Sri Lanka Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about Sri Lanka Forecast: Real GDP Growth

  • Sri Lanka Real GDP Growth is forecasted to be -3.050 % in Dec 2023 as reported by International Monetary Fund.
  • It records an increase from the last reported number of -8.659 % in Dec 2022.
  • Looking ahead, Sri Lanka Real GDP Growth is projected to stand at 3.102 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View Sri Lanka's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

Sri Lanka Forecast: Real GDP Growth

What is Sri Lanka's Forecast: Real GDP Growth in 2028?

Sri Lanka Real GDP Growth is forecasted to be -3.050 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.102 2028 3.090 2027 -8.659 2022 12.162 1996 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 1.750 2024 yearly 2003 - 2024
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2030 yearly 2001 - 2030
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.336 2030 yearly 1987 - 2030
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 6.462 2030 yearly 1980 - 2030
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.635 2030 yearly 1980 - 2030
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.970 2030 yearly 1980 - 2030
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.189 2030 yearly 1980 - 2030
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.397 2030 yearly 1980 - 2030
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.950 2030 yearly 2001 - 2030
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 1.539 2031 yearly 1981 - 2031
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Sri Lanka Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -6.0 Jun 2025 quarterly Dec 2014 - Jun 2025
Tax Revenue (USD mn) 12,278.866 2024 yearly 1990 - 2024
Tax Revenue: % of GDP (%) 15.8 Jun 2025 quarterly Mar 2014 - Jun 2025
National Government Debt (USD mn) 98,799.1 Jun 2025 quarterly Mar 2014 - Jun 2025
Government Debt: % of GDP (%) 95.7 Jun 2025 quarterly Mar 2014 - Jun 2025
Forecast: Government Expenditure (LKR bn) 5,776.459 2024 yearly 1990 - 2024
Forecast: Government Net Debt (LKR bn) 30,149.723 2024 yearly 1990 - 2024
Forecast: Government Revenue (LKR bn) 4,090.804 2024 yearly 1990 - 2024
Government Debt: Domestic (LKR mn) 17,595,054.038 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Debt: Foreign (LKR mn) 10,979,599.147 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Revenue & Grants​: Revenue (LKR mn) 1,057,676.372 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,434,468.885 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & LR: Recurrent (LKR mn) 1,216,137.714 Sep 2024 quarterly Mar 2014 - Sep 2024
Government Expenditure & LR: Capital & Net Lending (LKR mn) 218,331.171 Sep 2024 quarterly Mar 2014 - Sep 2024
Overall Fiscal Surplus/Deficit (LKR mn) -371,289.223 Sep 2024 quarterly Mar 2014 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,007.4 Oct 2025 monthly Jan 1982 - Oct 2025
Total Exports (USD mn) 1,149.4 Oct 2025 monthly Jan 1982 - Oct 2025
Total Exports Growth (%) -0.7 Oct 2025 monthly Jan 1983 - Oct 2025
Aluminum: Exports (USD th) 10,722.129 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 6,090.751 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 6,891.315 2024 yearly 1995 - 2024
Total Imports (USD mn) 2,156.8 Oct 2025 monthly Jan 1982 - Oct 2025
Total Imports Growth (%) 26.7 Oct 2025 monthly Jan 1983 - Oct 2025
Imports: Medicament (USD th) 358,932.953 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 180,310.512 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 227.720 Aug 2025 monthly Jan 1978 - Aug 2025
Total Imports from USA (USD mn) 33.719 Aug 2025 monthly Jan 1978 - Aug 2025
Total Exports to China (USD mn) 26.454 Aug 2025 monthly Jan 2016 - Aug 2025
Total Imports from China (USD mn) 323.156 Aug 2025 monthly Jan 2016 - Aug 2025
Imports: Investment Goods (LKR mn) 128,864.789 Oct 2025 monthly Jan 1995 - Oct 2025
Imports: Intermediate Goods (LKR mn) 352,056.655 Oct 2025 monthly Jan 1995 - Oct 2025
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 77,961.417 Oct 2025 monthly Jan 1995 - Oct 2025
Imports: Consumer Goods (LKR mn) 172,744.403 Oct 2025 monthly Jan 1995 - Oct 2025
Imports: Intermediate Goods: Fuel (LKR mn) 108,473.035 Oct 2025 monthly Jan 1995 - Oct 2025
Terms of Trade Index: 2010=100 (2010=100) 85.924 Oct 2025 monthly Jan 2010 - Oct 2025
Import Volume Index (IVoI): 2010=100 (2010=100) 193.708 Oct 2025 monthly Jan 2010 - Oct 2025
Export Volume Index (EVoI): 2010=100 (2010=100) 186.833 Oct 2025 monthly Jan 2010 - Oct 2025
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Imports: United Arab Emirates (USD mn) 666.000 2022 yearly 2003 - 2022
Imports: Japan (USD mn) 252.000 2022 yearly 2003 - 2022
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Imports: Singapore (USD mn) 871.000 2022 yearly 2003 - 2022
Import Value Index (2015=100) 108.993 2021 yearly 1980 - 2021
Export Value Index (2015=100) 118.509 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 23.5 Jun 2025 quarterly Mar 2012 - Jun 2025
Current Account Balance (USD mn) 500.6 Jun 2025 quarterly Mar 1977 - Jun 2025
Current Account Balance: % of GDP (%) 2.0 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Direct Investment (USD mn) 179.0 Jun 2025 quarterly Mar 1977 - Jun 2025
