Sri Lanka Country profile


June 2019

Sri Lanka had been among Asia’s fastest growing economies, but growth has slowed in recent years. Sri Lanka remains a lower-middle-income country with GDP per capita below the regional average. The business climate and credit worthiness are both challenging and also below the regional average. But despite these challenges, a highly literate population and diversified economy hold immense promise.

This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars between 2018 and 2023 as provided by the IMF. Annual GDP growth is the average between 2018 and 2023. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country’s ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.