Sri Lanka is a diverse and multicultural country with a rich heritage and an extraordinary number of facets. The tropical country is at a defining moment in its history. The conclusion of its civil war in 2009 has ushered in unprecedented growth in the country at an average of over 6% from 2011 to 2015, reflecting a peace dividend and policies that are broadly pro-investment and growth. Doing business in Sri Lanka is expected to be easier. Sri Lanka’s economy transitioned from a previously predominantly rural-based agriculture economy towards a more urbanized economy driven by services.
The services sector, which include wholesale and retail trade, and telecommunications, dominate the economy, followed by the industries sector, which include manufacturing and mining activities. Agriculture, which includes tea and rice cultivation, is also a major contributor to Sri Lanka's economy. Key Sri Lankan exports include textiles, tea and spices and diamonds. Growth is forecast to pick up further in 2017.