Sri Lanka recorded a government budget deficit of 1016483 LKR Million in 2019. Government Budget Value in Sri Lanka averaged -230990.98 LKR Million from 1980 until 2019, reaching an all time high of -10483 LKR Million in 1984 and a record low of -1016483 LKR Million in 2019. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Sri Lanka Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Sri Lanka increased to 2915291 LKR Million in 2019 from 2693228 LKR Million in 2018. Fiscal Expenditure in Sri Lanka averaged 714332 LKR Million from 1979 until 2019, reaching an all time high of 2915291 LKR Million in 2019 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.

The number of unemployed persons in Sri Lanka decreased to 387460 in the fourth quarter of 2019 from 437797 in the third quarter of 2019. Unemployed Persons in Sri Lanka averaged 483977.75 from 1990 until 2019, reaching an all time high of 953794 in the fourth quarter of 1990 and a record low of 282648 in the second quarter of 2012. In Sri Lanka, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Sri Lanka Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Sri Lanka remained unchanged at 10000 LKR/Month in 2019 from 10000 LKR/Month in 2018. This page provides - Sri Lanka Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka recorded a Current Account deficit of 2.20 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Sri Lanka averaged -5.34 percent from 1980 until 2019, reaching an all time high of -0.40 percent in 2003 and a record low of -19.30 percent in 1980. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Sri Lanka Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Sri Lanka increased by 235 USD Million in the fourth quarter of 2019. Foreign Direct Investment in Sri Lanka averaged 162.84 USD Million from 2001 until 2019, reaching an all time high of 961 USD Million in the fourth quarter of 2017 and a record low of 20 USD Million in the second quarter of 2001. This page provides - Sri Lanka Foreign Direct Investment, Net Inflows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka recorded a government debt equivalent to 86.80 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Sri Lanka averaged 70.18 percent from 1950 until 2019, reaching an all time high of 108.70 percent in 1989 and a record low of 16.30 percent in 1951. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Sri Lanka Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Household Saving Rate in Sri Lanka increased to 21.20 percent in 2018 from 15.20 percent in 2017. Personal Savings in Sri Lanka averaged 19.83 percent from 2003 until 2018, reaching an all time high of 27.20 percent in 2012 and a record low of 13.90 percent in 2008. In Sri Lanka, Households Savings Ratio correspond to the ratio of household income saved to household net disposable income during a certain period of time. This page provides - Sri Lanka Households Savings Ratio - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Sri Lanka remained unchanged at 81 percent in 2018 from 81 percent in 2017. Capacity Utilization in Sri Lanka averaged 79.64 percent from 2008 until 2018, reaching an all time high of 82 percent in 2009 and a record low of 69 percent in 2011. This page provides - Sri Lanka Capacity Utilization - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending Rate in Sri Lanka decreased to 6.50 percent in May from 7 percent in April of 2020. Lending Rate in Sri Lanka averaged 10.34 percent from 1999 until 2020, reaching an all time high of 23 percent in January of 2001 and a record low of 6.50 percent in May of 2020. In Sri Lanka, the lending rate refers to interest rate applicable on reverse repurchase transactions of the Central Bank with Commercial banks on an overnight basis under the Standing Facility, providing the ceiling rate for the injection of overnight liquidity to the banking system by the central bank. This page provides - Sri Lanka Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Sri Lanka decreased to 71370 in March from 207507 in February of 2020. Tourist Arrivals in Sri Lanka averaged 53561.42 from 1977 until 2020, reaching an all time high of 253169 in December of 2018 and a record low of 5536 in June of 1977. This page provides - Sri Lanka Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka recorded a trade deficit of 730 USD Million in January of 2020. Balance of Trade in Sri Lanka averaged -530.99 USD Million from 2003 until 2020, reaching an all time high of -50.10 USD Million in May of 2003 and a record low of -1100.70 USD Million in November of 2011. Sri Lanka exports mostly textiles and garments (40% of total exports) and tea (17%). Others include: spices, gems, coconut products, rubber and fish. Main export partners are United States, United Kingdom, Germany, Belgium and Italy. Sri Lanka imports petroleum, textile fabrics, foodstuffes and machinery and transportation equipment. Main import partners are India, China, Iran and Singapore. This page provides the latest reported value for - Sri Lanka Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Standard & Poor's credit rating for Sri Lanka stands at B with negative outlook. Moody's credit rating for Sri Lanka was last set at B2 with under review outlook. Fitch's credit rating for Sri Lanka was last reported at B- with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Sri Lanka thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Sri Lanka as reported by major credit rating agencies.

