Inflation ( CCPI)-0.8% (Oct 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.30%
12M T-Bill Rate9.78%
2Y T-Bond Rate10.25%/ 10.35%
4Y T-Bond Rate11.20% / 11.30%
USD/LKR290/291
Reserves $6.47Bn (Oct 2024)
Cum. Trade Deficit $4,218 Mn (Sep 2024 cumulative)
Cum. Fiscal DeficitLKR 910Bn (Aug 2024 cumulative)

Appreciation of land price accelerated in the first half of 2021

ConstructionAug 10, 2021
Appreciation of land price accelerated in the first half of 2021
According to the Sri Lanka Land Price Index, land prices in the Colombo district have started declining since 2019 for residential, commercial, and industrial segments. Annual price growth has improved in 2021 as real estate became a one of lucrative assets class under devaluation of domestic currency.

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