KEY ECONOMIC INDICATORS

2000

2010

DEMOGRAPHY
Mid-year population (000 persons) (b)(c)
Growth of mid- year population (per cent) (b)
Population density (persons per sq.km.) (b)
Labour force (000 persons) (d)(e)
Labour force participation rate (per cent) (e)
Unemployment rate (per cent of labour force) (e)

19,102
1.4
305
6,827
50.3
7.6

20,675
1.0
330
8,108
48.1
4.9

OUTPUT (f)
GDP at current market price (Rs. billion)
GNI at current market price (Rs. billion)
GDP at current market price (US$ billion)
GNI at current market price (US$ billion)
Per capita GDP at market price (Rs.) (h)
Per capita GNI at market price (Rs.) (h)
Per capita GDP at market price (US$) (h)
Per capita GNI at market price (US$) (h)

1,258
1,233
16.6
16.3
65,838
64,569
869
852

6,414
6,344
56.7
56.1
310,214
306,839
2,744
2,714

REAL OUTPUT (percentage change) (f)

GDP
Sectoral classification of GDP
Agriculture
Industry
Services
GNI
AGGREGATE DEMAND AND SAVINGS (per cent of GDP) (f)
Consumption
Private
Government
Investment
Net exports of goods & services
Exports of goods & services
Imports of goods & services
Domestic savings
Net primary and secondary income from rest of the world
National savings
PRICES AND WAGES (percentage change)
Colombo Consumers Price Index (2006/07 = 100) - annual average
Colombo Consumers Price Index (2006/07 = 100) - year-on-year (end period)
National Consumer Price Index (2013 = 100) - annual average
National Consumer Price Index (2013 = 100) - year-on-year (end period)
Wholesale Price Index (1974 = 100) - annual average
Producer's Price Index (2013 Q4 = 100) - annual average
GDP deflator (f)
GNI deflator (f)
Nominal wage rate index for workers in all wages boards (1978 Dec = 100)
Nominal wage rate index for public sector employees (2012 = 100)
Nominal wage rate index for informal private sector employees (2012 = 100)
EXTERNAL TRADE
Trade balance (US$ million)
Exports (k)
Imports (k)
Terms of trade (percentage change)
Export unit value index (2010 = 100)
Import unit value index (2010 = 100)
Export volume index (2010 = 100)
Import volume index (2010 = 100)

(percentage change)
(percentage change)
(percentage change)
(percentage change)

EXTERNAL FINANCE (US$ million)

Services and income account (net)
Current private transfers (net)
Current official transfers (net)
Current account balance
Overall balance
(a) Provisional
(b) As reported by the Registrar Generals Department
(c) Mid-year population estimates in 2000 were prepared based on the Census
of Population and Housing - 1981 and thereafter until 2011 were prepared
based on the Census of Population and Housing - 2001. Mid-year population
estimates in 2012 onwards were prepared based on the final report of the
Census of Population and Housing - 2012.
(d) Data up to 2011 for household population aged 10 and above while
that of 2012 onwards for those aged 15 and above.

2011

2012

20,869 (a) 20,424 (a)

1.0 (a)
0.7 (a)
333 (a)
326 (a)
8,555
8,454
47.8
52.6
4.2
4.0

2013
20,579 (a)
0.8 (a)
328 (a)
8,802
53.8
4.4

7,219
7,147
65.3
64.6
345,925
342,473
3,129
3,097

8,732
8,578
68.4
67.2
427,559
419,975
3,351
3,291

9,592
9,366
74.3
72.5
466,112
455,126
3,610
3,525

2014
20,771 (a)
0.9 (a)
331 (a)
8,805
53.3
4.3

2015 (a)
20,966
0.9
334
8,973
53.8
4.6

10,448 (a)(g) 11,183

10,212 (a)(g) 10,932
80.0 (a)(g)
82.3
78.2 (a)(g)
80.4
503,032 (a)(g) 533,398
491,638 (a)(g) 521,412
3,853 (a)(g)
3,924
3,766 (a)(g)
3,836

6.0

8.0 (i)

8.4

9.1

3.4

4.9 (a)(g)

4.8

1.8
7.5
7.0
5.8

7.0 (i)
8.4 (i)
8.0 (i)
7.9 (i)

4.6
9.3
8.9
8.5

3.9
9.0
11.2
8.3

3.2
4.1
3.8
2.8

4.9 (a)(g)
3.5 (a)(g)
5.2 (a)(g)
4.9 (a)(g)

5.5
3.0
5.3
4.8

76.9
68.5
8.5
30.4
-7.3
19.6
26.8
23.1
5.4
28.5

79.8
71.3
8.6
33.4
-13.2
20.9
34.1
20.2
6.1
26.3

72.8
65.2
7.6
39.1
-11.9
19.8
31.7
27.2
6.1
33.3

75.4
67.6
7.8
33.2
-8.6
20.3
28.9
24.6
5.2
29.9

76.0 (a)
67.7 (a)
8.3 (a)
32.0 (a)
-8.0 (a)
20.9 (a)
28.9 (a)
24.0 (a)
5.5 (a)(j)
29.5 (a)

