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
Sri Lanka President launches debate on National Medicinal Drug Policy in parliament
-- [4 minutes ago]
IMF denies Sri Lanka's request for a fresh bail-out
-- [52 minutes ago]
Former ruling party of Sri Lanka seeks simultaneous implementation of laws curbing executive powers and electoral reforms
-- [1 hour and 56 minutes ago]
Sri Lanka's Marxist party hands over load of files on corruption to Anti-Corruption Secretariat
-- [2 hours ago]
Pakistan naval ship arrives at Sri Lanka port on a goodwill mission
-- [2 hours ago]
Sri Lanka, India to revive talks on fishermen issue
-- [7 hours ago]
Sri Lanka assures international media delegation that Freedom of Information bill would be passed before election
-- [8 hours ago]
Attorney General requests for more time to decide on former Sri Lankan Army Commander's case
-- [8 hours ago]
Sri Lanka's United National Party says general elections will be held as scheduled
-- [9 hours ago]
Former Sri Lankan President's son Yoshitha Rajapaksa questioned over a light aircraft

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.