1: LIJ Mza Mza Kg On Mn Mts Rd Kg 50,000 121: LIJ Mza Mza Kg On Mn Mts Rd Kg 50,000 12
MONTHLY ECONOMIC INDICATORS...25 INTERNATIONAL FINANCE 17 CONTENTS SUBJECT Period Unit 2019 2020...
Transcript of MONTHLY ECONOMIC INDICATORS...25 INTERNATIONAL FINANCE 17 CONTENTS SUBJECT Period Unit 2019 2020...
MONTHLY
ECONOMIC INDICATORS
May
2020
Statistics Department
Central Bank of Sri Lanka
PAGE
SUMMARY I
1 GROSS DOMESTIC PRODUCT AT CONSTANT (2010) PRICES 1
2 BUSINESS OUTLOOK SURVEY 1
3 AGRICULTURE 2
4 INDEX OF INDUSTRIAL PRODUCTION 2
5 PURCHASING MANAGERS' INDEX - MANUFACTURING 3
6 HOUSING & CONSTRUCTION 3
7 ENERGY 3
8 PURCHASING MANAGERS' INDEX - SERVICE 4
9 TELECOMMUNICATIONS 4
10 TRANSPORT 4
11 PORT SERVICES 5
12 PRICE INDICES 5
13 AVERAGE RETAIL PRICES - PETTAH MARKET 6
14 UNEMPLOYMENT 6
15 WAGE INDICES 6
16 GOVERNMENT FINANCE 7
17 MONETARY AGGREGATES & UNDERLYING FACTORS 8
18 BANKING 9
19 INTEREST RATES 10
20 CREDIT CARDS 11
21 COMMERCIAL PAPER ISSUES 11
22 SHARE MARKET 11
23 EXTERNAL TRADE 12
24 TOURISM 16
25 INTERNATIONAL FINANCE 17
CONTENTS
SUBJECT
Period Unit 2019 2020 Y-o-Y Change
Real Sector
Tea March Mn. Kg 28.2 13.3 -52.8
Rubber March Mn. Kg 7.2 5.1 -29.5
Coconut March Mn.Nuts 276.5 211.9 -23.4
Fish March Mn. Kg 47.5 35.4 -25.4
2018 2019
Paddy Maha(a) Mn. Kg 2,396.9 3,072.6 28.2
Yala(b) Mn. Kg 1,532.9 1,519.5 -0.9
2019 2020
Electricity Generation January GWh. 1,305 1,354 3.8
February 1,218 1,297 6.5
March 1,382 1,253 -9.3
Index of Industrial Production March 2015 = 100 116.5 83.8 -28.1
April 96.9 49.7 -48.7
NCPI (Year-On-Year % Change) April 2013 = 100 3.6 5.9
May 3.5 5.2
CCPI (Year-On-Year % Change) May 2013 = 100 5.0 4.0
Fiscal Sector 2019 2020
Revenue and Grants January - March Rs. Mn. 442,501 407,233 -8.0
Recurrent Expenditure January - March Rs. Mn. 576,012 647,956 12.5
Monetary Sector 2019 2020
Money Supply
Narrow Money M1 End April Rs. Mn. 828,316.98 992,502.31 19.8
Broad Money M2 End April Rs. Mn. 6,585,518.92 7,466,097.77 13.4
Consolidated Broad Money(M2b)(c) End April Rs. Mn. 7,295,455.63 8,258,996.97 13.2
Broad Money M4 End March Rs. Mn. 8,902,068.61 9,973,229.96 12.0
Share Market
ASPI End May 1985 = 100 5,310.95 4,846.76 -8.7
S&P SL20 End May 2004 = 1000 2,469.82 2,016.08 -18.4
Market Capitalisation End May Rs. Bn. 2,502.27 2,265.99 -9.4
External Sector 2019 2020
External Trade
Exports March US$ Mn. 1,137 656 -42.3
April 798 282 -64.6
Imports March US$ Mn. 1,729 1,205 -30.3
April 1,596 1,123 -29.6
Balance of Trade March US$ Mn. -592 -549
April -797 -840
2018 2019
Balance of Payments
Trade Account 4th
Quarter US$ Mn. -1,470 -1,681 14.4
Current Account 4th
Quarter US$ Mn. -813 -882 8.5
Current & Capital Accounts 4th
Quarter US$ Mn. -813 -882 8.5
Financial Account (net) 4th
Quarter US$ Mn. -677 -666 -1.6
2020 2020 2020End End End
February March April
Total Reserves (d) US$ Mn. 10,938 10,686 n.a.
(b) Apr.\May - Aug.\Sep. (d) Including ACU receipts
I
SUMMARY OF SELECTED ECONOMIC INDICATORS
May 2020
Item
(a) Sep.\Oct. - Mar.\Apr. (c) Inclusive of FCBUs
Agriculture
Industry
Services
Taxes less subsidies on products
Agriculture
Industry
Services
Taxes less subsidies on products
(a) Provisional Source: Department of Census and Statistics
(b) Revised
Business Condition (Level)
Profitability (Q-o-Q)
Profitability (Y-o-Y)
Skilled Labour Availability (Y-o-Y)
Demand (Y-o-Y)
Sales (Y-o-Y)
Capacity Utilization (Y-o-Y)
Source: Central Bank of Sri Lanka
4th
Quarter - 2019 (a)
(Rs. Mn)
2018 (b)
193,324
613,301
1,467,911
408,895
2,683,432
2019
185,458
621,663
1,507,963
422,745
2,737,830
Contribution to
Change (%)
74 63 64 78
Q1Q4
18/17 (b)
45
(126)
49
(112)
33
(103)
-
-
40
(115)
78
(97)
42
(122)
(17)
-
(75)
-
(45)
-
(18)
-
(32)
8.2
-3.4
4.2
Q3 Q1 Q2
-0.4
1.9
19/18
-4.1
1.4
2.7
3.4
2.0
2.3
2.6
2.3
18/17 (b)
6.5
Contribution to
Change (%)
2018 (b)
13.5
10.0
78.2
-1.6
100.0
2019
1.8
30.8
56.8
10.6
100.0
4.6
-0.6
3.3
Annual - 2019 (a)
(Rs. Mn)
2018 (b)
683,816
2018 (b)
29.0
-42.4
116.8
-3.4
2,540,315
5,555,303
889,166
9,668,600
2019
687,857
2,608,211
5,680,757
912,553
9,889,379
1.2
Growth (%)
19/18
0.6
2.7
1
2019
-14.5
15.4
73.6
25.5
100.0
Growth (%)
115 120 93 88 102
(127) (120)
(123) (128) (121) (115)
101
(96)
86
100.0
-
(a) BSIs presented in the above table are realised numbers while the numbers given within parenthesis show the
respondent’s expectations for the relevant quarter given during the preceding quarter.
