GDP per Capita: Sri Lanka

Analysis# Sri Lanka GDP per Capita Sri Lanka's GDP per capita reached $4,324.87 in 2024, recovering from a sharp decline but remaining below its all-time peak of $4,401.06 in 2017. Since 1980, the metric has expanded by 1,195%, climbing from just $333.92 to its current level—a remarkable long-term gain despite recent volatility. The nation has sustained moderate income levels across four decades, positioning itself within the lower-middle-income range globally. The period from 2017 to 2022 marked a significant contraction, with GDP per capita plummeting 24% to $3,330.29 as economic pressures mounted. Recovery began in 2023 and accelerated in 2024, suggesting stabilization and renewed growth momentum. The recent rebound indicates potential return to pre-crisis levels, though sustained policy reforms will determine whether Sri Lanka can exceed its 2017 peak in the coming years.