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% |