Foreign Direct Investment: % of GDP (%) 0.7 Jun 2025 quarterly Mar 2002 - Jun 2025
Foreign Portfolio Investment (USD mn) -329.407 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.3 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -3.6 Jun 2025 quarterly Mar 2012 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -325.856 Jun 2025 quarterly Mar 2012 - Jun 2025
External Debt (USD mn) 56,068.8 Jun 2025 quarterly Dec 2012 - Jun 2025
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,394.9 Jun 2025 quarterly Dec 2012 - Jun 2025
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) 1.746 2024 yearly 1980 - 2024
Net International Investment Position (USD mn) -52,220.276 Jun 2025 quarterly Mar 2013 - Jun 2025
BoP: Current Account: Credit (USD mn) 7,039.961 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Direct Investment (DI) (USD mn) 7.183 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account (CP) (USD mn) 13.490 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account: Credit (USD mn) 21.090 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets (USD mn) 489.501 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods: Credit (USD mn) 3,373.699 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Secondary Income (USD mn) 1,659.819 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current Account: Debit (USD mn) 6,736.586 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services (USD mn) 880.806 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Secondary Income: Debit (USD mn) 43.462 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities (USD mn) 145.573 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 146.023 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income: Credit (USD mn) 176.058 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current Account (CA) (USD mn) 303.375 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 283.718 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income (PI) (USD mn) -577.059 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods: Debit (USD mn) 5,033.889 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Primary Income: Debit (USD mn) 753.118 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & CA: Debit (USD mn) 6,744.186 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 45.402 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Other Investment (OI) (USD mn) 0.857 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services: Debit (USD mn) 906.117 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Secondary Income: Credit (USD mn) 1,703.281 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & CA: Credit (USD mn) 7,061.052 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Capital Account: Debit (USD mn) 7.600 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,786.923 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Liabilities: Other Investment (OI) (USD mn) -45.852 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: CA: Goods & Services: Goods (USD mn) -1,660.190 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 197.743 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: Current & Capital Account (USD mn) 316.866 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
International Investment Position (IIP): Net (USD mn) -51,921.770 Sep 2024 quarterly Dec 2012 - Sep 2024
IIP: Assets (USD mn) 14,481.753 Sep 2024 quarterly Dec 2012 - Sep 2024
IIP: Liabilities (USD mn) 66,403.522 Sep 2024 quarterly Dec 2012 - Sep 2024
No of Registered Enterprises (Unit) 6,298.000 2022 yearly 1994 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 6.6 Dec 2024 quarterly Dec 2010 - Dec 2024
Money Supply M1 (USD mn) 7,006.281 Sep 2025 monthly Jan 1994 - Sep 2025
Money Supply M2 (USD mn) 45,095.537 Sep 2025 monthly Jan 1994 - Sep 2025
M2 Growth (%) 10.8 Sep 2025 monthly Jan 1995 - Sep 2025
Reserve Requirement Ratio (%) 2.0 Nov 2025 monthly Mar 1997 - Nov 2025
Foreign Exchange Reserves (USD mn) 5,942.4 Nov 2025 monthly Dec 1956 - Nov 2025
Foreign Exchange Reserves: Months of Import (NA) 2.8 Oct 2025 monthly Jan 1982 - Oct 2025
Gold Reserves (USD mn) 84.550 Nov 2025 monthly Dec 1977 - Nov 2025
Total Deposits (USD mn) 57,394.133 Dec 2024 monthly Dec 2002 - Dec 2024
Total Deposits Growth (%) 10.6 Dec 2024 monthly Dec 2003 - Dec 2024
Domestic Credit (USD mn) 60,860.6 Sep 2025 monthly Jan 1996 - Sep 2025
Domestic Credit Growth (%) 11.8 Sep 2025 monthly Jan 1997 - Sep 2025
Household Debt (USD mn) 6,750.1 Dec 2024 quarterly Jun 2010 - Dec 2024
Total Loans (USD mn) 33,121.653 Sep 2025 monthly Dec 1983 - Sep 2025
Total Loans Growth (%) 16.69 Sep 2025 monthly Dec 1984 - Sep 2025
Private Debt: % of Nominal GDP (%) 26.04 Dec 2024 quarterly Dec 2010 - Dec 2024
Official Reserve Assets (ORA) (USD mn) 6,033.000 Nov 2025 monthly Nov 2013 - Nov 2025
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 5,942.400 Nov 2025 monthly Nov 2013 - Nov 2025
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 5.8 Oct 2025 monthly May 2016 - Oct 2025
Business Sentiment Index: Business Condition: Current Quarter (Index) 130.000 Sep 2025 quarterly Jun 2014 - Sep 2025
Purchasing Managers Index: Manufacturing (Index) 57.200 Dec 2024 monthly May 2015 - Dec 2024

More Indicators for Sri Lanka

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