Unemployment Rate in Sri Lanka increased to 5.10 percent in the third quarter of 2019 from 4.90 percent in the second quarter of 2019. Unemployment Rate in Sri Lanka averaged 7.74 percent from 1991 until 2019, reaching an all time high of 16.60 percent in the second quarter of 1992 and a record low of 3.70 percent in the fourth quarter of 2013. source: Department of Census and Statistics - Sri Lanka
Unemployment Rate in Sri Lanka is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Sri Lanka to stand at 4.60 in 12 months time. In the long-term, the Sri Lanka Unemployment Rate is projected to trend around 4.60 percent in 2020, according to our econometric models.