Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, is an island country in the northern Indian Ocean off the southern coast of the Indian subcontinent in South Asia. It was known as Ceylon until 1972. It shares its maritime borders with India to the northwest and the Maldives to the southwest. Sri Lanka is a republic and a unitary state governed by a presidential system.
Sri Lanka had estimated population of 21.252 million in the year 2016 and expected to reach 22.137 million by 2022. Sri Lanka’s unemployment rate was 4% of total labor force, and it is expected to remain same till 2022.
Sri Lanka’s real gross domestic product (GDP) was around LKR 8993.14 billions in 2016 whereas the nominal GDP was LKR 12147.50 billions. This resulted in GDP deflator 135.075. Per capita GDP was estimated at USD 3887.49 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 12262.32.
In 2016, Sri Lankan government’s revenue was LKR 1598.67 billions whereas the expenditure was LKR 2288.25 billions. This resulted Sri Lankan government’s net lending / borrowing negative at LKR 689.582 billion in 2016 indicating that enough financial resources were made not available by the government to boost economic growth.
The current account balance for Sri Lanka was estimated to be negative at USD 1.932 billions for the year 2016 and is expected to decrease at a CAGR of 2.35% and reach USD 2.364 by 2022. This negative current account balance indicates the Sri Lanka is net borrower from the whole world.
Scope of Sri Lanka – PESTEL Analysis Report
This report provides information about key macroeconomic indicators for Sri Lanka.
This report provides PESTEL (political, economic, social, technological, environmental and legal) analysis for Sri Lanka.
1. Executive Summary
Scope of Sri Lanka – PESTEL Analysis Report
Research Methodology
2. Sri Lanka - Country Overview
2.1 People Indicators
2.1.1 Population
2.1.2 Unemployment
2.2 National Accounts Indicators
2.2.1 Real Gross Domestic Product
2.2.2 Nominal Gross Domestic Product
2.2.3 Gross Domestic Product Deflator
2.2.4 Per Capita Gross Domestic Product
2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.6 Total Investment / Gross Capital Formation
2.2.7 Gross National Savings
2.3 Monetary Indicators
2.3.1 Consumer Price Index (CPI) Inflation
2.4 Trade Indicators
2.4.1 Change in Import Volume of Goods & Services
2.4.2 Change in Export Volume of Goods & Services
2.5 Government Finance Indicators
2.5.1 Government Revenue
2.5.2 Government Expenditure
2.5.3 Government Net Lending / Borrowing
2.5.4 Government Gross Debt
2.6 Balance of Payment Indicators
2.6.1 Current Account Balance
3. PESTEL Analysis
3.1 Political Factors
3.2 Economic Factors
3.3 Social Factors
3.4 Technological Factors
3.5 Environmental Factors
3.6 Legal Factors
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Population of Sri Lanka (in millions)
Exhibit 2.2 Unemployment Level in Sri Lanka (in %)
Exhibit 2.3 Real GDP of Sri Lanka (in LKR billions)
Exhibit 2.4 Nominal GDP of Sri Lanka (in LKR billions)
Exhibit 2.5 Nominal GDP of Sri Lanka (in USD billions)
Exhibit 2.6 GDP Deflator Index for Sri Lanka
Exhibit 2.7 Per Capita GDP of Sri Lanka (in USD)
Exhibit 2.8 PPP Per Capita GDP of Sri Lanka (in USD)
Exhibit 2.9 Total Investment of Sri Lanka (in %)
Exhibit 2.10 Gross National Savings of Sri Lanka (in %)
Exhibit 2.11 Consumer Price Index (CPI) Inflation of Sri Lanka
Exhibit 2.12 Change in Import Volume of Goods & Services of Sri Lanka (in %)
Exhibit 2.13 Change in Export Volume of Goods & Services of Sri Lanka (in %)
Exhibit 2.14 Government Revenue of Sri Lanka (in LKR billions)
Exhibit 2.15 Government Revenue of Sri Lanka (in % of GDP)
Exhibit 2.16 Government Expenditure of Sri Lanka (in LKR billions)
Exhibit 2.17 Government Expenditure of Sri Lanka (in % of GDP)
Exhibit 2.18 Government Net Lending / Borrowing of Sri Lanka (in LKR billions)
Exhibit 2.19 Government Net Lending / Borrowing of Sri Lanka (in % of GDP)
Exhibit 2.20 Government Gross Debt of Sri Lanka (in LKR billions)
Exhibit 2.21 Government Gross Debt of Sri Lanka (in % of GDP)
Exhibit 2.22 Current Account Balance of Sri Lanka (in USD billions)
Exhibit 2.23 Current Account Balance of Sri Lanka (in % of GDP)
*If Applicable.