Sri Lanka: Economy

Sri Lanka’s growth was marginally lower in 2015 while the current account deficit improved slightly and inflation moderated. Meanwhile, the budget deficit widened and foreign exchange reserves dropped sharply. The government will have to work to realign fiscal policy toward putting the country on a high and sustainable growth track. Read more from Asian Development Outlook 2016

Economic forecasts for South Asian countries

Country 2016 2017
Afghanistan 2.0 3.0
Bangladesh 6.7 6.9
Bhutan 6.4 6.1
India 7.4 7.8
Maldives 3.5 3.9
Nepal 1.5 4.8
Pakistan 4.5 4.8
Sri Lanka 5.3 5.8
Average 6.9 7.3
Country 2016 2017
Afghanistan 3.0 3.5
Bangladesh 6.2 6.5
Bhutan 4.0 5.0
India 5.4 5.8
Maldives 1.2 1.4
Nepal 10.5 8.2
Pakistan 3.2 4.5
Sri Lanka 4.5 5.0
Average 5.2 5.7
Country 2016 2017
Afghanistan 2.0 -0.7
Bangladesh -0.5 -1.0
Bhutan -28.8 -27.0
India -1.6 -1.8
Maldives -12.6 -10.5
Nepal 10.3 6.4
Pakistan -1.0 -1.2
Sri Lanka -2.0 -1.8
Average -1.4 -1.6

Source: Asian Development Outlook 2016

 

 
This page was generated from http://www.adb.org/countries/sri-lanka/economy on 01 July 2016