Sri Lanka Youth Unemployment Rate

Youth Unemployment Rate in Sri Lanka decreased to 19.60 percent in the third quarter of 2018 from 22.50 percent in the second quarter of 2018. Youth Unemployment Rate in Sri Lanka averaged 24.71 percent from 1992 until 2018, reaching an all time high of 38.10 percent in the first quarter of 1994 and a record low of 15.40 percent in the fourth quarter of 2015.

Youth Unemployment Rate in Sri Lanka is expected to be 21.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Sri Lanka to stand at 21.50 in 12 months time. In the long-term, the Sri Lanka Youth Unemployment Rate is projected to trend around 20.90 percent in 2020, according to our econometric models.

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Sri Lanka Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	4.60	4.10	16.60	3.70	percent	[+]
Employed Persons	8088448.00	8040704.00	8554179.00	4962105.00		[+]
Unemployed Persons	389406.00	346998.00	953794.00	282648.00		[+]
Labor Force Participation Rate	52.20	51.80	54.70	46.90	percent	[+]
Population	21.67	21.44	21.67	9.87	Million	[+]
Wages High Skilled	57500.00	60800.00	60800.00	52900.00	LKR/Month	[+]
Wages Low Skilled	21500.00	23500.00	23500.00	21500.00	LKR/Month	[+]
Youth Unemployment Rate	19.60	22.50	38.10	15.40	percent	[+]
Employment Rate	95.90	95.40	96.30	91.00	percent	[+]
Living Wage Family	52100.00	52100.00	52100.00	52100.00	LKR/Month	[+]
Living Wage Individual	29100.00	29100.00	29100.00	29100.00	LKR/Month	[+]
Minimum Wages	10000.00	10000.00	10000.00	10000.00	LKR/Month	[+]

This page provides - Sri Lanka Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Youth Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	19.60	22.50	38.10	15.40	1992 - 2018	percent	Quarterly

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Country	Last		Previous	Range
South Africa	55.20	Mar/19	54.7	55.9 : 48.8	%
Spain	32.70	Apr/19	33.8	56 : 17.2	%
Italy	31.40	Apr/19	30.6	43.4 : 19.4	%
Turkey	25.20	Mar/19	26.1	28.6 : 11	%
France	20.10	Apr/19	20.1	26 : 14.5	%
Euro Area	15.80	Apr/19	15.9	24.8 : 14.8	%
India	12.90	Dec/13	18.1	18.1 : 12.9	%
Australia	11.90	May/19	11.8	20.1 : 7.6	%
United Kingdom	10.40	Mar/19	10.3	22.3 : 9.7	%
South Korea	10.10	May/19	11.7	13.4 : 3.8	%
Canada	10.00	May/19	10.3	20.7 : 10	%
United States	8.50	May/19	8.3	19.5 : 7.8	%
Netherlands	6.30	May/19	6.2	17.7 : 6.2	%
Germany	5.30	Apr/19	5.3	15.9 : 5.3	%
Japan	3.90	Apr/19	3.6	10.9 : 1.6	%
Switzerland	1.80	May/19	1.9	5.7 : 1.4	%