Sri Lanka Cash Reserve Ratio was at 4 percent on Friday May 8. Cash Reserve Ratio in Sri Lanka averaged 8.32 percent from 1999 until 2020, reaching an all time high of 11 percent in January of 2000 and a record low of 4 percent in March of 2020. This page provides - Sri Lanka Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Sri Lanka decreased to 5.50 percent in May from 6 percent in April of 2020. Deposit Interest Rate in Sri Lanka averaged 9.22 percent from 1980 until 2020, reaching an all time high of 20 percent in January of 2001 and a record low of 5.50 percent in May of 2020. The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Sri Lanka.

Sri Lanka recorded 844 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka reported 9 Coronavirus Deaths. This page includes a chart with historical data for Sri Lanka Coronavirus Cases.

Sri Lanka recorded 9 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka reported 844 Coronavirus Cases. This page includes a chart with historical data for Sri Lanka Coronavirus Deaths.

Sri Lanka recorded 255 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Sri Lanka reported 9 Coronavirus Deaths. This page includes a chart with historical data for Sri Lanka Coronavirus Recovered.

Imports from Sri Lanka in Australia increased to 24 AUD Million in March from 18 AUD Million in February of 2020. Imports from Sri Lanka in Australia averaged 9.01 AUD Million from 1988 until 2020, reaching an all time high of 33 AUD Million in October of 2019 and a record low of 1 AUD Million in June of 1988. This page includes a chart with historical data for Australia Imports from Sri Lanka.

Remittances in Sri Lanka decreased to 527 USD Million in February from 581 USD Million in January of 2020. Remittances in Sri Lanka averaged 509.16 USD Million from 2009 until 2020, reaching an all time high of 729.35 USD Million in January of 2018 and a record low of 241.34 USD Million in February of 2009. In Sri Lanka, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). This page provides the latest reported value for - Sri Lanka Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Central Bank Balance Sheet in Sri Lanka decreased to 1907948.50 LKR Million in January from 1919417.40 LKR Million in December of 2019. Central Bank Balance Sheet in Sri Lanka averaged 1039166.73 LKR Million from 2003 until 2020, reaching an all time high of 2140525.40 LKR Million in June of 2019 and a record low of 297382 LKR Million in March of 2003. This page provides - Sri Lanka Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Sri Lanka decreased by 7711.60 LKR Million in 2019. Changes in Inventories in Sri Lanka averaged 533207.98 LKR Million from 2010 until 2019, reaching an all time high of 1217425.70 LKR Million in 2017 and a record low of -7711.60 LKR Million in 2019. In Sri Lanka, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Sri Lanka Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Sri Lanka Three Month Interbank Rate was at 7.41 percent on Friday May 8. Interbank Rate in Sri Lanka averaged 11.57 percent from 2000 until 2020, reaching an all time high of 27.58 percent in January of 2001 and a record low of 0.13 percent in January of 2015. In Sri Lanka, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Sri Lanka Three Month Treasury Bill Yield - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Sri Lanka increased 13.20 percent in April of 2020 over the same month in the previous year. Food Inflation in Sri Lanka averaged 5.75 percent from 2009 until 2020, reaching an all time high of 14.70 percent in February of 2020 and a record low of -4.10 percent in February of 2012. This page provides the latest reported value for - Sri Lanka Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Sri Lanka was last recorded at 5.50 percent. Interest Rate in Sri Lanka averaged 7.77 percent from 2003 until 2020, reaching an all time high of 10.50 percent in February of 2007 and a record low of 5.50 percent in May of 2020. In Sri Lanka, interest rates decisions are taken by The Central Bank of Sri Lanka. The official interest rates are the Standing Deposit Facility (SDF) Rate and the Standing Lending Facility (SDFR) Rate. This page provides - Sri Lanka Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manodh Marks, the first person in Australia to be jailed for attempting to take control of an aircraft, could now be released from prison in two-and-a-half years.