77.4
68.6
8.8
30.1
-7.4
20.5
28.0
22.6
5.2 (j)
27.8

6.2
6.8
11.2
7.3 (i)
7.3 (i)
32.0
3.2
7.6

6.7
4.9
10.6
3.8
3.8
4.6
6.7
7.9

7.6
9.2
3.5
10.8
10.9
22.2
3.5
13.1

6.9
4.7
9.2
6.2
6.2
5.7
6.3
9.8

3.3
2.1
3.2
3.9 (a)(g)
3.9 (a)(g)
3.7
10.5
7.6

0.9
2.8
3.8
4.2
1.0
3.7
2.1
2.1
2.9
31.7
7.3

82.6
72.1
10.5
28.0
-10.6
39.0
49.6
17.4
4.0
21.5
1.7
6.7
6.7
2.3
-1,798
5,522
7,320
-6.1(l)
1.5(l)
8.1(l)
18.3(l)
12.9(l)

-4,825
8,626
13,451
27.4
40.4
10.2
-13.3
19.6

-9,710
10,559
20,269
-8.9
11.1
22.0
10.2
23.6

-9,417
9,774
19,190
-1.5
-7.3
-5.8
-0.2
0.5

-7,609
10,394
18,003
4.6
-0.3
-4.7
6.7
-1.5

-8,287
11,130
19,417
4.3
2.7
-1.5
4.3
9.5

-8,430
10,505
18,935
2.3
-9.8
-11.8
4.6
10.6

-267
974
24
-1,066
-522

90
3,608
52
-1,075
921

452
4,583
60
-4,615
-1,059

43
5,339
53
-3,982
151

-572
5,619
21
-2,541
985

72 (g)
6,199
28
-1,988 (g)
1,369

228
6,167
27
-2,009
-1,489

(e) For 2000, data excludes both Northern and Eastern provinces. For 2010, data
excludes Northern province. From 2011 onwards, data covers the entire island.
(f) Rebased GDP estimates (base year 2010) of the Department of Census and Statistics
have been used from 2010 onwards.
(g) Revised
(h) Estimates updated with latest population figures
(i) Data is under the 2002 base year
(j) The difference with the BOP estimates is due to the time lag in compilation.
(k) Excludes re-exports and re-imports from 2007 onwards
(l) Based on trade indices (1997=100)

KEY ECONOMIC INDICATORS (Contd.)

Current account balance (per cent of GDP) (f) (m)
Total foreign assets (months of the same year imports) (n)
Gross official reserves (months of the same year imports)
Overall debt service ratio (o)
As a percentage of export of goods and services
As a percentage of current receipts
Total external debt (per cent of GDP) (f) (m)
EXCHANGE RATES
Annual average
Rs/US$
Rs/SDR (p)
NEER (2010 = 100) (24 - currency basket) (q)
REER (2010 = 100) (24 - currency basket) (q) (r)
Year end
Rs/US$
Rs/SDR (p)
GOVERNMENT FINANCE (per cent of GDP) (f)
Revenue and grants
Revenue
o/w Tax revenue
Grants
Expenditure and net lending
Current expenditure
Capital expenditure and net lending
Current account deficit (-) / surplus (+)
Primary deficit (-) / surplus (+)
Overall deficit (-) / surplus (+)
Deficit financing
Foreign
Domestic
Government debt
Foreign
Domestic
MONETARY AGGREGATES (year-on-year percentage change)
Reserve money
Narrow money (M1)
Broad money (M2b) (s)
Net foreign assets of the banking system
Net domestic assets of the banking system
Domestic credit from the banking system to
Government (net)
Public corporations
Private sector
Money multiplier for M2b (end year)
Velocity of M2b (average for the year) (f)
INTEREST RATES (per cent per annum at year end)
Repurchase rate (overnight) (t)
Reverse repurchase rate (overnight) (t)
Money market rates
Average weighted call money rate (AWCMR)
Treasury bill yields
91 days
364 days
Deposit rates
Commercial banks average weighted deposit rate (AWDR)
Commercial banks average weighted fixed deposit rate (AWFDR)
NSB savings rate
NSB 12 month fixed deposit rate
Lending rates
Commercial banks average weighted prime lending rate (AWPR)
Commercial banks average weighted lending rate (AWLR)
CAPITAL MARKET
All share price index (ASPI) (1985 = 100)
Milanka price index (MPI) (1998 Dec = 1,000)
S&P SL 20 index (2004 Dec = 1,000) (u)
Value of shares traded (Rs. million)
Net purchases by non nationals (Rs. million)
Market capitalisation (Rs. billion)
(m) Based on GDP estimates in US dollars
(n) Excludes foreign assets in the form of direct investments abroad and
trade credit and advances received
(o) Overall debt service ratios were reclassified to capture debt servicing
of government: short-term debt (i.e. foreign holdings of Treasury
bonds) in accordance with the External Debt Statistics Manual (2003)
of the International Monetary Fund (IMF).
(p) Special Drawing Rights (SDR), the unit of account of the IMF
(q) Exchange rates have been defined in terms of indices so that the
appreciation/depreciation of the rupee relative to other currencies is
directly reflected by a rise/fall in the values of the effective exchange
rate indices.

