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City Profile - Colombo; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

July 2023 | 33 pages | ID: C44E48E05DCEN
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City Profile %li%Colombo; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

Summary

“City Profile %li%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.
1. CITY SNAPSHOT

2. PEST ANALYSIS

2.1 Political
2.2 Economic
2.3 Social

3. TECHNOLOGY AND INFRASTRUCTURE

3.1 Communications
3.2 Internal Transport Networks
3.3 Connectivity
3.4 Airport
3.5 Port

4. BUSINESS ENVIRONMENT ANALYSIS

5. TRAVEL AND TOURISM

5.1 Tourism Flows
5.2 Hotels
5.3 Attractions
5.4 Events

6. CONSTRUCTION AND REAL ESTATE

6.1 Investment
6.2 Real Estate Market

7. RETAIL

7.1 Retail Market
7.2 Consumption, Income and Prices
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LIST OF TABLES

Table 1: Colombo district- key facts (estimates), 2022
Table 2: Colombo district- real GDP and real GDP growth, 2000-30
Table 3: Colombo district- economic growth comparison (Index 2010=100), 2000-30
Table 4: Colombo district- GDP per capita comparison, 2000-30 ($)
Table 5: Colombo district- employment structure, 2000-30 (% of total)
Table 6: Colombo district - main universities, 2022
Table 7: Colombo district - population comparison, 2000-30 (million)
Table 8: Colombo district - population by age, 2000-30 (% of total)
Table 9: Colombo district- Bandaranaike International Airport key indicators, 2015-22
Table 10: Sri Lanka- international tourist arrivals, 2019-23* (number)
Table 11: Colombo district - guest nights in tourist hotels, 2014-19 (number)
Table 12: Colombo district - MICE and other events

LIST OF FIGURES

Figure 1: Colombo district- real GDP and real GDP growth, 2000-30
Figure 2: Colombo district- economic growth comparison (Index 2010=100), 2000-30
Figure 3: Colombo district- GDP per capita comparison, 2000-30
Figure 4: Colombo district- employment structure, 2000-30 (% of total)
Figure 5: Colombo district - population comparison, 2000-30
Figure 6: Colombo district - population by age, 2000-30 (% of total)


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