Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Large gap in household incomes between Sri Lanka's urban, rural and estate sectors
Sun, Oct 22, 2017, 01:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 22, Colombo: According to the Household Income and Expenditure Survey - 2016 released by the Department of Census and Statistics recently, the mean monthly income of a household in Sri Lanka for 2016 is Rs. 62,237, which has shown an increase of 35.7% from the last survey in 2012/13.

In real terms however, the mean monthly household income has increased only by 15.8% when adjusted against the inflationary effect, on the basis of the National Consumer Price Index.

However, there is a large gap in Household income between urban, rural and estate sectors.

Sector-wise, the estimated mean household incomes for Urban, Rural and Estate sectors have been estimated as Rs. 88,692, Rs. 58,137 and Rs. 34,804 respectively.

The estimated household per capita income for 2016 in Sri Lanka has been recorded as Rs. 16,377 per month. In 2012/13 it was Rs. 11,819 and has increased by 39% by 2016.

Among the provinces, eight years after the war ended, the conflict-affected Northern and Eastern provinces record the lowest Household Incomes.

The Mean household income in Northern Province was Rs. 46,081 and Eastern Province recorded an income of Rs. 43,168. In the South Sabaragamuwa Province was the poorest with a household income of Rs. 49,057.

The Department of Census and Statistics has been conducting the Household Income and Expenditure Survey (HIES), once in every three years and the current survey conducted in 2016 is the 9th in this series.

A sample of 25,000 households was selected covering the entire country for the survey, while the data collection took place from January 2016 to December 2016.

 

ColomboPage - Recent 10 Stories ::
Police raid cannabis cultivation in Negombo
-- [3 hours ago]
Sri Lanka targets crowds for upcoming Golden Week in Guangdong Province
-- [3 hours ago]
President presents land deeds to 2000 Kurunegala farmers
Sri Lanka to host South Asian Youth Summit 2018
Sri Lanka will face the global economic crisis successfully - PM
Minister Malik Samarawickrama leads high powered delegation to promote investment and exports in Germany
Sri Lanka's Constitutional Council's term ends
Two suspects including a saffron-robed arrested for attempting to sell a Valampuri conch shell
Sri Lankan President to leave for US today to attend UN General Assembly
Sri Lankan Marine biologist, Asha de Vos Global winner of Study UK Alumni Awards 2018

Copyright © 2000, 2016 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.