Sri Lanka vs the United States: Economic Indicators Comparison
The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while Sri Lanka ranked 65th with $88.9B. By GDP 5-years average growth and GDP per capita, the United States and Sri Lanka ranked 113th vs 51st and 11th vs 120th, respectively.
Gross Domestic Product & Income
Stat | Sri Lanka | United States |
---|---|---|
GDP | $88.9B | $20.5T |
GDP growth, 1 year | 3% | 2.9% |
GDP growth, 5-years average | 4.2% | 2.4% |
Population | 21.4M | 325.1M |
GDP per capita | $4.1k | $63k |
GDP per capita growth | 2.13% | 2.29% |
Purchasing Power Parity conversion factor | 49.49 | 1 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.3 | 1 |
GDP per capita, PPP adjusted | $13k | $63k |
GNI, Atlas method | $87.9B | $20.6T |
GNI per capita | $4.1k | $63k |
GNI, PPP adjusted | $284.1B | $20.8T |
GNI per capita, PPP adjusted | $13k | $64k |
Financial system and Human development
Stat | Sri Lanka | United States |
---|---|---|
Income Tax Rate | 24% | 37% |
Corporate Tax Rate | 28% | 21% |
Inflation, consumer prices | 4.3% | 2.4% |
Inflation, GDP deflator | 4.3% | 2.4% |
Unemployment | 4.4% | 3.9% |
Economic Freedom Index | 57.4 | 76.6 |
Personal Freedom Index | 5.24 | 8.55 |
Human Freedom Index | 5.69 | 8.39 |
Property Rights Index | 47.7 | 81.8 |
Judical Effectiveness Index | 39.2 | 83.7 |
Business Freedom Index | 76.5 | 83.3 |
Fiscal Health Index | 39.3 | 54.3 |
Labor Freedom Index | 58.6 | 87.9 |
Investment Freedom Index | 40 | 85 |
Financial Freedom Index | 40 | 80 |
Trade Freedom Index | 67.6 | 79.8 |
Monetary Freedom Index | 71.1 | 75.5 |
Government Spending Index | 88.9 | 56.5 |
Tax Burden Index | 84.8 | 74.6 |
Government Integrity Index | 34.7 | 77.2 |
Corruption Perceptions Index | 38 | 71 |
Life expectancy at birth, years | 76.6 | 78.5 |
Suicide mortality rate, per 100,000 people | 14.6 | 15.3 |
Mortality caused by road traffic injury, per 100,000 people | 14.9 | 12.4 |
Intentional homicides, per 100,000 people | 2.3 | 5.3 |
International tourism, number of arrivals | 2.3M | 79.7M |
Government debt & reserves
Stat | Sri Lanka | United States |
---|---|---|
Central government debt, % of GDP | 84.1% | 105.8% |
External debt stocks, % of GNI | 60.8% | N/A |
External debt stocks | $52.6B | N/A |
Short-term debt, % of total reserves | 118.2% | N/A |
Total debt service, % of exports and primary income | 36% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 28.5% | 6.1% |
Gross savings, % of GDP | 25.5% | 18.6% |
Gross capital formation, % of GDP | 28.6% | 21% |
Total reserves including gold | $6.9B | $449.9B |
Foreign direct investment net inflows | $1.6B | $258.4B |
Exports, imports and economic structure
Stat | Sri Lanka | United States |
---|---|---|
Exports of goods and services, % of GDP | 22.8% | 12.2% |
Imports of goods and services, % of GDP | 30.1% | 15.3% |
Current account balance (balance of payments) | -$2.8B | -$491B |
Revenue excluding grants, % of GDP | 13.3% | 17.2% |
Grants excluding technical cooperation, BoP | $182.6M | N/A |
Personal remittances received | $7B | $6.7B |
Industry including construction value added, % of GDP | 27% | 18.2% |
Agriculture, forestry and fishing value added, % of GDP | 7.9% | 0.9% |
Charges for the use of intellectual property, payments BoP | N/A | $56.1B |
Charges for the use of intellectual property, receipts BoP | N/A | $128.7B |
Expense, % of GDP | 16.2% | 22.4% |
Government Expenditure, % of GDP | 19.2% | 38.1% |