Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products
Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products data was reported at 4.430 % in 2015. This records a decrease from the previous number of 7.090 % for 2014. Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products data is updated yearly, averaging 7.210 % from Dec 1990 to 2015, with 19 observations. The data reached an all-time high of 31.220 % in 1993 and a record low of 4.430 % in 2015. Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.WDI: Trade Tariffs. Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;
View Sri Lanka's Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products from 1990 to 2015 in the chart:
What was Sri Lanka's Sri Lanka LK: Tariff Rate: Applied: Weighted Mean: All Products in 2015?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.43 2015 | 7.09 2014 | 4.43 2015 | 31.22 1993 | % | yearly | 1990 - 2015 |
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| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Forecast: GDP PPP Per Capita (PPP Intl $) | 19,278.623 2027 | yearly | 1980 - 2027 |
| Forecast: Nominal GDP Per Capita (USD) | 4,722.087 2027 | yearly | 1980 - 2027 |
| Forecast: Real GDP Growth (%) | 2.865 2027 | yearly | 1980 - 2027 |
| GDP Deflator Growth (%) | 11.2 Dec 2021 | quarterly | Mar 2011 - Dec 2021 |
| GDP per Capita (USD) | 3,815.000 2021 | yearly | 1959 - 2021 |
| Gross Fixed Capital Formation (USD mn) | 6,089.467 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Gross National Product (GNP) (USD mn) | 22,229.017 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Gross Savings Rate (%) | 25.5 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Investment: % of GDP (%) | 29.8 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Nominal GDP (USD mn) | 23,186.9 Dec 2021 | quarterly | Mar 2002 - Dec 2021 |
| Nominal GDP Growth (%) | 13.459 Dec 2021 | quarterly | Mar 2003 - Dec 2021 |
| Private Consumption Expenditure (USD mn) | 15,127.532 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Private Consumption: % of GDP (%) | 65.2 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Public Consumption Expenditure (USD mn) | 2,150.769 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Public Consumption: % of GDP (%) | 9.3 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Real GDP Growth (%) | -1.6 Mar 2022 | quarterly | Mar 2011 - Mar 2022 |
| Total Trade of Goods & Services: % of Nominal GDP (%) | 45.195 Dec 2021 | quarterly | Mar 2010 - Dec 2021 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Industrial Production Index Growth (%) | -2.3 May 2022 | monthly | Jan 2016 - May 2022 |
| Minerals Production (Metric Ton) | 172,385.000 2020 | yearly | 2009 - 2020 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -11.6 Dec 2021 | quarterly | Dec 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: % of GDP (%) | 99.5 Dec 2021 | quarterly | Mar 2014 - Dec 2021 |
| Tax Revenue (USD mn) | 6,562.001 2021 | yearly | 1990 - 2021 |
| National Government Debt (USD mn) | 86,754.0 Dec 2021 | quarterly | Mar 2014 - Dec 2021 |
| Consolidated Fiscal Balance (%) | -11.636 Dec 2021 | quarterly | Dec 2014 - Dec 2021 |
| Tax Revenue: % of GDP (%) | 7.4 Dec 2021 | quarterly | Mar 2014 - Dec 2021 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Employed Persons (Person) | 8,146,367.000 Dec 2021 | quarterly | Jun 2012 - Dec 2021 |
| Forecast: Population (Person mn) | 22.748 2027 | yearly | 1980 - 2027 |
| Forecast: Unemployment Rate (%) | 4.400 2027 | yearly | 1990 - 2027 |
| Labour Force Participation Rate (%) | 51.2 Mar 2022 | quarterly | Jun 2012 - Mar 2022 |
| Labour Productivity Growth (%) | 0.57 Dec 2021 | quarterly | Jun 2013 - Dec 2021 |
| Population (Person mn) | 22.2 2021 | yearly | 1948 - 2021 |
| Unemployment Rate (%) | 4.30 Mar 2022 | quarterly | Jun 2012 - Mar 2022 |
| Domestic Trade and Household Survey | Last | Frequency | Range |
|---|---|---|---|
| Household Expenditure per Capita (USD) | 1,182.126 2019 | yearly | 1981 - 2019 |
| Household Income per Capita (USD) | 1,422.182 2019 | yearly | 1981 - 2019 |
| Motor Vehicle Sales: Commercial Cars (Unit) | 1,445.000 Dec 2019 | semiannually | Dec 2005 - Dec 2019 |
| Motor Vehicle Sales: Passenger Cars (Unit) | 8,100.000 Dec 2019 | semiannually | Dec 2005 - Dec 2019 |
| Motor Vehicles Sales (Unit) | 9,545 2019 | yearly | 2005 - 2019 |
| Motor Vehicles Sales Growth (%) | -27.0 2019 | yearly | 2006 - 2019 |
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