9% GDP growth in 2010.
The per capita income of Sri Lanka has doubled since 2005. During the same period, poverty has dropped from 15.2% to 7.6%, unemployment has dropped from 7.2% to 4.9%, market capitalisation of CSE has quadrupled and budget deficit has doubled. 90% of the households in Sri Lanka are electrified, 87.3% of the population have access to safe drinking water and 39% have access to pipe-borne water. Income inequality has also dropped in recent years, indicated by a gini coefficient of 0.36 in 2010. Sri Lanka's cellular subscriber base has shown a staggering 550% growth, from 2005 to 2010. Sri Lanka was the first country in the South Asian region to introduce 3G (Third Generation), 3.5G HSDPA, 3.75G HSUPA and 4G LTE mobile broadband Internet technologies.
The Global Competitiveness Report published by the World Economic Forum has listed Sri Lanka as a transitive economy, from factor-driven stage to efficiency-driven stage, ranking 52nd in the global competitiveness. It also ranked 45th in health and primary education, 32nd in business sophistication, 42nd in innovation and 41st in goods market efficiency out of the 142 countries surveyed. Sri Lanka ranks 8th in the World Giving Index, registering high levels of contentment and charitable behaviour in its society. In 2010, The New York Times placed Sri Lanka at number 1 position in 31 places to visit. Dow Jones classified Sri Lanka as an emerging market in 2010, and Citigroup classified it as a 3G country in February 2011. Sri Lanka ranks well above other South Asian countries in Human Development Index (HDI) with 0.658 points.
Although poverty has reduced by 50% during last 5 years, malnutrition remains a problem among children. 29% of the children under 5 years of age are reported to be underweight. Nearly 58% of infants between 6 and 11 months and 38% of children between 12 and 23 months are anaemic. While Dengue remains the major infectious disease, non-communicable diseasees
