Sri Lanka Forecast: Real GDP Growth

1980 - 2027 | Yearly | % | International Monetary Fund

Key information about Sri Lanka Forecast: Real GDP Growth

  • Sri Lanka Real GDP Growth is forecasted to be 2.573 % in Dec 2022 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 3.577 % in Dec 2021.
  • Looking ahead, Sri Lanka Real GDP Growth is projected to stand at 2.865 % in Dec 2027.
  • 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 2027 in the chart:

Sri Lanka Forecast: Real GDP Growth

What is Sri Lanka's Forecast: Real GDP Growth in 2027?

Sri Lanka Real GDP Growth is forecasted to be 2.573 % in Dec 2022 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.865 2027 2.788 2026 -3.569 2020 12.162 1996 % yearly 1980 - 2027

Forecast: Real GDP Growth by Country Comparison

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country/region Last Frequency Range
Afghanistan (%) -2.351 2020 yearly 2003 - 2020
Albania (%) 3.400 2027 yearly 1980 - 2027
Algeria (%) 1.812 2027 yearly 1980 - 2027
Andorra (%) 1.500 2027 yearly 2001 - 2027
Angola (%) 3.940 2027 yearly 1980 - 2027
Antigua and Barbuda (%) 2.703 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2027 yearly 1993 - 2027
Aruba (%) 1.400 2027 yearly 1987 - 2027
Australia (%) 2.585 2027 yearly 1980 - 2027
Austria (%) 1.780 2027 yearly 1980 - 2027
Azerbaijan (%) 2.493 2027 yearly 1993 - 2027
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 3.050 2027 yearly 1980 - 2027
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.574 2027 yearly 1993 - 2027
Belgium (%) 1.198 2027 yearly 1980 - 2027
Belize (%) 2.000 2027 yearly 1980 - 2027
Benin (%) 6.028 2027 yearly 1980 - 2027
Bhutan (%) 5.762 2027 yearly 1980 - 2027
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2027 yearly 1997 - 2027
Botswana (%) 3.986 2027 yearly 1980 - 2027
Brazil (%) 2.040 2027 yearly 1980 - 2027
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2027 yearly 1980 - 2027
Burkina Faso (%) 5.305 2027 yearly 1980 - 2027
Burundi (%) 4.519 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 5.164 2027 yearly 1980 - 2027
Canada (%) 1.631 2027 yearly 1980 - 2027
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 4.664 2027 yearly 1980 - 2027
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 4.784 2027 yearly 1980 - 2027
Colombia (%) 3.445 2027 yearly 1980 - 2027
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.370 2027 yearly 1980 - 2027
Costa Rica (%) 3.160 2027 yearly 1980 - 2027
Croatia (%) 3.000 2027 yearly 1993 - 2027
Cyprus (%) 2.930 2027 yearly 1980 - 2027
Czech Republic (%) 2.505 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.632 2027 yearly 1980 - 2027
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 6.000 2027 yearly 1992 - 2027
Dominica (%) 2.489 2027 yearly 1980 - 2027
Dominican Republic (%) 5.000 2027 yearly 1980 - 2027
Ecuador (%) 2.797 2027 yearly 1980 - 2027
Egypt (%) 5.904 2027 yearly 1980 - 2027
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 3.752 2027 yearly 1993 - 2027
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.990 2027 yearly 1980 - 2027
Fiji (%) 3.413 2027 yearly 1980 - 2027
Finland (%) 1.265 2027 yearly 1980 - 2027
France (%) 1.412 2027 yearly 1980 - 2027
Gabon (%) 3.823 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.200 2027 yearly 1995 - 2027
Germany (%) 1.134 2027 yearly 1980 - 2027
Ghana (%) 7.485 2027 yearly 1980 - 2027
Greece (%) 1.201 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.503 2027 yearly 1980 - 2027
Guinea (%) 5.107 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.748 2027 yearly 1980 - 2027
Haiti (%) 1.700 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 2.700 2027 yearly 1980 - 2027
Iceland (%) 2.299 2027 yearly 1980 - 2027
India (%) 6.168 2028 yearly 1981 - 2028
Indonesia (%) 5.177 2027 yearly 1980 - 2027
Iran (%) 2.025 2028 yearly 1981 - 2028
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.030 2027 yearly 1980 - 2027
Israel (%) 3.515 2027 yearly 1980 - 2027
Italy (%) 0.500 2027 yearly 1980 - 2027
Ivory Coast (%) 6.000 2027 yearly 1980 - 2027
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.398 2027 yearly 1980 - 2027
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 3.084 2027 yearly 1993 - 2027
Kenya (%) 5.424 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.284 2027 yearly 1980 - 2027
Kosovo (%) 3.500 2027 yearly 2001 - 2027
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 4.041 2027 yearly 1993 - 2027
Laos (%) 4.300 2027 yearly 1980 - 2027
Latvia (%) 3.260 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 0.122 2028 yearly 1981 - 2028
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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Sri Lanka Key Series

