Unemployment Rate in Sri Lanka increased to 4.60 percent in the second quarter of 2022 from 4.30 percent in the first quarter of 2022. The employment rate went down to 95.4 percent from 95.7 percent and the labor force participation rate also went down to 50.1 percent from 51.2 percent. source: Department of Census and Statistics - Sri Lanka

Unemployment Rate in Sri Lanka averaged 7.50 percent from 1991 until 2022, reaching an all time high of 16.60 percent in the second quarter of 1992 and a record low of 3.70 percent in the fourth quarter of 2013. This page provides - Sri Lanka Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sri Lanka Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.

Unemployment Rate in Sri Lanka is expected to be 4.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Unemployment Rate is projected to trend around 4.60 percent in 2023 and 4.50 percent in 2024, according to our econometric models.

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Sri Lanka Unemployment Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-03-31 11:00 AM Q4 4.6% 5.2% 4.9%
2022-10-05 10:00 AM Q2 4.6% 4.3% 4.4%
2022-12-30 11:00 AM Q3 4.6% 4.8%

Related Last Previous Unit Reference
Unemployment Rate 4.60 4.30 percent Jun 2022
Employed Persons 8177045.00 8388531.00 Jun 2022
Unemployed Persons 373272.00 391509.00 Mar 2022
Population 22.16 21.92 Million Dec 2021
Youth Unemployment Rate 23.80 24.20 percent Dec 2021

Sri Lanka Unemployment Rate
In Sri Lanka, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.
Actual Previous Highest Lowest Dates Unit Frequency
4.60 4.30 16.60 3.70 1991 - 2022 percent Quarterly