City Profile - Colombo; Comprehensive Overview of the City, Pest Analysis and Analysis of Key Industries Including Technology, Tourism and Hospitality, Construction and Retail

“City Profile - Colombo” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting Colombo.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

In 2022, Colombo District contributed 10.9% to Sri Lanka's GDP. As a bustling port city, Colombo thrives on trade, logistics, and tourism. However, the Sri Lankan economy faced severe challenges in 2022, grappling with high inflation and dwindling foreign reserves, leading to ongoing turmoil in 2023. Service sector is a major contributor to the overall GVA of area’s economy accounting for 62.8% in 2022.

Scope

• The service sector remains the key contributor to Colombo District’s economy and the major employer.
• Colombo is a key tourist destination for both domestic and international tourists and witnessed a significant growth.

Reasons to Buy

• Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
• Analyze and understand the business environment in the city to align your investment and expansion strategies.
• The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
• Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.