Western, North Western and Central Provinces Continued to Anchor the Sri Lankan Economy
Western province increased its share in nominal GDP to 43.4 per cent, continuously tightening the grip on the country’s economy during 2022. The strong presence of the Western province is visible in most of the economic activities, especially in Services and Industry sectors. Thereafter, North Western (11.2 per cent) and Central (10.0 per cent) provinces recorded second and third highest shares in the economy, respectively.
The contributions to nominal GDP from Western, North Western and Uva provinces increased in 2022 compared to 2021, while that of North Central province remained unchanged. Moreover, the Nominal GDP of all the provinces grew substantially during the year, mainly attributable to the significant increase in price levels.