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Home >> Business
UPDATED: 13:02, February 08, 2006
Sri Lankan GDP records 6.4 percent in 1st three quarters of 2005
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Sri Lanka's Gross Domestic Product (GDP) grew by 6.4 percent in the first three quarters of last year, up from the 5.5 percent growth rate recorded at the same period in 2004, Daily News reported Wednesday.

The total government revenue increased by 21.7 percent from January to October 2005, with tax revenue being 271.1 billion rupee (2,711 million U.S. dollars) and non tax revenue being 31.8 billion rupee (318 million dollars).

While the industry sector and the service sector both registered an increase during the period, there was a decline in the agriculture and tourism sectors.

Total domestic government debt by the end of November 2005 was 1,257 billion rupee (12.57 billion dollars) while a year ago it was 1,139.4 billion rupee (11.39 billion dollars).

Total foreign debt by the end of November 2005 was 926.8 billion rupee (9,268 million dollars) and in the previous year it was 960.4 billion rupee (9,604 million dollars).

Source: Xinhua


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