(124)
66
Business Sentiment
Index (BSI) (a)
78
(101)
72
(105)
-
-
95
(95)
111
(137) (131) (123)
(97) (104) (104)(93)
125
93 100
(109)
125
(127)
90
(119)
87
- - -
- - - -
(106)
- (110) (103) (92)
Q2
-
(10)
-
-
-
2020
87
(107)
89
(108)
-
Q2
(81) (72)
Q3
(80)
8769 83 75 89 95
-
(99)
122
(137)
119
(136)
128
(126)
2018 2019
116
(127)
121
(126)
(97)
93
(109)(120)
(106)
116 120
(101)
99 102 94
(121)
94
(117)
(89)
110
Economic Activity
Economic Activity
GDP
GDP
118
(143)
Q1
(101)
120
Q4
61
(73)
-
-
127
(130)
-
96
1. GROSS DOMESTIC PRODUCT AT CONSTANT (2010) PRICES
2. BUSINESS OUTLOOK SURVEY
0
4
8
% ChangeReal GDP
Quarter
-4
0
4
8
2014 2015 2016 2017 2018 2019
% Annual GDP Growth Rate
Agriculture
Industry
Services
GDPYear
Tea Production Mn. Kg
March 28.2 13.3 -52.8
January - March 73.2 53.2 -27.4
Rubber Production Mn. Kg
March 7.2 5.1 -29.5
January - March 21.5 17.9 -16.6
Coconut Production Mn.Nuts
March 276.5 211.9 -23.4
January - March 777.4 679.3 -12.6
Fish Production Mn. Kg
March 47.5 35.4 -25.4
January - March 133.0 118.9 -10.7
Paddy Production Mn. Kg 2018 2019(a)
Maha (b) 2,396.9 3,072.6 28.2
Yala (c) 1,532.9 1,519.5 -0.9
(a) Provisional Sources: Sri Lanka Tea Board
(b) Sep.\Oct. - Mar\ Apr. Rubber Development Department
(c) Apr. \ May - Aug.\Sep. Coconut Development Authority
Department of Census & Statistics
Ministry of Fisheries & Aquatic Resource
2019 (a)
2020 (b) Y-o-Y
Change2019
(a)2020
(b) Y-o-Y
Change
114.5 105.0 -8.3 93.4 97.4 4.2
115.7 78.8 -31.9 111.3 26.3 -76.4
94.8 54.1 -43.0 52.5 26.2 -50.0
115.6 46.1 -60.1 83.7 13.1 -84.4
124.0 70.9 -42.8 110.2 11.4 -89.6
103.3 69.1 -33.2 100.6 17.4 -82.7
86.5 74.0 -14.4 87.7 8.8 -90.0
77.7 52.9 -32.0 73.1 28.5 -61.0
109.6 85.6 -22.0 81.6 14.9 -81.7
109.5 62.0 -43.3 112.1 63.0 -43.8
125.7 79.3 -36.9 90.2 35.4 -60.7
89.1 84.6 -5.1 104.1 106.3 2.2
122.4 54.4 -55.5 100.9 12.6 -87.6
128.6 96.3 -25.1 83.1 27.9 -66.4
127.5 106.4 -16.5 107.3 13.8 -87.2
113.5 100.1 -11.8 98.7 9.0 -90.9
94.5 70.0 -25.9 92.4 32.6 -64.8
96.7 72.1 -25.4 82.4 21.2 -74.2
111.9 54.6 -51.2 82.0 14.2 -82.6
61.0 51.6 -15.4 60.6 14.2 -76.5
116.5 83.8 -28.1 96.9 49.7 -48.7
(a) Revised
(b) Provisional Source: Department of Census and Statistics
Paper and paper products
Y-o-Y
Change
Printing and reproduction of recorded media
March April
Item Unit 2019 2020 (a)
Wearing Apparels
2
Furniture
Other manufacturing
Overall Index of Industrial for the Manufacturing Sector
Fabricated metal products (except machinery equipment)
Electrical equipment
Machinery and Equipment (n.e.c)
Rubber & plastic products
Other non-metallic mineral products
Item
Food products
Beverages
Tobacco products
Textiles
Basic metals
Coke and refined petroleum products
Chemicals & chemical products
Basic pharmaceutical products and pharmaceutical preparations
Leather and related products
Wood and products of wood and cork except furniture; Articles of
Straw and plaiting materials
3. AGRICULTURE
12
16
20
24
28
32
J F M A My J Jy Au S O N D
Mn Kg. TEA
2019 2020
Month
4
6
8
10
J F M A My J Jy Au S O N D
Mn Kg. RUBBER
2019 2020
Month
4. INDEX OF INDUSTRIAL PRODUCTION (IIP) (2015=100)
40
50
60
70
80
90
100
110
120
J F M A My J Jy Au S O N D
Index INDEX OF INDUSTRIAL PRODUCTION
2019
2020
Month
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
51.7 55.6 65.6 45.5 60.6 57.6 57.2 58.2 54.1 58.2 54.3 53.7
54.4 50.6 66.9 41.0 50.7 53.9 55.7 56.6 54.7 57.6 56.0 54.3
54.0 53.6 30.0 24.2 49.3
Source: Central Bank of Sri Lanka
March
April
January - April
March
April
March
April
Sources: Colombo, Dehiwala-Mount Lavinia, Sri Jayawardanapura, Moratuwa and Kaduwela Municipal Councils
Wattala-Mabole, Peliyagoda, Panadura, Maharagama, Kesbewa, Horana and Boralesgamuwa Urban Councils
Homagama, Kotikawatta-Mulleriyawa, Kelaniya, Attanagalla, Wattala-Mabole, Horana, Panadura Pradesheeya Sabhas
(d) Total cement imports. Sri Lanka Customs, Tokyo Cement Company Lanaka PLC, Tokyo Eastern Cement Co. Ltd, Insee Cement Lanka Ltd
January
CEB - Hydro
Fuel Oil
Coal
Wind
Private Sector
Non Convensional Renewable Energy
February
CEB - Hydro
Fuel Oil
Coal
Wind
Private Sector
Non Convensional Renewable Energy
March
CEB - Hydro
Fuel Oil
Coal
Wind
Private Sector
Non Convensional Renewable Energy
January - March
CEB - Hydro
Fuel Oil
Coal
Wind
Private Sector
Non Convensional Renewable Energy
January
February
March
February
March
January - March
February
March
January - March
February
March
February
March
January - March
March
April
January - April
March
April
January - April
Soucres: Ceylon Electricity Board
Ceylon Petroleum Corporation
Lanka IOC PLC
Sri Lanka Customs
Central Bank of Sri Lanka
228
119
92
20
160
95
83
15
-30.0
-20.6
-10.2
-25.7
-1.8
417
73
January - March
0
1,198
227
53.0
-18.3
272
90
9.2
-9.4
2.8
381 278 -26.9
-1.91,584
-10.6
338
375
55 50
556 559
542
1,095
0.5
1,020
-20.3
1.2
7.7
(a) Provisional
Petrol Sales
Furnace Oil Sales
Kerosene Sales
Crude Oil Imports
Other Petroleum Imports
January - March
Diesel Sales
'000 MT
'000 MT
184
265
'000 MT
'000 MT
189
386
187
'000 MT
87
17
'000 MT
81
261
106 118
Item
Electricity Generation
2020 (a)
283
350
0
329
153
376
1,305
342
1,354
381
0
2019
785
444
3,9043,905
365
1,218
287
230
429
0
1,297
228
183
469
0
Year
2018
2019
2020
Local Production (c)
116.1
98.3
Imports (d)
Item
Greater Colombo Housing Approvals Index (b)
Quarter 1
Quarter 2
Cement
Unit
1995 = 100
'000 MT
'000 MT
Y-o-Y Change 2019 (a)
2019
2018
107.1
99.3
2020 (a)
-7.8
1.1
1,868
3
Y-o-Y ChangeUnit
1,319
0
994
250
591
343
196 6.4
-8.2
0.8
745
January - April
1,554
January - April
Electricity Sales to Industries GWh
1,563
2,650
847
Total '000 MT
(a) Provisional
GWh
(b) Includes housing approvals by five Municipal Councils, seven Urban
Councils & eight Pradeshiya Sabhas in Greater Colombo.
