Sri Lanka GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$98.96

Source: world bank Nominal/PPP
Summary:

Sri Lanka GDP Per Capita expanded from 1960 to 2024, increasing from $1.41 to $98.96 .The compound annual growth rate (CAGR) averaged 6.87% 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 33.41%, indicating the largest cyclical decline from peak levels. The country experienced 9 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$)
Latest Year20242024
Latest GDP Per Capita$ 98.96 dollars$ 342.60 Int dollars
Growth (YoY)18.213%7.548%
Net Change vs Previous Year$ 15.25 dollars$ 24.05 Int dollars
% of World GDP Per Capita0.09%0.17%
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
19601.41-----
19611.440.032.444 %---
19621.43-0.01-0.704 %---
19631.24-0.19-13.491 %---
19641.310.075.568 %---
19651.70.3929.668 %---
19661.750.053.13 %---
19671.860.116.166 %---
19681.8-0.06-3.126 %---
19691.970.169.116 %---
19702.30.3316.836 %---
19712.370.073.172 %---
19722.550.187.792 %---
19732.880.3212.596 %---
19743.570.724.306 %---
19753.790.226.063 %---
19763.59-0.2-5.275 %---
19774.10.5114.29 %---
19782.73-1.37-33.41 %---
19793.360.6323.102 %---
19804.020.6619.616 %---
19814.420.399.721 %---
19824.770.357.992 %---
19835.170.48.37 %---
19846.040.8816.942 %---
19855.98-0.07-1.076 %---
19866.410.437.138 %---
19876.680.284.324 %---
19886.980.34.433 %---
19896.990.010.127 %---
19908.031.0514.96 %41.33--
199190.9712.049 %44.693.368.137 %
19929.70.77.807 %47.723.036.779 %
199310.340.646.551 %52.234.59.434 %
199411.721.3813.338 %56.334.17.855 %
199513.031.3111.198 %60.674.347.712 %
199613.90.876.662 %64.133.465.7 %
199715.091.198.593 %69.415.288.24 %
199815.760.674.432 %73.494.085.875 %
199915.71-0.05-0.31 %77.744.255.776 %
200016.60.885.626 %84.276.538.401 %
200115.75-0.85-5.098 %84.830.570.671 %
200216.540.794.996 %89.574.735.58 %
200318.882.3514.182 %96.767.198.032 %
200420.661.789.431 %104.788.018.281 %
200524.413.7418.116 %114.8110.039.573 %
200628.273.8615.823 %127.4212.6210.988 %
200732.354.0814.444 %139.7712.359.69 %
200840.718.3625.853 %150.9411.177.992 %
200942.071.353.322 %157.246.34.177 %
201058.6416.5739.39 %171.9114.679.329 %
201167.759.1215.549 %190.6718.7610.911 %
201270.452.693.976 %216.9726.313.794 %
201376.986.539.268 %231.6414.676.759 %
201482.535.557.216 %243.5311.95.136 %
201585.092.563.101 %256.412.875.286 %
2016882.913.42 %277.3820.988.182 %
201794.376.377.238 %291.9914.65.264 %
201894.450.080.085 %307.2415.255.224 %
201989-5.45-5.772 %307.710.470.152 %
202084.34-4.66-5.24 %283.65-24.05-7.817 %
202188.564.225.005 %317.1933.5411.823 %
202274.14-14.41-16.276 %314.83-2.36-0.744 %
202383.729.5712.912 %318.563.731.185 %
202498.9615.2518.213 %342.624.057.548 %

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.

  • High Growth (1964–1965) indicating robust economic expansion
  • High Growth (1969–1970) indicating robust economic expansion
  • High Growth (1972–1975) indicating robust economic expansion
  • High Growth (1979–1984) indicating robust economic expansion
  • Expansion (1987–1989) indicating steady moderate growth
  • High Growth (1990–1997) 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 (2019–2020) indicating temporary slowdown
  • High Growth (2023–2024) indicating robust economic expansion

The most remarkable growth occurred in 2010 with an increase of 39.39%, while the largest decline was in 1978 at -33.41%.