Sri Lanka Labour Productivity Growth

2013 - 2023 | Quarterly | % | CEIC Data

Key information about Sri Lanka Labour Productivity Growth

  • Sri Lanka Labour Productivity improved by 7.10 % YoY in Dec 2023, compared with a growth of 1.64 % in the previous quarter
  • Sri Lanka Labour Productivity Growth data is updated quarterly, available from Jun 2013 to Dec 2023, averaging at 1.39 %
  • The data reached an all-time high of 17.83 % in Dec 2014 and a record low of -14.79 % in Jun 2020

CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. The Department of Census and Statistics provides Real GDP in local currency, at 2015 prices and Employment. The Labour Force Survey excludes Part-Time Employment and Foreign Nationals working within the country. Labour Productivity Growth prior to Q1 2015 is calculated from Real GDP, at 2010 prices

View Sri Lanka's Labour Productivity Growth from Jun 2013 to Dec 2023 in the chart:

Sri Lanka Labour Productivity Growth

What was Sri Lanka's Labour Productivity Growth in Dec 2023?

Sri Lanka Labour Productivity improved by 7.10 % YoY in Dec 2023, compared with a growth of 1.64 % in the previous quarter See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.10 Dec 2023 1.64 Sep 2023 -14.79 Jun 2020 17.83 Dec 2014 % quarterly Jun 2013 - Dec 2023

