What is the unemployment rate in Sri Lanka 2020?

What is the unemployment rate in Sri Lanka 2020?

approximately 4.84 percent
In 2020, the unemployment rate in Sri Lanka was at approximately 4.84 percent.

What is the unemployment rate in Sri Lanka 2021?

5.70%
Sri Lanka`s Unemployment Rate increased to 5.70% in Mar 2021, from the previously reported figure of 5.20% in Dec 2020.

What is the reason for unemployment in Sri Lanka?

Sri Lanka’s high unemployment rate has been attributed to a mismatch of skills, to queuing for public sector jobs, and to stringent job security regulations.

What is the poverty rate in Sri Lanka?

4.1%
Poverty Data: Sri Lanka. In Sri Lanka, 4.1% of the population lives below the national poverty line in 2016. In Sri Lanka, the proportion of employed population below $1.90 purchasing power parity a day in 2019 is 0.4%.

What are the main income in Sri Lanka?

Services accounted for 58.2% of Sri Lanka’s economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.

What is inflation rate in Sri Lanka?

Inflation is expected to level off around five percent, as is government expenditure at around 20 percent of GDP….Sri Lanka: Inflation rate from 1986 to 2026 (compared to the previous year)

What is a good salary in Sri Lanka?

The salary range for people working in Sri Lanka is typically from 23,622.00 LKR (minimum salary) to 106,319.00 LKR (highest average, actual maximum salary is higher).

Why is Sri Lanka so poor?

According to the World Food Programme, 22% of Sri Lankans are undernourished or malnourished which signifies that many citizens lack necessary vitamins and minerals. Climate change also negatively affects the poverty rate in Sri Lanka as severe floods and droughts threaten food security and limit access to clean water.