Country Economic Forecasts > Sri Lanka - Oxford Economics Services

Country Economic Forecasts > Sri Lanka

Country Economic Forecasts > Sri Lanka - Oxford Economics Services
Country Economic Forecasts > Sri Lanka
Published Oct 15, 2015
5 pages — Published Oct 15, 2015
Price US$ 185.00  |  Buy this Report Now

About This Report

  
Abstract:

Weaker world trade and slower growth ingovernment-led construction (as a result of a number of corruptioninvestigations) have led us to downgrade our 2015 GDP growth forecast for SriLanka from 7.5% to 6.2%, a sizeable slowdown from 7.4% in 2014. Exports, a keyengine of growth, have suffered this year; in the first seven months, farm exportsfell more than 7% on the year due to bad weather, while industrial exports rosejust 1.4% as a result of weak demand, particularly from the rest of Asia. Weexpect farming exports to rebound in H2 2015, while demand for manufacturingproducts should also pick up, supported by rising demand from the US and the EU.The combination of high import needs and softer exports means that we expectthe current account deficit to widen again this year, after narrowing to lessthan 3% of GDP in 2014 from 7.9% in 2011. However, tourism, which has grownstrongly since the civil war ended in 2009, should limit the deterioration. Servicesexports grew 14% on the year in H1 2015, and in the first nine months of theyear Sri Lanka welcomed 1.3 million tourists (up 18.8% on the year). Despitethe expected slowdown this year, we forecast that stronger tourism andcontinued industry and infrastructure spending should support GDP growth of some6.5% over the medium term.

  
Source:
Document ID
318306
Country
Format:
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Sections

Title
Sri Lanka:
The following represents a general Table of Contents outline for the Country Economic
Forecast. The actual report may cover any or all of the topics listed below.
- Highlights and Key Issues - four/five paragraphs of analysis covering the
main economic and political issues contained in the subsequent Economic Overview
- Forecast Table showing % changes for the country - with 2 years of historical
data and 4 years of forecast data for the following:
- Domestic demand
- Private consumption
- Fixed investment
- Stockbuilding (% of GDP)
- Government consumption
- Exports of goods and services
- Imports of goods and services
- Unemployment
- Consumer prices
- Current account balance (US$ and % of GDP)
- Government budget (% of GDP)
- Short-term interest rates (%)
- Long-term interest rates (%)
- Exchange rate (vs. US dollar)
- Exchange rate (vs. euro)
- Economic Overview - two pages of events-driven analysis highlighting the
most recent economic activity and, where relevant, political developments of the
country, detailing significant changes to Oxford Economics' forecasts
- Charts and Tables - covering a full range of economic developments relevant
to the time period covered. These could include such topics as:
- Contributions to GDP growth
- Monthly industrial output
- Business and consumer confidence
- Unemployment rate
- Retail sales
- Prices and earnings
- Consumption and investment
- Government balance and debt
- GDP and industrial production
- Monetary policy and bond yields
- Background Information on the country
- One or two pages of text covering the main historical political and economic factors
that determine the country's current position
- Key Facts on the country
- Map of the country
- Key political facts
- Long-term economic and social development - changes since 1980
- Structure of GDP by output - latest year
- Long-term sovereign credit ratings and outlook
- Corruption perceptions index- latest year
- Structural economic indicators - changes since 1990
- Destination of goods' exports -prior years - latest year
- Composition of goods & services exports - latest year

Table Of Contents

Oxford Economics Services—Oxford Economics is a leading economic forecasting consultancy, producing macroeconomic and industry forecasts, analysis and data on 175 countries.

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Cite this Report

  
MLA:
Oxford Economics Services. "Country Economic Forecasts > Sri Lanka" Oct 15, 2015. Alacra Store. Nov 04, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Sri-Lanka-2111-5471>
  
APA:
Oxford Economics Services. (2015). Country Economic Forecasts > Sri Lanka Oct 15, 2015. New York, NY: Alacra Store. Retrieved Nov 04, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Services/Country-Economic-Forecasts-gt-Sri-Lanka-2111-5471>
  
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