Sri Lanka: Economy | Asian Development Bank

Sri Lanka: Economy

GDP grew by 3.8% in the first quarter of 2017 and 4.0% in the second to hold growth in the first half of 2017 to 3.9% year on year, unchanged from the 2016 outcome. Agriculture was hit in the first quarter by continuing drought, causing a 3.2% decline. Rice production fell by 53%, and there were significant declines in tea and rubber, major exports crops. Floods in the second quarter shrank agriculture by 2.9% with further rice loses, even as tea and rubber rebounded. Read more from Asian Development Outlook 2017 Update

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*2017 and 2018 are forecasts.

Economic forecasts for South Asian countries

The latest available economic data for Sri Lanka compared to countries in South Asia.

*2017 and 2018 are forecasts.

Asian Development Outlook 2017
Asian Development Outlook 2017 Update