Markets Actual Q4 Q1 Q2 Q3 2022
Currency 202.75 202 203 205 206 209
Stock Market (points) 11021.07 10565 10159 9768 9392 8683

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 4.30 4 3.3 4 3 4.5
Unemployment Rate (%) 5.10 5.1 5.1 4.9 4.8 5
Inflation Rate (%) 9.90 8.5 6.7 4.5 3.5 4
Interest Rate (%) 5.00 5 5 5 5.5 5.5
Balance of Trade (USD Million) -495.00 -820 -800 -800 -800 -800
Current Account (USD Million) -990.17 -750 -750 -750 -750 -750
Current Account to GDP (% of GDP) -1.30 -2.5 -2.5 -2.5 -2.5 -2.2
Government Debt to GDP (% of GDP) 101.00 93 93 93 93 93
Government Budget (% of GDP) -11.10 -8 -8 -8 -8 -6
Corporate Tax Rate (%) 24.00 28 28 28 28 28
Personal Income Tax Rate (%) 24.00 24 24 24 24 24

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 4.30 4 3.3 4 3 4.5
GDP (USD Billion) 80.71 88 88 88 88 97
GDP Constant Prices (LKR Million) 2170052.00 2948698 2877019 2472921 2256854 3006484
Gross National Product (LKR Million) 14567811.00 15453611 15150523 15048549 15150523 15832297
Gross Fixed Capital Formation (LKR Million) 3809794.30 4078202 3962186 3935518 3962186 4140484
GDP per capita (USD) 4052.75 4100 4100 4100 4100 4300
GDP per capita PPP (USD) 12536.94 13100 13100 13100 13100 13300
GDP From Agriculture (LKR Million) 164573.00 205560 195353 168660 171156 204143
GDP From Construction (LKR Million) 137391.00 188223 182381 159377 142887 190588
GDP From Manufacturing (LKR Million) 470383.00 382982 371783 485906 489198 388514
GDP From Mining (LKR Million) 46875.00 62917 62364 54873 48750 65170
GDP From Public Administration (LKR Million) 105558.00 135809 135266 102847 109780 141352
GDP From Services (LKR Million) 1303929.00 1617054 1592691 1458427 1356086 1664362
GDP From Transport (LKR Million) 161662.00 352635 339260 243283 168128 354527
GDP From Utilities (LKR Million) 26864.00 26900 26791 27742 27939 27997

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 5.10 5.1 5.1 4.9 4.8 5
Unemployed Persons 491587.00 429000 429000 429000 429000 429000
Labor Force Participation Rate (%) 49.80 53.5 53.5 53.5 53.5 53.5
Population (Million) 21.92 22.36 22.36 22.36 22.36 22.59
Minimum Wages (LKR/Month) 10000.00 11000 11000 11000 11000 11000
Youth Unemployment Rate (%) 25.70 22 22 22 22 21
Employment Rate (%) 94.90 95 95 95 95 96

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 9.90 8.5 6.7 4.5 3.5 4
Consumer Price Index CPI (points) 150.70 147 148 149 149 156
Core Consumer Prices (points) 150.60 145 147 150 153 152
Core Inflation Rate (%) 6.30 4 4 4 4 4.5
GDP Deflator (points) 151.90 165 162 159 157 171
Producer Prices (points) 158.00 165 169 169 163 170
Producer Prices Change (%) 11.00 10.8 7.1 5 3 3
Food Inflation (%) 17.50 5.5 5 5 5 6
CPI Transportation (points) 128.90 130 131 133 134 135
Inflation Rate Mom (%) 2.60 1 1 1 1 1

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 5.00 5 5 5 5.5 5.5
Interbank Rate (%) 6.96 6.96 6.96 6.96 7.46 7.46
Money Supply M2 (LKR Million) 9448987.00 8620394 8620394 8620394 8620394 9180362
Foreign Exchange Reserves (USD Million) 2704.00 1526552 1526552 1526552 1526552 1605930
Banks Balance Sheet (LKR Million) 12923184.10 13432900 13732900 14032900 14332900 14645677
Lending Rate (%) 6.00 8 6 6 6.5 6.5
Cash Reserve Ratio (%) 4.00 2 2 2 2 2
Central Bank Balance Sheet (LKR Million) 2324344.10 2297790 2297790 2297790 2297790 2423679

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (USD Million) -495.00 -820 -800 -800 -800 -800
Current Account (USD Million) -990.17 -750 -750 -750 -750 -750
Current Account to GDP (% of GDP) -1.30 -2.5 -2.5 -2.5 -2.5 -2.2
Imports (USD Million) 1526.00 1950 1950 1950 1950 1950
Exports (USD Million) 1031.00 1150 1150 1150 1150 1150
External Debt (USD Million) 50438.48 62000 62000 62000 62000 62000
Tourist Arrivals 44294.00 80000 100000 150000 150000 250000
Gold Reserves (Tonnes) 6.70 15 15 15 15 20
Remittances (USD Million) 453.00 700 700 700 700 750
Tourism Revenues (USD Million) 7.00 400 400 400 400 500
Foreign Direct Investment (USD Million) 173.51 590 590 590 590 700

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 101.00 93 93 93 93 93
Government Budget (% of GDP) -11.10 -8 -8 -8 -8 -6
Government Budget Value (LKR Million) -1016483.00 -1196929 -1196929 -1196929 -1196929 -1252927
Government Spending (LKR Million) 1556489.00 1430344 1618749 1607853 1618749 1691592
Military Expenditure (USD Million) 1560.00 1800 1800 1800 1800 1800
Fiscal Expenditure (LKR Million) 3040996.00 3286666 3286666 3286666 3286666 3474933
Government Debt (LKR Million) 16564520.00 14507063 14507063 14507063 14507063 15592881
Government Revenues (LKR Million) 1373308.00 2296310 2296310 2296310 2296310 2429173

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 24.00 28 28 28 28 28
Personal Income Tax Rate (%) 24.00 24 24 24 24 24
Sales Tax Rate (%) 8.00 15 15 15 15 15
Social Security Rate (%) 20.00 20 20 20 20 20
Social Security Rate For Companies (%) 12.00 12 12 12 12 12
Social Security Rate For Employees (%) 8.00 8 8 8 8 8

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) -8.23 3.5 3.5 3.5 3.5 4.5
Capacity Utilization (%) 67.00 81 81 81 81 81
Changes in Inventories (LKR Million) -64200.50 355000 355000 355000 355000 456000
Car Registrations 359.00 3500 3500 3500 3500 4000
Manufacturing PMI (points) 60.40 55 55 56 56 55
Manufacturing Production (%) 2.90 1.3 1.3 1.3 1.3 1.3
Services PMI (points) 57.90 57 57 59 59 57
Business Confidence (points) 68.00 55 55 55 55 68

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Spending (LKR Million) 10589745.40 11090474 11013335 10939207 11013335 11508935
Personal Savings (%) 18.90 21.5 21.5 21.5 21.5 22.5
Private Sector Credit (LKR Million) 6984540.50 6227869 6227869 6227869 6227869 6461877
Bank Lending Rate (%) 7.82 7.82 7.82 7.82 8.32 8.32

Housing Actual Q4 Q1 Q2 Q3 2022
Housing Index (points) 883.40 830 830 830 830 840
Building Permits 1942.00 3000 3000 3000 3000 3500


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Sri Lanka Forecast - was last updated on Thursday, December 9, 2021.