(c) Total local production
-45.9
484
482
1,440
101 108 6.9
-6.8
20.6
10.4
17
-1.4
0.0
6.5
-20.6
-20.1
9.3
-
-35.3
-
325
709
1,034
235
364
598
-27.7
-48.7
-42.1
-20.9
-35.51,008
8601,087
223
233
456
158
44
201
-29.3
-81.3
-55.9
349 367 5.1
-37.5
10.3
-
-14.1
-25.1
-29.5
-7.4
34.8
7.3
-
3.8
11.1
96
385
95
305
-0.8
-20.7
1,382
218
232
539
0
392
60
1,253
176
145
595
0
337
45
-9.3
-19.1
5. PURCHASING MANAGERS' INDEX - MANUFACTURING
6. HOUSING AND CONSTRUCTIONS
7. ENERGY
250
275
300
325
350
375
400
J F M A My J Jy Au S O N D
Gwh ELECTRYCITY SALES TO INDUSTRIES BY CEB
2019
2020
Month
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
56.6 58.4 58.0 53.2 56.9 58.7 57.8 57.0 53.0 55.5 52.6 54.7
55.8 53.0 56.3 45.3 44.7 53.1 57.1 52.9 52.7 56.9 57.4 60.2
57.0 50.2 32.0 29.8 43.1
Source: Central Bank of Sri Lanka
(a) Provisional Sources: Telecommunications Regulatory Commission of Sri Lanka
Department of Census and Statistics
New Registration of Motor Vehicles
Buses
Motor Cars
Three Wheelers
Dual Purpose Vehicles (b)
Motor Cycles
Goods Transport Vehicles (c)
Land Vehicles (d)
Other (e)
Buses
Motor Cars
Three Wheelers
Dual Purpose Vehicles (b)
Motor Cycles
Goods Transport Vehicles (c)
Land Vehicles (d)
Other (e)
Buses
Motor Cars
Three Wheelers
Dual Purpose Vehicles (b)
Motor Cycles
Goods Transport Vehicles (c)
Land Vehicles (d)
Other (e)
January - April
Buses
Motor Cars
Three Wheelers
Dual Purpose Vehicles (b)
Motor Cycles
Goods Transport Vehicles (c)
Land Vehicles (d)
Other (e)
(a) Provisional (b) Including Single Cabs Source: Department of Motor Traffic
(c) Lorries, Other Goods Transport Vehicles and Special Purpose Vehicles
(d) Tractors, Hand Tractors and Other Land Vehicles (e) Quadricycles and Motor Homes
258
41
80,649
4,012
3,831
61,186
1,048
1,424
-59.8
-54.5
-66.3
-43.2
-63.6
-55.1
-60.1
-43.8
-38.5
-39.0
-53.0
0 -
0
0
0
646
73
131,035
502
13,913
100,247
2,231
2,735
185
27,364
101
2,734
1,158
886
21,311
373
690
111
107
3,758
2,334
1,232
27,219
461
43
1,710
786
700
9,908
207
5.1
113
3,139
1,539
1,557
24,375
431
558
35,830 13,653 -61.9
597
1
0.0
0.4
5.2
54.3
4.4
-29.5
-6.5
8,800.0
Year
2018
2019
2020
1st Quarter
2020 (a)
Unit
Number
Number
Number
2,367,227
1,223,773
1,143,454
1st Quarter
2019Item
Telephones (Fixed lines)
Wireline in service
Wireless Local Loop Access
30,263 31,801
89
32,567,721
5,133
11,120,788
10.9
160.2 155.3
2019
10.6
2020(a)
113
3,127
1,463
1,009
23,342
611
Y-o-Y Change
-2.8
-3.1
Y-o-Y Change
1,251,922
1,073,488
31,875,797
481
13,078,980
-90.6
17.6
2,325,410 -1.8
2.3
-6.1
-2.1Cellular Phones
Public Pay Phones
Internet Subscribers (b)
Telephone Penetration
(excluding Cellular Phones)
per 100 persons
per 100 persons
Number
Number
Number
Telephone Penetration
(including Cellular Phones)
Unit Item
NumberFebruary
(b) Including Mobile Internet connections
Number
March Number
April Number
4
-40.9
-13.5
251
-41.2
-38.2
-47.9
295
6,793
4,429
8,602
35.7
0
0
0
0
0
-
-
-
-
-
-
-
-
8. PURCHASING MANAGERS' INDEX - SERVICES
9. TELECOMMUNICATIONS
10. TRANSPORT
0
10,000
20,000
30,000
40,000
J F M A My J Jy Au S O N D
NumberNEW REGISTRATIONS OF MOTOR VEHICLES 2019
2020
Month
Ship Traffic (b) Number
April 377 317 -15.9
January - April 1,563 1,520 -2.8
Container Handling
Domestic TEUs
April 99,688 62,357 -37.4
January - April 414,442 373,670 -9.8
Transshipment TEUs
April 482,910 375,241 -22.3
January - April 1,922,939 1,835,015 -4.6
Re-stowing TEUs
April 14,276 8,969 -37.2
January - April 50,241 41,781 -16.8
Total Container Handling TEUs
April 596,874 446,567 -25.2
January - April 2,387,622 2,250,466 -5.7
Cargo Handling (b)
Cargo Discharged MT
April 4,939,471 3,490,072 -29.3
January - April 20,706,666 19,293,014 -6.8
Cargo Loaded MT
April 3,847,267 2,822,063 -26.6
January - April 15,056,925 14,271,574 -5.2
Total Cargo Handling MT
April 8,786,738 6,312,135 -28.2
January - April 35,763,591 33,564,588 -6.1
(a) Provisional Source: Sri Lanka Ports Authority
(b) Excluding data from ports of Kankasanthurai, Myliddy, Point Pedro and Karainagar
TEUs = Twenty-foot Equivalent Container Units.
Base
Period
National Consumer Price Index (NCPI) 2013=100
April
Headline 127.3 134.8 5.9
Core 132.6 136.9 3.2
May
Headline 128.7 135.4 5.2
Core 133.0 137.9 3.7
Colombo Consumers Price Index (CCPI ) 2013=100
May
Headline 129.0 134.2 4.0
Core 134.2 138.1 2.9
Source: Department of Census and Statistics
Y-o-Y Change
5
Item Unit 2019 2020 (a)
Item 2019 2020 Y-o-Y Change
11. PORT SERVICES
12. PRICE INDICES
425
450
475
500
525
550
575
600
625
650
J F M A My J Jy Au S O N D
TEUs ('000)TOTAL CONTAINER HANDLING
2019
2020
Month
6,200
6,600
7,000
7,400
7,800
8,200
8,600
9,000
9,400
9,800
J F M A My J Jy Au S O N D
MT ('000) TOTAL CARGO HANDLING
2019 2020
Month
2
4
6
8
J F M A My J Jy A S O N D
% CCPI - YEAR ON YEAR % 2019 2020
Month
0
2
4
6
8
10
J F M A My J Jy Au S O N D
% NCPI - YEAR ON YEAR %2019 2020
Month
Rice Rs/Kg
Samba 6.9
Parboiled Rice 7.8
Raw Rice (Red) 30.7
Other Food Items Rs/Kg
Dried Chillies(Imported) 40.6
Red Onions (Local) 65.9
Red Onions (Imported) -
Big Onions (Local) -
Big Onions (Imported) 0.6
Dhal (Mysore) 25.0
Potatoes (Local ) 1.2
Eggs (Each) -2.9
Sugar - White 42.0
n.a. - not available Source: Central Bank of Sri Lanka
Labour Force Participation Rate Percentage 51.8 52.3
Unemployment Rate 4.4 4.8
Employment by Economic Atctivity (c)
(as a % of Total Employment)
Agriculture 25.5 25.3
Industry 27.9 27.6
Services 46.6 47.1
Source: Department of Census and Statistics
2019 2020(a)
101.4 114.6
90.6 96.8
176.9 186.7
138.6 138.1
185.1 194.0
145.0 143.5
179.7 187.8
140.7 138.9
170.8 182.4
133.8 134.9
(a) Provisional Source: Central Bank of Sri Lanka
(b) Based on National Consumer Price Index (2013=100)
Services
Item Unit
Nominal Wage Rate Index
Agriculture
2012 = 100
2016 = 100
Unit
(a) Household population aged 15 and above (b) Provisional
(c) Based on the International Standard Industrial Classification (ISIC) - Revision 4
2018 (a)
2019 (a)(b)
15.62
100.00
15.17
Item
320.00
174.76
173.81
n.a.
86.19
Y-o-Y Change
6
180.00
98.00
96.00
98.00
450.00
290.00
Nominal Wage Rate Index
Real Wage Rate Index (b)
Real Wage Rate Index (b)
Public Sector Employees
Nominal Wage Rate Index
n.a.
n.a.
2020
May
142.00
120.00
177.86
86.67
150.00
89.05
75.00
2019
May
91.67
Note : Public sector wage rate index was rebased to 2016 (from 2012) in order to capture the changes introduced to public sector salary structure by the Public
Administration Circular No. 03/2016 issued by the Ministry of Public Administration and Management on 25th
February 2016.
Item UnitApril
Nominal Wage Rate Index
Real Wage Rate Index (b)
Industry
Real Wage Rate Index (b)
Informal Private Sector Employees
Nominal Wage Rate Index
Real Wage Rate Index (b)
14. UNEMPLOYMENT
15. WAGE INDICES
13. AVERAGE RETAIL PRICES - PETTAH MARKET
3
4
5
6
% UNEMPLOYMENT RATE
Quarter
Item Unit 2019 2020
Jan-Mar Jan-Mar (a)
Total revenue and Grants (b) Rs. Mn. 442,501 407,233 -8.0
Total revenue (b) Rs. Mn. 442,207 405,274 -8.4
Tax revenue 406,541 341,336 -16.0
Non tax revenue 35,666 63,938 79.3
Grants (b) Rs. Mn. 294 1,959 566.3
Recurrent expenditure (b) Rs. Mn. 576,012 647,956 12.5
Capital expenditure and net lending (b) Rs. Mn. 154,129 95,037 -38.3
Financing (b) Rs. Mn. 287,641 335,759 16.7
Domestic financing 319,773 423,311 32.4
Treasury bills 155,009 137,986 -11.0
Treasury bonds 141,835 170,946 20.5
Other 22,928 114,380 398.9
Foreign financing -32,131 -87,552 172.5
2019 2020
End Dec End Mar (a)
Total outstanding government debt Rs. Mn. 13,031,543 13,769,422 5.7
Total domestic debt Rs. Mn. 6,629,104 7,123,109 7.5
By Maturity
Short term 1,270,374 1,480,933 16.6
o/w Treasury bills 873,943 1,011,738 15.8
Central bank advances 236,609 237,792 0.5
Medium & Long term 5,358,731 5,642,176 5.3
o/w Treasury bonds 4,606,232 4,778,673 3.7
Rupee loans 24,088 24,088 -
Sri Lanka Development Bonds 560,226 551,620 -1.5
By Institution
Non Bank 3,889,521 3,984,023 2.4
Bank 2,739,583 3,139,086 14.6
Total foreign debt Rs.Mn 6,402,439 6,646,313 3.8
Concessional 2,767,459 2,866,340 3.6
Multilateral 1,356,925 1,410,786 4.0
o/w IDA 466,920 472,011 1.1
ADB 780,803 821,973 5.3
Bilateral 1,410,534 1,455,554 3.2
o/w Japan 579,044 598,215 3.3
Non Concessional 3,634,980 3,779,974 4.0
(a) Provisional Sources: Ministry of Finance
(b) Revenue, expenditure and financing figures are based on the economic classification Central Bank of Sri Lanka
7
Change(%)
Change(%)
16. GOVERNMENT FINANCE
75
125
175
225
275
325
Rs. Bn. GOVERNMENT REVENUE & EXPENDITURE Revenue
Expenditure
Month
Beginning End
January April (a)(b) Absolute Percentage
Narrow Money Supply (M1) Rs. Mn.
