Trade Balance in Sri Lanka

Sri Lanka Trade Balance | Economic News & Forecasts

Sri Lanka - Trade Balance

The country appears to be slowly recovering in the fourth quarter, following the constitutional crisis that paralyzed the economy in Q3. On 15 December, Ranil Wickremesinghe was finally reinstated as prime minister, which helped stem the hemorrhage of capital outflows. The rupee also stabilized in recent weeks from the all-time low against the dollar reached at the end of December. In other positive news, the country is also expected to receive an IMF delegation in February to resume discussions on an ongoing USD 1.5 billion loan program. Nevertheless, political tensions are expected to linger, which threatens progress on fiscal consolidation efforts.

Sri Lanka - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-7.6  -8.3  -8.4  -8.9  -9.6  

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Note: Trade balance in USD bn.

Sri Lanka Facts

Exchange Rate178.60.02 %Feb 14

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