As another year draws to a close, it's time to spin the globe and think about where we might travel in 2020. Here's our pick of the best places to head to in the coming year. Happy travels!

Four Sri Lankan athletes were stopped by police after cycling down the M74 motorway on Wednesday. The cyclists were pulled over near the exit for Motherwell and Hamilton and advised to ‘get off the road’.

Ahead of their group-stage opener against South Africa at the WACA in Perth on Sunday, England were out of sorts and slumped to a heavy defeat at the Karen Rolton Oval in Adelaide.

EXCLUSIVE BY RICHARD GIBSON: England have a potentially more significant injury issue than that of Mark Wood for the tour of Sri Lanka with senior spinner Jack Leach a doubt.

PAUL NEWMAN AND RICHARD GIBSON: Jos Buttler may be given a stay of execution by England as there are concerns over how Ben Foakes plays the short ball.

Worcestershire off-spinner Moeen Ali revealed on Sunday that he misses playing for England ahead of talks with coach Chris Silverwood and captain Joe Root this week.

James Anderson is ready to declare himself fit for the two-Test tour of Sri Lanka next month, although the decision on whether he goes on the trip is for the selectors to make.

RICHARD GIBSON IN DURBAN: Jofra Archer revealed the heartache behind the injury which has ruled him out of the Test series in Sri Lanka after being diagnosed with a stress fracture.

Adil Rashid has ruled himself out of contention for the Test tour of Sri Lanka to leave England with a paucity of spin options for next month's two-match series.

The England Test side are desperate for spin options. So Adil Rashid ruling himself out of next month's Sri Lanka tour will have been a painful blow. 

NASSER HUSSAIN: If you were picking a tennis squad to play on clay you wouldn't fill it with grass court specialists so I can see the argument for horses-for-courses selections.

BBC Test Match Special are on the verge of signing a deal which will see them broadcast live ball-by-ball coverage of England's tour to Sri Lanka, according to The Telegraph .

PAUL NEWMAN IN COLOMBO: England have banned autographs and selfies on their Sri Lankan tour and have asked supportersto keep their distance due to coronavirus.

England are considering calling off their tour of Sri Lanka before an anticipated 3,000 supporters leave home to head to Galle for the first Test.

Pakistan today hosted Test cricket for the first time in a decade against a backdrop of soldiers brandishing machine guns, low-flying army helicopters and armed police escorts.

Moeen Ali has been told to take his time over his Test comeback, with England expected to name uncapped Matt Parkinson as their third spinner for next month's tour of Sri Lanka.

KISHAN VAGHELA: James Anderson has admitted it was 'very frustrating' to be left out of England's tour to Sri Lanka but maintained he was looking forward to a full Lancashire pre-season.

PAUL NEWMAN IN COLOMBO: Dom Sibley begins the latest leg of his journey towards becoming an established Test opener confident he can adapt to the very different conditions in Sri Lanka.

There has been only one recorded case on the island to date but the squad are taking a proactive approach with all players and backroom staff provided with an 'immunity pack' for the Test tour

PAUL NEWMAN IN KATUNAYAKE, SRI LANKA: England were only facing an inexperienced Sri Lanka Cricket XI but Parkinson bowled with accuracy and varied his pace intelligently.

EXCLUSIVE INTERVIEW BY RICHARD EDWARDS: England may be on an upward Test curve after victory in South Africa, but in Sri Lanka they will be up against a coach who has their number.

Ben Stokes has been withdrawn from England's tour match in Sri Lanka due to an abdominal issue which team management insist is unrelated to Coronavirus concerns.

EXCLUSIVE BY MATT HUGHES: The ECB could face a legal battle with Sri Lankan officials to determine how the World Test Championship points for their postponed series are allocated

England were scheduled to play Tests in Galle and Colombo in March before the coronavirus outbreak shut down sport worldwide as countries introduced lockdown measures to prevent the spread.