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Factum Special Perspective: Last Chance for Sri Lanka?  

Indicator2014201520162017201820192020202120222023
GDP growth (%)5.04.25.16.52.30.2-4.64.2-7.32.3
Government expenditure (% of GDP)16.719.818.217.917.521.019.420.018.619.4
Government revenue + grants (% of GDP)11.212.613.212.812.611.98.88.38.411.1
Domestic current account balance (% of GDP)-1.2-2.3-0.6-0.7-1.2-3.6-7.9-7.3-6.4-6.0
Primary balance (% of GDP)-1.5-2.9-0.20.00.6-3.6-4.6-5.7-3.70.6
Fiscal balance (% of GDP)-5.5-7.2-5.0-5.1-5.0-9.0-10.7-11.7-10.2-8.3
Exports (USD billion)11.110.610.311.411.911.910.012.513.111.9
Imports (USD billion)19.418.919.221.022.219.916.120.618.316.8
External trade balance (USD billion)-8.3-8.3-8.9-9.610.3-8.0-6.1-8.1-5.2-4.9
Foreign direct investment (USD million)89468089713731614743434592898712
Workers’ remittances (USD billion)7.07.07.27.17.06.77.15.53.86.0
External current account balance (% of GDP)-2.5-2.2-2.0-2.4-3.0-2.1-1.4-3.7-1.91.8
Balance of payments (USD billion)1.4-1.5-0.52.1-1.10.4-2.3-4.0-2.82.8
Gross official reserves (USD billion)8.27.36.08.06.97.65.73.11.94.4
External debt (USD billion)42.944.846.451.652.454.849.051.849.754.8
External debt (% of GDP)54.152.752.854.755.361.658.158.464.665.0
Inflation rate ( %)3.32.24.06.64.34.34.66.046.416.5
Exchange rate (Rs/USD)130.56135.94145.60152.46162.54178.78185.52198.88324.55327.53
Source: Central Bank Annual Reports/Reviews, various years