Outlook of Sri Lanka

Profile of Sri Lanka

**--Gross Domestic Product $59.41 billion, GDP at purchasing power parity (PPP) $218 billion**
Fiscal year	calendar year
GDP – composition by end use	household consumption: 69.6% government consumption: 13.5% investment in fixed capital: 28.9% investment in inventories: 1.8% exports of goods and services: 22.8% imports of goods and services: -36.5% (2012 est.)
GDP – composition by sector	agriculture: 11.1% industry: 31.5% services: 57.5% (2012 est.)
Population below poverty line	8.9% (2010 est.)
Labor force	8.194 million (2012 est.)
Labor force – by occupation	agriculture: 31.8% industry: 25.8% services: 42.4% (June 2012)
Unemployment rate	5.2% (2012 est.) 4.2% (2011 est.)
Unemployment and youth ages 15-24	total: 19.4% male: 16.3% female: 24.7% (2010)
Household income or consumption by percentage share	lowest 10%: 1.6% highest 10%: 39.5% (2009)
Distribution of family income – Gini index	49 (2010) 46 (1995)
Investment (gross fixed)	28.9% of GDP (2012 est.)
Budget	revenues: $7.868 billion expenditures: $11.63 billion (2012 est.)
Taxes and other revenues	13.2% of GDP (2012 est.)
Budget surplus (+) or deficit (-)	-6.3% of GDP (2012 est.)
Public debt	77.7% of GDP (2012 est.) 78.4% of GDP (2011 est.) note: covers central government debt and excludes debt instruments directly owned by government entities other than the treasury (e.g. commercial bank borrowings of a government corporation); the data includes treasury debt held by foreign entities as well as intra-governmental debt; intra-governmental debt consists of treasury borrowings from surpluses in the social funds such as for retirement; sub-national entities are usually not permitted to sell debt instruments
Inflation rate (consumer prices)	7.5% (2012 est.) 6.7% (2011 est.)
Central bank discount rate	7.5% (19 December 2012 est.) 7% (31 December 2011 est.)
Commercial bank prime lending rate	13.25% (31 December 2012 est.) 9.41% (31 December 2011 est.)
Stock of narrow money	$3.539 billion (31 December 2012 est.) $3.852 billion (31 December 2011 est.)
Stock of broad money	$21.89 billion (31 December 2011 est.) $18.88 billion (31 December 2010 est.)
Stock of domestic credit	$28.86 billion (31 December 2012 est.) $26.53 billion (31 December 2011 est.)
Market value of publicly traded shares	$16.92 billion (31 December 2012) $19.44 billion (31 December 2011) $19.92 billion (31 December 2010)
Agriculture – products	rice sugarcane grains pulses oilseed spices vegetables fruit tea rubber coconuts; milk eggs hides beef; fish
Industries	processing of rubber tea coconuts tobacco and other agricultural commodities; telecommunications insurance banking; tourism shipping; clothing textiles; cement petroleum refining information technology services construction
Industrial production growth rate	10.3% (2012 est.)
Current Account Balance	-$4.737 billion (2012 est.) -$4.638 billion (2011 est.)
Exports	$9.785 billion (2012 est.) $10.56 billion (2011 est.)
Exports – commodities	textiles and apparel tea and spices; rubber manufactures; precious stones; coconut products fish
Exports – partners	US 22.6% UK 9.8% India 6.4% Belgium 5.2% Germany 4.8% Italy 4.3% (2012)
Imports	$17.32 billion (2012 est.) $18.24 billion (2011 est.)
Imports – commodities	petroleum textiles machinery and transportation equipment building materials mineral products foodstuffs
Imports – partners	India 21.3% China 16.5% Singapore 8.6% Iran 7.7% UAE 4.4% Malaysia 4.3% (2012)
Reserves of foreign exchange and gold	$6.831 billion (31 December 2012 est.) $6.748 billion (31 December 2011 est.)
Debt – external	$26.87 billion (31 December 2012 est.) $23.98 billion (31 December 2011 est.)
Stock of direct foreign investment – at home	$NA
Stock of direct foreign investment – abroad	$NA
Exchange rates	Sri Lankan rupees (LKR) per US dollar – 127.6 (2012 est.) 110.57 (2011 est.) 113.06 (2010 est.) 114.95 (2009) 108.33 (2008)