Sri Lanka Business Confidence Growth

2016 - 2023 | Monthly | % Point | CEIC Data

Key information about Sri Lanka Business Confidence Growth

  • Sri Lanka Business Confidence dropped by 8.2 % in May 2023, compared with a decrease of 3.4 % YoY in the previous month.
  • Sri Lanka Business Confidence: YoY Change is updated monthly, available from May 2016 to May 2023, with an averaged rate of -1.8 %.
  • The data reached an all-high of 74.0 % in Mar 2021 and a record low of -73.8 % in Mar 2020.

CEIC calculates Business Confidence Change from monthy Purchasing Managers Index. Central Bank of Sri Lanka provides Purchasing Managers Index with range from 0 to 100 with neutral point 50. Business Confidence covers Manufacturing sector only.

View Sri Lanka's Business Confidence Growth from May 2016 to May 2023 in the chart:

Sri Lanka Business Confidence Growth

What was Sri Lanka's Business Confidence Growth in May 2023?

Sri Lanka Business Confidence dropped by 8.2 % in May 2023, compared with a decrease of 3.4 % YoY in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
-8.2 May 2023 -3.4 Apr 2023 -73.8 Mar 2020 74.0 Mar 2021 % Point monthly May 2016 - May 2023

Business Confidence Growth by Country Comparison

Buy Selected Data

Includes Business Confidence Growth on 72 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (% Point) -3.1 Mar 2024 quarterly Jun 2017 - Mar 2024
Armenia (% Point) -3.7 Jun 2016 quarterly Sep 2006 - Jun 2016
Australia (% Point) 2.0 Mar 2024 monthly Jul 2013 - Mar 2024
Austria (% Point) -15.0 Mar 2024 monthly Jan 1986 - Mar 2024
Belarus (% Point) -9.6 Aug 2014 monthly Dec 2006 - Aug 2014
Belgium (% Point) -4.4 Apr 2024 monthly Jan 1981 - Apr 2024
Brazil (% Point) 5.6 Apr 2024 monthly Jan 2010 - Apr 2024
Bulgaria (% Point) 1.3 Apr 2024 monthly Jan 1994 - Apr 2024
Canada (% Point) 12.4 Apr 2024 monthly Dec 2001 - Apr 2024
Chile (% Point) 6.4 Mar 2024 monthly Nov 2004 - Mar 2024
China (% Point) 2.4 Apr 2024 monthly Jan 2006 - Apr 2024
Colombia (% Point) -6.1 Mar 2024 monthly Jan 1981 - Mar 2024
Croatia (% Point) -7.6 Apr 2024 monthly May 2009 - Apr 2024
Cyprus (% Point) -5.7 Apr 2024 monthly May 2003 - Apr 2024
Czech Republic (% Point) -8.0 Apr 2024 monthly Mar 1994 - Apr 2024
Denmark (% Point) 10.0 Apr 2024 monthly Jan 1999 - Apr 2024
Ecuador (% Point) 0.4 Mar 2024 monthly Feb 2011 - Mar 2024
Estonia (% Point) -4.4 Apr 2024 monthly May 2002 - Apr 2024
European Union (% Point) -5.8 Apr 2024 monthly Jan 1986 - Apr 2024
Finland (% Point) -3.7 Apr 2024 monthly Jan 1994 - Apr 2024
France (% Point) 3.2 Apr 2024 monthly Jan 1986 - Apr 2024
Georgia (% Point) -21.8 Mar 2024 quarterly Dec 2014 - Mar 2024
Germany (% Point) -13.8 Apr 2024 monthly Jan 1992 - Apr 2024
Ghana (%) 22.8 Feb 2024 monthly Dec 2013 - Feb 2024
Greece (% Point) -0.3 Apr 2024 monthly Jan 1986 - Apr 2024
Hong Kong SAR, China (% Point) -13.0 Jun 2024 quarterly Mar 2009 - Jun 2024
