| variable | 1980-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 4.24 | 6.14 | 4.98 | 5.78 | 4.09 | 4.21 | -7.35 | -2.33 | 5.01 |
| CPI % | 12.36 | 9.72 | 12.61 | 4.86 | 4.99 | 5.95 | 45.21 | 17.36 | 1.24 |
| Unemployment rate | 15.9 | 11.58 | 7.49 | 5.45 | 4.48 | 5.1 | 5.25 | 5.0 | 4.75 |
| Debt/GDP % | 78.94 | 77.08 | 80.64 | 70.74 | 76.26 | 102.67 | 115.94 | 110.38 | 99.43 |
| Current account balance/GDP % | -7.17 | -4.78 | -2.92 | -1.13 | -3.13 | -3.71 | -0.99 | 2.94 | 1.76 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
The first Sinhalese arrived in Sri Lanka late in the 6th century B.C., probably from northern India. Buddhism was introduced circa 250 B.C., and the first kingdoms developed at the cities of Anuradhapura (from about 200 B.C. to about A.D. 1000) and Polonnaruwa (from about A.D. 1070 to 1200). In the 14th century, a South Indian dynasty established a Tamil kingdom in northern Sri Lanka. The Portuguese controlled the coastal areas of the island in the 16th century, followed by the Dutch in the 17th century. The island was ceded to the British in 1796, became a crown colony in 1802, and was formally united under British rule by 1815. As Ceylon, it became independent in 1948; the name was changed to Sri Lanka in 1972. Prevailing tensions between the Sinhalese majority and Tamil separatists erupted into war in 1983. Fighting between the government and Liberation Tigers of Tamil Eelam (LTTE) continued for over a quarter-century. Although Norway brokered peace negotiations that led to a cease-fire in 2002, the fighting slowly resumed and was again in full force by 2006. The government defeated the LTTE in 2009. During the post-conflict years under then-President Mahinda RAJAPAKSA, the government initiated infrastructure development projects, many of which were financed by loans from China. His regime faced allegations of human rights violations and a shrinking democratic space for civil society. In 2015, a new coalition government headed by President Maithripala SIRISENA of the Sri Lanka Freedom Party and Prime Minister Ranil WICKREMESINGHE of the United National Party came to power with pledges to advance economic, political, and judicial reforms. However, implementation of these reforms was uneven. In 2019, Gotabaya RAJAPAKSA won the presidential election and appointed his brother Mahinda prime minister. Civil society raised concerns about the RAJAPAKSA administration’s commitment to pursuing justice, human rights, and accountability reforms, as well as the risks to foreign creditors that Sri Lanka faced given its ongoing economic crisis. A combination of factors including the COVID-19 pandemic; severe shortages of food, medicine, and fuel; and power outages triggered increasingly violent protests in Columbo beginning in 2022. In response, WICKREMESINGHE -- who had already served as prime minister five times -- was named to replace the prime minister, but he became president within a few months when Gotabaya RAJAPAKSA fled the country.
Area: 65,610 km2
Climate: tropical monsoon; northeast monsoon (December to March); southwest monsoon (June to October)
Natural resources: limestone, graphite, mineral sands, gems, phosphates, clay, hydropower, arable land
Groups: Sinhalese 74.9%, Sri Lankan Tamil 11.2%, Sri Lankan Moors 9.2%, Indian Tamil 4.2%, other 0.5% (2012 est.)
Languages: Sinhala (official) 87%, Tamil (official) 28.5%, English 23.8% (2012 est.)note: data represent main languages spoken by the population aged 10 years and older; shares sum to more than 100% because some respondents gave more than one answer on the census; English is commonly used in government and is referred to as the "link language" in the constitution
Religions: Buddhist (official) 70.2%, Hindu 12.6%, Muslim 9.7%, Roman Catholic 6.1%, other Christian 1.3%, other 0.05% (2012 est.)
Capital: Colombo (commercial capital); Sri Jayewardenepura Kotte (legislative capital)
Government type: presidential republic
Chief of state: President Anura Kumara DISSANAYAKE (since 23 September 2024)
Head of government: President Anura Kumara DISSANAYAKE (since 23 September 2024)cabinet: Cabinet appointed by the president in consultation with the prime ministerelection/appointment process: president directly elected by preferential majority popular vote for a 5-year term (eligible for a second term); prime minister appointed by the presidentmost recent election date: 21 September 2024election results: 2024: Anura Kumara DISSANAYAKE elected president; percent of vote after reallocation - Anura Kumara DISSANAYAKE (JVP) 55.9%, Sajith PREMADASA (SJB) 44.1%expected date of next election: 2029note: the president is both chief of state and head of government
Description: legislature name: Parliamentlegislative structure: unicameralnumber of seats: 225 (196 directly elected; 29 indirectly elected)electoral system: proportional representationscope of elections: full renewalterm in office: 5 yearsmost recent election date: 11/14/2024parties elected and seats per party: National People's Power (Jathika Jana Balawegaya, NPP) (159); Samagi Jana Balawegaya (SJB) (40); Other (26)percentage of women in chamber: 9.8%expected date of next election: November 2029
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"