Sri Lanka Forecast: Unemployment Rate
1990 - 2028 | Yearly | % | International Monetary Fund
Key information about Sri Lanka Unemployment Rate Forecast
- Sri Lanka Unemployment Rate is forecasted to be 5.000 % in Dec 2023 as reported by International Monetary Fund
- It records no change from the last reported number of 5.250 % in Dec 2022
- Looking ahead, Sri Lanka Unemployment Rate is projected to stand at 4.400 % in Dec 2028
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Sri Lanka's Forecast: Unemployment Rate from 1990 to 2028 in the chart:
What is Sri Lanka's Forecast: Unemployment Rate in 2028?
Sri Lanka Unemployment Rate is forecasted to be 5.000 % in Dec 2023 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 4.400 2028 | 4.400 2027 | 4.000 2012 | 15.897 1990 | % | yearly | 1990 - 2028 |
Forecast: Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 11.000 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.675 2028 | yearly | 2010 - 2028 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.400 2028 | yearly | 1980 - 2028 |
| Armenia (%) | 14.000 2028 | yearly | 2001 - 2028 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.633 2028 | yearly | 1980 - 2028 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.502 2028 | yearly | 2000 - 2028 |
| Bahamas (%) | 10.954 2028 | yearly | 1986 - 2028 |
| Bahrain (%) | 4.030 2028 | yearly | 2007 - 2028 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 9.550 2028 | yearly | 1981 - 2028 |
| Belarus (%) | 3.754 2028 | yearly | 1993 - 2028 |
| Belgium (%) | 5.487 2028 | yearly | 1980 - 2028 |
| Belize (%) | 5.021 2028 | yearly | 1990 - 2028 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 5.900 2022 | yearly | 2003 - 2022 |
| Bolivia (%) | 5.200 2028 | yearly | 2000 - 2028 |
| Bosnia and Herzegovina (%) | 17.155 2028 | yearly | 1995 - 2028 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 8.085 2028 | yearly | 1991 - 2028 |
| Brunei (%) | 6.822 2028 | yearly | 2011 - 2028 |
| Bulgaria (%) | 4.200 2028 | yearly | 1989 - 2028 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 6.000 2028 | yearly | 1980 - 2028 |
| Cape Verde (%) | 8.500 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.207 2028 | yearly | 1980 - 2028 |
| China (%) | 3.500 2028 | yearly | 1980 - 2028 |
| Colombia (%) | 9.347 2028 | yearly | 1980 - 2028 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.121 2028 | yearly | 1991 - 2028 |
| Cyprus (%) | 5.380 2028 | yearly | 1982 - 2028 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2028 | yearly | 1991 - 2028 |
| Ecuador (%) | 3.544 2028 | yearly | 1988 - 2028 |
| Egypt (%) | 6.916 2028 | yearly | 1990 - 2028 |
| El Salvador (%) | 5.500 2028 | yearly | 1988 - 2028 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 4.372 2028 | yearly | 1993 - 2028 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2028 | yearly | 1986 - 2028 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 20.809 2028 | yearly | 1996 - 2028 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2028 | yearly | 1980 - 2028 |
| Hong Kong SAR, China (%) | 3.038 2028 | yearly | 1980 - 2028 |
| Hungary (%) | 3.172 2028 | yearly | 1980 - 2028 |
| Iceland (%) | 3.986 2028 | yearly | 1980 - 2028 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2028 | yearly | 1984 - 2028 |
| Iran (%) | 10.153 2028 | yearly | 1990 - 2028 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 3.700 2028 | yearly | 1980 - 2028 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 8.375 2021 | yearly | 1980 - 2021 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 22.833 2022 | yearly | 1984 - 2022 |
| Kazakhstan (%) | 4.800 2028 | yearly | 1994 - 2028 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.592 2028 | yearly | 1980 - 2028 |
| Kosovo (%) | 25.700 2019 | yearly | 2012 - 2019 |
| Kuwait (%) | 1.276 2021 | yearly | 1981 - 2021 |
| Kyrgyzstan (%) | 9.014 2028 | yearly | 1994 - 2028 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.307 2028 | yearly | 1992 - 2028 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -10.2 Dec 2022 | quarterly | Dec 2014 - Dec 2022 |
| Tax Revenue (USD mn) | 5,458.017 2022 | yearly | 1990 - 2022 |
| Tax Revenue: % of GDP (%) | 7.1 Dec 2022 | quarterly | Mar 2014 - Dec 2022 |
| National Government Debt (USD mn) | 75,671.0 Dec 2022 | quarterly | Mar 2014 - Dec 2022 |
| Government Debt: % of GDP (%) | 111.9 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Forecast: Government Expenditure (LKR bn) | 4,472.547 2022 | yearly | 1990 - 2022 |
| Forecast: Government Net Debt (LKR bn) | 27,871.878 2022 | yearly | 1990 - 2022 |
| Forecast: Government Revenue (LKR bn) | 2,012.177 2022 | yearly | 1990 - 2022 |