Hungary (% Point) 0.2 Apr 2024 monthly Jan 1997 - Apr 2024
Iceland (% Point) 28.7 Mar 2024 quarterly Dec 2003 - Mar 2024
India (% Point) 0.8 Jun 2024 quarterly Jun 2001 - Jun 2024
Indonesia (% Point) 3.8 Jun 2024 quarterly Mar 2011 - Jun 2024
Israel (% Point) -0.6 Apr 2024 monthly Jan 2016 - Apr 2024
Italy (% Point) -5.1 Apr 2024 monthly Jan 1986 - Apr 2024
Japan (% Point) 7.0 Jun 2024 quarterly Mar 2001 - Jun 2024
Kazakhstan (% Point) -2.0 Jun 2023 quarterly Mar 2009 - Jun 2023
South Korea (% Point) 2.0 May 2024 monthly Feb 2004 - May 2024
Latvia (% Point) -6.9 May 2023 monthly Apr 1994 - May 2023
Lithuania (% Point) 11.5 Apr 2024 monthly Apr 2004 - Apr 2024
Luxembourg (% Point) -1.1 Apr 2024 monthly Jan 1986 - Apr 2024
North Macedonia (% Point) -2.9 Dec 2022 monthly Apr 2002 - Dec 2022
Malaysia (% Point) 3.1 Dec 2023 quarterly Mar 2004 - Dec 2023
Malta (% Point) -17.8 Mar 2024 monthly Nov 2003 - Mar 2024
Mauritius (% Point) -9.1 Jun 2019 quarterly Mar 2011 - Jun 2019
Mexico (% Point) 2.3 Apr 2024 monthly Jan 2005 - Apr 2024
Mozambique (% Point) 8.9 Jun 2021 monthly Jan 2005 - Jun 2021
Netherlands (% Point) -3.3 Apr 2024 monthly Jan 1986 - Apr 2024
New Zealand (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
Nigeria (% Point) -0.6 Nov 2023 monthly Jul 2015 - Nov 2023
Norway (% Point) 2.8 Apr 2024 monthly Feb 2005 - Apr 2024
Palestinian Territory (% Point) -27.0 Mar 2024 monthly Apr 2014 - Mar 2024
Peru (% Point) 12.1 Apr 2024 monthly Apr 2003 - Apr 2024
Philippines (% Point) 4.3 Mar 2024 quarterly Jun 2002 - Mar 2024
Poland (% Point) -2.7 May 2023 monthly Jul 2006 - May 2023
Portugal (% Point) -1.1 Apr 2024 monthly Jan 1988 - Apr 2024
Qatar (% Point) -3.6 Mar 2020 quarterly Jun 2015 - Mar 2020
Romania (% Point) 1.0 Apr 2024 monthly Jul 1992 - Apr 2024
Russia (% Point) 2.0 Mar 2024 monthly Jan 2006 - Mar 2024
Serbia (% Point) 2.3 Apr 2024 monthly May 2014 - Apr 2024
Singapore (% Point) 1.6 Apr 2024 monthly Jan 2000 - Apr 2024
Slovakia (% Point) -4.0 Apr 2024 monthly Jan 1994 - Apr 2024
Slovenia (% Point) 1.0 Apr 2024 monthly May 1996 - Apr 2024
South Africa (% Point) 7.6 Apr 2024 monthly Sep 2000 - Apr 2024
Spain (% Point) -2.8 Apr 2024 monthly Jan 1994 - Apr 2024
Sri Lanka (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Sweden (% Point) 12.0 Apr 2024 monthly Jan 2002 - Apr 2024
Switzerland (% Point) -7.8 Apr 2024 monthly Jan 1996 - Apr 2024
Taiwan (% Point) -3.2 Mar 2018 monthly May 2013 - Mar 2018
Thailand (% Point) -5.6 Apr 2024 monthly Feb 2000 - Apr 2024
Turkey (% Point) -1.6 Apr 2024 monthly Jan 2008 - Apr 2024
Ukraine (% Point) 22.3 Dec 2023 quarterly Sep 2013 - Dec 2023
United Kingdom (% Point) 8.4 Dec 2020 monthly Jan 1986 - Dec 2020
United States (% Point) 4.4 Apr 2024 monthly Jan 1949 - Apr 2024
Uruguay (% Point) 4.9 Feb 2024 monthly Oct 1999 - Feb 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Sri Lanka Key Series

