Over 50,180 privately owned establishments in SL -Survey | Daily News

Over 50,180 privately owned establishments in SL -Survey

Major findings of the latest Annual Survey of Trade and Services issued by the Census and Statistics Department - indicate that the total number of small, medium and large scale privately owned establishments excluding micro scale units are 50,108, of which more than 40% are engaged in trade.

It also reveals that a total number of 879,900 persons are engaged in these services establishments with a majority of them (71.4%) in service activities other than trade.

More than three fourth of the persons engaged (75.1%) in the trade sector are males. More female participation is observed (34.6%) in the services sector when compared with trade (24.9%) e 75.1 % Feale

The total output of the services sector is Rs 2,104,625 million and the value added of this sector is Rs 1,377,744 million with an input output ratio of 2.9.

The input output ratio in the trade sector is 4.4. The output and value added of this sector are Rs 849,718 million and Rs 654,992 million respectively.

All other services record an output of Rs 1,255 billion and the value added is around Rs 723 billion. The input output ratio of all other services except trade is 2.4.

Majority of establishments are engaged in wholesale and retail trade (42.4%) followed by education (22.2%) and accommodation and food services activities (11.1%). The same pattern is observed in the distribution of persons engaged in Figure 4.3. These three sections alone account for 75.7% of total establishments and 61.4% of persons engaged in small, medium and large scale private establishments in services sector of Sri Lanka.

Although the number of establishments in administrative and support services activities (1,268) are low when compared to other activities, the number of persons engaged in it is higher (108,746).

A comparatively higher number of persons are also engaged in human health and social work activities when compared with the number of establishments.

Female labour force participation in Sri Lanka are reportedly low and it is a major issue that need to be addressed effectively to enhance economic development. In Human Health & Social work Activities and Education sectors female participation is higher than that of males. In fact it is highest in Human Health and Social work Activities (61.2%) followed by Education (59.3%) and Professional, Scientific and Technical Activities (35.3%).

Lowest female participation is reported in Art, entertainment and recreational activities with only 13.1 percent. In Accommodation and Food Services section that accounts for a major part of tourism industry, only 15.5 percent of persons engaged are females. Transport and Storage activities also reported a lower percentage of females (17.8%)

When the total expenditure on salaries and wages is considered the highest percentage of 27.6 is reported for wholesale and retail trade including repair of motor vehicles and motorcycle.

The industry section of accommodation and food service activities and information and communication technology also reported a higher percentage of salaries and wages with 14.9% and 13.8% respectively.

Information and communication activities reported the highest value for salary per person (Rs. 1,296,419) followed by professional, scientific and technical activities (Rs.860,198).

The annual average salary per person in Transportation and storage (642,718) and Real estate activities (Rs. 619,677) that records a higher percentage of male participation are also comparatively higher.


 

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