Sri Lanka: Macroeconomic Developments in Charts · Sectoral GDP Growth Central Bank of Sri Lanka...
47
Sri Lanka: Macroeconomic Developments in Charts Fourth Quarter 2019 Central Bank of Sri Lanka Economic Research Department
Transcript of Sri Lanka: Macroeconomic Developments in Charts · Sectoral GDP Growth Central Bank of Sri Lanka...
Sri Lanka: Macroeconomic Developments in
Charts
Fourth Quarter 2019
Central Bank of Sri LankaEconomic Research Department
IndexReal Sector and Inflation
Real GDP Growth (Annual /Quarterly)
Sectoral GDP Growth
Per Capita GDP
Index of Industrial Production (IIP)
Unemployment
Poverty
CCPI based Inflation
NCPI based Inflation
Producer's Price Index (PPI)
External SectorEarnings from Merchandise Exports
Expenditure from Merchandise Imports
Trade Balance
Tourism: Arrivals and Earnings
Tourism: Monthly Arrivals
Workers’ Remittances
Current Account Balance
Foreign Direct Investment Flows
Balance of Payment
Gross Official Reserves
Exchange Rate Movements
Fiscal SectorGovernment Revenue
Government Expenditure
Public Investment
Budget Deficit
Central Government Debt
Monetary SectorReserve Money Growth and Money Multiplier
Broad Money Growth
Credit to the Private Sector
Net Credit to Government
Credit to Public Corporations
Net Foreign Assets
Policy Interest Rates and Overnight Money Market Rates
Treasury Bill Yields and the Yield Curve
Market Interest Rates
Financial SectorBanking Sector Indicators (i)
Banking Sector Indicators (ii)
Banking Density
Non-Bank Financial Sector Indicators (i)
Non-Bank Financial Sector Indicators (ii)
Stock Market Performance
Central Bank of Sri Lanka Economic Research Department
Real Sector and Inflation
Central Bank of Sri Lanka Economic Research Department
Central Bank of Sri Lanka Economic Research Department
Real GDP GrowthAnnual Real GDP Growth Quarterly Real GDP Growth
Source: Department of Census and Statistics
Note: Data from 2011 are based on the base year 2010 GDP estimates of the Department of Census and Statistics Data are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
6.0
-1.5
4.0
5.95.4
6.2
7.7
6.8
6.0
3.5
8.08.4
9.1
3.4
5.0 5.04.5
3.63.3
2.3
-2
0
2
4
6
8
10
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Gro
wth
Rat
e (
%)
1.3
2.2
5.1
10.6
3.9
7.1
5.9
3.3
6.2
2.0
4.5
5.3
3.5 3.73.4
3.73.84.03.7
1.9
3.7
1.1
2.42.0
0
2
4
6
8
10
12
2014
-Q1
2014
-Q2
2014
-Q3
2014
-Q4
2015
-Q1
2015
-Q2
2015
-Q3
2015
-Q4
2016
-Q1
2016
-Q2
2016
-Q3
2016
-Q4
2017
-Q1
2017
-Q2
2017
-Q3
2017
-Q4
2018
-Q1
2018
-Q2
2018
-Q3
2018
-Q4
2019
-Q1
2019
-Q2
2019
-Q3
2019
-Q4
Gro
wth
Rat
e (
%)
Sectoral GDP Growth
Central Bank of Sri Lanka Economic Research Department
Note: Data are based on the base year 2010 GDP estimates of the Department of Census and StatisticsData are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Source: Department of Census and Statistics
4.3
8.85.9
0.4
-5.2 -6.3
3.0
-6.1
-4.5-2.7 -2.1
7.25.9
6.65.1
8.2
5.0
1.5 1.0
-4.1
-10
-5
0
5
10
Q1 Q2 Q3 Q4
Gro
wth
Rat
e (
%)
Agriculture
2015 2016 2017 2018 2019
-1.4
4.63.6
2.5
14.8
0.9 1.6
4.83.9
5.5 5.34.3
1.63.5 3.5
-3.4
3.9
1.63.5
1.4
-5
0
5
10
15
20
Q1 Q2 Q3 Q4
Gro
wth
Rat
e (
%)
Industry
2015 2016 2017 2018 2019
6.4
7.56.8
3.53.4 3.4
5.86.3
4.43.9
2.83.4
5.14.6 4.4 4.2
3.7
0.7
2.12.7
0
5
10
Q1 Q2 Q3 Q4
Gro
wth
Rat
e (
%)
Services
2015 2016 2017 2018 2019
Note: Data from 2011 are based on the base year 2010 GDP estimates of the Department of Census and Statistics and updated with latest population dataData are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Per Capita GDP
869 838 874985 1,063
1,2421,423
1,614
2,011 2,054
2,744
3,125
3,351
3,609
3,819 3,842 3,8864,077 4,079
3,852
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019(Prov.)