Buy Selected Data

Includes 205 key indicators for Sri Lanka, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.3 Dec 2023 quarterly Dec 2014 - Dec 2023
Tax Revenue (USD mn) 8,317.177 2023 yearly 1990 - 2023
Tax Revenue: % of GDP (%) 10.8 Dec 2023 quarterly Mar 2014 - Dec 2023
National Government Debt (USD mn) 86,964.6 Sep 2023 quarterly Mar 2014 - Sep 2023
Government Debt: % of GDP (%) 104.4 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (LKR bn) 4,472.546 2022 yearly 1990 - 2022
Forecast: Government Net Debt (LKR bn) 27,899.420 2022 yearly 1990 - 2022
Forecast: Government Revenue (LKR bn) 2,012.590 2022 yearly 1990 - 2022
Government Debt: Domestic (LKR mn) 17,051,854.265 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Debt: Foreign (LKR mn) 11,644,094.293 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & Lending Minus Repayments (LR) (LKR mn) 1,624,259.612 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Recurrent (LKR mn) 1,371,994.242 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Revenue & Grants​: Revenue (LKR mn) 938,335.266 Dec 2023 quarterly Mar 2014 - Dec 2023
Government Expenditure & LR: Capital & Net Lending (LKR mn) 252,265.370 Dec 2023 quarterly Mar 2014 - Dec 2023
Overall Fiscal Surplus/Deficit (LKR mn) -668,691.039 Dec 2023 quarterly Mar 2014 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.626 2028 yearly 1980 - 2028
Trade Balance (USD mn) -368.8 Mar 2024 monthly Jan 1982 - Mar 2024
Total Exports (USD mn) 1,138.9 Mar 2024 monthly Jan 1982 - Mar 2024
Total Exports Growth (%) 9.8 Mar 2024 monthly Jan 1983 - Mar 2024
Aluminum: Exports (USD th) 8,005.174 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 8,546.747 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,537.951 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,507.7 Mar 2024 monthly Jan 1982 - Mar 2024
Total Imports Growth (%) 4.0 Mar 2024 monthly Jan 1983 - Mar 2024
Imports: Medicament (USD th) 381,649.432 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 128,854.946 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 232.293 Jan 2024 monthly Jan 1978 - Jan 2024
Total Imports from USA (USD mn) 28.986 Jan 2024 monthly Jan 1978 - Jan 2024
Total Exports to China (USD mn) 19.429 Jan 2024 monthly Jan 2016 - Jan 2024
Total Imports from China (USD mn) 264.260 Jan 2024 monthly Jan 2016 - Jan 2024
Exports: Germany (USD mn) 742.000 2022 yearly 2003 - 2022
Exports: India (USD mn) 860.000 2022 yearly 2003 - 2022
Exports: Italy (USD mn) 641.000 2022 yearly 2003 - 2022
Exports: United Kingdom (USD mn) 963.000 2022 yearly 2003 - 2022
Exports: United States of America (USD mn) 3,321.000 2022 yearly 2003 - 2022
Imports: Intermediate Goods: Fuel (LKR mn) 141,255.073 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Intermediate Goods (LKR mn) 308,788.975 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Intermediate Goods: Textiles & Textile Articles (LKR mn) 57,433.821 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Consumer Goods (LKR mn) 82,824.598 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: Investment Goods (LKR mn) 69,124.227 Mar 2024 monthly Jan 1995 - Mar 2024
Imports: China (USD mn) 3,285.000 2022 yearly 2003 - 2022
Imports: India (USD mn) 4,738.000 2022 yearly 2003 - 2022
Imports: Singapore (USD mn) 871.000 2022 yearly 2003 - 2022
Imports: Japan (USD mn) 252.000 2022 yearly 2003 - 2022
Imports: United Arab Emirates (USD mn) 666.000 2022 yearly 2003 - 2022
Export Volume Index (EVoI): 2010=100 (2010=100) 195.253 Mar 2024 monthly Jan 2010 - Mar 2024
Import Volume Index (IVoI): 2010=100 (2010=100) 140.237 Mar 2024 monthly Jan 2010 - Mar 2024
Terms of Trade Index: 2010=100 (2010=100) 84.370 Mar 2024 monthly Jan 2010 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 8.5 Dec 2023 quarterly Mar 2012 - Dec 2023
Current Account Balance (USD mn) 237.2 Dec 2023 quarterly Mar 1977 - Dec 2023
Current Account Balance: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Direct Investment (USD mn) 250.9 Dec 2023 quarterly Mar 1977 - Dec 2023
Foreign Direct Investment: % of GDP (%) 1.1 Dec 2023 quarterly Mar 2002 - Dec 2023
Foreign Portfolio Investment (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -1.3 Dec 2023 quarterly Mar 2012 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 46.216 Dec 2023 quarterly Mar 2012 - Dec 2023
External Debt (USD mn) 54,831.6 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: % of GDP (%) 75.0 2022 yearly 1998 - 2022
External Debt: Short Term (USD mn) 5,031.5 Dec 2023 quarterly Dec 2012 - Dec 2023
External Debt: Short Term: % of GDP (%) 11.5 2022 yearly 1998 - 2022
Forecast: Current Account Balance (USD bn) -0.744 2022 yearly 1980 - 2022
