Sri Lanka: Recent Economic Developments

Publication Date:

May 15, 2001

Electronic Access:

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Summary:

After weakening in 1999, GDP growth has increased strongly in 2000, led by exports. The savings-investment gap has increased from 1¾ percent of GDP in 1998 to 3¼ percent of GDP in 1999, widening further to 7 percent of GDP in 2000. Agriculture has grown by 4½ percent in 1999, registering a broadly similar growth rate as manufacturing for the first time in many years. In contrast, agricultural output performance was mixed during 2000. Manufacturing has slowed to only 4½ percent in 1999, significantly below the average growth of nearly 8 percent recorded in 1997 and 1998.

Series:

Country Report No. 2001/070

Subject:

English

Publication Date:

May 15, 2001

ISBN/ISSN:

9781451823400/1934-7685

Stock No:

1LKAEA0012001

Pages:

99

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