Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Cellular Mobile phone Penetration & Internet Penetration in Sri Lanka have started falling since 4Q 2019

SocialAug 10, 2020
Cellular Mobile phone Penetration & Internet Penetration in Sri Lanka have started falling since 4Q 2019
Telephone density of Fixed lines (Telephones per 100 persons) has been falling continuously as most public prefer to move to mobile phones. But overall Telephone density which including Cellular (Telephones per 100 persons) also seems to be struggling to grown since 1Q 2019. The number of Internet connections end of 2019 has been estimated as 13,408,403 which has fallen to 13,078,980 by end of 1Q 2020. But the Subcategory of telecommunication recorded the highest growth of 6.3% during last four quarters in the service sector.


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