2019 830,793.26 828,316.98 -2,476.27 -0.3
2020 865,466.99 992,502.31 127,035.32 14.7
Currency Held by the Public
2019 473,066.13 463,800.84 -9,265.29 -2.0
2020 494,207.86 597,968.47 103,760.61 21.0
Demand Deposits Held by the Public
2019 357,727.13 364,516.14 6,789.01 1.9
2020 371,259.13 394,533.84 23,274.70 6.3
Broad Money Supply (M2) (1) Rs. Mn.
2019 6,427,329.58 6,585,518.92 158,189.33 2.5
2020 6,912,709.91 7,466,097.77 553,387.86 8.0
Time & Savings Deposits Held by the Public
(Quasi Money) Rs. Mn.
2019 5,596,536.33 5,757,201.93 160,665.61 2.9
2020 6,047,242.92 6,473,595.46 426,352.54 7.1
Underlying Factors (M2) Rs. Mn.
Net Foreign Assets (2)
2019 548,448.09 596,972.28 48,524.19 8.8
2020 413,592.83 495,760.38 82,167.55 19.9
Domestic Credit
2019 7,684,402.67 7,798,531.03 114,128.36 1.5
2020 8,199,017.41 8,798,721.80 599,704.39 7.3
To Government (Net) 2,341,448.85 2,785,628.92 444,180.07 19.0
To Public Corporations 481,222.22 521,013.75 39,791.53 8.3
To Co-operatives 2,807.30 3,394.67 587.36 20.9
To Other Private Sector 5,373,539.03 5,488,684.47 115,145.44 2.1
Other Items (Net) (3)
2019 -1,805,521.18 -1,809,984.40 -4,463.22 -0.2
2020 -1,699,900.33 -1,828,384.41 -128,484.08 -7.6
Consolidated Broad Money Supply (M2b) (3) Rs.Mn.
2019 7,128,296.69 7,295,455.63 167,158.94 2.3
2020 7,624,120.67 8,258,996.97 634,876.30 8.3
Adjusted Time & Savings Deposits
Held by the Public (Quasi Money)
2019 6,297,503.43 6,467,138.65 169,635.21 2.7
2020 6,758,653.68 7,266,494.66 507,840.98 7.5
Underlying Factors (M2b) Rs.Mn.
Net Foreign Assets (3)
2019 -67,007.05 118,110.48 185,117.53 276.3
2020 128,255.88 118,823.23 -9,432.65 -7.4
Domestic Credit
2019 8,833,442.45 8,847,962.90 14,520.45 0.2
2020 9,383,185.05 10,155,468.88 772,283.82 8.2
To Government (Net) 2,767,103.36 3,263,882.19 496,778.83 18.0
To Public Corporations 817,953.31 933,953.48 116,000.17 14.2
To Co-operatives 2,807.30 3,394.67 587.36 20.9
To Other Private Sector 5,795,321.08 5,954,238.54 158,917.46 2.7
Other Items (Net) (3)
2019 -1,638,138.71 -1,670,617.74 -32,479.04 -2.0
2020 -1,887,320.26 -2,015,295.13 -127,974.87 -6.8
Reserve Money Rs. Mn.
2019 961,096.31 924,228.93 -36,867.38 -3.8
2020 932,604.46 1,021,589.44 88,984.98 9.5
Money Multipliers
M1 Multiplier
2019 0.86 0.90
2020 0.93 0.97
M2 Multiplier
2019 6.69 7.13
2020 7.41 7.31
M2b Multiplier
2019 7.42 7.89
2020 8.18 8.08
(1) M2 = M1 + Time & Savings Deposits
(a) Provisional
(b) April 2019 data were revised
8
Item UnitChange (End April)
(2) Net Foreign Assets (NFA) of the Central Bank are based on market value from beginning of January 2002. This is reflected in NFA and net other items.
(3) Based on the consolidated monetary survey, which covers aggregated data pertaining to both Domestic Banking Units (DBUs) and Offshore
Banking Units (OBUs) of commercial banks operating in Sri Lanka. It also includes foreign currency deposits held by residents. M2b is the sum of M1
and adjusted quasi money. M1 is the same in both cases; i.e., DBU monetary survey and consolidated monetary survey.
17. MONETARY AGGREGATES & UNDERLYING FACTORS
Beginning End
January March (a)(b) Absolute Percentage
Broad Money Supply (M4) (4) Rs.Mn.
2019 8,729,588.03 8,902,068.61 172,480.57 2.0
2020 9,444,524.88 9,973,229.96 528,705.08 5.6
Time & Savings Deposits (Quasi Money)
2019 7,969,801.30 8,118,617.86 148,816.57 1.9
2020 8,644,200.68 9,076,594.07 432,393.39 5.0
Underlying Factors (M4)
Net Foreign Assets
2019 -133,664.68 -33,644.15 100,020.53 74.8
2020 116,315.08 48,702.02 -67,613.06 -58.1
Domestic Credit
2019 11,356,540.59 11,468,999.26 112,458.68 1.0
2020 12,066,601.03 12,744,797.49 678,196.46 5.6
To Government (Net) 3,454,127.40 3,914,804.57 460,677.17 13.3
To Public Corporations 817,953.31 868,288.97 50,335.66 6.2
To Private Sector 7,794,520.32 7,961,703.95 167,183.63 2.1
Other Items (Net)
2019 -2,493,287.88 -2,533,286.51 -39,998.63 -1.6
2020 -2,738,391.23 -2,820,269.55 -81,878.32 -3.0
Money Multiplier
M4 Multiplier
2019 9.08 9.24
2020 10.13 9.84
Source: Central Bank of Sri Lanka
(a) Provisional
(b) March 2019 data were revised
2019 2020 (a) Absolute Percentage
Domestic Banking Units(DBUs)
Commercial Banks (1)
Loans & Advances (Total Outstanding) Rs. Mn. 5,634,438.61 6,242,728.08 608,289.47 10.8
Investment (Total Outstanding)
Treasury Bills Rs. Mn. 542,375.96 656,889.30 114,513.33 21.1
Other Govt. Securities (2) 1,179,159.59 1,313,551.68 134,392.09 11.4
Other Investments 108,566.18 95,556.10 -13,010.08 -12.0
Total Deposits Rs. Mn. 7,030,324.40 7,824,646.11 794,321.71 11.3 Commercial Banks' Liquidity
Excess Reserves and Cash in Hand Rs. Mn. 143,165.54 141,031.18 -2,134.36 -1.5
2019 2020 Call Market Borrowings-Last week of April Rs. Mn. 119.83 100.88 -18.95 -15.8 Offshore Banking Units (OBUs) 2019 2020
End April (b) End April
(a)
OBUs Number 26 26
Total Assets / Liabilities Rs. Mn. 1,747,920.97 1,885,685.61 137,764.65 7.9
Assets
Loans & Advances - Residents 1,410,326.24 1,459,940.68 49,614.44 3.5
Loans & Advances - Non-Residents 304,248.13 404,594.60 100,346.47 33.0
Other Assets 33,346.60 21,150.33 -12,196.26 -36.6
Liabilities
Deposits & Borrowings - Residents 862,587.46 809,315.75 -53,271.71 -6.2
Deposits & Borrowings - Non-Residents 689,070.76 832,229.01 143,158.26 20.8
Other Liabilities 196,262.75 244,140.85 47,878.10 24.4
2019 2020
National Savings Bank End March End March (a)
Time & Savings Deposits Rs. Mn. 835,437.85 1,026,262.61 190,824.76 22.8
Source: Central Bank of Sri Lanka
(1) Loans and advances include loans, overdrafts, bills (import, export and local bills, excluding sight bills) purchased and discounted.
