Macro-economic Data

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A. Demography and Macroeconomy

A.1 Population
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Total population20.64 million20.48 million20.33 million
WDI
A.1.1
Average household size  3.80
Sri Lanka Housing Census
A.1.3
Urban population (% of total)18.32% of total18.3% of total18.3% of total
WDI
A.1.4
Urban population growth (annual %).87%.78%-2.69%
WDI
A.1.5
A.2 Economy
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
GDP, current prices (U.S. dollars)70,434 USD (millions)65,120 USD (millions)59,408 USD (millions)
WEO
A.2.1
GDP based on PPP valuation of country GDP (Current international dollar)145,951 USD (millions)134,521 USD (millions)124,895 USD (millions)
WEO
A.2.2
GDP per capita, current prices (U.S. dollars)3,359.72 USD 3,127.47 USD 2,875.8 USD
WEO
A.2.3
GDP based on PPP per capita GDP (Current international dollar)6,961.93 USD 6,460.5 USD 6,045.84 USD
WEO
A.2.4
GDP, constant prices (Percent change)6.75%6.25%6.38%
WEO
A.2.5
Inflation, end of period consumer prices (Percent change)6.31%7.43%9.2%
WEO
A.2.6
GDP, deflator (Index)281.57263.42248.89
WEO
A.2.7
Consumer price index126.72122.70195.71
WDI
A.2.8
GINI Index  36.40
WDI
A.2.9
Growth in urban household income (%/year)A.2.13
Employment (% of total laborforce)A.2.14
Unemployed 4.2%4%
WDI
A.2.14.3
Interest Rates:A.2.15
Central bank lending/discount rate15%15%15%
IFS
A.2.15.1
Yield on 3 months treasury bills 10.68%12.1%
IFS
A.2.15.2
Average bank deposit rate7.5%10.23%8.67%
IFS
A.2.15.4
Lending rate7.84%12.62%13.28%
IFS
A.2.15.5
B. Housing Market
B.1 Housing Stock: Production, Transactions
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Number of dwelling units:B.1.1
Total  5.91 million
Sri Lanka Housing Census
B.1.1.1
Percentage of vacant units  .71% of total
Sri Lanka Housing Census
B.1.2
Characteristics of housing stock:B.1.3
% of substandard dwelling units  15.1% of total
Sri Lanka Housing Census
B.1.3.2
Tenure in urban areas (%):B.1.4
Owner-occupied units  82.1% of totalB.1.4.1
Estimated Number of units completed/yearB.1.5
B.2 Housing Prices and Cost for Urban Areas or Capital City
VariableEnd of 2014End of 2013End of 2012SourcesVar ID
Median urban house price in USD:B.2.1
Median house price to median annual HH income:B.2.2
Annual average % change in median house prices:B.2.3
M2 construction cost for median quality houseB.2.4


back to top | Country Data:
Notes: 2010 = 100
Notes: 2010 = 100
Notes: Bank of Ceylon's Housing Loan Scheme
Notes: Data available only till September 2013.
Notes: Domestic Credit Figure = 1630858 Rs. Mn. http://www.cbsl.gov.lk/pics_n_docs/10_pub/_docs/statistics/monthly_bulletin/Monthly_Bulletin_2012/bulletin_mar12e.pdf
Notes: Domestic Credit Figure = 1920515 Rs. mn. http://www.cbsl.gov.lk/pics_n_docs/10_pub/_docs/statistics/monthly_bulletin/Monthly_Bulletin_2013/bulletin_mar13e.pdf
Notes: Domestic Credit Figure = 2628418 Rs. mn. http://www.cbsl.gov.lk/pics_n_docs/10_pub/_docs/statistics/monthly_bulletin/Monthly_Bulletin_2013/bulletin_mar13e.pdf
Notes: Domestic Credit Figure = 3176184 Rs. mn. http://www.cbsl.gov.lk/pics_n_docs/10_pub/_docs/statistics/monthly_bulletin/Monthly_Bulletin_2013/bulletin_mar13e.pdf
Notes: Houses with Mud, Wood, Sand and Concrete as floor material.
Notes: Maximum payment for loan servicing should not exceed 40% of monthly income, including all fixed commitments
Notes: Micro finance loans are offered for housing repairs and improvements
Notes: National Percentage
Notes: Sri Lanka Insurance is a state-owned company which provides mortgage protection insurance
Notes: Sri Lanka Insurance is a state-owned company which provides mortgage protection insurance
Notes: Table 68 - Commercial Banks' Loans and Advances to the Private Sector - Personal Housing including Purchasing/Construction/Repairs = 160133 Rs. Mn.
Notes: Table 68 - Commercial Banks' Loans and Advances to the Private Sector Personal Housing including Purchasing/Construction/Repairs = 133315 Rs. Mn.
Notes: Table 68 - Commercial Banks' Loans and Advances to the Private Sector Personal Housing including Purchasing/Construction/Repairs = 136083 Rs. Mn.
Notes: Table 69A - Commercial Banks' Loans and Advances to the Private Sector Personal Housing including Purchasing/Construction/Repairs = 112756 Rs. Mn.
Notes: This is for employed persons. For self-employed it is fifteen years