Sri Lanka: Unemployment rate forecast
* indicates monthly or quarterly data series
| Sri Lanka |
Unemployment rate forecast |
|---|---|
| Latest value | 5.25 |
| Year | 2022 |
| Measure | percent |
| Data availability | 1990 - 2022 |
| Average | 7.81 |
| Min - Max | 4.00 - 15.90 |
| Source | International Monetary Fund |
The latest value from 2022 is 5.25 percent, an increase from 5.1 percent in 2021. In comparison, the world average is 7.17 percent, based on data from 106 countries. Historically, the average for Sri Lanka from 1990 to 2022 is 7.81 percent. The minimum value, 4 percent, was reached in 2012 while the maximum of 15.9 percent was recorded in 1990.
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* indicates monthly or quarterly data series
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Definition: The unemployment rate is the number of unemployed persons as a percentage of the labor force (the total number of people employed plus unemployed). The series includes actual historical values for past years and forecast values for the current and the next few years.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth forecast | -7.35 | 2022 | percent |
| Investment forecast | 28.60 | 2022 | percent |
| Inflation forecast | 54.53 | 2022 | percent |
| Unemployment rate forecast | 5.25 | 2022 | percent |
| Current account forecast | -1.00 | 2022 | percent |