Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate10.03%
12M T-Bill Rate10.23%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR300/301
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka residential land prices are growing in 3Q 2021

ConstructionNov 5, 2021
Sri Lanka residential land prices are growing in 3Q 2021
Sri Lanka residential land prices surged by 30% in 3Q 2021 from year-earlier showing some recovery as people moved their money toward safe assets classes under a weak economic environment. The annual growth of residential land prices in Colombo city has been around 3% due to affordability concerns during the last two years, while western province (exclude Colombo city) growing around 14%.

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