(2) Includes Rupee Securities and Sri Lanka Development Bonds.
(a) Provisional
(b) Revised
ItemChange (End March)
(4) Based on the financial survey, which covers the consolidated monetary survey data (both DBUs & OBUs) and transactions of Licensed Finance
Companies (LFCs) and Licensed Specialised Banks (LSBs)
Change (End April)
Unit
9
Item
End April
Unit
(Monetary Aggregates & Underlying Factors Contd …)
18. BANKING
5
7
9
11
13
15
17
19
J F M A My J Jy Au S O N D
% MONEY SUPPLY M2b
ANNUAL CHANGES2019
2020
Month
3579
1113151719
J F M A My J Jy Au S O N D
% CREDIT TO PRIVATE SECTOR
ANNUAL CHANGES2019
2020
Month
2019 2020
Treasury Bills (1)
(Last Week) Yield
91-Day Per cent 8.52 6.69 -183
182-Day 8.63 6.82 -181
364-Day 8.88 6.93 -195
Treasury Bonds (1)
2-Year - - -
3-Year - 8.05 -
4-Year - - -
5-Year - - -
6-Year - - -
10-Year - - -
AWDR (2) Per cent 9.00 7.57 -143
AWFDR (3) Per cent 11.19 9.26 -193
2019 April 2020 April
AWNDR (4) Per cent 11.24 7.83 -341
AWNFDR (5) Per cent 11.57 7.88 -369
2019 May 2020 May
AWPR (6)
(Last Week ) Per cent 11.82 9.16 -266
Call Money Rates Per cent 7.90-8.00 5.80-5.85
Standing Deposit Facility Rate (7) Per cent 7.50 5.50 -200
Standing Lending Facility Rate (8) Per cent 8.50 6.50 -200
Sri Lanka Inter Bank Offered Rate (SLIBOR) (9)
1 Day Per cent 8.04 5.90 -214
7 Day Per cent 8.67 6.15 -252
1 Month Per cent 8.98 6.40 -258
3 Month Per cent 9.86 7.00 -286
6 Month Per cent 10.86 7.70 -316
12 Month Per cent 11.57 8.51 -306
2019 April 2020 April
AWLR (10) Per cent 14.47 13.08 -139
AWNLR (11) 14.71 11.67 -304
Saving Rates Per cent 2019 April 2020 April
Commercial Banks 0.20-7.50 0.20-7.50
National Savings Bank 4.00 4.00
Fixed Deposit Rates Per cent
Commercial Banks (12 Months) 4.00-15.00 3.00-15.00
National Savings Bank (12 Months ) 10.50 8.75
Long Term Lending Rates Per cent 2019 April 2020 April
SMIB 10.50-20.00 9.50-18.00
NSB 3.46-17.00 12.00-14.50
NHDA 5.00-6.00 6.00-9.00
Sources: Central Bank of Sri Lanka
Respective Financial Institutions
(1) Average weighted yield rates at the last auction held during the month.
(2) AWDR (Average Weighted Deposit Rate) of commercial banks is computed monthly.
(3) AWFDR (Average Weighted Fixed Deposit Rate) of commercial banks is computed monthly.
(4) AWNDR (Average Weighted New Deposit Rate) of commercial banks is computed monthly.
(5) AWNFDR (Average Weighted New Fixed Deposit Rate) of commercial banks is computed monthly.
(6) AWPR (Average Weighted Prime Lending Rate) of commercial banks is computed weekly.
(7) Renamed w.e.f. 02 Jan 2014 as the Standing Deposit Facility Rate. Previously named as the Repo Rate.
(8) Renamed w.e.f. 02 Jan 2014 as the Standing Lending Facility Rate. Previously named as the Reverse Repo Rate.
(9) As at last working day of the month.
(10) AWLR (Average Weighted Lending Rate) of commercial banks is computed monthly.
(11) AWNLR (Average Weighted New Lending Rate) of commercial banks is computed monthly.
(a) As at December 2019
Y-o-Y
Absolute Change
(Basis Points)
10
Item UnitMay
19. INTEREST RATES
5
7
9
11
% 3 MONTH T-BILL RATE 2019
2020
Week
5
7
9
11
%STANDING DEPOSIT FACILITY & STANDIN LENDING
FACILITY
Std. Deposit
Std. Lending
Week
2019 2020 2020
End December End February End March (b)
Total Number of Active Cards Number 1,829,927 1,853,716 1,861,622
Local (accepted only locally) 18,538 18,371 18,304
Global (accepted globally) 1,811,389 1,835,345 1,843,318
Outstanding balance Rs. Mn. 121,489.28 120,877.81 122,678.92
Local (accepted only locally) 31,386.04 31,817.50 32,546.16
Global (accepted globally) 90,103.24 89,060.31 90,132.76
Source: Central Bank of Sri Lanka
(b) Provisional
2020 2020
End March End April (a)
Commercial Paper Issues (b) Rs. Mn.
Total Issues 3,361.33 1,653.74 2,119.26
Outstanding (at the end of the period) 1,437.66 2,117.64 1,726.73
(a)Provisional Source: Central Bank of Sri Lanka
(b) Based on the information provided by LCBs and LSBs
2019 2020
All Share Price Index (ASPI) 1985=100 5,310.95 4,846.76 -8.7
S&P Sri Lanka 20 (S&P SL20) 2004=1000 2,469.82 2,016.08 -18.4
Market Capitalisation Rs. Bn. 2,502.27 2,265.99 -9.4
Non-national Transactions (a)
Purchase Rs. Mn. 1,763.37 3,702.80 110.0
Sales 2,955.05 10,620.31 259.4
Net Purchases -1,191.68 -6,917.52 -480.5
Source: Colombo Stock Exchange
(a) Total for the month
(a) Issued by Licensed Commercial Banks (LCBs)
Item
Item
11
Credit Cards (a) Unit
Unit 2019
Y-o-Y ChangeUnitMay
20. CREDIT CARDS
21. COMMERCIAL PAPER ISSUES
22. SHARE MARKET
4,000
5,000
6,000
7,000
Index ALL SHARE PRICE INDEX2019
2020
Week
1,500
2,500
3,500
Index S&P SL 20 INDEX2019
2020
Week
Exports Rs. Mn.
March 202,850 121,464 -40.1
April 139,510 54,510 -60.9
January - April 706,794 537,723 -23.9
Imports
March 308,513 223,002 -27.7
April 278,908 216,759 -22.3
January - April 1,144,942 1,038,216 -9.3
Trade Balance
March -105,663 -101,538
April -139,398 -162,249
January - April -438,149 -500,493
Exports US $ Mn.
March 1,137 656 -42.3
April 798 282 -64.6
January - April 3,954 2,932 -25.9
Imports
March 1,729 1,205 -30.3
April 1,596 1,123 -29.6
January - April 6,412 5,625 -12.3
Trade Balance
March -592 -549
April -797 -840
January - April -2,458 -2,693
(a) Provisional Sources:
Lanka IOC PLC
National Gem and Jewellery Authority
Sri Lanka Tourism Development Authority
Sri Lanka Customs
Central Bank of Sri Lanka
Item
2019 2020 (b) 2019 2020
(b)
Total Exports
Value 158.2 93.3 111.1 39.3
Quantity 195.2 107.3 110.1 54.4
Unit Value 81.1 87.0 100.9 72.2
Total Imports
Value 154.7 107.8 142.8 100.5
Quantity 170.8 139.4 154.2 126.8
Unit Value 90.6 77.4 92.6 79.3
Terms of Trade 89.5 112.4 108.9 91.1
(a) In US$ Terms Source: Central Bank of Sri Lanka
(b) Provisional
April
Y-o-Y Change Item Unit 2019 2020 (a)
Ceylon Petroleum Corporation and other exporters of petroleum
March
12
23. EXTERNAL TRADE
TRADE INDICES (a) ( 2010 = 100 )
100
300
500
700
900
1,100
J F M A My J Jy Au S O N D
US $ Mn. EXPORTS
2019
2020
Month
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
J F M A My J Jy Au S O N D
US $ Mn. IMPORTS
2019 2020
Month
Major Imports
Consumer Goods - Total Rs. Mn.