Labour Productivity Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 0.65 Jun 2023 quarterly Mar 2010 - Jun 2023
Algeria (%) -4.67 2022 yearly 1992 - 2022
Argentina (%) -4.51 2023 yearly 1992 - 2023
Armenia (%) 5.60 Sep 2023 quarterly Mar 2009 - Sep 2023
Australia (%) -1.63 Dec 2023 quarterly Jun 1979 - Dec 2023
Austria (%) -2.26 Jun 2023 quarterly Mar 2005 - Jun 2023
Azerbaijan (%) -0.20 Dec 2023 quarterly Mar 2009 - Dec 2023
Bahrain (%) -3.66 Jun 2023 quarterly Mar 2009 - Jun 2023
Bangladesh (%) 5.11 2022 yearly 1992 - 2022
Belarus (%) 5.19 Dec 2023 quarterly Mar 2006 - Dec 2023
Belgium (%) 0.10 Dec 2023 quarterly Mar 2000 - Dec 2023
Bolivia (%) -0.64 2022 yearly 2000 - 2022
Bosnia and Herzegovina (%) -1.22 2023 yearly 2007 - 2023
Botswana (%) 7.30 Dec 2022 quarterly Sep 2008 - Dec 2022
Brazil (%) 1.52 2023 yearly 1992 - 2023
Brunei (%) -0.76 2022 yearly 1992 - 2022
Bulgaria (%) 0.68 Dec 2023 quarterly Mar 2001 - Dec 2023
Cambodia (%) 1.17 2021 yearly 2008 - 2021
Canada (%) -1.21 Dec 2023 quarterly Mar 1977 - Dec 2023
Chile (%) -2.14 Dec 2023 quarterly Mar 1987 - Dec 2023
China (%) 4.22 2023 yearly 1953 - 2023
Colombia (%) -2.02 Dec 2023 quarterly Mar 2002 - Dec 2023
Croatia (%) 10.94 Dec 2023 quarterly Mar 2008 - Dec 2023
Cyprus (%) 0.57 Dec 2023 quarterly Jun 2005 - Dec 2023
Czech Republic (%) 2.26 Dec 2023 quarterly Mar 1997 - Dec 2023
Denmark (%) 2.54 Dec 2023 quarterly Mar 1991 - Dec 2023
Ecuador (%) 0.87 2022 yearly 1992 - 2022
Egypt (%) -0.48 Dec 2023 quarterly Mar 2004 - Dec 2023
Estonia (%) -4.78 Dec 2023 quarterly Mar 1996 - Dec 2023
European Union (%) -1.05 Sep 2023 quarterly Mar 2006 - Sep 2023
Finland (%) -1.24 Dec 2023 quarterly Mar 1991 - Dec 2023
France (%) -1.25 2022 yearly 1979 - 2022
Georgia (%) 5.23 2022 yearly 1997 - 2022
Germany (%) -0.88 Dec 2023 quarterly Mar 1992 - Dec 2023
Ghana (%) -0.40 2022 yearly 1992 - 2022
Greece (%) 0.13 Dec 2023 quarterly Mar 1996 - Dec 2023
Hong Kong SAR, China (%) 4.63 Dec 2023 quarterly Dec 1982 - Dec 2023
Hungary (%) -0.80 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (%) -2.99 Dec 2023 quarterly Mar 2004 - Dec 2023
India (%) 2.38 2022 yearly 1992 - 2022
Indonesia (%) 1.63 2023 yearly 2001 - 2023
Iran (%) -2.03 2022 yearly 1992 - 2022
Ireland (%) -11.70 Dec 2023 quarterly Mar 1999 - Dec 2023
Israel (%) -6.61 Dec 2023 quarterly Mar 2013 - Dec 2023
Italy (%) -1.13 Dec 2023 quarterly Mar 1997 - Dec 2023
Ivory Coast (%) 3.02 2022 yearly 1992 - 2022
Japan (%) 0.65 Dec 2023 quarterly Mar 1995 - Dec 2023
Jordan (%) 1.17 2021 yearly 2001 - 2021
Kazakhstan (%) 2.00 Sep 2023 quarterly Mar 2002 - Sep 2023
Kenya (%) -2.44 2021 yearly 2011 - 2021
South Korea (%) 1.11 Dec 2023 quarterly Sep 1983 - Dec 2023
Kosovo (%) -0.46 Mar 2023 quarterly Mar 2017 - Mar 2023
Kuwait (%) 1.29 2018 yearly 1993 - 2018
Kyrgyzstan (%) 7.14 2022 yearly 1993 - 2022
Laos (%) -0.89 2022 yearly 1992 - 2022
Latvia (%) -1.41 Jun 2023 quarterly Mar 2003 - Jun 2023
Lebanon (%) -9.16 2021 yearly 1992 - 2021
Lithuania (%) -2.31 Dec 2023 quarterly Mar 1996 - Dec 2023
Luxembourg (%) -2.38 Dec 2023 quarterly Mar 1996 - Dec 2023
Macau SAR, China (%) 80.89 Dec 2023 quarterly Mar 2002 - Dec 2023
North Macedonia (%) 1.24 Dec 2023 quarterly Mar 2005 - Dec 2023
Malawi (%) -4.08 2022 yearly 1992 - 2022
Malaysia (%) 0.46 Dec 2023 quarterly Mar 2001 - Dec 2023
Malta (%) 0.89 Dec 2023 quarterly Dec 2001 - Dec 2023
Mauritius (%) 7.38 Dec 2023 quarterly Mar 2005 - Dec 2023
Mexico (%) 0.64 Dec 2023 quarterly Jun 1996 - Dec 2023
Moldova (%) -1.25 Dec 2023 quarterly Mar 2001 - Dec 2023
Mongolia (%) 3.77 Dec 2023 quarterly Sep 2007 - Dec 2023
Montenegro (%) -4.61 Dec 2023 quarterly Mar 2011 - Dec 2023
Morocco (%) 5.72 2021 yearly 2000 - 2021
Mozambique (%) -0.29 2022 yearly 1992 - 2022
Myanmar (%) 63.00 2021 yearly 1992 - 2021
Nepal (%) 0.58 2022 yearly 1992 - 2022
Netherlands (%) -1.32 Dec 2023 quarterly Mar 1996 - Dec 2023
New Zealand (%) -2.86 Dec 2023 quarterly Jun 1988 - Dec 2023
Nigeria (%) 1.14 Sep 2018 quarterly Mar 2013 - Sep 2018
Norway (%) -0.17 Dec 2023 quarterly Mar 1996 - Dec 2023
Oman (%) -5.73 2022 yearly 1999 - 2022
Pakistan (%) -1.23 2019 yearly 2001 - 2019
Palestinian Territory (%) 1.78 Sep 2023 quarterly Dec 2009 - Sep 2023
Panama (%) 5.30 2022 yearly 1992 - 2022
Paraguay (%) 0.66 Dec 2023 quarterly Mar 2018 - Dec 2023
Peru (%) -1.00 2022 yearly 2002 - 2022
Philippines (%) -0.82 2022 yearly 1992 - 2022
Poland (%) 1.43 Dec 2023 quarterly Dec 1999 - Dec 2023
Portugal (%) 1.07 Dec 2023 quarterly Mar 1996 - Dec 2023
Qatar (%) -0.98 2019 yearly 2012 - 2019
Romania (%) 0.75 Dec 2023 quarterly Mar 1996 - Dec 2023
Russia (%) 3.11 Dec 2023 quarterly Mar 1996 - Dec 2023
Saudi Arabia (%) -3.93 2022 yearly 1971 - 2022
Serbia (%) 4.48 Dec 2023 quarterly Mar 2015 - Dec 2023
Singapore (%) -0.80 Dec 2023 quarterly Mar 1986 - Dec 2023
Slovakia (%) 0.67 Dec 2023 quarterly Mar 1996 - Dec 2023
Slovenia (%) 1.51 Dec 2023 quarterly Mar 1996 - Dec 2023
South Africa (%) -3.56 Dec 2023 quarterly Mar 2009 - Dec 2023
Spain (%) -1.58 Dec 2023 quarterly Mar 1996 - Dec 2023
Sri Lanka (%) 7.10 Dec 2023 quarterly Jun 2013 - Dec 2023
Sudan (%) 3.26 2010 yearly 1996 - 2010
Sweden (%) -1.16 Dec 2023 quarterly Mar 1994 - Dec 2023
Switzerland (%) -2.27 Dec 2023 quarterly Mar 2011 - Dec 2023

