Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka tourism beaten by Corona just after recovered from Easter Sunday attack in 2019

Travel & TourismMar 8, 2020
Sri Lanka tourism beaten by Corona just after recovered from Easter Sunday attack in 2019
Tourist arrivals in Sri Lanka fell by 17.7% in February to just 207,507 from last year 252,033. It is less than January arrivals of 228,434. Out of the top ten tourist destinations Indian, Russian, Ukrain tourist arrivals were higher than last year the same period, but tourist arrivals from UK, France, German, the US, Canada have fallen significantly. Sri Lanka tourist arrivals fell from 2.3Mn to 1.9 Mn in 2019 due to easter attack by Islamic extrimits Group. But the country was able to recover successfully in last tourist season.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.