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Sri Lanka’s GDP Growth

#5 of 189 in the GDP Growth progress rankings

Measured as the annual percentage change in real GDP at constant national prices, this indicator shows the year-on-year rate of economic expansion. It reveals economic momentum and growth trends (higher is better).

Latest (2024)
5.0 %
Year-over-year
+7.3 %
Change since start (1962→2024)
+1.2 %

Key insights

  • From 1962 to 2024, GDP Growth changed by +1.2 %.
  • Most recent year-over-year change (2023→2024): +7.3 %.
  • Lowest level: -7.4 % in 2022.
  • Highest level: 8.7 % in 2011.

GDP Growth Chart (1962–2024)

*Average based on available data from 193 UN member countries

GDP Growth Table (1962–2024)

GDP Growth — Sri Lanka
Year GDP Growth
1962 3.8 %
1963 2.5 %
1964 3.9 %
1965 2.5 %
1966 5.0 %
1967 6.4 %
1968 5.8 %
1969 7.7 %
1970 3.9 %
1971 1.3 %
1972 -0.4 %
1973 7.1 %
1974 3.9 %
1975 6.1 %
1976 3.3 %
1977 5.1 %
1978 5.7 %
1979 6.4 %
1980 5.9 %
1981 5.7 %
1982 4.1 %
1983 4.8 %
1984 5.1 %
1985 5.0 %
1986 4.4 %
1987 1.7 %
1988 2.5 %
1989 2.3 %
1990 6.4 %
1991 4.6 %
1992 4.4 %
1993 6.9 %
1994 5.6 %
1995 5.5 %
1996 3.8 %
1997 6.4 %
1998 4.7 %
1999 4.3 %
2000 6.0 %
2001 -1.6 %
2002 4.0 %
2003 5.9 %
2004 5.5 %
2005 6.2 %
2006 7.7 %
2007 6.8 %
2008 6.0 %
2009 3.5 %
2010 8.0 %
2011 8.7 %
2012 8.6 %
2013 4.1 %
2014 6.4 %
2015 4.2 %
2016 5.1 %
2017 6.5 %
2018 2.3 %
2019 -0.2 %
2020 -4.6 %
2021 4.2 %
2022 -7.4 %
2023 -2.3 %
2024 5.0 %

Source: World Bank