Africa's Development: Annual real GDP growth rate Growth rate … 02 in Sri Lanka
Sri Lanka: Africa's Development: Annual real GDP growth rate Growth rate … 02 was -7.82 Percent per annum in 2022. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Sri Lanka, 1990–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Sri Lanka is -7.82 Percent per annum, measured in 2022. That is the lowest value across all 33 years on record.
The figure is down 322.8% on the previous year and down 190.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Sri Lanka peaked at 12.16 Percent per annum in 1996 and was at its lowest, -7.82 Percent per annum, in 2022.
That places Sri Lanka 166th out of 166 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth rate Growth rate … 02 in Sri Lanka, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 6.17 Percent per annum | — |
| 1991 | 10.82 Percent per annum | +75.3% |
| 1992 | -3.13 Percent per annum | -129.0% |
| 1993 | 7.48 Percent per annum | -338.5% |
| 1994 | 8.04 Percent per annum | +7.5% |
| 1995 | 6.05 Percent per annum | -24.7% |
| 1996 | 12.16 Percent per annum | +101.0% |
| 1997 | 10.29 Percent per annum | -15.4% |
| 1998 | -1.65 Percent per annum | -116.0% |
| 1999 | 2.88 Percent per annum | -274.9% |
| 2000 | 8.42 Percent per annum | +192.4% |
| 2001 | -1.95 Percent per annum | -123.1% |
| 2002 | 3.73 Percent per annum | -291.3% |
| 2003 | 5.94 Percent per annum | +59.4% |
| 2004 | 5.45 Percent per annum | -8.3% |
| 2005 | 6.24 Percent per annum | +14.6% |
| 2006 | 7.67 Percent per annum | +22.9% |
| 2007 | 6.8 Percent per annum | -11.4% |
| 2008 | 5.95 Percent per annum | -12.5% |
| 2009 | 3.54 Percent per annum | -40.5% |
| 2010 | 8.02 Percent per annum | +126.5% |
| 2011 | 8.67 Percent per annum | +8.2% |
| 2012 | 8.63 Percent per annum | -0.4% |
| 2013 | 4.05 Percent per annum | -53.1% |
| 2014 | 6.38 Percent per annum | +57.4% |
| 2015 | 4.21 Percent per annum | -34.1% |
| 2016 | 5.05 Percent per annum | +20.2% |
| 2017 | 6.46 Percent per annum | +27.8% |
| 2018 | 2.31 Percent per annum | -64.2% |
| 2019 | -0.2205 Percent per annum | -109.5% |
| 2020 | -4.62 Percent per annum | +1997.5% |
| 2021 | 3.51 Percent per annum | -175.9% |
| 2022 | -7.82 Percent per annum | -322.8% |
Sri Lanka compared with similar countries
- Sri Lanka's -7.82 Percent per annum is below the median for upper middle income countries, which is 2.7 Percent per annum. (50 countries reporting)
- Sri Lanka's -7.82 Percent per annum is below the median for South Asia, which is 5.18 Percent per annum. (6 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth rate Growth rate … 02 in Sri Lanka changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1997.5% | -0.2205 Percent per annum | -4.62 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.91 Percent per annum | -3.13 Percent per annum | 12.16 Percent per annum | 10 |
| 2000s | 5.18 Percent per annum | -1.95 Percent per annum | 8.42 Percent per annum | 10 |
| 2010s | 5.36 Percent per annum | -0.2205 Percent per annum | 8.67 Percent per annum | 10 |
| 2020s | -2.98 Percent per annum | -7.82 Percent per annum | 3.51 Percent per annum | 3 |
Countries ranked near Sri Lanka
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- SDRs holdings, US dollar, annual growth rate -66.71 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.0483 units per person (2025)
- SDRs holdings, SDR, annual growth rate -68.3 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.0353 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 33.41 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0295 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 147.79 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Sri Lanka?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Sri Lanka was -7.82 Percent per annum in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Sri Lanka?
- The highest recorded value was 12.16 Percent per annum in 1996.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Sri Lanka?
- The lowest recorded value was -7.82 Percent per annum in 2022.
- How does Sri Lanka rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Sri Lanka ranks 166th out of 166 countries with data for 2022.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Sri Lanka?
- Over the last ten years it is down 190.6%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.