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%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka surpassed USD 2Bn FX inflows in tourism first time after three years

Travel & TourismJan 5, 2024
Sri Lanka surpassed USD 2Bn FX inflows in tourism first time after three years

SriLanka had multiple setbacks in tourism after Easter attack in 2019. Down from 4.4 Bn earned in 2018 / Afterwards tourism industry generated only $682Mn in 2019, $394Mn in 2020 and 1.136Bn in 2021. In 2023, the revenue recorded $2.068Bn from tourism industry which is a significant improvement.

With low pandemic risks, improved supplies of essential items such as fuel and electricity , implementation of various strategies to promote tourism are the key factors which have boosted the revenue generated by the tourism industry in 2023.


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