Sri Lanka

Sri Lanka's consumer prices fell, with inflation at -4.8%, while real output grew 5.0%. US$ GDP rose 9.2% to US$108.8 billion, holding the economy at 73rd, between Oman and Croatia. Services account for 54.6% of output and industry 25.4%, with manufacturing at 17.1% and agriculture at 8.4%. Unemployment stood at 4.0%, but government gross debt reached 96.8% of GDP.

The 3rd-largest economy in South Asia is about the size of the Louisville/Jefferson County, KY metro area. GDP per capita of US$5,002 ranks 126th of 196; low local prices lift it 16 places on a PPP basis, to 110th at $17,065 international dollars. Since 2000, when GDP stood at US$16.6 billion and Sri Lanka ranked 76th, US$ GDP has grown 6.6 times. The IMF projects a +23% rise to US$133.8 billion by 2030, which would place it 77th.