2000

2010

2011

2012

2013

-6.4
3.5
1.7

-1.9
7.7
6.4

-7.1
4.7
4.0

-5.8
5.4
4.4

-3.4
5.7
5.0

2014
-2.5 (g)
6.1
5.1

2015 (a)
-2.4
5.9
4.6

14.7
12.2
61.0

16.7
11.9
37.8

13.2
9.3
50.2

19.7
13.5
54.2

26.8
18.7
53.7

20.8 (g)
14.5
53.6 (g)

27.7
19.5
54.4

75.78
99.90
-

113.06
172.50
100.00
100.00

110.57
174.54
99.84
101.84

127.60
195.38
90.44
95.80

129.11
196.19
91.39
100.61

130.56
198.35
91.99
101.94

135.94
190.16
96.61
106.18

80.06
104.31

110.95
170.84

113.90
174.87

127.16
195.31

130.75
201.36

131.05
189.86

144.06
199.63

17.2
16.8
14.5
0.4
26.7
20.2
6.5
-3.4
-3.8
-9.5
9.5
0.1
9.4
96.9
43.1
53.8

13.0
12.7
11.3
0.3
20.0
14.6
5.3
-1.9
-1.5
-7.0
7.0
3.8
3.2
71.6
31.6
40.0

13.6
13.4
11.7
0.2
19.9
14.2
5.7
-0.8
-1.3
-6.2
6.2
3.0
3.2
71.1
32.3
38.8

12.2
12.0
10.4
0.2
17.8
13.0
4.9
-0.9
-0.9
-5.6
5.6
3.3
2.3
68.7
31.7
37.0

12.0
11.9
10.5
0.2
17.4
12.6
4.8
-0.7
-0.8
-5.4
5.4
1.3
4.1
70.8
30.9
40.0

11.5
11.4
10.1
0.1
17.2
12.7
4.5
-1.2
-1.5
-5.7
5.7
2.0
3.6
70.7
29.8
40.9

13.1
13.0
12.1
0.1
20.5
15.2
5.3
-2.2
-2.9
-7.4
7.4
2.1
5.3
76.0
31.7
44.3

4.7
9.1
12.9
-31.9
26.9

18.8
20.9
15.8
-6.1
22.1

21.9
7.7
19.1
-74.0
39.7

10.2
2.6
17.6
-126.3
23.4

0.9
7.7
16.7
-195.5
18.3

18.3
26.3
13.4
119.8
10.5

16.5
16.8
17.8
-2,071.2
26.0

56.8
193.2
11.8
4.60
2.80

-2.1
97.4
24.9
5.80
3.34

32.9
37.3
34.5
5.67
3.15

25.4
47.3
17.6
6.05
3.17

24.5
24.8
7.5
7.00
2.99

10.3
22.2
8.8
6.71
2.88

22.5
17.2
25.1
6.78
2.67

17.00
20.00

7.25
9.00

7.00
8.50

7.50
9.50

6.50
8.50

6.50
8.00

6.00
7.50

25.91

8.03

8.97

9.83

7.66

6.21

6.40

17.77
18.22

7.24
7.55

8.68
9.31

10.00
11.69

7.54
8.29

5.74
6.01

6.45
7.30

9.89
12.89
8.40
15.00

6.23
8.20
5.00
8.50

7.24
8.95
5.00
8.50

10.10
13.21
5.00
12.50

9.37
11.78
5.00
9.50

6.20
7.33
5.00
6.50

6.20
7.57
5.00
7.25

21.46
19.30

9.29
14.80

10.77
13.44

14.40
15.98

10.13
15.18

6.26
11.91

7.53
11.00

447.6
698.5
10,624
-3,365
88.8

6,635.9
7,061.5
570,327
-26,335
2,210.5

6,074.4
5,229.2
546,256
-19,039
2,213.9

5,643.0
5,119.1
3,085.3
213,827
38,661
2,167.6

5,912.8
3,263.9
200,468
22,783
2,459.9

7,299.0
4,089.1
340,917
21,217
3,104.9

6,894.5
3,625.7
253,251
-5,372
2,938.0

(r) CCPI is used for the computation of the Real Effective Exchange Rate (REER). The REER is
computed by adjusting the Nominal Effective Exchange Rate (NEER) for inflation
differentials with the countries whose currencies are included in the basket.
(s) Figures of 2015 include assets/ liabilities of DFCC Bank PLC, which merged with
DFCC Vardhana Bank, with effect from 1 October 2015.
(t) Repurchase rate and Reverse Repurchase rate were renamed as Standing Deposit
Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) respectively, with effect
from 2 January 2014.
(u) With effect from 1 January 2013, the MPI was replaced by a newly introduced
index, namely S&P SL 20 index. This index was introduced on 27 June 2012 and its
base period is December 2004 = 1,000.