Youth Unemployment Rate in Sri Lanka increased to 27.70 percent in the second quarter of 2020 from 26.80 percent in the first quarter of 2020. source: Department of Census and Statistics - Sri Lanka

Youth Unemployment Rate in Sri Lanka averaged 24.61 percent from 1992 until 2020, reaching an all time high of 38.10 percent in the first quarter of 1994 and a record low of 15.40 percent in the fourth quarter of 2015. This page provides - Sri Lanka Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Youth Unemployment Rate - values, historical data and charts - was last updated on November of 2020.

Youth Unemployment Rate in Sri Lanka is expected to be 24.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Sri Lanka to stand at 23.00 in 12 months time. In the long-term, the Sri Lanka Youth Unemployment Rate is projected to trend around 22.00 percent in 2021 and 21.00 percent in 2022, according to our econometric models.

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Sri Lanka Youth Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
27.70 26.80 38.10 15.40 1992 - 2020 percent Quarterly

Sri Lanka Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.70 16.60 3.70 percent [+]
Employed Persons 7977000.00 8020446.00 8554179.00 4962105.00 [+]
Unemployed Persons 458359.00 483172.00 953794.00 282648.00 [+]
Labor Force Participation Rate 50.20 51.00 54.70 46.90 percent [+]
Population 21.90 21.67 21.90 9.87 Million [+]
Youth Unemployment Rate 27.70 26.80 38.10 15.40 percent [+]
Minimum Wages 10000.00 10000.00 10000.00 10000.00 LKR/Month [+]
Employment Rate 94.30 95.50 96.30 91.00 percent [+]