matured on 01 January 2022 and the current (n) Includes securities holdings under Repurchase agreements for which absolute ownership could not be established
outstanding is Rs. 31,446 million. n.a. - not available
(f) Several interest payments that fell overdue after the debt standstill may not be included in the outstanding balance for 2022 since recording of Sources: Ministry of Finance, Economic Stabilisation and National Policies
Central Bank of Sri Lanka
Central Government Foreign Debt by Ownership Rs. mn
(a) Revised (g) Includes rupee denominated Treasury bonds and Treasury bills held by non-resident Sources: Ministry of Finance, Economic
(b) Based on CS-DRMS reports for end 2021 downloaded on 09.03.2023 investors Stabilisation and National Policies
(c) Provisional (h) 2018, 2019, 2020, 2021 and 2022 values include Sri Lanka Development Bonds Central Bank of Sri Lanka
(d) Based on CS-DRMS reports for end 2022 downloaded on 10.03.2023 held by non-resident investors and excludes International Sovereign Bonds held by
(e) Includes Outstanding loans of Export-Import Bank of China, People’s Republic of China, China Development resident investors
Bank Corporation, HSBC Limited (Hongkong)-China and TLF China Development Bank. the loans of Export- (i) The arrears interest payments for Sri Lanka Development Bonds and International
Import Bank of China Includes outstanding loans of projects under State Owned Business Enterprises Sovereign Bonds as of 31.12.2022 are not included
(SOBEs) w.e.f. 31.12.2022
(f) Includes loans from financial institutions of France
89
90
Monetary Developments
Rs. mn
(a) Provisional
Source: Central Bank of Sri Lanka
(b) Previously known as Quasi Money
(c) Rebased GDP estimates (base year 2015) of the Department of Census and Statistics have been used.
Growth of Money Supply
40
-10
Narrow Money M1
Broad Money M2
91
92
Money Market Operations Rs. mn
Item 2017 2018 2019 2020 2021 2022
Call Money : Total Lending / Borrowing 3,900,444 4,196,244 4,775,160 3,234,306 7,934,900 3,746,075
Primary Treasury bill Market
Amount Issued / Sold 1,624,266 1,653,259 1,719,327 2,590,539 3,821,419 9,942,826
Purchased by – Central Bank 513,092 724,051 631,653 1,229,787 1,923,113 6,063,761
Others 1,111,174 929,208 1,087,674 1,360,752 1,898,306 3,879,065
Total Outstanding (year end) 724,706 758,796 897,670 1,621,375 2,270,712 4,126,384
Central Bank Secondary Treasury bill bonds Market
Repo Transactions 3,327,692 1,530,256 1,091,644 354,108 1,665,700 1,555,250
Reverse Repo Transactions 1,049,615 3,385,716 3,028,593 692,267 203,500 1,189,500
Other : Outright Sales (T-bills) 110,325 63,725 - - 14,350 23,530
Outright Purchases (T-bills) - 40,497 41,772 - - -
Outright Sales (T-bonds) - - - - - -
Outright Purchases (T-bonds) - - 47,694,000 21,703 - -
Standing Deposit Facility 3,954,870 4,502,900 7,488,642 32,809,421 29,450,300 54,528,340
Certificates of Deposits (year end) -
Treasury bonds
Primary Market Issues 548,815 763,020 798,000 1,332,069 1,761,979 2,373,045
Outstanding (year end) (a) 4,187,467 4,344,238 4,686,526 5,719,504 6,967,928 8,722,135
Central Bank’s Reverse Repo Transactions
Central Bank Securities
Issues - - - - - -
Outstanding (year end) - - - - - -
Market Repo Transactions(b) 4,205,574 2,761,231 3,456,394 3,151,250 3,532,480 1,568,255
Commercial Papers
Issues 6,512 1,858 3,361 4,525 5,769 2,001
Outstanding (year end) 751 156 443 1,518 1,053 150
(a) Provisional Source: Central Bank of Sri Lanka
(b) From 2nd January 2014 Standing Repurchase facility was renamed as Standing Deposit Facility and from 3rd February 2014, it was made uncollateralized.
(c) Excludes government bonds of Rs.4,397 million issued to CWE in 2003, Rs.78,441 million issued to CPC in January 2012 and Rs. 13,125 million issued to Sri Lankan Airlines in March 2013.
