Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Three-wheeler imports to Sri Lanka have dramatically fallen since 2017

SocialSep 18, 2020
Three-wheeler imports to Sri Lanka have dramatically fallen since 2017
The traffic lane law was re-implemented since the 14th of September in the country to reduce the traffic. Three-wheelers and motorcycles are accused of creating traffic. Sri Lanka used to import 3W heavily from India. Sri Lanka’s share in the overall export pie has reduced from 30% in FY 2016 to 14% in FY 2017 as per Indian OEMs report, and countries such as Nigeria and Egypt have emerged as bigger export markets for Indian OEMs now.

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