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2025-09-15 20:38:56
Sri Lanka's GDP grew by 4.9% in the second quarter, continuing its economic recovery. (1) Sri Lanka's GDP grew by 4.9% year-on-year in the second quarter of 2025, a slight increase from the previous quarter's 4.8%, marking eight consecutive quarters of positive growth and demonstrating a gradual recovery from its worst financial crisis in decades. (2) Service sector output grew by 3.9% (previous: 2.8%), with IT programming and consulting (+18.7%), financial services (+12.3%), and postal and express delivery (+11.6%) performing particularly well. (3) Agricultural activity grew by 2.0% (previous: -0.7%), driven by animal production (+13.9%), cereal cultivation (+12.4%), plant breeding (+9.5%), and forestry (+9.5%). (4) The industrial sector grew by 5.8% (previous: 9.7%), supported by construction (+8.5%), mining and quarrying (+16.6%), and manufacturing (+3.7%).
