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Sri Lanka and ADB

ADB is assisting Sri Lanka’s economic recovery from COVID-19 and supporting the country’s inclusive and sustainable development through investments in key sectors.

In the Spotlight

ADB assisted Sri Lanka's rehabilitation from the damages and neglect during 3 decades of civil war.

The Serendipity Knowledge Program is an ADB platform dedicated to knowledge solutions.

ADB repurposed funds from existing projects and is helping the import of essential items, financing support for small and medium-sized enterprises, and livelihood development in the agriculture sector.

Sri Lanka Facts

ADB's Work in Sri Lanka

Sri Lanka’s economy showed an uptick in the first half of 2021, but a subsequent surge in COVID-19 cases and mobility restrictions hindered a stronger recovery. GDP growth in 2021 clocked 3.7% after a contraction of 3.6% in 2020. Before the pandemic, GDP annual growth averaged 3.7% from 2015 to 2019 as the economy was hit by shocks, including disasters caused by natural hazards, a political crisis, and terror attacks.

To date, ADB has committed 479 public sector loans, grants, and technical assistance totaling $11 billion to Sri Lanka. Cumulative loan and grant disbursements to Sri Lanka amount to $8.64 billion. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and other special funds. ADB’s ongoing sovereign portfolio in Sri Lanka includes 46 loans and 2 grants worth $4.4 billion.

Data: Sri Lanka

Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.

Development indicators for Sri Lanka, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.

Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.

Contact: Sri Lanka Resident Mission (SLRM)

23, Independence Avenue Colombo 7, Sri Lanka

  Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)

  Tel +94 11 4455455 / 2674499
  +94 11 4455499 / 11-2674488

Chen CHEN (Mr)
Country Director
Senior Operations Assistant (Country Director's Assistant)
Utsav KUMAR (Mr)
Senior Country Economist
Jayamali RANAWEERA (Ms)
Head, Disbursement Unit
Senior Private Sector Development Officer (PPP Focal Point)
Roshani YOGARAJAH (Ms)
Senior External Relations Officer

Established in 1997, Sri Lanka Resident Mission's primary responsibilities include:

  • Initiate and maintain dialogue with the government on issues that are relevant to ADB operations in the country
  • Strengthen project processing and portfolio management
  • Prepare the country partnership strategy and country operations business plan
  • Strengthen working relations with development partners, academia, and the private sector
  • Plan and prepare ADB's economic and sector work for Sri Lanka
  • Promote external relations and disseminate information about ADB and its operations

SLRM will be closed on these dates:

Last updated: 12 December 2022