(d) Overnight (It covers only Licensed Commercial Banks and Primary Dealers.
(e) Revised
Interest Rates
Per cent per annum
Item 2017 2018 2019 2020 2021 2022
(a) The rate at which the Central Bank grants advances to banking institutions as the lender of last resort . Sources: Central Bank of Sri Lanka
(b) The compilation and publication of SLIBOR was discontinued with effect from 1 st July 2020. Reuters
(c) Issued through auctions
(d) Based on the settlement date
93
94
Selected Interest Rates
35.0
30.0
Treasury bill Yields - 3 Months
AWPR
25.0
AWDR
20.0
Per cent
15.0
10.0
5.0
0.0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Licensed Commercial Bank Branches(c) 2,855 2,877 2,907 2,915 2,919 2,925
Domestic Bank Branches 2,803 2,826 2,857 2,869 2,874 2,879
Foreign Bank Branches 52 51 50 46 45 46
Licensed Specialised Banks Branches(c) 691 696 700 704 705 706
Domestic Banks 13 13 13 13 13 13
Foreign Banks 12 13 13 11 11 11
95
96
Operations of Commercial Banks(a) Rs. mn
Item 2017 2018 2019 2020 2021 2022(b)
97
98
Selected Non-Bank Financial Institutions Rs. mn
Thrift and Credit Co-operative Societies(c), No. 8,423 8,423 8,423 8,423 8,423 8,423
Deposits 5,820 12,145 46,042(d) 27,250(d) 25,952 23,897
Loans Granted 15,664 23,256 25,189(d) 16,408(d) 15,626 14,175
Unit Trusts
Net Assets (Rs. bn) 128.0 64.2 104.8 200.9 193.8 149.8
Investments in Shares (Market Value, Rs. bn) 13.0 9.5 9.8 14.1 17.6 11.8
Investments in Government Securities (Rs. bn) 22.5 2.5 4.0 25.3 23.4 84.9
No. of Units in Issues, (mn) 7,638 3,368 4,769 8,014 7,835 6,283
No. of Unit holders 41,037 42,093 46,481 52,402 59,426 67,912
Savings Deposits 2,269,487 2,475,910 3,274,510 3,891,888 3,841,017 24.83 25.02 27.76 29.26 23.63
Licensed Commercial Banks 1,909,489 2,055,438 2,785,439 3,324,449 3,357,977 20.90 20.77 23.62 24.99 20.66
Licensed Specialised Banks 261,297 288,689 364,424 418,259 354,980 2.86 2.92 3.09 3.14 2.18
Licensed Finance Companies 34,601 33,528 37,333 38,372 34,261 0.38 0.34 0.32 0.29 0.21
Thrift and Credit Co-operative Societies 12,145 30,924(c) 15,907(c) 15,149(c) 13,634(c) 0.13 0.31 0.13 0.11 0.08
Co-operative Rural Banks 51,955 67,331 71,407(d) 95,659(d) 80,165 0.57 0.68 0.61 0.72 0.49
Time Deposits 6,325,794 6,892,268 7,822,604 8,519,748 11,350,520 69.22 69.64 66.33 64.05 69.84
Licensed Commercial Banks 4,751,133 5,114,557 5,846,390 6,345,869 8,866,469 51.99 51.68 49.57 47.71 54.56
Licensed Specialised Banks 813,792 977,988 1,175,927 1,330,396 1,526,497 8.91 9.88 9.97 10.00 9.39
Licensed Finance Companies 682,247 723,159 711,244 744,913 830,208 4.47 4.31 6.03 5.60 5.11
Thrift and Credit Co-operative Societies 5,937 15,117(c) 11,343(c) 10,803(c) 10,263(c) 0.06 0.15 0.10 0.08 0.06
Co-operative Rural Banks 72,685 61,447 77,700(d) 87,767(d) 117,083 0.80 0.62 0.66 0.66 0.72
Total Deposits(e) 9,139,247 9,896,930 11,794,016 13,300,802 16,251,564 100.00 100.00 100.00 100.00 100.00
99
100
Share Market Indicators
Item Unit 2017 2018 2019 2020 2021(a) 2022(b)
Rs. 50.00