December 16, Colombo (LNW): Sri Lanka’s economy gathered notable momentum in the third quarter of 2025, recording a solid growth rate of 5.4 per cent, based on the latest national accounts data released by the Department of Census and Statistics.
Measured at constant 2015 prices, the country’s Gross Domestic Product rose to Rs. 3,325.6 billion, compared to Rs. 3,154.1 billion during the corresponding period last year, pointing to a steady recovery despite ongoing global and regional economic pressures. At current market prices, overall output expanded to around Rs. 8,400 billion, reflecting a year-on-year increase of 12.6 per cent.
Economic activity was broad-based, with all major sectors contributing to growth. Industry emerged as the strongest performer, expanding by 8.1 per cent, while agriculture grew by 3.6 per cent and services by 3.5 per cent. Net taxes on products also recorded a sharp rise of 13.9 per cent, further lifting overall output.
Industrial growth was driven largely by a rebound in construction, which posted double-digit growth of over 12 per cent, alongside strong gains in mining and quarrying. Manufacturing output also surged, led by significant increases in petroleum-related products and basic metal production, signalling renewed industrial capacity and demand.
Meanwhile, the agriculture sector benefited from improved yields in several key areas. Plant propagation recorded exceptional growth, while coconut cultivation, sugar cane and other non-perennial crops also performed strongly, helping stabilise rural incomes and food supply.
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