Fiscal Balance in Sri Lanka

Sri Lanka Fiscal Balance | Economic News & Forecasts

Sri Lanka - Fiscal Balance

Although economic growth reached a one-year high in the first quarter, the second quarter will have been dismal owing to the 21 April terrorist bombings. Tourist arrivals fell 71% year-on-year in May and 57% in June, while the service PMI remained in the doldrums in May as all tourism-related sectors suffered. Nevertheless, growth may have bottomed-out in Q2, with the government slashing airline charges on 8 July in a bid to boost tourism. This, along with the reinstatement of the free visa program for 39 countries, a recent interest rate cut by the Central Bank and the extension of the IMF program, may support a modest rebound in Q3. Meanwhile, on 25 June, the government raised USD 2 billion through bond issuance, shoring up much-needed FX reserves.

Sri Lanka - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-     -     -     -     -     

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Sri Lanka Fiscal Balance Chart

Sri Lanka Fiscal
Note: Fiscal balance as % of GDP
Source: IMF

Sri Lanka Facts

Exchange Rate175.40.02 %Jul 11

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

    Search form