Unemployment Rate in Sri Lanka decreased to 5.10 percent in the second quarter of 2021 from 5.70 percent in the first quarter of 2021. source: Department of Census and Statistics - Sri Lanka

Unemployment Rate in Sri Lanka averaged 7.60 percent from 1991 until 2021, reaching an all time high of 16.60 percent in the second quarter of 1992 and a record low of 3.70 percent in the fourth quarter of 2013. This page provides - Sri Lanka Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Unemployment Rate in Sri Lanka is expected to be 5.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Unemployment Rate is projected to trend around 5.00 percent in 2022, according to our econometric models.

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Sri Lanka Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2020-07-23 11:00 AM Q1 5.7% 4.5% 4.6%
2020-10-21 10:50 AM Q2 5.4% 5.7% 8.5%
2021-04-26 11:00 AM Q4 5.2% 5.8% 5.8%
2021-10-05 11:00 AM Q2 5.1% 5.7% 6%
2021-12-31 11:00 AM Q3 5.1%
2022-03-31 11:00 AM Q4

Sri Lanka Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.10 percent Jun/21 5.70 16.60 3.70
Employed Persons 8031233.00 Dec/20 7967695.00 8554179.00 4962105.00
Unemployed Persons 441997.00 Dec/20 486524.00 953794.00 282648.00
Population 21.92 Million Dec/20 21.90 21.92 9.87
Youth Unemployment Rate 25.70 percent Dec/20 25.90 38.10 15.40

Sri Lanka Unemployment Rate
In Sri Lanka, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.