GDP in local currency terms reached 15,016 SKR bil in 2019 in Sri Lanka, according to the National Statistical Office. This is 4.52 % more than in the previous year.
Historically, GDP in local currency terms in Sri Lanka reached an all time high of 15,016 SKR bil in 2019 and an all time low of 4.17 SKR bil in 1950. When compared to Sri Lanka's main peers, GDP in local currency terms in India amounted to 203,399 INR bil, 1,511 MYR bil in Malaysia, 88.8 MVR bil in Maldives and 105,012 MMK bil in Myanmar in 2019.
Sri Lanka has been ranked 44th within the group of 174 countries we follow in terms of GDP in local currency terms, 1 places above the position seen 10 years ago.
GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.