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Sri Lanka Key Series

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Includes 172 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 (%) -10.5 Sep 2023 quarterly Dec 2014 - Sep 2023
Tax Revenue (USD mn) 5,458.017 2022 yearly 1990 - 2022
Tax Revenue: % of GDP (%) 10.6 Sep 2023 quarterly Mar 2014 - Sep 2023
National Government Debt (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: % of GDP (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (LKR bn) 4,472.550 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.420 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.590 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 16,617,629.160 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: Foreign (LKR mn) 11,402,380.792 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Revenue & Grants​: Revenue (LKR mn) 795,600.830 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,172,712.077 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & LR: Recurrent (LKR mn) 1,002,143.567 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Expenditure & LR: Capital & Net Lending (LKR mn) 170,568.510 Sep 2023 quarterly Mar 2014 - Sep 2023
Overall Fiscal Surplus/Deficit (LKR mn) -371,009.687 Sep 2023 quarterly Mar 2014 - Sep 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -319.1 Feb 2024 monthly Jan 1982 - Feb 2024
Total Exports (USD mn) 1,059.3 Feb 2024 monthly Jan 1982 - Feb 2024
Total Exports Growth (%) 7.9 Feb 2024 monthly Jan 1983 - Feb 2024
Aluminum: Exports (USD th) 8,005.174 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 8,546.747 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,537.951 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,378.4 Feb 2024 monthly Jan 1982 - Feb 2024
Total Imports Growth (%) 35.0 Feb 2024 monthly Jan 1983 - Feb 2024
Imports: Medicament (USD th) 381,649.432 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 128,854.946 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 211.902 Dec 2023 monthly Jan 1978 - Dec 2023
Total Imports from USA (USD mn) 33.763 Dec 2023 monthly Jan 1978 - Dec 2023
Total Exports to China (USD mn) 17.680 Dec 2023 monthly Jan 2016 - Dec 2023
Total Imports from China (USD mn) 306.538 Dec 2023 monthly Jan 2016 - Dec 2023
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Imports: Investment Goods (LKR mn) 89,464.831 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Consumer Goods (LKR mn) 78,022.382 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Intermediate Goods: Fuel (LKR mn) 90,795.175 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 76,919.404 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: Intermediate Goods (LKR mn) 262,645.135 Feb 2024 monthly Jan 1995 - Feb 2024
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 200.505 Jan 2024 monthly Jan 2010 - Jan 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 169.493 Jan 2024 monthly Jan 2010 - Jan 2024
Terms of Trade Index: 2010=100 (2010=100) 107.103 Feb 2024 monthly Jan 2010 - Feb 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Current Account Balance (USD mn) 237.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 46.216 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,031.5 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,439.912 Dec 2023 quarterly Mar 2013 - Dec 2023
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
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
IIP: Liabilities (USD mn) 63,986.189 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Assets (USD mn) 12,546.277 Dec 2023 quarterly Dec 2012 - Dec 2023
International Investment Position (IIP): Net (USD mn) -51,439.912 Dec 2023 quarterly Dec 2012 - Dec 2023
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 (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Money Supply M1 (USD mn) 5,088.870 Jan 2024 monthly Jan 1994 - Jan 2024
Money Supply M2 (USD mn) 36,267.306 Jan 2024 monthly Jan 1994 - Jan 2024
M2 Growth (%) 8.9 Jan 2024 monthly Jan 1995 - Jan 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 4,482.3 Feb 2024 monthly Dec 1956 - Feb 2024
Foreign Exchange Reserves: Months of Import (NA) 3.3 Feb 2024 monthly Jan 1982 - Feb 2024
Gold Reserves (USD mn) 30.962 Feb 2024 monthly Dec 1977 - Feb 2024
Total Deposits (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Total Deposits Growth (%) 6.7 Jul 2023 monthly Dec 2003 - Jul 2023
Domestic Credit (USD mn) 1,267.7 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Credit Growth (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Household Debt (USD mn) 5,580.5 Jun 2023 quarterly Jun 2010 - Jun 2023
Total Loans (USD mn) 26,218.887 Jan 2024 monthly Dec 1983 - Jan 2024
Total Loans Growth (%) -0.36 Jan 2024 monthly Dec 1984 - Jan 2024
Private Debt: % of Nominal GDP (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
Official Reserve Assets (ORA) (USD mn) 4,520.000 Feb 2024 monthly Nov 2013 - Feb 2024
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 4,482.341 Feb 2024 monthly Nov 2013 - Feb 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,714,837.000 Jun 2023 quarterly Jun 2010 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Business Sentiment Index: Business Condition: Current Quarter (Index) 93.000 Dec 2023 quarterly Jun 2014 - Dec 2023
Purchasing Managers Index: Manufacturing (Index) 56.000 Feb 2024 monthly May 2015 - Feb 2024

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