Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka yet to reach to pre-crisis working hours as economy struggle

OtherApr 26, 2023
Sri Lanka yet to reach to pre-crisis working hours as economy struggle

Prior to COVID-19, on average 68% of the workers had engaged in employment more than 40 hours per week, which fell to 49% in the first COVID wave and fell further to 51% in the second wave. The country faced an economic crisis in 2022, which made it fall to 57% in the 2nd & 3rd quarters and picked up marginally in by 4th quarter.

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