Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka ranked 112 place in Economic Freedom Index for 2020

Global IndexesSep 16, 2020
Sri Lanka ranked 112 place in Economic Freedom Index for 2020
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Sri Lanka’s economic freedom score is 57.4, making its economy the 112th freest in the 2020 Index. Its overall score has increased by 1.0 points due to a higher fiscal health score. Sri Lanka is ranked 24th among 42 countries in the Asia–Pacific region, and its overall score is well below the regional and world averages. Nine of Sri Lanka’s 12 Index indicators are below global average levels. For economic freedom to expand, the government will need to prioritize anti-corruption efforts, reduce debt, and reform the judiciary to improve its independence and integrity. - Reports compiled by The Heritage Foundation.

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