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Official Hansard & Gazette Backed1995–2026 Authoritative Records

Sri Lanka, Explained by Data.

Explore Sri Lanka’s economy, governments, budgets, public finance, Parliament, politicians and accountability — from 1995 to today.

LIVE CBSL / TREASURY INTELLIGENCE

All data is sourced from primary government records, the Central Bank of Sri Lanka, the Department of Census and Statistics, Supreme Court determinations, and the National Audit Office.

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USD / LKR
301.60
-0.18% (24h)View Details
EUR / LKR
331.15
+0.32% (24h)View Details
GBP / LKR
389.40
-0.12% (24h)View Details
Headline Inflation (CCPI)
1.8%
-0.6% YoYView Details
Official Foreign Reserves
$6.20 B
+$1.4B YoYView Details
GDP Growth
4.8%
+0.3% YoYView Details
Debt to GDP Ratio
104.2%
-5.6% from 2024View Details
Petrol 92 (per Litre)
Rs. 344
-Rs. 11/L revisionView Details
Auto Diesel (per Litre)
Rs. 317
-Rs. 8/L revisionView Details
Economy Today (1995–2026)

Real GDP Growth Rate

Annualized percentage change in the volume of goods and services produced in Sri Lanka at constant base prices.

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Compare Governments

What Changed in the Economy?

Compare macroeconomic baselines across political transitions.

Start Year:
End Year:2026 (Current)
USD/LKR Exchange Rate
131.3301.6
+129% depreciation since 2015
GDP Growth
5.0%4.8%
Returned to positive expansion
Debt to GDP Ratio
71.3%104.2%
+32.9% net change over baseline
Official Foreign Reserves
$8.2 B$6.2 B
Rebuilt from $20M usable in April 2022
Standard VAT Rate
12.0%18.0%
Widened to meet revenue targets
crisisTitle

crisisSubtitle

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2019-11-27POLICY_ERRORS

Sweeping Tax Cuts Enacted

New administration slashes VAT from 15% to 8%, abolishes NBT, withholding tax, and expands PAYE thresholds. Treasury loses ~Rs. 600B in annual revenue (over 30% of state income). Rating agencies downgrade Sri Lanka to B- / CCC.

Sweeping Tax Cuts Enacted
2020-03-20COVID_SHOCK

COVID-19 Pandemic & Global Lockdowns

Tourism revenue drops to near zero ($4B annual inflow lost). Domestic economic activities restricted. Central Bank begins large-scale Treasury bill purchases (monetary financing).

COVID-19 Pandemic & Global Lockdowns
2021-04-27POLICY_ERRORS

Chemical Fertilizer Total Overnight Ban

Imports of synthetic fertilizers and pesticides banned to enforce 100% organic agriculture. Crop yields collapse (paddy -34%, tea exports hit hard), worsening forex shortages and triggering domestic food inflation.

Chemical Fertilizer Total Overnight Ban
2021-09-01POLICY_ERRORS

Artificial Rupee Peg & Remittance Diversion

Central Bank artificially pins USD/LKR rate at 203 while domestic inflation climbs. Migrant workers divert remittances to informal Hawala/Undiyal channels offering 240–260 LKR/USD. Usable official reserves drop under $500M.

Artificial Rupee Peg & Remittance Diversion
Sri Lankan Political Leaders

Explore political careers, parliamentary records, public positions and source-backed accountability information.

MANDATORY VERIFICATION POLICY: Every submission enters [PENDING REVIEW]. Unverified social media rumors, partisan commentary, or defamatory statements without primary official documentation (Supreme Court, Parliament, NAO, Gazette) will be automatically rejected.