Gross Domestic Product — Value Standard Local Currency in Sri Lanka
Sri Lanka: Gross Domestic Product — Value Standard Local Currency was 30.13 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Sri Lanka, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency in Sri Lanka is 30.13 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 9.0% on the previous year and up 179.6% over ten years.
Over the whole period, gross domestic product — value standard local currency in Sri Lanka peaked at 30.13 million million SLC in 2024 and was at its lowest, 16,757 million SLC, in 1970.
That places Sri Lanka 40th out of 218 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Sri Lanka, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 16,757 million SLC | — |
| 1971 | 17,100 million SLC | +2.1% |
| 1972 | 19,216 million SLC | +12.4% |
| 1973 | 22,424 million SLC | +16.7% |
| 1974 | 28,990 million SLC | +29.3% |
| 1975 | 31,601 million SLC | +9.0% |
| 1976 | 36,093 million SLC | +14.2% |
| 1977 | 43,072 million SLC | +19.3% |
| 1978 | 51,930 million SLC | +20.6% |
| 1979 | 63,257 million SLC | +21.8% |
| 1980 | 80,863 million SLC | +27.8% |
| 1981 | 100,020 million SLC | +23.7% |
| 1982 | 115,403 million SLC | +15.4% |
| 1983 | 141,050 million SLC | +22.2% |
| 1984 | 174,351 million SLC | +23.6% |
| 1985 | 186,679 million SLC | +7.1% |
| 1986 | 204,047 million SLC | +9.3% |
| 1987 | 223,431 million SLC | +9.5% |
| 1988 | 258,873 million SLC | +15.9% |
| 1989 | 293,728 million SLC | +13.5% |
| 1990 | 376,173 million SLC | +28.1% |
| 1991 | 437,486 million SLC | +16.3% |
| 1992 | 499,059 million SLC | +14.1% |
| 1993 | 591,300 million SLC | +18.5% |
| 1994 | 685,313 million SLC | +15.9% |
| 1995 | 783,793 million SLC | +14.4% |
| 1996 | 912,807 million SLC | +16.5% |
| 1997 | 1.05 million million SLC | +15.5% |
| 1998 | 1.20 million million SLC | +13.5% |
| 1999 | 1.30 million million SLC | +8.9% |
| 2000 | 1.47 million million SLC | +13.1% |
| 2001 | 1.64 million million SLC | +11.4% |
| 2002 | 1.87 million million SLC | +14.1% |
| 2003 | 2.09 million million SLC | +11.4% |
| 2004 | 2.39 million million SLC | +14.7% |
| 2005 | 2.81 million million SLC | +17.3% |
| 2006 | 3.39 million million SLC | +20.6% |
| 2007 | 4.15 million million SLC | +22.6% |
| 2008 | 5.15 million million SLC | +24.1% |
| 2009 | 5.68 million million SLC | +10.4% |
| 2010 | 6.63 million million SLC | +16.7% |
| 2011 | 7.49 million million SLC | +13.0% |
| 2012 | 8.99 million million SLC | +20.0% |
| 2013 | 9.94 million million SLC | +10.6% |
| 2014 | 10.78 million million SLC | +8.4% |
| 2015 | 11.57 million million SLC | +7.3% |
| 2016 | 12.81 million million SLC | +10.8% |
| 2017 | 14.39 million million SLC | +12.3% |
| 2018 | 15.35 million million SLC | +6.7% |
| 2019 | 15.91 million million SLC | +3.6% |
| 2020 | 15.67 million million SLC | -1.5% |
| 2021 | 17.61 million million SLC | +12.4% |
| 2022 | 24.06 million million SLC | +36.6% |
| 2023 | 27.63 million million SLC | +14.8% |
| 2024 | 30.13 million million SLC | +9.0% |
Sri Lanka compared with similar countries
- Sri Lanka's 30.13 million million SLC is above the median for upper middle income countries, which is 913,929 million SLC, 33.0× the median. (54 countries reporting)
- Sri Lanka's 30.13 million million SLC is above the median for South Asia, which is 17.91 million million SLC, 1.7× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 33,044 million SLC | 16,757 million SLC | 63,257 million SLC | 10 |
| 1980s | 177,845 million SLC | 80,863 million SLC | 293,728 million SLC | 10 |
| 1990s | 783,972 million SLC | 376,173 million SLC | 1.30 million million SLC | 10 |
| 2000s | 3.06 million million SLC | 1.47 million million SLC | 5.68 million million SLC | 10 |
| 2010s | 11.39 million million SLC | 6.63 million million SLC | 15.91 million million SLC | 10 |
| 2020s | 23.02 million million SLC | 15.67 million million SLC | 30.13 million million SLC | 5 |
Countries ranked near Sri Lanka
- 37 Algeria 35.34 million million SLC compare
- 38 Mexico 33.91 million million SLC compare
- 39 Cameroon 31.12 million million SLC compare
- 41 United States of America 29.18 million million SLC compare
- 42 South Sudan 28.08 million million SLC compare
- 43 Philippines 26.45 million million SLC compare
More economy & growth data for Sri Lanka
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP -8.07 Percent per annum (2022)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP -7.82 Percent per annum (2022)
- Foreign direct investment, net outflows (BoP, current US$), gaps 110.33 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0011 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5.03 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 761.14 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.75 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0076 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 34.73 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 38.34 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency in Sri Lanka?
- Gross domestic product — value standard local currency in Sri Lanka was 30.13 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Sri Lanka?
- The highest recorded value was 30.13 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Sri Lanka?
- The lowest recorded value was 16,757 million SLC in 1970.
- How does Sri Lanka rank for gross domestic product — value standard local currency?
- Sri Lanka ranks 40th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Sri Lanka?
- Over the last ten years it is up 179.6%. The long-run trend across the full record is volatile.
- Where does this Sri Lanka data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).