Sri Lanka at a glance
Sri Lanka is an island situated close to the Southern tip of India with a 21.4 million population. Currently the country is ranked as a lower middle income country with a Per Capita GDP of US$ 4,065 (2017). The country has made significant progress in its socio-economic and human development indicators. Social indicators rank among the highest in South Asia and compare favourably with those in middle-income countries.
Statistics 2018 (www.cbsl.gov.lk)
| Mid-year population (Mn) | 21.67 |
| GDP (US$ Bn) | 88.9 |
| DGP Growth rate | 3.2 |
| Exports to the world (US$ Mn) | 11,890 |
| Imports from the world (US$ Mn) | 22,233 |
| Human Development Index Ranking | 76 |
| Ease of Doing Business Index | 100 |
| Adult Literacy Rate | 93.1 |
Main industries
- Apparel manufacturing
- Tea, coconut & rubber industries
- IT industry
- Tourism industry
Trade Agreements (www.doc.gov.lk)
Bilateral
- Indo-Sri Lanka free Trade Agreement
- Pakistan Sri Lanka free Trade Agreement
- Singapore Sri Lanka Free trade Agreement
Regional
- SAARC Preferential Trading Arrangement (SAPTA) Bangladesh, Butan, India, Maldives, Nepal, Pakistan and Sri Lanka
- Agreement on South Asian Free Trade Area (SAFTA) Bangladesh, Butan, India, Maldives, Nepal, Pakistan and Sri Lanka, Afghanistan
- Asia-Pacific Trade Agreement (APTA) Bangladesh, China, India, Lao PDR, South Korea and Sri Lanka
- Global System of Trade Preferences among Developing Countries (GSTP) 43 countries
- EU Generalized Scheme of Preferences (GSP) Plus