
Sri Lanka

Sri Lanka
Population
21,756,000 (2025)
Average Monthly Net Salary (USD)
285
Average Mortgage Rate
13.50%
Annual GDP (USD)
108,825,231,671 (2025)
National Debt (USD)
91,240,000,000 (2025)
Unemployment Rate
4.00% (2025)
Armed Forces (active & reserve)
300,500
Military Expenditure (% GDP)
1.43% (2024)
Fertility Rate
1.95 (2024)
Life Expectancy at birth
77.7 years (2024)
Population Growth
-0.73% (2025)
Net Migration
-30,724 (2025)
Notable Facts
The Democratic Socialist Republic of Sri Lanka is a sovereign island nation situated in the Indian Ocean, separated from the southeastern coast of the Indian subcontinent by the Palk Strait and the Gulf of Mannar. Its geomorphology is characterized by a central mountainous massif surrounded by broad coastal plains. These plains are most extensive in the northern half of the island, while the south-central region contains peaks exceeding 2,500 meters. The island’s strategic location along major sea lanes between Europe, the Middle East, and East Asia has historically made it a vital maritime hub. It maintains a maritime search and rescue zone and an exclusive economic zone that is significantly larger than its landmass, providing the state with substantial potential for maritime resource development and transshipment services.
The executive branch of the government is led by a President who serves as both the chief of state and the head of government. Under the 1978 Constitution, the President is directly elected by the citizenry for a five-year term and holds the power to appoint the Prime Minister and the Cabinet from among the members of Parliament. The legislative branch consists of a unicameral Parliament with 225 seats, where members are elected through a proportional representation system. This political structure was designed to balance executive authority with legislative oversight, although the balance of power has shifted through various constitutional amendments over the decades. The administrative framework of the country is divided into nine provinces, which are further subdivided into 25 districts to facilitate localized governance and service delivery.
Sri Lanka’s legal system is a complex integration of several distinct legal traditions, reflecting its diverse historical influences. The primary foundation is Roman-Dutch law, which was introduced during the Dutch colonial period and continues to govern matters of property, contracts, and torts. This is overlaid with English Common Law, which provides the basis for the criminal justice system, commercial law, and the structure of the judiciary. Additionally, the country recognizes specific customary laws that apply to certain ethnic or religious communities. These include Kandyan Law for the Sinhalese of the central highlands, Thesavalamai Law for the Tamil inhabitants of the Jaffna Peninsula, and Muslim Law for the Islamic community, particularly concerning marriage, inheritance, and personal status.