Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka records 7.3% growth in GDP last year
Tue, Mar 18, 2014, 11:08 am SL Time, ColomboPage News Desk, Sri Lanka.

Mar 18, Colombo: The economic output of Sri Lanka as measured by GDP for the year 2013 recorded as 7.3 percent growth while in the fourth quarter of 2013 economy grew at a significant 8.2 percent, the Census and Statistics Department's latest report said.

The Industry Sector led the growth at 9.9 percent year-on-year (YoY) followed by the Services Sector at 6.4 percent while the Agriculture Sector grew at a rate of 4.7 percent YoY.

In Industry Sector, Mining and Quarrying recorded 11.5 percent growth YoY and Manufacturing grew 7.5 percent YoY. Textile, Wearing apparel & leather industry grew by 8.9 percent in 2013.

Cottage industries also showed a significant growth of 5.1 percent in 2013.

In Services sector, Hotels and Restaurants industry showed a strong growth of 22.3 percent YoY in 2013. Port and Telecommunications also posted a significant growth of 11.4 percent YoY last year.

In Agriculture Sector Tea industry showed a modest growth of 3.6 percent YoY in 2013 while both coconut and rubber production showed a decline. Rice production grew significantly by 19.5 percent YoY and Minor Crops showed a growth of 8.5 percent in 2013.

ColomboPage - Recent 10 Stories
BJP leader seeks ban on Sri Lanka terrorist leader's birth anniversary celebrations in Tamil Nadu
-- [51 minutes ago]
Sri Lankan court extends remand of 24 Indian fishermen till Dec 05
-- [1 hour and 20 minutes ago]
Crucial meeting of Sri Lanka's ruling party to be held tonight
-- [1 hour and 35 minutes ago]
Sri Lanka to hold presidential elections on January 08
-- [1 hour and 43 minutes ago]
Sri Lanka President removes common opposition candidate from ministerial portfolio and party
-- [2 hours ago]
Maithripala Sirisena is Common Opposition candidate for presidency in Sri Lanka
-- [6 hours ago]
Main opposition condemns attack on Sri Lanka monk party leader's temple
-- [8 hours ago]
Sri Lankan Minister Maithripala Sirisena says he is committed to serve the country
-- [9 hours ago]
President to commission irrigation project in Sri Lanka's North Western Province tomorrow
-- [9 hours ago]
Fitch Rates debentures of Sri Lanka's Abans at 'BBB+(lka) (EXP)'

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.