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 Construction sector back on growth territory in 4Q 2020

ConstructionMar 18, 2021
Sri Lanka Construction sector back on growth territory in 4Q 2020
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Sri Lanka's construction sector was hit badly by COVID19 in 2Q with a 30% contraction. The industry recovered in 3Q but was down by 9%. In 4Q construction recovered and has recorded 1.2% growth. Meanwhile, the real estate which recovered faster phase than construction has recorded 3.6% growth in 4Q up from 3.4% in 3Q.

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