| Government Debt: Domestic (LKR mn) | 13,345,597.046 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Government Debt: Foreign (LKR mn) | 12,458,154.611 Dec 2022 | quarterly | Mar 2014 - Dec 2022 |
| Government Expenditure & Lending Minus Repayments (LR) (LKR mn) | 872,643.248 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Government Expenditure & LR: Capital & Net Lending (LKR mn) | 144,108.959 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Government Expenditure & LR: Recurrent (LKR mn) | 728,534.289 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Overall Fiscal Surplus/Deficit (LKR mn) | -341,730.402 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Government Revenue & Grants: Revenue (LKR mn) | 529,988.662 Sep 2022 | quarterly | Mar 2014 - Sep 2022 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 3.839 2027 | yearly | 1980 - 2027 |
| Trade Balance (USD mn) | -412.1 Mar 2023 | monthly | Jan 1982 - Mar 2023 |
| Total Exports (USD mn) | 978.2 Jan 2023 | monthly | Jan 1982 - Jan 2023 |
| Total Exports Growth (%) | -2.0 Mar 2023 | monthly | Jan 1983 - Mar 2023 |
| Aluminum: Exports (USD th) | 8,907.620 2021 | yearly | 1995 - 2021 |
| Exports: Medicament (USD th) | 7,800.861 2021 | yearly | 1995 - 2021 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 3,021.131 2021 | yearly | 1995 - 2021 |
| Total Imports (USD mn) | 1,021.0 Feb 2023 | monthly | Jan 1982 - Feb 2023 |
| Total Imports Growth (%) | -20.3 Mar 2023 | monthly | Jan 1983 - Mar 2023 |
| Imports: Medicament (USD th) | 440,256.326 2021 | yearly | 1995 - 2021 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 445,689.567 2021 | yearly | 1995 - 2021 |
| Total Exports to USA (USD mn) | 362.890 Jan 2023 | monthly | Jan 1978 - Jan 2023 |
| Total Imports from USA (USD mn) | 33.191 Jan 2023 | monthly | Jan 1978 - Jan 2023 |
| Total Exports to China (USD mn) | 31.901 Jan 2023 | monthly | Jan 2016 - Jan 2023 |
| Total Imports from China (USD mn) | 331.257 Dec 2022 | monthly | Jan 2016 - Dec 2022 |
| Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) | 72,878.115 Mar 2023 | monthly | Jan 1995 - Mar 2023 |
| Imports: China (USD mn) | 3,579.000 2020 | yearly | 2003 - 2020 |
| Export Volume Index (EVoI): 2010=100 (2010=100) | 162.564 Mar 2023 | monthly | Jan 2010 - Mar 2023 |
| Import Volume Index (IVoI): 2010=100 (2010=100) | 147.000 Jan 2023 | monthly | Jan 2010 - Jan 2023 |
| Terms of Trade Index: 2010=100 (2010=100) | 81.832 Mar 2023 | monthly | Jan 2010 - Mar 2023 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 3.8 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Current Account Balance (USD mn) | 119.6 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Current Account Balance: % of GDP (%) | 0.7 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| Foreign Direct Investment (USD mn) | 306.8 Dec 2022 | quarterly | Mar 1977 - Dec 2022 |
| Foreign Direct Investment: % of GDP (%) | 1.7 Dec 2022 | quarterly | Mar 2002 - Dec 2022 |
| Foreign Portfolio Investment (USD mn) | 211.011 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Foreign Portfolio Investment: % of GDP (%) | 1.2 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 11.0 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 200.057 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| External Debt (USD mn) | 49,678.1 Dec 2022 | quarterly | Dec 2012 - Dec 2022 |
| External Debt: % of GDP (%) | 58.4 2020 | yearly | 1998 - 2020 |
| External Debt: Short Term (USD mn) | 8,532.1 Sep 2022 | quarterly | Dec 2012 - Sep 2022 |
| External Debt: Short Term: % of GDP (%) | 11.5 2022 | yearly | 1998 - 2022 |
| Forecast: Current Account Balance (USD bn) | -1.458 2022 | yearly | 1980 - 2022 |
| Net International Investment Position (USD mn) | -50,031.937 Dec 2022 | quarterly | Mar 2013 - Dec 2022 |
| BoP: Secondary Income (USD mn) | 1,141.299 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: CA: Primary Income: Debit (USD mn) | 651.778 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Primary Income (PI) (USD mn) | -578.974 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current Account: Credit (USD mn) | 5,157.313 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Assets: Direct Investment (DI) (USD mn) | 3.783 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Assets (USD mn) | 522.999 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Liabilities (USD mn) | 652.629 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Goods & Services: Services: Debit (USD mn) | 291.695 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: CA: Primary Income: Credit (USD mn) | 72.804 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Goods & Services: Goods (USD mn) | -1,091.305 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: Current Account: Debit (USD mn) | 5,039.022 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Capital Account (CP) (USD mn) | 1.759 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Secondary Income: Debit (USD mn) | 70.030 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Assets: Portfolio Investment (PO) (USD mn) | 0.000 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Goods & Services: Services: Credit (USD mn) | 653.450 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current Account (CA) (USD mn) | 118.291 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Goods & Services: Goods: Credit (USD mn) | 3,114.487 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: Capital Account: Debit (USD mn) | 3.772 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) | 211.011 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: CA: Goods & Services: Goods: Debit (USD mn) | 4,057.077 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: CA: Goods & Services: Services (USD mn) | 393.313 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Secondary Income: Credit (USD mn) | 1,216.299 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Liabilities: Direct Investment (DI) (USD mn) | 254.369 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Capital Account: Credit (USD mn) | 8.259 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Assets: Reserve Assets (RA) (USD mn) | -69.595 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current & Capital Account (USD mn) | 120.050 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current & CA: Credit (USD mn) | 5,165.572 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Liabilities: Other Investment (OI) (USD mn) | 184.812 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: Current & CA: Debit (USD mn) | 5,045.522 Sep 2022 | quarterly | Mar 2012 - Sep 2022 |
| BoP: FA: Assets: Other Investment (OI) (USD mn) | -149.742 Dec 2022 | quarterly | Mar 2012 - Dec 2022 |
| BoP: FA: Liabilities: Financial Derivatives (USD mn) | 0.000 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| BoP: FA: Assets: Errors & Ommissions (USD mn) | 192.632 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| BoP: FA: Assets: Financial Derivatives (USD mn) | 0.000 Dec 2018 | quarterly | Mar 2012 - Dec 2018 |
| IIP: Assets (USD mn) | 8,829.968 Dec 2022 | quarterly | Sep 2013 - Dec 2022 |
| International Investment Position (IIP): Net (USD mn) | -47,877.444 Sep 2022 | quarterly | Sep 2013 - Sep 2022 |
| IIP: Liabilities (USD mn) | 56,660.145 Sep 2022 | quarterly | Sep 2013 - Sep 2022 |
| No of Registered Enterprises (Unit) | 6,124.000 2021 | yearly | 1994 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.5 2021 | yearly | 1998 - 2021 |
| Household Debt: % of GDP (%) | 8.3 Dec 2022 | quarterly | Dec 2010 - Dec 2022 |
| Money Supply M1 (USD mn) | 4,019.773 Feb 2023 | monthly | Jan 1994 - Feb 2023 |
| Money Supply M2 (USD mn) | 28,892.825 Dec 2022 | monthly | Jan 1994 - Dec 2022 |
| M2 Growth (%) | 8.4 Feb 2023 | monthly | Jan 1995 - Feb 2023 |
| Reserve Requirement Ratio (%) | 4.0 Apr 2023 | monthly | Mar 1997 - Apr 2023 |
| Foreign Exchange Reserves (USD mn) | 2,691.0 Apr 2023 | monthly | Dec 1956 - Apr 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.1 Feb 2023 | monthly | Jan 1982 - Feb 2023 |
| Gold Reserves (USD mn) | 30.140 Apr 2023 | monthly | Dec 1977 - Apr 2023 |
| Total Deposits (USD mn) | 37,961.827 Nov 2022 | monthly | Dec 2002 - Nov 2022 |
| Total Deposits Growth (%) | 16.1 Nov 2022 | monthly | Dec 2003 - Nov 2022 |
| Domestic Credit (USD mn) | 45,923.1 Feb 2023 | monthly | Jan 1996 - Feb 2023 |
| Domestic Credit Growth (%) | 16.9 Jan 2023 | monthly | Jan 1997 - Jan 2023 |
| Household Debt (USD mn) | 5,540.7 Dec 2022 | quarterly | Jun 2010 - Dec 2022 |
| Total Loans (USD mn) | 23,018.971 Feb 2023 | monthly | Dec 1983 - Feb 2023 |
| Total Loans Growth (%) | 1.78 Feb 2023 | monthly | Dec 1984 - Feb 2023 |
| Private Debt: % of Nominal GDP (%) | 33.61 Sep 2022 | quarterly | Dec 2010 - Sep 2022 |
| Official Reserve Assets (ORA) (USD mn) | 2,754.500 Apr 2023 | monthly | Nov 2013 - Apr 2023 |
| ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) | 2,691.020 Apr 2023 | monthly | Nov 2013 - Apr 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -35.8 Jan 2023 | monthly | May 2016 - Jan 2023 |
| Business Sentiment Index: Business Condition: Current Quarter (Index) | 34.000 Dec 2022 | quarterly | Jun 2014 - Dec 2022 |
| Purchasing Managers Index: Manufacturing (Index) | 51.400 Mar 2023 | monthly | May 2015 - Mar 2023 |
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