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Includes 220 key indicators for Sri Lanka, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -12.2 Dec 2021 quarterly Dec 2014 - Dec 2021
Tax Revenue (USD mn) 6,561.904 2021 yearly 1990 - 2021
Tax Revenue: % of GDP (%) 7.6 Dec 2021 quarterly Mar 2014 - Dec 2021
National Government Debt (USD mn) 86,754.0 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Debt: % of GDP (%) 104.6 Dec 2021 quarterly Mar 2014 - Dec 2021
Forecast: Government Expenditure (LKR bn) 7,185.828 2027 yearly 1990 - 2027
Forecast: Government Net Debt (LKR bn) 39,280.396 2027 yearly 1990 - 2027
Forecast: Government Revenue (LKR bn) 3,741.173 2027 yearly 1990 - 2027
Government Debt: Domestic (LKR mn) 11,097,223.307 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Debt: Foreign (LKR mn) 6,492,150.071 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Expenditure & LR: Capital & Net Lending (LKR mn) 481,120.898 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Expenditure & LR: Recurrent (LKR mn) 660,202.714 Dec 2021 quarterly Mar 2014 - Dec 2021
Overall Fiscal Surplus/Deficit (LKR mn) -729,688.451 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Revenue & Grants​: Revenue (LKR mn) 406,313.221 Dec 2021 quarterly Mar 2014 - Dec 2021
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,141,323.612 Dec 2021 quarterly Mar 2014 - Dec 2021
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.238 2027 yearly 1980 - 2027
Trade Balance (USD mn) -762.0 Mar 2022 monthly Jan 1982 - Mar 2022
Total Exports (USD mn) 1,057.0 Mar 2022 monthly Jan 1982 - Mar 2022
Total Exports Growth (%) -3.4 Mar 2022 monthly Jan 1983 - Mar 2022
Aluminum: Exports (USD th) 5,973.126 2020 yearly 1995 - 2020
Exports: Medicament (USD th) 6,311.358 2020 yearly 1995 - 2020
Exports: Medicinal and Pharmaceutical Product (USD th) 3,346.415 2020 yearly 1995 - 2020
Total Imports (USD mn) 1,819.0 Mar 2022 monthly Jan 1982 - Mar 2022
Total Imports Growth (%) -5.6 Mar 2022 monthly Jan 1983 - Mar 2022
Imports: Medicament (USD th) 433,163.684 2020 yearly 1995 - 2020
Imports: Medicinal and Pharmaceutical Product (USD th) 117,112.792 2020 yearly 1995 - 2020
Total Exports to USA (USD mn) 313.319 Jan 2022 monthly Jan 1978 - Jan 2022
Total Imports from USA (USD mn) 46.904 Jan 2022 monthly Jan 1978 - Jan 2022
Total Exports to China (USD mn) 28.395 Jan 2022 monthly Jan 2016 - Jan 2022
Total Imports from China (USD mn) 337.831 Jan 2022 monthly Jan 2016 - Jan 2022
Exports: Germany (USD mn) 570.000 2020 yearly 2003 - 2020
Exports: Italy (USD mn) 455.000 2020 yearly 2003 - 2020
Exports: United States of America (USD mn) 2,500.000 2020 yearly 2003 - 2020
Exports: India (USD mn) 606.000 2020 yearly 2003 - 2020
Exports: United Kingdom (USD mn) 908.000 2020 yearly 2003 - 2020
Imports: Intermediate Goods: Fuel (LKR mn) 86,691.717 Jan 2022 monthly Jan 1995 - Jan 2022
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 63,772.978 Jan 2022 monthly Jan 1995 - Jan 2022
Imports: Intermediate Goods (LKR mn) 244,273.072 Jan 2022 monthly Jan 1995 - Jan 2022
Imports: Investment Goods (LKR mn) 77,913.146 Jan 2022 monthly Jan 1995 - Jan 2022
Imports: Consumer Goods (LKR mn) 72,536.185 Jan 2022 monthly Jan 1995 - Jan 2022
Imports: Singapore (USD mn) 692.000 2020 yearly 2003 - 2020
