Youth Unemployment Rate in Sri Lanka increased to 23.30 percent in the third quarter of 2019 from 20 percent in the second quarter of 2019.

Youth Unemployment Rate in Sri Lanka averaged 24.60 percent from 1992 until 2019, 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 July of 2020. source: Department of Census and Statistics - Sri Lanka

Youth Unemployment Rate in Sri Lanka is expected to be 22.70 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 23.00 percent in 2021, according to our econometric models.

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Sri Lanka Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
23.30 20.00 38.10 15.40 1992 - 2019 percent Quarterly

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.50 5.10 16.60 3.70 percent [+]
Employed Persons 8181442.00 8155341.00 8554179.00 4962105.00 [+]
Unemployed Persons 387460.00 437797.00 953794.00 282648.00 [+]
Labor Force Participation Rate 51.90 52.20 54.70 46.90 percent [+]
Population 21.90 21.67 21.90 9.87 Million [+]
Youth Unemployment Rate 23.30 20.00 38.10 15.40 percent [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]
Employment Rate 94.90 95.10 96.30 91.00 percent [+]