Sri Lanka FlagSri Lanka

Only When In The Sun Do You Miss The Shade.

 

General


Population: 21,866,445 (2014), 21,675,648 (2013)
Land Area: 65,610 sq km
Natural Resources: Limestone, graphite, mineral sands, gems, phosphates, clay, hydropower
Capital: Colombo
Political System: Republic
State Leader: Mahinda Rajapaksa (November 19th 2005)
Languages: Sinhala, Tamil, English
Currency: Sri Lankan Rupee (LKR)
Major Religions: Buddhist 69.1%, Muslim 7.6%, Hindu 7.1%, Christian 6.2%, Unspecified 10%
Major Ethnicities: Sinhalese 73.8%, Sri Lankan Moors 7.2%, Indian Tamil 4.6%, Sri Lankan Tamil 3.9%, Other 0.5%, Unspecified 10%
Life Expectancy: 76.35 years (2014), 76.15 years (2013)

Economy


GDP Official Exchange Rate: 65.12 billion (2013), 59.41 billion (2012)
GDP Purchasing Power Parity: 134.5 billion (2013), 128.4 billion (2012)
GDP Per Capita (PPP): 6,500 (2013), 6,200 (2012)
GDP Growth Rate: 6.3% (2013), 6.4% (2012)
GDP Structure: Agriculture 10.6%, Industry 32.4%, Services 57% (2013)
Labour Force By Occupation: Agriculture 31.8%, Industry 25.8%, Services 42.4% (2012)
Industries: Processing of rubber, tea, coconuts, tobacco, agricultural commodities, telecommunications, insurance, banking, clothing, textiles, cement, petroleum refining
Agriculture Products: Rice, sugarcane, grains, pulses, oilseed, spices, tea, rubber, coconuts; milk, eggs, hides, beef; fish
Human Development Index: 0.750 (73rd)(2014), 0.715 (92nd)(2013)
Tourism Revenue: 808 million (2004)
Unemployment Rate: 5.1% (2013), 5.2% (2012)

MilitarySri Lanka Map


Army Size: 111 000 (2004)
Budget: 2.6% of GDP (2006)

Current Situation

 

Sri Lanka is located in South Asia. Sri Lanka's nearest neighbour is India. Sri Lanka's economy had been growing steadily until the 2004 tsunami and the resurgence of violence with the Tamil Tigers. Since these events tourism and foreign investments levels have declined considerably. Agriculture remains a very important sector, the most important crop is tea.

(2014) Sri Lanka's economy continues to grow rapidly and recover from the end of the conflict with the Tamil Tigers in 2009. This growth is expected to continue into the next few years.

Thoughts & Comments

 

Sources

CIA World Factbook: Sri Lanka
Wikipedia: Sri Lanka
http://hdrstats.undp.org/en/countries/profiles/LKA.html

Updated on: December 27th, 2014