March 62,782 49,427 -21.3
April 53,858 58,406 8.4
January - April 217,824 234,691 7.7
Food and Beverages
March 24,630 26,472 7.5
April 21,419 26,417 23.3
January - April 81,614 104,315 27.8
Vegetables
March 4,857 7,174 47.7
April 3,649 7,897 116.4
January - April 16,536 27,033 63.5
Sugar
March 3,565 5,027 41.0
April 2,636 2,931 11.2
January - April 11,368 16,217 42.7
Dairy Products
March 7,241 6,006 -17.1
April 6,869 5,268 -23.3
January - April 18,456 22,948 24.3
Other Food and Beverages
March 8,967 8,265 -7.8
April 8,265 10,321 24.9
January - April 35,253 38,116 8.1
Non-food Consumer Goods
March 38,153 22,955 -39.8
April 32,439 31,989 -1.4
January - April 136,210 130,376 -4.3
Personal Vehicles
March 12,874 7,306 -43.2
April 8,314 11,657 40.2
January - April 38,811 40,179 3.5
Medical and Pharmaceuticals
March 7,873 6,359 -19.2
April 6,957 7,617 9.5
January - April 28,851 30,495 5.7
Other Non Food Consumables
March 17,406 9,290 -46.6
April 17,167 12,715 -25.9
January - April 68,549 59,702 -12.9
Intermediate Goods - Total
March 176,128 129,486 -26.5
April 154,268 110,057 -28.7
January - April 653,062 574,554 -12.0
Fuel
March 72,776 43,980 -39.6
April 51,569 23,521 -54.4
January - April 234,625 196,469 -16.3
Textile and Textile Articles
March 38,164 25,770 -32.5
April 38,282 28,357 -25.9
January - April 162,175 141,734 -12.6
Diamonds, Precious Stones and Metals
March 2,630 1,005 -61.8
April 2,955 287 -90.3
January - April 11,524 4,965 -56.9
Wheat
March 2,018 11,500 469.9
April 5,745 1,622 -71.8
January - April 14,385 14,879 3.4
Other Intermediate Goods
March 60,540 47,231 -22.0
April 55,717 56,269 1.0
January - April 230,353 216,507 -6.0
Investment Goods - Total
March 69,471 43,817 -36.9
April 70,631 48,193 -31.8
January - April 273,624 227,568 -16.8
Machinery and Equipment
March 38,171 24,102 -36.9
April 36,666 21,841 -40.4
January - April 151,605 126,177 -16.8
Other Investment Goods
March 31,300 19,716 -37.0
April 33,964 26,351 -22.4
January - April 122,019 101,392 -16.9
Total Imports (b)
March 308,513 223,002 -27.7
April 278,908 216,759 -22.3
January - April 1,144,942 1,038,216 -9.3
(a) Provisional
13
Y-o-Y Change Item Unit 2019 2020 (a)
(b) Data from the Sri Lanka Customs have been adjusted to include accurate monthly
values of imports of fuel which are recorded with a lag in customs data. Those data
are obtained directly from relevant institutions for the adjustment.
Sources: Ceylon Petroleum Corporation
Lanka IOC PLC
Sri Lanka Customs
Central Bank of Sri Lanka
EXTERNAL TRADE - COMPOSITION OF IMPORTS
Major Imports
Consumer Goods - Total US $ Mn.
March 351.9 267.1 -24.1
April 308.1 302.5 -1.8
January - April 1,220.4 1,268.6 4.0
Food and Beverages
March 138.0 143.0 3.6
April 122.5 136.8 11.7
January - April 457.4 563.2 23.1
Vegetables
March 27.2 38.8 42.4
April 20.9 40.9 95.9
January - April 92.6 145.6 57.3
Sugar
March 20.0 27.2 36.0
April 15.1 15.2 0.6
January - April 63.7 87.9 37.9
Dairy Products
March 40.6 32.5 -20.0
April 39.3 27.3 -30.6
January - April 103.9 124.1 19.5
Other Food and Beverages
March 50.3 44.7 -11.1
April 47.3 53.5 13.1
January - April 197.3 205.7 4.3
Non-food Consumer Goods
March 213.8 124.0 -42.0
April 185.6 165.7 -10.7
January - April 762.9 705.4 -7.5
Personal Vehicles
March 72.2 39.5 -45.3
April 47.6 60.4 26.9
January - April 217.4 216.8 -0.3
Medical and Pharmaceuticals
March 44.1 34.4 -22.1
April 39.8 39.4 -0.9
January - April 161.6 164.8 2.0
Other Non Food Consumables
March 97.5 50.2 -48.5
April 98.2 65.9 -32.9
January - April 384.0 323.8 -15.7
Intermediate Goods - Total
March 987.1 699.7 -29.1
April 882.5 570.0 -35.4
January - April 3,656.8 3,115.7 -14.8
Fuel
March 407.9 237.7 -41.7
April 295.0 121.8 -58.7
January - April 1,313.6 1,070.1 -18.5
Textile and Textile Articles
March 213.9 139.3 -34.9
April 219.0 146.9 -32.9
January - April 907.6 768.9 -15.3
Diamonds, Precious Stones and Metals
March 14.7 5.4 -63.1
April 16.9 1.5 -91.2
January - April 64.6 27.2 -57.9
Wheat
March 11.3 62.1 449.5
April 32.9 8.4 -74.4
January - April 81.0 80.2 -1.0
Other Intermediate Goods
March 339.3 255.2 -24.8
April 318.7 291.4 -8.6
January - April 1,290.0 1,169.3 -9.4
Investment Goods - Total
March 389.3 236.8 -39.2
April 404.1 249.6 -38.2
January - April 1,532.9 1,233.4 -19.5
Machinery and Equipment
March 213.9 130.2 -39.1
April 209.8 113.1 -46.1
January - April 848.8 685.5 -19.2
Other Investment Goods
March 175.4 106.5 -39.3
April 194.3 136.5 -29.8
January - April 684.1 547.9 -19.9
Total Imports (b)
March 1,729.0 1,205.0 -30.3
April 1,595.6 1,122.6 -29.6
January - April 6,412.5 5,625.3 -12.3
(a) Provisional
14
Y-o-Y Change Item Unit 2019 2020 (a)
(b) Data from the Sri Lanka Customs have been adjusted to include accurate monthly
values of imports of fuel which are recorded with a lag in customs data. Those data are
obtained directly from relevant institutions for the adjustment.
Sources: Ceylon Petroleum Corporation
Lanka IOC PLC
Sri Lanka Customs
Central Bank of Sri Lanka
( External Trade Contd...)
Major Exports
Tea Rs. Mn.
March 22,460 11,570 -48.5
April 17,300 15,133 -12.5
January - April 79,702 64,369 -19.2
Rubber
March 578 251 -56.6
April 439 304 -30.8
January - April 1,943 1,613 -16.9
Coconut
March 6,207 3,647 -41.3
April 4,171 2,758 -33.9
January - April 19,947 15,610 -21.7
Spices
March 4,315 2,389 -44.6
April 2,766 2,325 -15.9
January - April 17,261 11,635 -32.6
Minor Agricultural Products
March 1,702 1,951 14.6
April 1,296 953 -26.4
January - April 6,181 8,172 32.2
Textile and Garments
March 95,055 57,868 -39.1
April 62,503 12,593 -79.9
January - April 327,451 241,449 -26.3
Gems Diamonds and Jewellary
March 5,727 1,588 -72.3
April 4,013 26 -99.4
January - April 18,982 9,970 -47.5
Rubber Products
March 14,743 10,076 -31.7
April 9,241 4,672 -49.4
January - April 51,128 40,465 -20.9
Petroleum Products
March 8,562 6,851 -20.0
April 7,496 2,804 -62.6
January - April 29,777 35,176 18.1
Mineral Exports
March 802 190 -76.4
April 398 187 -53.0
January - April 2,023 1,078 -46.7
Total Exports (b)
March 202,850 121,464 -40.1
April 139,510 54,510 -60.9
January - April 706,794 537,723 -23.9
Major Exports
Tea US $ Mn.
March 125.9 62.5 -50.3
April 99.0 78.4 -20.8
January - April 446.2 348.4 -21.9
Rubber
March 3.2 1.4 -58.2
April 2.5 1.6 -37.4
January - April 10.9 8.8 -19.4
Coconut
March 34.8 19.7 -43.4
April 23.9 14.3 -40.1
January - April 111.7 84.7 -24.2
Spices
March 24.2 12.9 -46.6
April 15.8 12.0 -23.9
January - April 96.4 63.1 -34.6
Minor Agricultural Products
March 9.5 10.5 10.5
April 7.4 4.9 -33.4
January - April 34.6 44.5 28.6
Textile and Garments
March 532.7 312.7 -41.3
April 357.6 65.2 -81.8
January - April 1,831.8 1,320.1 -27.9
Gems Diamonds and Jewellary
March 32.1 8.6 -73.3
April 23.0 0.1 -99.4
January - April 106.3 54.8 -48.5
Rubber Products
March 82.6 54.5 -34.1
April 52.9 24.2 -54.2
January - April 285.8 220.3 -22.9
Petroleum Products
March 48.0 37.0 -22.9
April 42.9 14.5 -66.1
January - April 166.9 192.2 15.1
Mineral Exports
March 4.5 1.0 -77.2
April 2.3 1.0 -57.5
January - April 11.3 5.9 -48.3
Total Exports (b)
March 1,136.9 656.4 -42.3
April 798.1 282.3 -64.6
January - April 3,954.2 2,932.0 -25.9
(a) Provisional
15
Y-o-Y Change Item Unit 2019 2020 (a)
(b) Data from the Sri Lanka Customs have been adjusted to include accurate monthly values
of exports of petroleum products and gems, diamonds and jewellery which are recorded
with a lag in customs data. Those data are obtained directly from relevant institutions for
the adjustment.
