Business Confidence in Sri Lanka increased to 78 points in the fourth quarter of 2019 from 64 points in the third quarter of 2019.

Business Confidence in Sri Lanka averaged 93.23 points from 2014 until 2019, reaching an all time high of 136 points in the third quarter of 2014 and a record low of 61 points in the fourth quarter of 2018. This page provides - Sri Lanka Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Business Confidence - values, historical data and charts - was last updated on June of 2020. source: Central Bank of Sri Lanka

Business Confidence in Sri Lanka is expected to be 32.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Sri Lanka to stand at 47.00 in 12 months time. In the long-term, the Sri Lanka Business Confidence is projected to trend around 55.00 points in 2021 and 68.00 points in 2022, according to our econometric models.

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Sri Lanka Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
78.00 64.00 136.00 61.00 2014 - 2019 points Quarterly

Sri Lanka Business Last Previous Highest Lowest Unit
Industrial Production -0.40 1.30 35.20 -11.40 percent [+]
Capacity Utilization 81.00 81.00 82.00 69.00 percent [+]
Changes in Inventories -7711.60 591027.70 1217425.70 -7711.60 LKR Million [+]
Car Registrations 3753.00 3041.00 15017.00 308.00 [+]
Internet Speed 8527.30 7307.31 8527.30 374.62 KBps [+]
IP Addresses 85420.00 107335.00 246049.00 31627.00 IP [+]
Services Pmi 29.80 32.00 66.80 29.80 points [+]
Manufacturing Pmi 24.20 30.00 67.30 24.20 points [+]
Manufacturing Production -0.40 1.30 7.80 -3.00 percent [+]
Business Confidence 78.00 64.00 136.00 61.00 points [+]
Corruption Index 38.00 38.00 40.00 31.00 Points [+]
Corruption Rank 93.00 89.00 97.00 52.00 [+]
Competitiveness Index 57.11 56.00 57.11 3.84 Points [+]
Competitiveness Rank 84.00 85.00 85.00 52.00 [+]
Ease of Doing Business 99.00 100.00 113.00 83.00 [+]


Sri Lanka Business Confidence
In Sri Lanka, the Business Condition Index measures entrepreneurs’ sentiment about current business situation and expectation about business conditions. It includes Profitability, Skilled Labour Availability, Demand, Sales and Capacity Utilization. A value over 100 means business sentiment has improved and under 100 means business sentiment has worsened. The value 100 indicates neutrality.