Economy

  • Sri Lanka Fiscal Expenditure
    by Central Bank of Sri Lanka on May 13, 2021 at 9:15 pm

    Fiscal Expenditure in Sri Lanka increased to 3040996 LKR Million in 2020 from 2915291 LKR Million in 2019. Fiscal Expenditure in Sri Lanka averaged 769728.76 LKR Million from 1979 until 2020, reaching an all time high of 3040996 LKR Million in 2020 and a record low of 19192 LKR Million in 1979. This page provides - Sri Lanka Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Sri Lanka Employment Rate
    by Central Bank of Sri Lanka on May 13, 2021 at 9:15 pm

    Employment Rate in Sri Lanka increased to 94.60 percent in the fourth quarter of 2021 from 94.30 percent in the first quarter of 2020. Employment Rate in Sri Lanka averaged 94.90 percent from 2004 until 2021, reaching an all time high of 96.30 percent in the third quarter of 2011 and a record low of 91 percent in the second quarter of 2004. This page provides - Sri Lanka Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. […]

  • Sri Lanka Social Security Rate For Companies
    by Ministry of Employment and Labor on May 13, 2021 at 9:15 pm

    The Social Security Rate For Companies in Sri Lanka stands at 12 percent. Social Security Rate For Companies in Sri Lanka averaged 14.38 percent from 2004 until 2019, reaching an all time high of 17 percent in 2015 and a record low of 12 percent in 2016. In Sri Lanka, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Sri Lanka because they help to pay for many social programs including welfare, health care and many other benefits. This page provides the latest reported value for - Sri Lanka Social Security Rate For Companies - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Sri Lanka GDP
    by World Bank on May 13, 2021 at 9:15 pm

    The Gross Domestic Product (GDP) in Sri Lanka was worth 84.01 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Sri Lanka represents 0.07 percent of the world economy. GDP in Sri Lanka averaged 20.83 USD Billion from 1960 until 2019, reaching an all time high of 88.43 USD Billion in 2018 and a record low of 1.24 USD Billion in 1963. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Sri Lanka GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]

  • Sri Lanka Competitiveness Rank
    by World Economic Forum on May 13, 2021 at 9:15 pm

    Sri Lanka is the 84 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Sri Lanka averaged 72.69 from 2007 until 2019, reaching an all time high of 85 in 2018 and a record low of 52 in 2012. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Sri Lanka Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. […]