Sources: Ceylon Petroleum Corporation and
other exporters of petroleum
National Gem and Jewellery Authority
Sri Lanka Customs
Central Bank of Sri Lanka
EXTERNAL TRADE - COMPOSITION OF EXPORTS
2019 2020 (a) Y-o-Y Change 2019 2020
(a) Y-o-Y Change
Export Volume
Tea Mn. Kg. 26.4 13.8 -47.6 20.8 18.2 -12.7
Rubber Mn. Kg. 2.0 0.7 -63.4 1.5 0.7 -53.2
Coconut (Kernel Products) Mn. Nuts 64.4 32.7 -49.1 46.8 21.1 -55.0
Export Prices
Tea Rs./ Kg. 850.48 836.74 -1.6 832.00 833.41 0.2
US $/ Kg. 4.77 4.52 -5.1 4.76 4.32 -9.3
Rubber Rs./ Kg. 292.27 346.09 18.4 291.27 430.37 47.8
US $/ Kg. 1.64 1.87 14.2 1.67 2.23 33.8
Coconut Rs./ Nut 48.21 49.05 1.8 44.73 58.13 30.0
US $/ Nut 0.27 0.27 -1.9 0.26 0.30 17.7
Average Gross Price
Tea Rs./ Kg. 586.00 597.96 2.0 578.84 697.18 20.4
Rubber Rs./ Kg. 267.32 300.00 12.2 265.15 - -
Coconut Rs./ Nut 29.61 45.82 54.7 27.36 41.70 52.4
Quantity Sold
Tea Mn. Kg. 22.3 14.2 -36.2 24.6 19.1 -22.4
Import Volumes
Rice MT '000 1.9 2.0 1.4 1.2 0.8 -29.8
Wheat & Maize MT '000 42.0 237.7 465.8 118.0 33.2 -71.9
Sugar MT '000 58.3 69.6 19.5 42.2 38.6 -8.6
Crude Oil Barrels '000 1,435.9 1,448.8 0.9 733.8 727.1 -0.9
Import Prices (Average)
Rice Rs./MT 87,851.44 96,003.25 9.3 96,352.70 112,418.64 16.7
US$/MT 492.36 518.78 5.4 551.21 582.22 5.6
Wheat and Maize Rs./MT 51,135.06 48,670.91 -4.8 49,695.37 52,365.66 5.4
US$/MT 286.58 263.01 -8.2 284.30 271.20 -4.6
Sugar Rs./MT 61,186.04 72,187.94 18.0 62,458.54 75,945.53 21.6
US$/MT 342.91 390.09 13.8 357.31 393.33 10.1
Crude Oil Rs./Barrel 12,662.55 6,971.51 -44.9 13,213.24 3,777.52 -71.4
US$/Barrel 70.97 37.67 -46.9 75.59 19.56 -74.1
(a) Provisional Sources: Ceylon Petroleum Corporation and other exporters of petroleum
Lanka IOC PLC
National Gem and Jewellery Authority
Colombo Tea Brokers’ Association
The Ceylon Chamber of Commerce
Coconut Development Authority
Sri Lanka Customs
Central Bank of Sri Lanka
Unit Y-o-Y Change
Number
-
-46.3
US$ Mn.
-
-46.3
Rs. Mn.
-
-45.4
US$ Mn.
-32.3
-9.0
Sources: Central Bank of Sri Lanka
(a) Provisional Sri Lanka Tourism Development Authority
375
1,975
March April
554
2,171
2020 (a)
-
507,311
-
956 (c)
-
174,007 (c)
Workers' Remittances (Inflows)
April
January - April
2019
37,802
945,377
71 (b)
1,782 (b)
12,571 (b)
318,496 (b)
January - May
May
January - May
Item Unit
16
(b) Revised based on survey results of Sri Lanka Tourism Development Authority (SLTDA) on average stay period and average spending per day estimates for
2019.
(c) May be revised based on survey results of SLTDA on average stay period and average spending per day estimates for 2020.
Item
Tourist Arrivals
May
January - May
Earnings from Tourism
May
EXTERNAL TRADE - MAJOR EXPORTS & IMPORTS (VOLUMES AND PRICES)
50
70
90
110
130
150
J F M A My J Jy Au S O N D
US $ Mn. TEA EXPORTS2019
2020
Month
0
2
4
6
J F M A My J Jy Au S O N D
US $ Mn. RUBBER EXPORTS
2019 2020
Month
24. TOURISM
2019 2020 2020 2020
December February March April
External Assets (a) (b)
Gross Official Reserves (GOR) US$ Mn. 7,642 7,942 7,534 7,210
Rs. Mn. 1,388,108 1,443,820 1,421,033 1,389,747
Reserve Adequacy of GOR Months of Imports 4.6 4.7 4.6 4.5
Total Reserves (TR) US$ Mn. 10,402 10,938 10,686 n.a.
Rs. Mn. 1,889,327 1,988,634 2,015,563 n.a.
Reserve Adequacy of TR Months of Imports 6.3 6.5 6.5 n.a.
Exchange Rates (Period Avg.)
Rs./USD
Rs./GBP
Rs/INR
Rs/JPY
Rs/EUR
Rs./SDR
Forward Exchange Rates (c) Rs. / USD
One month
Three months
Six months
Indices of Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) - 24 Currency Basket (Period Avg.)
April 2019 April 2020
NEER (2017 = 100) (d) 89.40 84.73
REER (2017 = 100) (e) 90.53 89.40
n.a. - not available Source: Central Bank of Sri Lanka
(a) Reserve data have been revised to include balances in DST's special yen accounts in consultation with IMF,
and placement for war risk insurance. From October 2002 external assets are calculated at market values.
(b) Including ACU receipts.
Item Unit
May 2019 May 2020
176.44 187.87
226.88 230.85
2.53 2.48
May 2020
1.60 1.75
197.40 204.83
243.76 256.16
17
186.25
-
187.18
(d) The NEER is the weighted average of nominal exchange rates of the 24 trading partner and competitor countries. Weights are based on the
trade shares reflecting the relative importance of each currency in the currency basket.
(e) The REER is computed by adjusting the NEER for inflation differentials (based on CCPI) with the countries whose currencies are included in the basket.
The REER Indices for 2020 are provisional.
(c) Average for the last five working days of the month of May based on actual transactions.
