Sri Lanka

The fast growing “Maritime Hub” in the
Indian Ocean

Factsheet

Official Name

Democratic Socialist Republic of Sri Lanka

Government Type

Republic

Dimensions

430 km North to South, 225 km East to West

Coastline

1,340 km

Area

65,525 sq. km

Currency (code)

Sri Lankan Rupee (LKR)

Independence

Feb. 4, 1948

Administrative Capital

Sri Jayewardenepura

Commercial Capital

Colombo

Climate

Typically tropical, with a northeast monsoon (December to March) bringing unsettled weather to the north and east, and a southwest monsoon (June to October) bringing bad weather to the south and west.

Terrain

Mostly low, flat to rolling plain; Mountains in south-central interior

Population

20,263,723

Population Growth Rate

0.7%

Population Density

323 people per sq. km

Life Expectancy at Birth

74 years (female); 64 years (male)

Literacy Rate

Female 87.9%; Male 92.5%

Ethnicity

Sinhalese 74.9%; Sri Lanka Tamil 11.2%; Indian Tamil 4.2%; Sri Lanka Moor 9.2%; Burgher 0.2%; Malay 0.2%; Other 0.1 (2012 Census)

Languages

Sinhala (official and national language); Tamil (official and national language); English (a link language)

Religions

Buddhist 70.2%; Hindu 12.6%; Islam 9.7%; Roman Catholic 6.1; Other 1.3% (2012 Census)

Time Zone

Sri Lanka Standard Time is five and a half hours ahead of GMT (allowance should be made for summer-time changes in Europe)

International Dialing

+94

Economy

Sri Lanka’s most dynamic sectors are food processing, textiles and apparel, food and beverages, port construction, telecommunications, insurance and banking. In 2006, plantation crops made up only 15% of exports (90% in 1970), while textiles and garments accounted for more than 60%. About 800,000 Sri Lankans work abroad, 90% of them in the Middle East. They send home more than US$1 billion every year

Labour Force

Based on 2012 data, Sri Lanka has an economically active population of nearly 8.5 million of which 31% is employed in agriculture, 26.1% in the industry sector and 42.9% in the service sector. The unemployment rate is 4.0%

Agriculture & Products

Rice, sugarcane, grains, pulses, oilseed, spices, tea, rubber, coconuts, milk, eggs, fish

Industries

Processing of rubber, tea, coconuts, tobacco and other agricultural commodities;  Telecommunications, insurance and banking; Clothing, textiles, cement and petroleum refining

Exports

Textiles and apparel; Tea and spices; Diamonds, emeralds and rubies; Coconut products, rubber manufactures and fish

Imports

Main import commodities are textile fabrics, mineral products, petroleum, foodstuffs, and machinery and transportation equipment: $10.61 billion f.o.b. (2007 est.). Percentage of main commodities from main import partners: India 19.6%, China 10.5%, Singapore 8.8%, Iran 5.7%, Malaysia 5.1%, Hong Kong 4.2%, Japan 4.1% (2006)

Source: Sri Lanka Tourism, Sri Lanka Department of Census and Statistics

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