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Economic Growth and Trade

The country reports stark regional inequalities. For example, the capital, Colombo, and its suburban areas in the Western Province accounted for 43 percent of GDP in 2012, while the former Northern conflict zone and one of the country’s largest provinces, Uva, accounted for less than 5 percent of GDP. To spark much-needed economic growth and promote stability, especially in economically lagging regions, USAID forges partnerships with the private sector. Partnerships with small-, medium- and large-scale private companies in the dairy, poultry, horticulture, leather products, handicraft, pottery and food sectors are creating employment opportunities, promoting investments and improving the business climate in these regions. USAID initiatives help bring economic stability to war widows, female heads of households, the disabled and resettled families by providing financial assistance, equipment, tools and training while promoting market access.

Last updated: January 12, 2016

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