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Sri Lanka

Welcome to the price transmission page for Sri Lanka. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Sri Lanka

Historic Warnings per Commodity

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Background information

Sri Lanka is a lower middle income country. Following the end of the 26-year civil war in 2009, the country is now experiencing strong economic growth, but also one of the highest government debt shares of the emerging markets. The service sector contributes to around two-thirds of the GDP and for around half of the labor force. As an island in the Indian Ocean, Sri Lanka has a strategic location near major sea lanes.

Around half of the country’s total land area is used for agricultural purposes and around a quarter of the active population is involved in this sector. Agricultural production accounts for almost one-tenth of GDP. Especially rice, sugarcane and grains are important crops. Nevertheless, almost a quarter of the cereals demand is imported.

Despite the growth rates at national level, the country continues to struggle at the household level with the after-effects of the conflict and recurrent natural disasters. Around 1.1 million people are particularly vulnerable and consequently resort to a reduction in intake of food or other activities to deal with deprivations. The GHI (2015) ranks Sri Lanka as a country with serious hunger based on the score 25.25. Especially the wasting indicator is alarmingly high, with around one-fifth of children under the age five being affected.