Unemployment Rate in Sri Lanka decreased to 5.20 percent in the fourth quarter of 2020 from 5.80 percent in the third quarter of 2020. source: Department of Census and Statistics - Sri Lanka

Unemployment Rate in Sri Lanka averaged 7.64 percent from 1991 until 2020, 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. This page provides - Sri Lanka Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Sri Lanka is expected to be 5.60 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 5.10 in 12 months time. In the long-term, the Sri Lanka Unemployment Rate is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Sri Lanka Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.80 16.60 3.70 1991 - 2020 percent Quarterly

Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 11:00 AM Q4 4.5% 5.1% 4.70%
2020-07-23 11:00 AM Q1 5.7% 4.5% 4.6%
2020-10-21 10:50 AM Q2 5.4% 5.7% 8.5%
2021-04-26 11:00 AM Q4 5.2% 5.8% 5.8%
2021-08-03 11:00 AM Q1 5.2% 5.3%
2021-10-12 11:00 AM Q2
2022-01-20 11:00 AM Q3
2022-04-26 11:00 AM Q4

Sri Lanka Unemployment Rate
In Sri Lanka, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.