Tuesday, October 31, 2017

Per capita income up in all provinces

 The per capita income increased in all provinces while only that of the Western province exceeded the national value in both years.

The ratio between provincial per capita income and the national per capita income is also given in and as it reflects the ratios remained unchanged both in 2015 and 2016.

All provinces recorded positive nominal growth rates in 2016, with the Uva province recording the highest growth rate of 12.4 per cent in nominal terms. The second and the third highest growth rates of 9.5 per cent and 8.9 per cent were recorded from the Northern and the Eastern Provinces respectively.

Except for the Central, the North Western and the Western provinces, contribution from industry activities to PGDP increased in all other provinces.

In 2016, the largest contribution to PGDP from industry activities was recorded from the Western province while the lowest share was reported from the Southern province.

The Services activities play a major role in all provinces with contributions between 51.1 per cent and 61.6 per cent of the PGDP in 2016.

However, when compared to 2015, the contribution from the services activities increased in the North Central, the North Western and the Western provinces, but declined in all other provinces during 2016.

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