Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.88%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $2.12Bn (Jan 2023)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

Sri Lanka residential land prices are growing in 3Q 2021

ConstructionNov 5, 2021
Sri Lanka residential land prices are growing in 3Q 2021
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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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