Labor Force Participation Rate in Sri Lanka increased to 51 percent in the third quarter of 2020 from 50.20 percent in the second quarter of 2020. source: Central Bank of Sri Lanka
Labor Force Participation Rate in Sri Lanka averaged 50.46 percent from 1990 until 2020, reaching an all time high of 54.70 percent in the first quarter of 2017 and a record low of 46.90 percent in the third quarter of 1992. This page provides - Sri Lanka Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Labor Force Participation Rate - values, historical data and charts - was last updated on April of 2021.
Labor Force Participation Rate in Sri Lanka is expected to be 52.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Sri Lanka to stand at 53.50 in 12 months time. In the long-term, the Sri Lanka Labor Force Participation Rate is projected to trend around 53.50 percent in 2022 and 53.90 percent in 2023, according to our econometric models.