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%
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Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

The composition of Tourist arrivals to Sri Lanka changed between Asia and Europe in 2019

Travel & TourismFeb 11, 2020
The composition of Tourist arrivals to Sri Lanka changed between Asia and Europe in 2019
The composition of Tourist arrivals to Sri Lanka changed last year. From 2014 to 2018 the majority of international tourists' arrival recorded from Asia (43% to 45%), while Europe tourist arrivals were 39% to 41% for the same period. It has shifted towards Europe 46% to 38% despite easter attack targeted European travelers in April 2019. Studies have found that the economic growth of the region and the spending level of those tourists have a positive relationship. Tourist arrival, as well as the value of receipt by tourists and the number of days at a stay, will play a key role. The success of tourism will depend on the management of these dimensions together.

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