Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.91%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.65%/ 10.75%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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.

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