Europe’s population is maturing. Some of the highest old-age dependency ratios are concentrated in remote, rural or mountainous parts of Germany, Greece, Spain, France, Italy, Portugal and Finland, according to Eurostat. By January 2050 there will be fewer than two working-age adults for each older person. As life outcomes have improved for elderly people fertility rates have fallen in EU. Women that do have children are choosing to have fewer and to become parents later in life.
Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)