Public Debt in Sri Lanka

Sri Lanka Public Debt | Economic News & Forecasts

Sri Lanka - Public Debt

The economy gained significant steam in Q2, as private consumption and fixed investment closed in on pre-pandemic levels. Meanwhile, Q3 seemingly got off to a positive start as looser Covid-19 restrictions in early July boosted momentum, with both PMIs performing well in the month. Moreover, activity appeared to be fairly resilient to the lockdown imposed in late August, as although both PMIs briefly fell into contractionary territory in that month, they averaged higher in Q3 relative to the previous quarter. Moving on to Q4, reduced Covid-19 cases led to the lifting of the lockdown in early October, which should support the economy ahead. In other news, on 11 October the Central Bank scrapped a plan to buy back USD 1.5 billion worth of sovereign bonds due to mature next year—a move that suggests investors expect a restructuring of debt as the country struggles with its fragile external position.

Sri Lanka - Public Debt Data

2015   2016   2017   2018   2019  
Public Debt (% of GDP)77.7  79.0  77.9  83.7  86.8  

Sample Report

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

Download

Sri Lanka Public Debt Chart


Sri Lanka Public Debt
Note: Public debt as % of GDP.
Source: IMF

Sri Lanka Facts

Value Change Date
Exchange Rate181.20.02 %Jan 01

Sample Report

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

Download

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