Youth Unemployment Rate in Sri Lanka increased to 27.70 percent in the second quarter of 2020 from 26.80 percent in the first quarter of 2020.
Youth Unemployment Rate in Sri Lanka averaged 24.61 percent from 1992 until 2020, 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. This page provides - Sri Lanka Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Youth Unemployment Rate - values, historical data and charts - was last updated on October of 2020. source: Department of Census and Statistics - Sri Lanka
Youth Unemployment Rate in Sri Lanka is expected to be 24.00 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 23.00 in 12 months time. In the long-term, the Sri Lanka Youth Unemployment Rate is projected to trend around 22.00 percent in 2021 and 21.00 percent in 2022, according to our econometric models.