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 (%) 3.004 2026 yearly 2004 - 2026
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2031 yearly 2001 - 2031
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 (%) 1.329 2031 yearly 1987 - 2031
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 (%) 5.557 2031 yearly 1980 - 2031
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 (%) 1.754 2031 yearly 1980 - 2031
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 (%) 3.000 2031 yearly 1980 - 2031
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 (%) 1.173 2031 yearly 1980 - 2031
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 (%) 2.375 2031 yearly 1980 - 2031
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 (%) 3.960 2031 yearly 2001 - 2031
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 (%) 1.512 2032 yearly 1981 - 2032
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 (%) -2.3 Dec 2025 quarterly Dec 2014 - Dec 2025
Tax Revenue (USD mn) 16,790.031 2025 yearly 1990 - 2025
Tax Revenue: % of GDP (%) 17.1 Dec 2025 quarterly Mar 2014 - Dec 2025
National Government Debt (USD mn) 96,944.7 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Debt: % of GDP (%) 91.6 Dec 2025 quarterly Mar 2014 - Dec 2025
Forecast: Government Expenditure (LKR bn) 5,712.979 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) 18,675,324.825 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Debt: Foreign (LKR mn) 11,319,363.049 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Expenditure & LR: Capital & Net Lending (LKR mn) 542,687.318 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,954,141.588 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Revenue & Grants​: Revenue (LKR mn) 1,622,407.185 Dec 2025 quarterly Mar 2014 - Dec 2025
Government Expenditure & LR: Recurrent (LKR mn) 1,411,454.271 Dec 2025 quarterly Mar 2014 - Dec 2025
Overall Fiscal Surplus/Deficit (LKR mn) -303,444.890 Dec 2025 quarterly Mar 2014 - Dec 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,382.6 Apr 2026 monthly Jan 1982 - Apr 2026
Total Exports (USD mn) 1,074.1 Apr 2026 monthly Jan 1982 - Apr 2026
Total Exports Growth (%) 10.9 Apr 2026 monthly Jan 1983 - Apr 2026
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) 2,456.7 Apr 2026 monthly Jan 1982 - Apr 2026
Total Imports Growth (%) 45.7 Apr 2026 monthly Jan 1983 - Apr 2026
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) 200.928 Feb 2026 monthly Jan 1978 - Feb 2026
Total Imports from USA (USD mn) 57.028 Feb 2026 monthly Jan 1978 - Feb 2026
Total Exports to China (USD mn) 27.676 Feb 2026 monthly Jan 2016 - Feb 2026
Total Imports from China (USD mn) 350.452 Feb 2026 monthly Jan 2016 - Feb 2026
Exports: Germany (USD mn) 707.272 2025 yearly 2003 - 2025
Exports: United Kingdom (USD mn) 930.224 2025 yearly 2003 - 2025
Exports: Italy (USD mn) 678.463 2025 yearly 2003 - 2025
Exports: India (USD mn) 1,041.485 2025 yearly 2003 - 2025
Exports: United States of America (USD mn) 3,000.471 2025 yearly 2003 - 2025
Imports: India (USD mn) 4,377.890 2025 yearly 2003 - 2025
Imports: United Arab Emirates (USD mn) 1,556.240 2025 yearly 2003 - 2025
Imports: Japan (USD mn) 1,124.624 2025 yearly 2003 - 2025
Imports: Singapore (USD mn) 1,062.296 2025 yearly 2003 - 2025
Imports: China (USD mn) 5,160.240 2025 yearly 2003 - 2025
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 60,594.105 Apr 2026 monthly Jan 1995 - Apr 2026
Imports: Intermediate Goods (LKR mn) 477,920.371 Apr 2026 monthly Jan 1995 - Apr 2026
Imports: Intermediate Goods: Fuel (LKR mn) 280,427.252 Apr 2026 monthly Jan 1995 - Apr 2026
Imports: Consumer Goods (LKR mn) 175,018.266 Apr 2026 monthly Jan 1995 - Apr 2026
Imports: Investment Goods (LKR mn) 123,986.929 Apr 2026 monthly Jan 1995 - Apr 2026
Terms of Trade Index: 2010=100 (2010=100) 73.788 Apr 2026 monthly Jan 2010 - Apr 2026
Export Volume Index (EVoI): 2010=100 (2010=100) 196.918 Apr 2026 monthly Jan 2010 - Apr 2026
Import Volume Index (IVoI): 2010=100 (2010=100) 213.708 Apr 2026 monthly Jan 2010 - Apr 2026
Import Value Index (2015=100) 88.800 2023 yearly 1980 - 2023
Export Value Index (2015=100) 112.900 2023 yearly 1980 - 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 36.0 Dec 2025 quarterly Mar 2012 - Dec 2025
Current Account Balance (USD mn) -133.9 Dec 2025 quarterly Mar 1977 - Dec 2025
Current Account Balance: % of GDP (%) -0.5 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Direct Investment (USD mn) 496.4 Dec 2025 quarterly Mar 1977 - Dec 2025
Foreign Direct Investment: % of GDP (%) 1.7 Dec 2025 quarterly Mar 2002 - Dec 2025
Foreign Portfolio Investment (USD mn) 8.029 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 0.0 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) -38.2 Dec 2025 quarterly Mar 2012 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 46.232 Dec 2025 quarterly Mar 2012 - Dec 2025
