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Country Profile – Sri Lanka

Country Profile – Sri Lanka

The country’s demographic profile is relatively young, with a median age of 􂀀 years.

Sri Lanka has a significantly diverse working population with roughly a third each in agriculture, high-value add industry and services sectors, and manual labour.

Mahinda Chintana: Vision for a New Sri Lanka aims to increase per capita income from $􂀀 in 2010 to $􂀀 by 2016 and achieve 􂀀 percent growth by employment creation, quality and access.

Political stability has improved as was evidenced in the 2015 elections with a peaceful handover of power to the new President in January and new government in August.

There is also a recalibration of Sri Lankan foreign policy away from China towards India and the US.

Sri Lanka is a lower middle - income economy with a GDP per capita of USD 􂀀 (2014).

Prominent industrial produce includes processing of rubber, tea, coconuts, tobacco and other agricultural commodities, clothing, textiles, cement, petroleum refining and construction.

The industrial sector employs 􂀀 percent of the labour force

Economic growth is expected to average out at 􂀀 percent over the period 2015-2020.

About this report

A country profile is an instant guide to the political, economic, demographic, industrial, and business environment of a market. The report provides a range of quantitative and qualitative information on a variety of national aspects, including geography, economy, education, demography, labour, political climate, infrastructure, industry, tax, trade, investment, and ease of doing business. Additionally, the report provides a PESTLE analysis of a country's business climate. The country profile can be an effective tool for businesses in their marketing, strategy, and planning exercises when studying the future prospects of an economy.


  • Executive Summary
  • General Overview
    • General Overview - Geography
    • General Overview - Climate
  • Demographic Trends
    • Demographic Trends - Population and its Structure
    • Demographic Trends - Select Indicators
      • Table Demographic Trends - Select Indicators
    • Demographic Trends - Working Population
    • Demographic Trends - Labour Market
    • Demographic Trends - Workforce Regulations
      • Table Demographic Trends - Workforce Regulations
  • Political Overview
    • Political Overview - Domestic Scene
    • Political Overview - International Scene
  • Economic Scenario
    • Economic Scenario - The Constituents of the Economy
    • Economic Scenario - Select Indicators
      • Table Economic Scenario - Select Indicators
    • Economic Scenario - Money and Banking
    • Economic Scenario - Financial Support for Industry
  • PESTLE Analysis
    • PESTLE Analysis - An Overview
    • PESTLE Analysis - Key Factors
  • Infrastructure
    • Infrastructure - Select Indicators
      • Table Infrastructure - Select Indicators
    • Infrastructure - Natural Resources
      • Table Infrastructure - Natural Resources
  • Industry
    • Industry - Select Indicators
      • Table Industry - Select Indicators
    • Industry - Shareholder Rights
    • Industry - Supportive Actions and Policies
  • Trade and Investment
    • Trade and Investment Environment
    • Trade and Investment Environment - Trade Agreements
  • Ease of Doing Business
    • Ease of Doing Business - A Snapshot
    • Ease of Doing Business - Setting up Business
    • Ease of Doing Business - Starting a Business and Permits
    • Ease of Doing Business - Electricity, Property and Credit
    • Ease of Doing Business - Investors and Contracts
    • Ease of Doing Business - Taxes and Trading Across Borders
    • Ease of Doing Business - Insolvency
  • Tax Environment
    • Taxes and Duty Structure - Income tax
    • Taxes and Duty Structure - Property tax, Sales tax, VAT
    • Taxes and Duty Structure - Custom Tariffs

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