Issuing a communiqué, on releasing National Accounts Estimates, the DCS states that the GDP growth rate for the year 2024 has been estimated as 5.0 percent of positive growth rate.
Accordingly, the Gross Domestic Product for Sri Lanka for the year 2024 at constant price (2015) increased up to Rs. 12,472,469 million from Rs. 11,877,556 million which was recorded in the year 2023.
In addition, the Gross Domestic Product of Sri Lanka for the year 2024 at current price increased up to Rs. 29,898,564 million from Rs. 27,419,804 million registering 9.0 percent of positive change in the GDP at current prices.
The three major economic activities of the economy; ‘Agriculture’, ‘Industry’ and ‘Services’ contributed their share to the GDP at current prices by 8.3 percent, 25.5 percent and 57.5 percent respectively, while ‘Taxes less subsidies on products’ component has contributed 8.7 percent of share to the GDP in 2024.
The GDP growth rate for the fourth quarter 2024 is estimated as 5.4 percent of positive growth rate.