Employment Rate in Sri Lanka decreased to 94.30 percent in the first quarter of 2020 from 95.50 percent in the fourth quarter of 2019. source: Central Bank of Sri Lanka

Employment Rate in Sri Lanka averaged 94.91 percent from 2004 until 2020, reaching an all time high of 96.30 percent in the third quarter of 2011 and a record low of 91 percent in the second quarter of 2004. This page provides - Sri Lanka Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Employment Rate - values, historical data and charts - was last updated on December of 2020.

Employment Rate in Sri Lanka is expected to be 93.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Sri Lanka to stand at 94.00 in 12 months time. In the long-term, the Sri Lanka Employment Rate is projected to trend around 95.00 percent in 2021 and 96.00 percent in 2022, according to our econometric models.

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Sri Lanka Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
94.30 95.50 96.30 91.00 2004 - 2020 percent Quarterly

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.70 16.60 3.70 percent [+]
Employed Persons 7977000.00 8020446.00 8554179.00 4962105.00 [+]
Unemployed Persons 458359.00 483172.00 953794.00 282648.00 [+]
Labor Force Participation Rate 50.20 51.00 54.70 46.90 percent [+]
Population 21.90 21.67 21.90 9.87 Million [+]
Youth Unemployment Rate 27.70 26.80 38.10 15.40 percent [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]
Employment Rate 94.30 95.50 96.30 91.00 percent [+]