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Current Economic Information |
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30th July, 2010 |
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GDP growth rate (2009): 3.5 percent
GDP growth rate (2010: 1st Quarter): 7.1
Per-capita GDP:
Current Market Prices: Rs. 235,945 (U$ 2053)
At Purchasing Power Parity: Rs. 517,171 (US$ 4500)
Treasury bill rate (12 month): 9.09% (July 2010)
The Annual Average inflation rate (2010): 3.9 percent
Inflation (CCPI) (Y-Y) (June 2010): 4.8 percent
Total Investment (2009): 24.5 percent of GDP
(Government: 6.6 percent; Private 17.9 percent)
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GDP growth rate was 1.5 percent for the first quarter of 2009 |
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8th September, 2009 |
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The GDP growth rate was 1.5 percent for the first quarter of 2009. The three main sectors of Agriculture, Industry and Services of GDP grew by 3.0 percent, 1.9 percent and 1.0 percent respectively
This economic performance has to be considered as a very satisfactory achievement considering the existing global economic recession. With this situation the second quarter 2009 would most probably indicate better performance than the first quarter on the basis of the available information and it would show upward turn of the GDP growth rate from the first quarter 2009.
The annual average inflation rate based on GDP implicit price indicator is 5.4 percent for the reference period. The CCPI reported 7.8 percent increase for the reference period. (source: Department of Census and Statistics)
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1st January, 1970 |
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