Imports: India (USD mn) 3,079.000 2020 yearly 2003 - 2020
Imports: United Arab Emirates (USD mn) 1,035.000 2020 yearly 2003 - 2020
Imports: China (USD mn) 3,579.000 2020 yearly 2003 - 2020
Imports: Japan (USD mn) 528.000 2020 yearly 2003 - 2020
Export Volume Index (EVoI): 2010=100 (2010=100) 167.734 Jan 2022 monthly Jan 2010 - Jan 2022
Import Volume Index (IVoI): 2010=100 (2010=100) 169.649 Jan 2022 monthly Jan 2010 - Jan 2022
Terms of Trade Index: 2010=100 (2010=100) 88.369 Jan 2022 monthly Jan 2010 - Jan 2022
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 4.4 Dec 2021 quarterly Mar 2012 - Dec 2021
Current Account Balance (USD mn) -1,139.5 Dec 2021 quarterly Mar 1977 - Dec 2021
Current Account Balance: % of GDP (%) -5.0 Dec 2021 quarterly Mar 2002 - Dec 2021
Foreign Direct Investment (USD mn) 178.7 Dec 2021 quarterly Mar 1977 - Dec 2021
Foreign Direct Investment: % of GDP (%) 0.8 Dec 2021 quarterly Mar 2002 - Dec 2021
Foreign Portfolio Investment (USD mn) -21.447 Dec 2021 quarterly Mar 2012 - Dec 2021
Foreign Portfolio Investment: % of GDP (%) -0.1 Dec 2021 quarterly Mar 2012 - Dec 2021
Foreign Portfolio Investment: Equity Securities (USD mn) -21.6 Dec 2021 quarterly Mar 2012 - Dec 2021
Foreign Portfolio Investment: Debt Securities (USD mn) 0.107 Dec 2021 quarterly Mar 2012 - Dec 2021
External Debt (USD mn) 50,724.2 Dec 2021 quarterly Dec 2012 - Dec 2021
External Debt: % of GDP (%) 60.9 2020 yearly 1994 - 2020
External Debt: Short Term (USD mn) 8,416.3 Dec 2021 quarterly Dec 2012 - Dec 2021
External Debt: Short Term: % of GDP (%) 10.2 2020 yearly 1994 - 2020
Forecast: Current Account Balance (USD bn) -3.333 2027 yearly 1980 - 2027
Net International Investment Position (USD mn) -55,740.330 Dec 2021 quarterly Mar 2013 - Dec 2021
BoP: Secondary Income (USD mn) 849.904 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Goods (USD mn) -2,139.793 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current Account: Debit (USD mn) 6,582.723 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current Account (CA) (USD mn) -1,139.474 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Services (USD mn) 655.966 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Primary Income: Debit (USD mn) 529.138 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Assets: Direct Investment (DI) (USD mn) 4.360 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Capital Account (CP) (USD mn) 9.405 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) -21.447 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Capital Account: Debit (USD mn) 5.700 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 987.770 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Primary Income (PI) (USD mn) -505.551 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Liabilities (USD mn) 1,145.070 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Services: Credit (USD mn) 943.165 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Goods: Credit (USD mn) 3,560.093 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Capital Account: Credit (USD mn) 15.105 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current Account: Credit (USD mn) 5,443.248 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Services: Debit (USD mn) 287.199 