Markets Actual Q3 Q4 Q1 Q2 2020
Currency 175.80 177 178 178 179 180
Stock Market (points) 5663.24 5335 5298 5262 5226 5154
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.70 2.9 3.3 3.5 3.1 3.8
Inflation Rate (%) 3.80 4.4 4.6 4.4 4.6 4.7
Interest Rate (%) 7.50 7.5 7 6.5 6.5 6.5
Balance of Trade (USD Million) -823.00 -670 -910 -910 -910 -820
Current Account (USD Million) 423.20 -370 -1090 -650 -900 -810
Current Account to GDP (%) -3.00 -2.7 -2.7 -2.5 -2.5 -2.5
Government Debt to GDP (%) 82.90 75 75 72 72 72
Government Budget (% of GDP) -5.30 -5.9 -5.9 -6.3 -6.3 -6.3
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 16.00 17 17 17 17 17
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.70 2.9 3.3 3.5 3.1 3.8
GDP (USD Billion) 88.90 94.8 94.8 96.1 96.1 96.1
GDP Constant Prices (LKR Million) 2326273.00 2471098 2747371 2755412 2774175 2835287
Gross National Product (LKR Million) 14047307.00 13217346 14398490 14440632 14538963 14859241
Gross Fixed Capital Formation (LKR Million) 3707078.50 3544149 3799755 3810877 3836826 3921348
GDP per capita (USD) 3936.50 4230 4230 4350 4350 4350
GDP per capita PPP (USD) 11955.50 12150 12150 12303 12303 12303
GDP From Agriculture (LKR Million) 162364.00 172099 191525 192086 193394 197654
GDP From Construction (LKR Million) 177851.00 161313 175371 175885 177082 180983
GDP From Manufacturing (LKR Million) 348130.00 394233 356833 357878 360315 368252
GDP From Mining (LKR Million) 62670.00 53825 58621 58792 59193 60497
GDP From Public Administration (LKR Million) 97321.00 109034 126536 126907 127771 130585
GDP From Services (LKR Million) 1335470.00 1438825 1506646 1511056 1521345 1554859
GDP From Transport (LKR Million) 232601.00 282297 328559 329520 331764 339072
GDP From Utilities (LKR Million) 25028.00 25590 25063 25137 25308 25865
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployed Persons 399784.00 348000 355000 355000 355000 349000
Labor Force Participation Rate (%) 52.60 54.2 53.8 53.8 53.8 51.9
Population (Million) 21.67 21.9 21.68 21.92 21.92 21.92
Wages High Skilled (LKR/Month) 57500.00 61900 61900 61900 61900 62500
Wages Low Skilled (LKR/Month) 21500.00 25800 25800 25800 25800 26200
Youth Unemployment Rate (%) 19.60 21.5 21.5 21 21 20.9
Employment Rate (%) 95.30 95.4 95.5 95.5 95.5 95.9
Living Wage Family (LKR/Month) 52100.00 52100 52100 52100 52100 42900
Living Wage Individual (LKR/Month) 29100.00 29100 29100 29100 29100 25300
Minimum Wages (LKR/Month) 10000.00 10000 10000 10000 10000 10000
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.80 4.4 4.6 4.4 4.6 4.7
Consumer Price Index CPI (Index Points) 130.20 130 132 133 132 139
Core Consumer Prices (Index Points) 134.40 133 134 137 137 139
Core Inflation Rate (%) 5.80 3.7 3.8 4 4 4.1
Producer Prices (Index Points) 138.40 136 144 145 144 150
Inflation Rate Mom (%) 0.90 0.6 0.9 0.6 0.6 1.2
Producer Prices Change (%) 2.40 5.4 5 5 4.3 3.8
CPI Transportation (Index Points) 113.60 114 116 114 113 122
Food Inflation (%) -1.00 2.9 3.3 4.5 4.5 6.9
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 7.50 7.5 7 6.5 6.5 6.5
Interbank Rate (%) 9.16 9.44 9.44 8.94 8.94 8.94
Money Supply M2 (LKR Million) 6550042.00 6230000 6270000 6270000 6270000 6400000
Foreign Exchange Reserves (LKR Million) 1085117.00 1600000 1630000 1630000 1630000 1720000
Banks Balance Sheet (LKR Million) 9187270.70 9750000 9820000 9820000 9820000 10500000
Deposit Interest Rate (%) 7.50 7.5 7.5 7 7 7
Central Bank Balance Sheet (LKR Million) 2031981.00 2220000 2270000 2270000 2270000 2350000
Lending Rate (%) 8.50 8.5 8.5 8 8 8
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (USD Million) -823.00 -670 -910 -910 -910 -820
Current Account (USD Million) 423.20 -370 -1090 -650 -900 -810
Current Account to GDP (%) -3.00 -2.7 -2.7 -2.5 -2.5 -2.5
Exports (USD Million) 961.00 1150 1090 1210 1190 1180
Imports (USD Million) 1784.00 1820 1810 2050 1990 1890
External Debt (USD Million) 54221.66 58000 58500 54037 54141 62000
Tourist Arrivals 63072.00 146000 251000 236000 143000 264000
Gold Reserves (Tonnes) 19.90 22.3 22.3 22.3 22.3 22.4
Tourism Revenues (USD Million) 475.20 338 490 500 500 470
Remittances (USD Million) 584.50 550 720 700 710 750
Foreign Direct Investment (USD Million) 167.00 410 710 710 710 820
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 82.90 75 75 72 72 72
Government Budget (% of GDP) -5.30 -5.9 -5.9 -6.3 -6.3 -6.3
Government Spending (LKR Million) 1300180.20 1144242 1332685 1336585 1345687 1375331
Government Debt (LKR Million) 11977539.00 11300000 11600000 11600000 11600000 12200000
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 28.00 28 28 28 28 28
Personal Income Tax Rate (%) 16.00 17 17 17 17 17
Sales Tax Rate (%) 15.00 15 15 15 15 15
Social Security Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 8.00 8 8 8 8 8
Business Actual Q3 Q4 Q1 Q2 2020
Industrial Production (%) 5.70 1.2 1.3 2.5 2.5 3.1
Changes in Inventories (LKR Million) 313742.80 1170000 1170000 1220000 1220000 1220000
Car Registrations 3127.00 5410 3380 5500 5500 5690
Services Pmi 53.10 53.5 54.1 53.5 53.5 56.9
Business Confidence (Index Points) 74.00 82 85 75 75 88
Manufacturing Pmi 53.90 53.8 53.7 54 54 55.9
Manufacturing Production (%) -0.80 0.8 1 0.8 0.6 1.3
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (LKR Million) 10081222.90 8361971 10333253 10363497 10434066 10663918
Personal Savings (%) 21.20 23.6 23.6 23.6 23.6 23.6
Private Sector Credit (LKR Million) 5618197.90 5690000 5720000 5720000 5720000 5800000
Bank Lending Rate (%) 11.52 12.2 12.2 11.7 11.7 11.7
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 811.00 845 861 855 855 873
Building Permits 3007.00 2840 2720 2720 2720 2940


This page has economic forecasts for Sri Lanka including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Sri Lanka economy.