Sri Lanka vs Zambia: Economic Indicators Comparison

Sri Lanka with a GDP of $88.9B ranked the 65th largest economy in the world, while Zambia ranked 106th with $26.7B. By GDP 5-years average growth and GDP per capita, Sri Lanka and Zambia ranked 51st vs 62nd and 120th vs 157th, respectively.

Gross Domestic Product & Income

StatSri LankaZambia
GDP$88.9B$26.7B
GDP growth, 1 year3%3.5%
GDP growth, 5-years average4.2%3.6%
Population21.4M17.1M
GDP per capita$4.1k$1.5k
GDP per capita growth2.13%0.82%
Purchasing Power Parity conversion factor49.493.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.36
GDP per capita, PPP adjusted$13k$4.1k
GNI, Atlas method$87.9B$24.8B
GNI per capita$4.1k$1.4k
GNI, PPP adjusted$284.1B$71.2B
GNI per capita, PPP adjusted$13k$4.1k

Financial system and Human development

StatSri LankaZambia
Income Tax Rate24%35%
Corporate Tax Rate28%35%
Inflation, consumer prices4.3%7%
Inflation, GDP deflator4.3%9.3%
Unemployment4.4%7.2%
Economic Freedom Index57.453.5
Personal Freedom Index5.246.26
Human Freedom Index5.696.67
Property Rights Index47.745.2
Judical Effectiveness Index39.231.3
Business Freedom Index76.566.4
Fiscal Health Index39.318.4
Labor Freedom Index58.647
Investment Freedom Index4055
Financial Freedom Index4050
Trade Freedom Index67.672.6
Monetary Freedom Index71.172.2
Government Spending Index88.981.7
Tax Burden Index84.873.2
Government Integrity Index34.728.4
Corruption Perceptions Index3835
Life expectancy at birth, years76.663
Suicide mortality rate, per 100,000 people14.66.1
Mortality caused by road traffic injury, per 100,000 people14.924.7
Intentional homicides, per 100,000 people2.35.3
International tourism, number of arrivals2.3M1.1M

Government debt & reserves

StatSri LankaZambia
Central government debt, % of GDP84.1%72.4%
External debt stocks, % of GNI60.8%73.7%
External debt stocks$52.6B$19.1B
Short-term debt, % of total reserves118.2%42.5%
Total debt service, % of exports and primary income36%14.6%
Adjusted net savings including particulate emission damage, % of GNI28.5%9.2%
Gross savings, % of GDP25.5%31.3%
Gross capital formation, % of GDP28.6%38.2%
Total reserves including gold$6.9B$1.6B
Foreign direct investment net inflows$1.6B$408.4M

Exports, imports and economic structure

StatSri LankaZambia
Exports of goods and services, % of GDP22.8%37.4%
Imports of goods and services, % of GDP30.1%38.2%
Current account balance (balance of payments)-$2.8B-$342.3M
Revenue excluding grants, % of GDP13.3%16.9%
Grants excluding technical cooperation, BoP$182.6M$806.4M
Personal remittances received$7B$107M
Industry including construction value added, % of GDP27%36.3%
Agriculture, forestry and fishing value added, % of GDP7.9%2.6%
Charges for the use of intellectual property, payments BoPN/A$35M
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP16.2%20.8%
Government Expenditure, % of GDP19.2%24.7%

Compare with countries close by GDP per capita

Sri Lanka vs

CountryGDP
per capita
Population
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M

Zambia vs

CountryGDP
per capita
Population
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M