Inflation ( CCPI)-2.1% (Nov 2024)
GDP4.7% (2Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.73%
12M T-Bill Rate9.08%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.55% / 10.65%
USD/LKR290/291
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Sri Lanka lags in youth progress index in the last few years

Global IndexesFeb 8, 2022
Sri Lanka lags in youth progress index in the last few years

The Youth Progress Index is the first Social Progress Index to look at a subgroup of the population defined by its age. The index is based on three main pillars namely; Basic Human Needs, Foundations of Wellbeing, and Opportunity. Sri Lanka ranked 62nd place out of 150 countries in 2020.

Sri Lanka ranked top in South Asia. But Nepal is one of the top three countries that overperform the most when considering what would be expected given their level of economic development. Sri Lanka too has progressed well after the end of the war but progress has started lagging in recent years.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.