Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Communications Department 30, Janadhipathi Mawatha, Colombo 01, Sri Lanka. Tel : 2477424, 2477423, 2477311 Fax: 2346257, 2477739 E-mail: [email protected], [email protected] Web: www.cbsl.gov.lk Press Release Issued By Date Statistics Department 12-07-2011 Provincial Gross Domestic Product - 2010 Provincial Gross Domestic Product (PGDP) for 2010 has been compiled by the Statistics Department of Central Bank of Sri Lanka (CBSL), based on the disaggregation of the Gross Domestic Product (GDP) estimated by the Department of Census and Statistics (DCS). In 2010 the GDP at current prices grew by 15.9 per cent, and reached Rs. 5,602 billion with a per capita income of Rs. 271,259 equivalent to US$ 2,399. It’s disaggregation across provinces is given in Table 1. Table 1 North Western North Central Uva S'gamuwa Island Per capita income (Rs '000) Per capita income ratio3 (%) Eastern GDP Share (%) Northern GDP Growth (%) Southern GDP (Rs.Bn) 2009 2,216 473 509 156 279 466 221 219 295 4,835 2010 2,525 558 600 192 332 528 266 252 351 5,602 2009 10.6 9.9 9.5 12.1 13.4 6.3 7.0 9.6 4.7 9.6 2010 13.9 17.9 17.9 22.9 18.7 13.2 20.3 14.8 19.1 15.9 2009 45.8 9.8 10.5 3.2 5.8 9.6 4.6 4.5 6.1 100.0 2010 45.1 10.0 10.7 3.4 5.9 9.4 4.8 4.5 6.3 100.0 2009 381 178 206 131 182 201 181 168 153 236 2010 430 208 241 161 212 225 215 190 181 271 2009 1.6 0.8 0.9 0.6 0.8 0.8 0.8 0.7 0.6 1.0 2010 1.6 0.8 0.9 0.6 0.8 0.8 0.8 0.7 0.7 1.0 Year Western Item/Province Central Salient Features of the Gross Domestic Product (at current market prices) by Provinces – 20091 and 20102 1. Revised 2. Provisional 3. Ratio between per capita income of the province to that of all Island 1 The Western province, made the highest contribution to GDP in 2010. However its share in GDP reduced to 45.1 per cent from 45.8 per cent in 2009. As in 2009, Southern province provided the second highest contribution which was 10.7 per cent, an increase compared to 10.5 per cent in 2009. The Central province provided the third highest contribution maintaining its relative position compared to 2009 and managing to increase its GDP contribution to 10.0 per cent in 2010. However, the contribution of the North Western province declined to 9.4 per cent in 2010 from 9.6 per cent in 2009. The contributions to GDP from Northern, Eastern, North Central and Sabaragamuwa provinces increased in 2010 while that of the Uva province was unchanged. In line with improvements in country’s economic environment, all the provinces have reported a double digit growth rate in 2010. Reflecting the rapid expansion in income generating activities in the Northern province, GDP growth rate was highest in the province at 22.9 per cent. It’s contribution to GDP also increased from 3.2 per cent in 2009 to 3.4 per cent in 2010. The North Central province has reported a 20.3 per cent GDP growth rate which is the second highest among all the provinces. Sabaragamuwa and Eastern provinces also reported high GDP growth rates of 19.1 and 18.7 respectively. As in the past, the Western province contributed significantly to GDP in the country, as most of the economic activities that relate to sea port, air ports, banking and financial institutions and business centers are still centralized in the province. Even though the Western province accounts for the highest share of GDP by far, the slight reduction in its relative share in 2010 indicates a further reduction in the disparity among provinces. Chart 1 Gross Domestic Product Share by Province 2 The per capita income in the Western province which stood at US$ 3,808 (Rs. 430,488) was 1.6 times the national per capita income in 2010. Per capita income in all other provinces continued to fall below the national per capita income. Also in all provinces, this ratio was unchanged except in the Sabaragamuwa province where the relevant ratio increased. Chart 2 Per Capita Income by Province S'gamuw a 19.2 17.3 18.3 22.9 18.8 30.7 30.7 19.9 12.7 2010 3.0 18.2 16.7 16.0 22.3 18.3 29.8 32.6 21.8 12.8 Indus try 2009 33.0 27.2 32.1 9.3 33.5 29.5 19.9 20.4 25.7 29.7 2010 31.9 28.8 34.8 14.2 29.3 30.9 20.2 19.1 24.4 29.4 Servic es 2009 64.2 53.7 50.6 72.3 43.6 51.7 49.4 48.9 54.4 57.6 2010 65.1 53.0 48.5 69.8 48.4 50.8 50.0 48.3 53.8 57.8 Island 2.8 Uva North Central 2009 Eastern North Western Northern Southern Agric ulture Central Western Table 2 GDP Composition of the Provinces The sectoral contribution to GDP of the provinces is shown in Table 2. There are considerable variations in the structure of GDP across the provinces. Agriculture accounted for just 3 per cent of GDP in Western province in 2010, whereas it accounted for over 16 per cent of GDP in the other provinces. In the Uva province agriculture accounted for more than 30 per cent of GDP. In all provinces industry accounted for between 14.2 per cent and 34.8 per cent of GDP in 2010. Services sector was the most dominant single 3 sector accounting for between 48.3 per cent and 69.8 per cent of the GDP in the different provinces. The contribution of the agriculture sector to GDP of the Western, Uva and Sabaragamuwa provinces increased in 2010 compared to 2009, while that of the other provinces decreased. The contribution from the industry sector declined in the Western, Eastern, Uva and Sabragamuwa provinces in 2010 but expanded in the other provinces. The greatest contribution to GDP from this sector was observed in the Southern province. Despite the contribution from the industry sector to GDP being lowest in Northern province, the province experienced the greatest expansion in its contribution during the period 2009- 2010. Meanwhile the contribution from the service sector increased in the Western, Eastern and North Central provinces but declined in all other provinces during 2010. 4