The report revealed that the value of Sri Lanka’s GDP reached Rs. 3,653 billion in the first quarter of 2026, up from Rs. 3,477 billion recorded in the corresponding quarter of 2025. This represents an increase of Rs. 176 billion year-on-year.
The services sector remained the largest contributor to the economy, accounting for 54.2% of GDP, while the industry sector contributed 27.2%. The agriculture sector accounted for 7.3% of total GDP during the period.
In terms of sectoral performance, the agriculture sector grew by 1.1%, the industry sector expanded by 7.2%, and the services sector recorded growth of 3.4% in the first quarter of 2026.
Among key economic activities, coconut cultivation posted a remarkable 64.8% growth, while insurance services expanded by 22.0%. Meanwhile, the mining and quarrying sector recorded a 19.5% increase compared with the same period last year.
The latest figures indicate continued economic recovery and strengthening growth momentum, driven primarily by robust performance in the services and industrial sectors.
