SL economy contracts by 11.8% in 3Q 2022

The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic
Product (GDP) at current price and at constant (2015) price in Production approach and the other
macroeconomic indicators for the third quarter (July 01st to September 30th) of 2022.

The Gross Domestic Product for Sri Lanka for the third quarter of year 2022 at current price reported
as Rs. 6,417,031 million.

The Gross Domestic Product for Sri Lanka for the third quarter of year 2022 at constant price (2015)
reported as Rs. 2,884,018 million.

In the third quarter of year 2022, the percentage change of current price GDP reported as 45.2 percent
and the year on year GDP growth rate reported as negative 11.8 percent.

The overall Agriculture, Industry and Services activities declined by 8.7 percent, 21.2 percent and 2.6
percent respectively, in the third quarter of 2022.

The post SL economy contracts by 11.8% in 3Q 2022 appeared first on Adaderana Biz English | Sri Lanka Business News.

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