Sri Lanka’s Provincial Gross Domestic Product (PGDP) data for 2024 highlights the continued dominance of the Western Province in the national economy, while other provinces recorded notable increases in their contributions.
According to official figures from the Central Bank of Sri Lanka, the Western Province accounted for 42.4 per cent of the country’s nominal GDP in 2024, maintaining its position as the largest contributor. The province’s prominence was driven by strong activity across both the Services and Industry sectors.
The North Western Province followed with an 11.5 per cent share, while the Central Province contributed 10.7 per cent, making them the second and third highest contributors to the economy.
Contributions from the Central, Eastern, North Western, Sabaragamuwa, and Uva provinces also increased compared with 2023, reflecting a broader distribution of economic activity across the country.
In terms of sectoral contributions, the North Western Province led agricultural activities, accounting for 20.0 per cent of the national total. The Central Province (13.9 per cent) and Southern Province (11.8 per cent) were the next highest contributors to agriculture.
Industry activities remained concentrated in the Western Province, which contributed 47.6 per cent of the total industry value. The North Western Province (12.0 per cent) and Central Province (9.6 per cent) followed as key contributors.
Meanwhile, the Western Province also led services activities, accounting for 44.5 per cent of the national total. The Central Province contributed 10.7 per cent, while the North Western Province added 10.1 per cent.
The data underscores the Western Province’s continued economic dominance, while also highlighting the growing role of other provinces in shaping Sri Lanka’s overall economic landscape. (Newswire)