25. INTERNATIONAL FINANCE
0.0
1.0
2.0
3.0
4.0
5.0
6.0
0
2,000
4,000
6,000
8,000
10,000
12,000 GROSS OFFICIAL RESERVES AND MONTHS OF IMPORTS
Gross Official Reserves (Left Axis)
Months of Imports (Right Axis)
Month
US$ Mn Months of Imports
0
250
500
750
1,000
1,250
US$ Mn PRIVATE REMITTANCESS - INFLOWS
2019
2020
Month
25. INTERNATIONAL FINANCE
140
150
160
170
180
190
200
Rs/US $ EXCHANGE RATE MOVEMENT - RUPEES PER US$
Week
70
80
90
100
110
120
MONTHLY AVERAGE EFFECTIVE EXCHANGE RATE INDICES
24 - CURRENCY (2017=100)
NEER
REER
Month
Index
Point
US $ Mn
Credit Debit Net Credit Debit Net Credit Debit Net Credit Debit Net
Goods and services 5,019 6,489 -1,470 4,796 6,478 -1,681 20,264 26,841 -6,577 19,414 24,562 -5,148
Goods (d ) 2,992 5,382 -2,390 2,956 5,341 -2,385 11,890 22,233 -10,343 11,940 19,937 -7,997
General merchandise 2,992 5,381 -2,389 2,956 5,341 -2,385 11,890 21,794 -9,904 11,940 19,935 -7,995
Non-monetary gold 1 -1 0 0 439 -439 3 -3
Services 2,027 1,108 919 1,840 1,137 703 8,374 4,608 3,766 7,474 4,625 2,849
Transport 559 428 130 511 389 122 2,486 1,737 750 2,339 1,710 630
Sea Transport 226 198 28 216 186 30 1,134 819 315 1,155 820 335
Freight 226 198 28 216 186 30 1,134 819 315 1,155 820 335
Air transport 333 230 103 294 203 92 1,353 918 435 1,184 889 295
Passenger 308 208 100 270 182 88 1,227 827 400 1,056 798 258
Freight 25 22 3 24 21 3 126 91 35 128 91 37
Travel (e) 1,130 385 745 1,013 420 593 4,381 1,660 2,721 3,607 1,638 1,969
Construction 10 9 2 10 11 -1 65 33 32 67 35 32
Insuarance and pension services 32 23 9 25 20 6 130 97 33 137 102 36
Financial services 41 110 -69 43 133 -90 242 447 -205 213 470 -258
Telecommunication, computer and
information services239 120 119 226 124 102 995 484 511 1,054 515 539
Telecommunications services 37 29 8 35 34 1 147 112 35 155 135 21
Computer services 201 91 110 191 91 101 848 372 475 899 380 519
Other business services 7 18 -12 7 22 -15 40 75 -34 35 78 -43
Government goods and services n.i.e 9 14 -5 5 18 -13 35 75 -41 21 77 -56
Primary Income 54 919 -865 56 793 -737 249 2,633 -2,385 252 2,678 -2,426
Compensation of employees 7 25 -19 7 32 -26 28 102 -74 31 130 -99
Investment Income 47 894 -846 49 761 -712 221 2,532 -2,311 220 2,548 -2,327
Direct Investment 6 450 -444 7 348 -341 23 783 -760 26 863 -837
Dividends 3 366 -363 3 286 -282 13 558 -545 14 599 -585
Re-invested earnings 2 84 -81 3 62 -59 10 225 -215 13 264 -252
Portfolio Investment 289 -289 257 -257 1,037 -1,037 1,007 -1,007
Equity 11 -11 70 -70 31 -31
Interest 279 -279 257 -257 967 -967 976 -976
short-term 0.6 -0.6 1.8 -1.8 4.4 -4.4 7.5 -7.5
long-term 278 -278 255 -255 963 -963 969 -969
Other Investment 25 154 -130 20 157 -137 88 711 -623 97 677 -580
Reserve assets 17 17 23 23 110 110 97 97
Secondary Income 1,739 216 1,523 1,788 251 1,537 7,023 860 6,163 6,726 960 5,766
General Governemnt (f) 0 0 0.2 0.2 8 8 9 9
Personal transfers 1,739 216 1,523 1,787 251 1,537 7,015 860 6,155 6,717 960 5,757
of which, worker's remittances 1,739 1,787 7,015 6,717
Current Account 6,812 7,624 -813 6,640 7,522 -882 27,535 30,334 -2,799 26,392 28,200 -1,808
Capital Account 7 7 0 7 7 0 42 27 14 51 28 23
Capital Transfers 7 7 0 7 7 0 42 27 14 51 28 23
General Governemnt (g) 1 1 0.4 0.4 14 14 16 16
Private Capital Transfers 7 7 -1 7 7 -1 28 27 0 34 28 6.7
Current Account + Capital Account 6,819 7,632 -813 6,647 7,529 -882 27,577 30,362 -2,785 26,443 28,228 -1,785
(b) Revised Source: Central Bank of Sri Lanka
(c) Provisional
(d) Exports and imports are recorded on f.o.b.and c.i.f. valuation basis, respectively.
(e) Passenger services provided for non-residents are included in transport services.
(f) Includes outright grants received in the form of programme, food and commodity aid, cash and technical assistance.
(g) Includes outright grants received in the form of project aid.
18
(a) The above presentation conforms as far as possible to the Balance of Payments Manual (BPM), 6th edition (2009) of the International Monetary
Fund (IMF)
CURRENT AND CAPITAL ACCOUNT
2018 20192018
(b)2019
(c)
4th
Quarter (b)
4th
Quarter (c)
Balance of Payments - Standard presentation under BPM6 format (a)
US $ Mn
Net Incurrence of
liabilities
Net acqusition of
financial assets
Net Incurrence of
liabilities
Net acqusition of
financial assets
Net Incurrence of
liabilities
Net acqusition of
financial assets
Net Incurrence of
liabilities
Net acqusition of
financial assets
Financial Account 635 -42 506 -160 2,816 -562 2,947 514
Direct Investments 356 17 235 19 1,614 68 758 77
Equity and investment fund shares 342 15 127 16 463 58 384 65
Equity other than reinvestment of earnings 259 12 65 13 238 48 120 52
Direct investor in direct investment enterprise 259 12 65 13 238 48 120 52
- BOI companies 41 66 118 138
- CSE Companies (not registered with BOI) 46 -2 -51 -20
- Other companies 171 0.5 171 2
Reinvestment of earnings 84 2 62 3 225 10 264 13
Debt Instruments 13 2 108 3 1,151 10 374 13
Direct investor in direct investment enterprise 13 2 108 3 1,151 10 374 13
- BOI companies -62 79 1,073 314
Shareholder Advance 245 78 1,414 216
Intra Company Borrowings 20 17 89 115
Debt Repayments -327 -16 -430 -17
- CSE Companies (not registered with BOI) 75 30 78 59
- Other companies
Portfolio Investments -761 -90 129 2,303
Equity and investment fund shares -139 -48 -4 -15
- CSE Companies (not registered with BOI) -139 -48 -4 -15
Debt securities -622 -42 134 2,317
Central Bank
Deposit taking corporations, other than the Central Bank -100 -1,350 -250
Short-term
Long-term -100 -1,350 -250
General Government -522 -42 1,484 2,567
Short-term (Treasury Bills) -36 58.8 -96 55
Long-term -487 -101 1,580 2,513
Treasury Bonds -487 -101 -894 -388
SLDBs -26 1
Sovereign Bonds 2,500 2,900
Financial Derivatives - - - - - - - -
Other Investment 1,041 237 362 34 1,073 372 -114 100
Currency & deposits -402 51 36 -59 -632 80 167 -93
Central Bank 0 0.0 -1 0
Short term 0 0.0 -1 0
Long term
Deposit taking corporations, other than th Central Bank -402 51 36 -59 -631 80 168 -93
Short-term -402 -19 36 -103 -631 -189 168 6
Long-term 70 44 268 -99
General Government
Other sectors
Loans 1,391 170 1,620 -277
Central Bank 163 252 327
Credit and loans with the IMF 163 252 327
Other short term
Other long term
Deposit taking corporations, except the Central Bank 418 21 697 -281
Short-term 590 296 844 -1
Long-term -172 -275 -146 -280
General Government 846 154 557 -97
Short-term
Long-term 846 154 557 -97
Other sectors (h) 127 -168 114 -226
Short-term
Long term 127 -168 114 -226
Trade credits and advances -163 35 -86 -4 247 177 -28 -4
Deposit taking corporations, except the
Central Bank-12 -5 -10 -8
Short term -12 -5 -10 -8
Other sectors (i) -163 47 -86 1 247 186 -28 4
Short term -163 47 -86 1 247 186 -28 4
Other accounts receivable/payable 214 152 241 97 -162 116 24 196
Central bank 214 241 -162 24
Short term (j) 214 241 -162 24
Deposit taking corporations, except the Central Bank 152 97 116 196
Short term 152 97 116 196
Special Drawing Rights - - - - - - - -
Reserve Assets -296 -213 -1,002 337
Monetary gold -103 -14
Special drawing rights 1 0 -3 6
Reserve position in the IMF
Other reserve assets -297 -213 (895) 346
Currency and deposits 204 -387 -1,011 361
Claims on monetary authorities 456 411 466 -174
Claims on other entities -252 -798 -1,477 535
Securities -494 181 122 -19
Debt securities -494 181 122 -19
Long term -494 181 122 -19
Other claims -7 -7 -6 3
FINANCIAL ACCOUNT (NET) (Assets - Liabilities) -677 -666 -3,378 -2,432
Errors and Omissions 136 216 -593 -647
(h) Include State Owned Business Enterprises (SOEs) and private sector companies. Source: Central Bank of Sri Lanka
(i) Include trade credits received by the Ceylon Petroleum Corporation (CPC) and private sector companies.
(j) Net transactions of ACU liabilities
… negligible
19
FINANCIAL ACCOUNT
2018 20192018
(b)2019
(c)
4th
Quarter (b)
4th
Quarter (c)
Balance of Payments - Standard presentation under BPM6 format (a) (Contd..)