Building a Strong Middle Class in Asia

Investing in training and practical education will stimulate and diversify the job market in Asia - moving the poor into middle class. Watch Video

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Sri Lanka Could Slash 2020 Carbon Emissions by a Fifth with Green Power Options

Sri Lanka has the potential to avoid emissions of more than 5.6 million tons of carbon dioxide in 2020 by introducing low-cost green technology, such as e-vehicles. Read More

Cutting Emissions in South Asia

Five South Asian countries could slash greenhouse gas emissions by a fifth by 2020 at little cost by introducing clean technologies. Read More

Overview

Sri Lanka needs to reorient its planning and policy framework to suit the requirements of a middle-income country, drawing on the experiences of other Asian countries and international best practices.

ADB's country partnership strategy (CPS), 2012-2016, for Sri Lanka,  focuses on three pillars: inclusive and sustainable economic growth, catalyzing private investment and enhancing the effectiveness of public investment, and human resource and knowledge development. ADB's interventions during the CPS period will be strategically focused on transport, energy, education, skills development, and water supply.

Fast Facts

20.27 (2012)
Population in millions

0.7% (2010-2012)
Annual population growth rate

8.9% (2010)
Population living below the national poverty line

Fact Sheet

Proposed Projects

There are no proposed projects at this time.

Approved Projects

1 Apr 2013 39619-013: Eastern and North Central Provincial Road Project (formerly Road Network Project [Provincial Roads])
28 Mar 2013 26522-023: Southern Transport Development Project (Supplementary Financing)
28 Mar 2013 31501-013: Secondary Towns and Rural Community-Based Water Supply and Sanitation
28 Mar 2013 31501-023: Secondary Towns and Rural Community-Based Water Supply and Sanitation Project (Supplementary Loans)
28 Mar 2013 31501-033: Secondary Towns and Rural Community-Based Water Supply and Sanitation Project (Additional Financing)
View all approved

ADB Lending

Amount ($M) / %
Sector (No. of loans)
991.35 / 17.12
Agriculture (46)
 
351.90 / 6.08
Education (11)
 
807.75 / 13.95
Energy (17)
 
509.40 / 8.80
Finance (22)
 
35.40 / 0.61
Health (2)
 
243.15 / 4.20
Industry and Trade (11)
 
233.00 / 4.02
Public Sector (7)
 
1,456.20 / 25.14
Transport and ICT (25)
 
862.67 / 14.90
Water Supply (20)
 
300.47 / 5.19
Multisector (8)
 
5,791.30 / 100.00
TOTAL (169)
Cumulative as of 31 December 2012

Publications

Apr 2013 Asian Development Bank and Sri Lanka: Fact Sheet

Apr 2013 ADB Annual Report 2012

Apr 2013 Asian Development Outlook 2013: Asia's Energy Challenge

View all publications

News Releases

22 Apr 2013 ADB Assistance Tops $21.5 Billion in 2012
9 Apr 2013 Sri Lanka's Economy to Recover in 2013-2014 - ADB Report
9 Apr 2013 Asia's Future Prosperity Requires Major Change in Energy Use
9 Apr 2013 Developing Asia's Growth Steps Up to 6.6% in 2013
6 Mar 2013 Sri Lanka Could Slash 2020 Carbon Emissions by a Fifth with Green Power Options
View all news releases

Development Effectiveness

January 2012
Sri Lanka: A Partnership for Prosperity

Economic Update

Sri Lanka Quarterly Economic Update - October-November 2012

View all

Newsletter

June 2012

View all

Quick Links

Fact Sheet
Economic Data
Translations in Sinhala
Translations in Tamil (தமிழ்)

ADB IN ACTION