External Debt (USD mn) 54,806.8 Dec 2025 quarterly Dec 2012 - Dec 2025
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,551.2 Dec 2025 quarterly Dec 2012 - Dec 2025
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) 1.206 2024 yearly 1980 - 2024
Net International Investment Position (USD mn) -50,918.346 Dec 2025 quarterly Mar 2013 - Dec 2025
BoP: FA: Assets (USD mn) 715.917 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current Account: Credit (USD mn) 7,530.857 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Goods (USD mn) -2,724.192 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Primary Income (PI) (USD mn) -500.412 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Assets: Direct Investment (DI) (USD mn) 35.959 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Secondary Income (USD mn) 2,231.348 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,777.150 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Primary Income: Credit (USD mn) 122.973 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Secondary Income: Debit (USD mn) 33.126 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 8.029 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Services: Debit (USD mn) 917.787 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Goods: Debit (USD mn) 6,090.453 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Capital Account: Debit (USD mn) 1.372 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Primary Income: Debit (USD mn) 623.385 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Capital Account (CP) (USD mn) -1.371 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Services (USD mn) 859.363 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current & Capital Account (USD mn) -135.264 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Secondary Income: Credit (USD mn) 2,264.474 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) -99.796 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Capital Account: Credit (USD mn) 0.000 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 560.561 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current Account (CA) (USD mn) -133.893 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current & CA: Credit (USD mn) 7,530.858 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: CA: Goods & Services: Goods: Credit (USD mn) 3,366.261 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 535.602 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current & CA: Debit (USD mn) 7,666.122 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Liabilities (USD mn) 1,065.024 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Assets: Other Investment (OI) (USD mn) 244.151 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: Current Account: Debit (USD mn) 7,664.750 Dec 2025 quarterly Mar 2012 - Dec 2025
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 496.433 Dec 2025 quarterly Mar 2012 - Dec 2025
IIP: Assets (USD mn) 16,070.381 Dec 2025 quarterly Dec 2012 - Dec 2025
International Investment Position (IIP): Net (USD mn) -50,918.346 Dec 2025 quarterly Dec 2012 - Dec 2025
IIP: Liabilities (USD mn) 66,988.728 Dec 2025 quarterly Dec 2012 - Dec 2025
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
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
No of Registered Enterprises (Unit) 6,980.000 2025 yearly 1994 - 2025
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) 7,412.789 Apr 2026 monthly Jan 1994 - Apr 2026
Money Supply M2 (USD mn) 45,944.135 Apr 2026 monthly Jan 1994 - Apr 2026
M2 Growth (%) 11.8 Apr 2026 monthly Jan 1995 - Apr 2026
Reserve Requirement Ratio (%) 2.0 Nov 2025 monthly Mar 1997 - Nov 2025
Foreign Exchange Reserves (USD mn) 6,652.0 May 2026 monthly Dec 1956 - May 2026
Foreign Exchange Reserves: Months of Import (NA) 2.7 Apr 2026 monthly Jan 1982 - Apr 2026
Gold Reserves (USD mn) 215.820 May 2026 monthly Dec 1977 - May 2026
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) 60,873.9 Apr 2026 monthly Jan 1996 - Apr 2026
Domestic Credit Growth (%) 10.9 Apr 2026 monthly Jan 1997 - Apr 2026
Household Debt (USD mn) 6,750.1 Dec 2024 quarterly Jun 2010 - Dec 2024
Total Loans (USD mn) 35,221.475 Mar 2026 monthly Dec 1983 - Mar 2026
Total Loans Growth (%) 23.75 Mar 2026 monthly Dec 1984 - Mar 2026
Private Debt: % of Nominal GDP (%) 25.87 Dec 2024 quarterly Dec 2010 - Dec 2024
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 6,652.000 May 2026 monthly Nov 2013 - May 2026
Official Reserve Assets (ORA) (USD mn) 6,872.850 May 2026 monthly Nov 2013 - May 2026
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,977,781.000 Dec 2024 quarterly Jun 2010 - Dec 2024
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) 125.000 Dec 2025 quarterly Jun 2014 - Dec 2025
Purchasing Managers Index: Manufacturing (Index) 42.600 Apr 2026 monthly May 2015 - Apr 2026

More Indicators for Sri Lanka

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