Sri Lanka Inflation Rate 1960-2024
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.
- Sri Lanka inflation rate for 2023 was 16.54%, a 33.18% decline from 2022.
- Sri Lanka inflation rate for 2022 was 49.72%, a 42.71% increase from 2021.
- Sri Lanka inflation rate for 2021 was 7.01%, a 0.86% increase from 2020.
- Sri Lanka inflation rate for 2020 was 6.15%, a 2.63% increase from 2019.
Sri Lanka Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
16.54% |
-33.18% |
2022 |
49.72% |
42.71% |
2021 |
7.01% |
0.86% |
2020 |
6.15% |
2.63% |
2019 |
3.53% |
1.39% |
2018 |
2.14% |
-5.57% |
2017 |
7.70% |
3.75% |
2016 |
3.96% |
0.19% |
2015 |
3.77% |
0.59% |
2014 |
3.18% |
-3.73% |
2013 |
6.91% |
-0.63% |
2012 |
7.54% |
0.83% |
2011 |
6.72% |
0.50% |
2010 |
6.22% |
2.75% |
2009 |
3.47% |
-19.10% |
2008 |
22.56% |
6.72% |
2007 |
15.84% |
5.82% |
2006 |
10.02% |
-1.62% |
2005 |
11.64% |
4.06% |
2004 |
7.58% |
1.26% |
2003 |
6.31% |
-3.24% |
2002 |
9.55% |
-4.61% |
2001 |
14.16% |
7.98% |
2000 |
6.18% |
1.48% |
1999 |
4.69% |
-4.67% |
1998 |
9.36% |
-0.21% |
1997 |
9.57% |
-6.36% |
1996 |
15.94% |
8.26% |
1995 |
7.67% |
-0.77% |
1994 |
8.45% |
-3.30% |
1993 |
11.75% |
0.36% |
1992 |
11.38% |
-0.80% |
1991 |
12.19% |
-9.31% |
1990 |
21.50% |
9.93% |
1989 |
11.57% |
-2.42% |
1988 |
13.99% |
6.27% |
1987 |
7.72% |
-0.26% |
1986 |
7.98% |
6.50% |
1985 |
1.48% |
-15.16% |
1984 |
16.64% |
2.67% |
1983 |
13.96% |
3.14% |
1982 |
10.83% |
-7.14% |
1981 |
17.97% |
-8.18% |
1980 |
26.15% |
15.41% |
1979 |
10.73% |
-1.41% |
1978 |
12.14% |
10.92% |
1977 |
1.22% |
-0.10% |
1976 |
1.33% |
-5.30% |
1975 |
6.63% |
-5.68% |
1974 |
12.30% |
2.68% |
1973 |
9.63% |
3.28% |
1972 |
6.35% |
3.68% |
1971 |
2.67% |
-3.20% |
1970 |
5.87% |
-1.59% |
1969 |
7.46% |
1.60% |
1968 |
5.86% |
3.67% |
1967 |
2.19% |
2.34% |
1966 |
-0.16% |
-0.38% |
1965 |
0.22% |
-2.97% |
1964 |
3.20% |
0.92% |
1963 |
2.27% |
0.77% |
1962 |
1.50% |
0.37% |
1961 |
1.13% |
2.68% |
1960 |
-1.54% |
2.68% |