Inflation ( CCPI)-2.1% (Nov 2024)
GDP4.7% (2Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.69%
12M T-Bill Rate9.07%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.55% / 10.65%
USD/LKR290/291
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

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FeaturedJun 10, 2024

Departures for foreign employment continue to be concentrated in the skilled category

Economic and political uncertainty in Sri Lanka has led to a surge in departures for foreign employment. This trend is particularly notable among skilled workers, with the percentage of skilled labor departures increasing from 66% in 2022 to 70% in 2023.

This growing concentration of skilled workers seeking opportunities abroad underscores the impact of domestic challenges on the labor market.

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