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CB releases provincial gross domestic product estimates for 2019

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21 December 2020 09:24 am - 0     - {{hitsCtrl.values.hits}}

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The Western province secured the largest share (39.1 per cent) of the country’s nominal gross domestic product (GDP). However, due to improved contribution from the other provinces, the share declined by 0.5 percent from 2018. The Central (11.5 percent) and North Western (10.7 per cent) provinces were ranked at the second and third positions, respectively. 


The provincial gross domestic product (PGDP) shares increased in the Northern, Eastern, North Western and Sabaragamuwa provinces while in the Western, Central, Southern, North Central and Uva provinces, the share decreases could be observed year-on-year. 

 


Provincial contribution to economic activities 
All the provinces have contributed fairly in terms of the agricultural activities, ranging from 8.4 percent to 15.9 percent, whereas the Southern, North Western and Central provinces were the top contributors to the agricultural activities of the country (Figure 2). 


The Western province has dominated the industry activities with a contribution of 45.8 percent while the Central and North Western provinces became the second and third highest contributors. 


In terms of services activities, the Western province recorded the highest contribution of 39.6 percent while the Central and Southern provinces had the second and third highest contributions. 


As shown in Table 2, compared to the previous year, the Northern and North Western provinces have increased their shares across the three activities. On the contrary, the Central and North Central provinces’ shares in all the activities have declined from the previous year while the other provinces have shown a mixed performance. 


Economic activities within provinces 
All the provinces, except the Northern province, have dominant services activities with over 50 percent contribution. The industry activities in all provinces are positioned next to the services activities, ranging from 16.7 percent to 32.1 percent while the agricultural activities range from 1.9 percent to 15.1 percent across the provinces, as shown in Figure 3.


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