Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.35%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $3,584 Mn (Aug 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 2024 cumulative)

Sri Lanka tourism far too lagging with just USD 23Mn in the first half of 2021

Travel & TourismJul 12, 2021
Sri Lanka tourism far too lagging with just USD 23Mn in the first half of 2021
Sri Lanka saw a considerable downfall in the tourism industry due to the COVID outbreak and only managed to host 16,908 tourists by the end of June 2021. What used to be an impressive USD 4Bn annual turnover has now fallen to USD 23Mn in the first half of 2021. Even though the second half is expected to show improvement in global tourism, the UNCTAD report still shows a loss of between USD 1.7 trillion to $2.4 trillion in 2021 compared to 2019.

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