Net International Investment Position (USD mn) -51,439.912 Dec 2023 quarterly Mar 2013 - Dec 2023
BoP: Current Account: Credit (USD mn) 6,143.302 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) 793.113 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -666.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods (USD mn) -1,559.075 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 126.558 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets (USD mn) 563.424 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account: Debit (USD mn) 5,906.148 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account (CP) (USD mn) 8.556 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Portfolio Investment (PO) (USD mn) 44.911 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services: Credit (USD mn) 1,462.666 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Portfolio Investment (PO) (USD mn) 173.433 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities (USD mn) 406.899 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current Account (CA) (USD mn) 237.154 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Goods: Credit (USD mn) 2,928.692 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Direct Investment (DI) (USD mn) 8.483 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: CA: Goods & Services: Services (USD mn) 918.441 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Secondary Income: Credit (USD mn) 1,625.386 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Direct Investment (DI) (USD mn) 250.896 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Capital Account: Credit (USD mn) 16.646 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & Capital Account (USD mn) 245.710 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Reserve Assets (RA) (USD mn) 593.539 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Credit (USD mn) 6,159.948 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: Current & CA: Debit (USD mn) 5,914.238 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Other Investment (OI) (USD mn) -212.031 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Liabilities: Other Investment (OI) (USD mn) 111.092 Dec 2023 quarterly Mar 2012 - Dec 2023
BoP: FA: Assets: Errors & Ommissions (USD mn) 192.632 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Liabilities: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
BoP: FA: Assets: Financial Derivatives (USD mn) 0.000 Dec 2018 quarterly Mar 2012 - Dec 2018
International Investment Position (IIP): Net (USD mn) -51,439.912 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Liabilities (USD mn) 63,986.189 Dec 2023 quarterly Dec 2012 - Dec 2023
IIP: Assets (USD mn) 12,546.277 Dec 2023 quarterly Dec 2012 - Dec 2023
No of Registered Enterprises (Unit) 6,298.000 2022 yearly 1994 - 2022
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 4.5 2021 yearly 1998 - 2021
Household Debt: % of GDP (%) 6.5 Jun 2023 quarterly Dec 2010 - Jun 2023
Money Supply M1 (USD mn) 5,256.105 Feb 2024 monthly Jan 1994 - Feb 2024
Money Supply M2 (USD mn) 37,373.103 Feb 2024 monthly Jan 1994 - Feb 2024
M2 Growth (%) 9.6 Feb 2024 monthly Jan 1995 - Feb 2024
Reserve Requirement Ratio (%) 4.0 Jun 2023 monthly Mar 1997 - Jun 2023
Foreign Exchange Reserves (USD mn) 4,916.4 Mar 2024 monthly Dec 1956 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 3.3 Mar 2024 monthly Jan 1982 - Mar 2024
Gold Reserves (USD mn) 33.772 Mar 2024 monthly Dec 1977 - Mar 2024
Total Deposits (USD mn) 45,118.862 Jul 2023 monthly Dec 2002 - Jul 2023
Total Deposits Growth (%) 6.7 Jul 2023 monthly Dec 2003 - Jul 2023
Domestic Credit (USD mn) 1,267.7 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Credit Growth (%) -97.5 Dec 2023 monthly Jan 1997 - Dec 2023
Household Debt (USD mn) 5,580.5 Jun 2023 quarterly Jun 2010 - Jun 2023
Total Loans (USD mn) 26,741.622 Feb 2024 monthly Dec 1983 - Feb 2024
Total Loans Growth (%) 0.42 Feb 2024 monthly Dec 1984 - Feb 2024
Private Debt: % of Nominal GDP (%) 25.97 Jun 2023 quarterly Dec 2010 - Jun 2023
ORA: Foreign Currency Reserves in Convertible FC (FCR) (USD mn) 4,916.379 Mar 2024 monthly Nov 2013 - Mar 2024
Official Reserve Assets (ORA) (USD mn) 4,959.846 Mar 2024 monthly Nov 2013 - Mar 2024
Commercial Banks: Loans: Personal Loans & Advances (LA) (LKR mn) 1,714,837.000 Jun 2023 quarterly Jun 2010 - Jun 2023
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -8.2 May 2023 monthly May 2016 - May 2023
Business Sentiment Index: Business Condition: Current Quarter (Index) 93.000 Dec 2023 quarterly Jun 2014 - Dec 2023
Purchasing Managers Index: Manufacturing (Index) 62.500 Mar 2024 monthly May 2015 - Mar 2024

More Indicators for Sri Lanka

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data