Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Indian tourist arrivals unchanged while Russians picked up substantially pre-crises to post crises

Travel & TourismJul 23, 2023
Indian tourist arrivals unchanged while Russians picked up substantially pre-crises to post crises

Sri Lanka used to receive USD 4Bn annually from tourism pre-crises, which topped in 2017. Since then it turned to other way around, with the easter attack, COVID pandemic and economic chaos.

The top ten accounted for 70% of the total arrivals. Indians used to account for a little less than 30%, while the UK 15% was steady out of the top ten destinations. But Russian arrivals have substantially picked up this year.

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