Sri Lanka
Sectors in Sri Lanka
Contributing to more than 60 percent of Sri Lanka’s GDP as of 2016, the services sector is by far the largest generating source of the country’s production. According to the Central Bank of Sri Lanka, the wholesale and retail trade took the largest slice of the services sector, with more than 20 percent of all Services sector’s contributions coming through this trade.
Nevertheless, coming at second place was the Transport and Communication segment, which combined contributed to more than 14 percent of the outcome of the Services industry.
At third place was the country’s fast growing tourism industry, which accounted for roughly around 10 percent of the service industry’s total outcome.
Finally, the banking sector, insurance as well as real estate were at a respectable fourth place and contributed roughly 9 percent to the service industry’s output.