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Country Report Sri Lanka

  • ID: 2101405
  • Country Profile
  • Region: Sri Lanka
  • 20 Pages
  • The Economist Intelligence Unit
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The Economist Intelligence Unit does not expect the current government, led by the United National Party, to serve out its full term, which expires in September 2020. It is likely to be voted out in early elections, which we expect to be called after February 2020.

In the aftermath of the recent terrorist attacks in the country, risks to political stability have risen markedly. Social unrest, caused by religious and ethnic tensions, will continue to pose a threat to political stability during the 2019-23 forecast period.

The budget deficit will narrow slightly, averaging the equivalent of 5.1% of GDP annually in 2019-20. The deficit is forecast to widen in 2021, as fiscal discipline loosens after conclusion of the IMF programme in 2020.
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Country Report Sri Lanka

Briefing sheet
Political and economic outlook
Key changes since May 10th
The month ahead
Major risks to our forecast

Outlook for 2019-23: Political stability

Outlook for 2019-23: Election watch

Outlook for 2019-23: International relations

Outlook for 2019-23: Policy trends

Outlook for 2019-23: Fiscal policy

Outlook for 2019-23: Monetary policy

Outlook for 2019-23: International assumptions

Outlook for 2019-23: Economic growth

Outlook for 2019-23: Inflation

Outlook for 2019-23: Exchange rates

Outlook for 2019-23: External sector

Outlook for 2019-23: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Main towns
Weather in Colombo
Fiscal year
Public holidays

Political structure
Official name
Form of state
The executive
National legislature
Local government
National elections
National government
Main political organisations
Main members of the government
Key ministers
Central bank governor
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