Sri Lanka GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$4,515.57

Source: world bank Nominal/PPP
Summary:

Sri Lanka GDP Per Capita expanded from 1960 to 2024, increasing from $145.93 to $4,515.57 .The compound annual growth rate (CAGR) averaged 5.51% over the period. The economy recorded its peak level in 2024 and its lowest level in 1963. Growth volatility remained high. The maximum drawdown reached 34.62%, indicating the largest cyclical decline from peak levels. The country experienced 10 recession episode(s) during the observed period.

Latest GDP Per Capita of Sri Lanka 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 4,515.57 dollars$ 15,632.59 Int dollars
Growth (YoY)18.865%8.142%
Net Change vs Previous Year$ 716.68 dollars$ 1,176.94 Int dollars
% of World GDP Per Capita4.07%7.83%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Sri Lanka GDP | Sri Lanka GDP Growth

Sri Lanka Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960145.93-----
1961145.9-0.03-0.019 %---
1962141.38-4.52-3.096 %---
1963119.35-22.03-15.582 %---
1964122.943.593.007 %---
1965155.5732.6326.537 %---
1966156.611.040.668 %---
1967162.295.693.633 %---
1968153.49-8.81-5.427 %---
1969163.6110.126.593 %---
1970186.923.2914.238 %---
1971188.761.860.995 %---
1972199.3810.625.627 %---
1973220.1720.7910.426 %---
1974268.6548.4822.02 %---
1975279.8211.174.158 %---
1976260.3-19.52-6.976 %---
1977292.1531.8512.235 %---
1978191-101.15-34.624 %---
1979230.7839.7820.827 %---
1980271.0640.2817.454 %---
1981292.4521.47.894 %---
1982311.9619.516.67 %---
1983335.8223.877.65 %---
1984391.3755.5516.54 %---
1985384.61-6.76-1.727 %---
1986407.1622.555.864 %---
1987419.8212.663.109 %---
1988434.0214.193.38 %---
1989430.02-3.99-0.92 %---
1990491.2161.1914.229 %2527.44--
1991546.2955.0811.213 %2712.72185.287.331 %
1992579.6633.366.107 %2850.95138.235.096 %
1993607.2327.584.757 %3067.38216.437.592 %
1994678.2771.0411.698 %3260.47193.096.295 %
1995741.8463.579.372 %3454.28193.815.944 %
1996776.1934.354.631 %3581.65127.383.688 %
1997827.0450.846.55 %3803.88222.236.205 %
1998847.5320.52.478 %3952.04148.163.895 %
1999829.36-18.18-2.145 %4103.38151.343.829 %
2000860.230.843.719 %4367.8264.426.444 %
2001803.54-56.66-6.586 %4328.19-39.61-0.907 %
2002834.9431.393.907 %4522.33194.144.485 %
2003946.38111.4513.348 %4849.86327.537.243 %
20041028.6282.248.69 %5215.88366.027.547 %
20051207.22178.617.363 %5678.75462.878.874 %
20061388.9181.6815.049 %6260.68581.9310.248 %
20071578.63189.7413.661 %6820.39559.718.94 %
20081973.58394.9525.018 %7316.59496.197.275 %
20092026.6653.072.689 %7575.58258.993.54 %
20102808.36781.738.571 %8233.63658.058.686 %
20113224.96416.614.834 %9075.55841.9210.225 %
20123327.78102.823.188 %10249.171173.6212.932 %
20133739.43411.6612.37 %11252.631003.469.791 %
20143972.04232.616.221 %11720.6467.974.159 %
20154057.7285.672.157 %12227.17506.574.322 %
20164149.1991.482.254 %13078.56851.396.963 %
20174398.89249.76.018 %13610.47531.914.067 %
20184358.56-40.33-0.917 %14178.02567.554.17 %
20194081.95-276.61-6.346 %14112.95-65.07-0.459 %
20203847.6-234.35-5.741 %12940.9-1172.05-8.305 %
20213996.96149.363.882 %14316.141375.2310.627 %
20223342.64-654.33-16.371 %14193.65-122.48-0.856 %
20233798.89456.2513.65 %14455.652621.846 %
20244515.57716.6818.865 %15632.591176.948.142 %

Sri Lanka Economic Phases (1960 - 2024)

From 1960 to 2024, Sri Lanka economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1961–1962) indicating temporary slowdown
  • Expansion (1966–1967) indicating steady moderate growth
  • High Growth (1969–1970) indicating robust economic expansion
  • High Growth (1972–1974) indicating robust economic expansion
  • High Growth (1979–1984) indicating robust economic expansion
  • Expansion (1987–1988) indicating steady moderate growth
  • High Growth (1990–1992) indicating robust economic expansion
  • High Growth (1994–1995) indicating robust economic expansion
  • High Growth (2003–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • High Growth (2013–2014) indicating robust economic expansion
  • Expansion (2015–2016) indicating steady moderate growth
  • Contraction (2018–2020) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2010 with an increase of 38.571%, while the largest decline was in 1978 at -34.624%.