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Secondary Income: Debit (USD mn) 66.500 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Goods & Services: Goods: Debit (USD mn) 5,699.886 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 178.747 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current & CA: Credit (USD mn) 5,458.353 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Assets (USD mn) 23.037 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: CA: Primary Income: Credit (USD mn) 23.587 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 0.000 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Secondary Income: Credit (USD mn) 916.404 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current & CA: Debit (USD mn) 6,588.423 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: Current & Capital Account (USD mn) -1,130.069 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Assets: Other Investment (OI) (USD mn) -392.741 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 411.418 Dec 2021 quarterly Mar 2012 - Dec 2021
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: 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
IIP: Liabilities (USD mn) 64,498.127 Dec 2021 quarterly Sep 2013 - Dec 2021
International Investment Position (IIP): Net (USD mn) -55,740.330 Dec 2021 quarterly Sep 2013 - Dec 2021
IIP: Assets (USD mn) 8,757.797 Dec 2021 quarterly Sep 2013 - Dec 2021
No of Registered Enterprises (Unit) 5,760.000 2020 yearly 1994 - 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 10.4 Jun 2021 quarterly Dec 2010 - Jun 2021
Money Supply M1 (USD mn) 5,481.379 Mar 2022 monthly Jan 1994 - Mar 2022
Money Supply M2 (USD mn) 34,735.517 Mar 2022 monthly Jan 1994 - Mar 2022
M2 Growth (%) 13.7 Mar 2022 monthly Jan 1995 - Mar 2022
Reserve Requirement Ratio (%) 4.0 Apr 2022 monthly Mar 1997 - Apr 2022
Foreign Exchange Reserves (USD mn) 1,617.9 Apr 2022 monthly Dec 1956 - Apr 2022
Foreign Exchange Reserves: Months of Import (NA) 0.9 Mar 2022 monthly Jan 1982 - Mar 2022
Gold Reserves (USD mn) 28.730 Apr 2022 monthly Dec 1977 - Apr 2022
Total Deposits (USD mn) 57,791.511 Jun 2021 monthly Dec 2002 - Jun 2021
Total Deposits Growth (%) 20.0 Jun 2021 monthly Dec 2003 - Jun 2021
Domestic Credit (USD mn) 53,861.0 Mar 2022 monthly Jan 1996 - Mar 2022
Domestic Credit Growth (%) 25.0 Mar 2022 monthly Jan 1997 - Mar 2022
Household Debt (USD mn) 8,434.6 Jun 2021 quarterly Jun 2010 - Jun 2021
Total Loans (USD mn) 40,288.514 Feb 2022 monthly Dec 1983 - Feb 2022
Total Loans Growth (%) 15.71 Feb 2022 monthly Dec 1984 - Feb 2022
Private Debt: % of Nominal GDP (%) 40.18 Jun 2021 quarterly Dec 2010 - Jun 2021
Official Reserve Assets (ORA) (USD mn) 1,827.000 Apr 2022 monthly Nov 2013 - Apr 2022
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 1,617.863 Apr 2022 monthly Nov 2013 - Apr 2022
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,677,224.000 Jun 2021 quarterly Jun 2010 - Jun 2021
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -18.4 Mar 2022 monthly May 2016 - Mar 2022
Business Sentiment Index: Business Condition: Current Quarter (Index) 100.000 Dec 2021 quarterly Jun 2014 - Dec 2021
Purchasing Managers Index: Manufacturing (Index) 57.800 Mar 2022 monthly May 2015 - Mar 2022

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