Inflation Rate in Sri Lanka decreased by 0.60 percent in June from -0.70 percent in May of 2025. This dataset provides - Sri Lanka Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

For the past few years, Sri Lanka’s economy has been thriving. Gross domestic product is soaring, and despite the densely populated country being among the smallest in the Asia Pacific region, its GDP per capita is not – it has almost doubled over the past decade. Sri Lanka’s inflation rate has been through the wringer, however: From around seven percent in 2013 to a sudden slump to around two percent in 2015 with a rapid upturn and peak at 6.5 percent in 2017 again. The slump in 2015 is mainly due to the country amassing national debt, which is soaring just as much as GDP. Sri Lanka has been spending so much money on developing its infrastructure, it needed help from the International Monetary Fund.

Bailed out

The International Monetary Fund does not just bail a country out frivolously, although Sri Lanka is by far not the only one requesting financial aid. Other countries have turned to the IMF for help in the past, the most famous example of asking for a bailout is Greece, which still struggles with the consequences of economic turmoil, austerity, and debt years later. Bailout money comes with terms and conditions, since it is a temporary solution to facilitate resolving an economic crisis. Often, one of these conditions is that countries take matters into their own hands and do everything they can to avoid further crises and to help get themselves out of debt.

Maxing out the cards

Sri Lanka has been living above its means, but prognoses look promising. Inflation is expected to level off around five percent, as is government expenditure at around 20 percent of GDP. Debt is still rising, of course, but trade seems in good shape, as well, with exports increasing, lowering the trade deficit. All in all, it looks like investing in infrastructure may pay off after all.

Core consumer prices in Sri Lanka increased 1.50 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Sri Lanka Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Sri Lanka inflation rate for 2024 was -0.43%, a 16.97% decline from 2023.

<ul style='margin-top:20px;'>

<li>Sri Lanka inflation rate for 2023 was <strong>16.54%</strong>, a <strong>33.18% decline</strong> from 2022.</li>
<li>Sri Lanka inflation rate for 2022 was <strong>49.72%</strong>, a <strong>42.71% increase</strong> from 2021.</li>
<li>Sri Lanka inflation rate for 2021 was <strong>7.01%</strong>, a <strong>0.86% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

The Consumer Price Index in Sri Lanka increased 0.90 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Sri Lanka Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, monthly percent change in the CPI in Sri Lanka, May, 2025 The most recent value is 0.48 percent as of May 2025, an increase compared to the previous value of 0.24 percent. Historically, the average for Sri Lanka from February 1960 to May 2025 is 0.69 percent. The minimum of -3.51 percent was recorded in September 1994, while the maximum of 10.49 percent was reached in April 2022. | TheGlobalEconomy.com

Graph and download economic data for Inflation, consumer prices for Sri Lanka (FPCPITOTLZGLKA) from 1960 to 2024 about Sri Lanka, consumer, CPI, inflation, price index, indexes, and price.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Sri Lanka was 0.58 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at -0.82 percent. Compared to a year ago, we see a decrease from the...

Cost of food in Sri Lanka increased 4.30 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Sri Lanka Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 8.244 % in 2017. This records an increase from the previous number of 4.080 % for 2016. Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 8.863 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 20.063 % in 1990 and a record low of 0.649 % in 2015. Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

Inflation, consumer prices (annual %) in Sri Lanka was reported at --0.42936 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

In 2023, Pakistan's inflation rate was estimated to be just over ** percent, with projections indicating it would fall to around *** percent by 2025. In contrast, the Maldives had an inflation rate of about *** percent in 2023, which was forecasted to rise to approximately *** percent in 2025.

Key information about Sri Lanka Consumer Price Index CPI growth

• Sri Lanka Consumer Price Index (CPI) growth was measured at -4.0 % YoY in Jan 2025, compared with a rate of -2.0 % in the previous month.
• Sri Lanka Consumer Price Index growth data is updated monthly, available from Jan 1960 to Jan 2025, with an averaged number of 7.1 % YoY.
• The data reached an all-time high of 73.7 % YoY in Sep 2022 and a record low of -4.2 % YoY in Jul 1960.

CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. The Department of Census and Statistics provides Consumer Price Index with base 2021=100. Consumer Price Index Growth prior to January 2023 is calculated from Consumer Price Index with base 2013=100. Consumer Price Index Growth prior to January 2015 is sourced from the International Monetary Fund.

As of September 2022, Sri Lanka had by far the highest inflation rate in the Asia-Pacific region at 69.8 percent. Laos followed with 34 percent. In contrast, Macao had an inflation rate of 1.12 percent as of September 2022.

Inflation, GDP deflator: linked series (annual %) in Sri Lanka was reported at 3.839 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Sri Lanka - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

At 23.06 percent, Pakistan had by far the highest inflation rate among South Asian economies as of February 2024. In contrast, Afghanistan had a negative inflation rate of 9.7 percent in the February of the same year.

Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator data was reported at 8.244 % in 2017. This records an increase from the previous number of 4.080 % for 2016. Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator data is updated yearly, averaging 9.354 % from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 24.379 % in 1974 and a record low of -2.347 % in 1962. Sri Lanka LK: Inflation:(GDP) Gross Domestic ProductDeflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.WDI: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; Median;

Abstract

Food price inflation is an important metric to inform economic policy but traditional sources of consumer prices are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual price trends in rural or poverty-stricken areas, where large populations reside in fragile situations. This data set includes food price estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

Geographic coverage notes

The data cover the following areas: Afghanistan, Armenia, Bangladesh, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Congo, Dem. Rep., Congo, Rep., Gambia, The, Guinea, Guinea-Bissau, Haiti, Indonesia, Iraq, Kenya, Lao PDR, Lebanon, Liberia, Libya, Malawi, Mali, Mauritania, Mozambique, Myanmar, Niger, Nigeria, Philippines, Senegal, Somalia, South Sudan, Sri Lanka, Sudan, Syrian Arab Republic, Yemen, Rep.

Sri Lanka LK: Consumer Price Index (CPI): % Change data was reported at 7.704 % in 2017. This records an increase from the previous number of 3.959 % for 2016. Sri Lanka LK: Consumer Price Index (CPI): % Change data is updated yearly, averaging 6.717 % from Dec 1951 (Median) to 2017, with 67 observations. The data reached an all-time high of 26.145 % in 1980 and a record low of -1.545 % in 1960. Sri Lanka LK: Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Sri Lanka – Table LK.IMF.IFS: Consumer and Producer Price Index: Annual.

Sri Lanka LK: Real Interest Rate data was reported at 6.162 % pa in 2016. This records a decrease from the previous number of 6.268 % pa for 2015. Sri Lanka LK: Real Interest Rate data is updated yearly, averaging 2.673 % pa from Dec 2002 (Median) to 2016, with 15 observations. The data reached an all-time high of 9.248 % pa in 2009 and a record low of -10.246 % pa in 2010. Sri Lanka LK: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Sri Lanka – Table LK.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;