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- Sri Lanka's stock market capitalisation in Dec 2022 as a% to Gross Domestic Product (GDP) was 14.86% compared to 10 year high of 36.7% in Dec 2021.
- In Dec 2021, market cap stood at LKR. 5,489 bn (USD 27.5bn) whilst current market cap is LKR 3,888 bn (USD 10.7bn).
- Colombo Stock Exchange (CSE) Market Capitalisation declined more than 30% (LKR terms) and 61% (USD terms) during 2022.
- The GDP of Sri Lanka decreased by 17% to USD 73.74 bn in 2022.
The gross domestic product in current prices in Sri Lanka decreased to 73.74 billion U.S. dollars since the previous year. This means a decline of 15.2 billion U.S. dollars (-17.08 percent) in 2022. Accordingly Sri Lanka's current market capitalisation in USD terms as a% to GDP has fallen to 14.86% in December 2022 from a 10 year high of 36.7% in December 2021.
The All Share Price Index (ASPI) and Standard & Poor’s Sri Lanka 20 (S&P SL 20) index recorded decline of 31 per cent and 38 per cent, respectively, during the year 2022.
Enlarge this imageClick to see fullsize
This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Read More: CSE Market Capitalization decline more than 61% during 2022.
- In Dec 2021, market cap stood at LKR. 5,489 bn (USD 27.5bn) whilst current market cap is LKR 3,888 bn (USD 10.7bn).
- Colombo Stock Exchange (CSE) Market Capitalisation declined more than 30% (LKR terms) and 61% (USD terms) during 2022.
- The GDP of Sri Lanka decreased by 17% to USD 73.74 bn in 2022.
The gross domestic product in current prices in Sri Lanka decreased to 73.74 billion U.S. dollars since the previous year. This means a decline of 15.2 billion U.S. dollars (-17.08 percent) in 2022. Accordingly Sri Lanka's current market capitalisation in USD terms as a% to GDP has fallen to 14.86% in December 2022 from a 10 year high of 36.7% in December 2021.
The All Share Price Index (ASPI) and Standard & Poor’s Sri Lanka 20 (S&P SL 20) index recorded decline of 31 per cent and 38 per cent, respectively, during the year 2022.
Enlarge this imageClick to see fullsize
This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Read More: CSE Market Capitalization decline more than 61% during 2022.