US
$
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and StatisticsCentral Bank of Sri Lanka
3,6103,821
Index of Industrial Production (IIP)*
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
*Based on the Index of Industrial Production (IIP,2015=100)
104.4103.4
110.1
98.3
103.7104.4104.8
109
107.7108
108.6107.7
108.7
103.6
110.3
97.7
105.7105
106.1
109.3
106.7
110.8
107.4
109 108.8
104.2
116.5
96.9
106.1
107.5
108.6
112.2
107.2
112.1
108.7108.5
90
92
94
96
98
100
102
104
106
108
110
112
114
116
118
Jan
-17
Feb
-17
Mar
-17
Ap
r-17
May
-17
Jun
-17
Jul-1
7
Au
g-1
7
Se
p-1
7
Oct
-17
No
v-17
De
c-17
Jan
-18
Feb
-18
Mar
-18
Ap
r-18
May
-18
Jun
-18
Jul-1
8
Au
g-1
8
Se
p-1
8
Oct
-18
No
v-18
De
c-18
Jan
-19
Feb
-19
Mar
-19
Ap
r-19
May
-19
Jun
-19
Jul-1
9
Au
g-1
9
Se
p-1
9
Oct
-19
No
v-19
De
c-19
%
Unemployment
7.67.9
8.88.4 8.3
7.7
6.5
6
5.45.8
4.9
4.24
4.4 4.34.7
4.44.2
4.44.8
0
1
2
3
4
5
6
7
8
9
10
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
%
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
Poverty
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
28.8
22.7
15.2
8.9
6.7
4.1
0
5
10
15
20
25
30
1995/1996 2002 2006/2007 2009/2010 2012/2013 2016
%
Poverty Headcount Ratio
4.8
5.5
0
1
2
3
4
5
6
7
8
Dec
-15
Mar
-16
Jun
-16
Sep
-16
Dec
-16
Mar
-17
Jun
-17
Sep
-17
Dec
-17
Mar
-18
Jun
-18
Sep
-18
Dec
-18
Mar
-19
Jun
-19
Sep
-19
Dec
-19
%
Core (Y-o-Y) Core (Annual Avg.)
CCPI based Inflation*
CCPI based Headline Inflation CCPI based Core Inflation**
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
4.3
4.8
0
1
2
3
4
5
6
7
8
Dec
-15
Mar
-16
Jun
-16
Sep
-16
Dec
-16
Mar
-17
Jun
-17
Sep
-17
Dec
-17
Mar
-18
Jun
-18
Sep
-18
Dec
-18
Mar
-19
Jun
-19
Sep
-19
Dec
-19
%
Headline (Y-o-Y) Headline (Annual Avg.)
*Based on the Colombo Consumer Price Index (CCPI, 2013=100)
**Core Inflation is calculated by excluding volatile food, energy and transport categories from the CCPI
NCPI based Inflation*
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
NCPI based Headline Inflation NCPI based Core Inflation**
*Based on the National Consumer Price Index (2013=100)
**Core Inflation is calculated by excluding volatile food, energy and transport categories from the NCPI
6.2
3.5
(2)
0
2
4
6
8
10
De
c-15
Mar
-16
Jun
-16
Se
p-1
6
De
c-16
Mar
-17
Jun
-17
Se
p-1
7
De
c-17
Mar
-18
Jun
-18
Se
p-1
8
De
c-18
Mar
-19
Jun
-19
Se
p-1
9
De
c-19
%
Headline (Y-o-Y) Headline (Annual Avg.)
5.2
5.7
0
2
4
6
8
De
c-15
Mar
-16
Jun
-16
Se
p-1
6
De
c-16
Mar
-17
Jun
-17
Se
p-1
7
De
c-17
Mar
-18
Jun
-18
Se
p-1
8
De
c-18
Mar
-19
Jun
-19
Se
p-1
9
De
c-19
%
Core (Y-o-Y) Core (Annual Avg.)
Producer's Price Index (PPI)*
Central Bank of Sri Lanka Economic Research Department
Source: Department of Census and Statistics
*Based on the Producer’s Price Index (PPI,2013 Q4=100)
142.5
162.8
133.9
85.5
80
90
100
110
120
130
140
150
160
170
180
Jan
uar
y
Mar
ch
May
July
Se
pte
mb
er
No
vem
be
r
Jan
uar
y
Mar
ch
May
July
Se
pte
mb
er
No
vem
be
r
Jan
uar
y
Mar
ch
May
July
Se
pte
mb
er
No
vem
be
r
Jan
uar
y
Mar
ch
May
July
Se
pte
mb
er
No
vem
be
r
Jan
uar
y
Mar
ch
May
July
Se
pte
mb
er
No
vem
be
r
2015 2016 2017 2018 2019
All Items Agriculture Manufacturing Electricity & Water Supply
External Sector
Central Bank of Sri Lanka Economic Research Department
Earnings from Merchandise Exports
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka and Sri Lanka Customs
Merchandise Exports - Monthly Merchandise Exports - Annual
700
750
800
850
900
950
1,000
1,050
1,100
1,150
1,200
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
US
$ m
n
2016 2017 2018 2019
5.54.8 4.7
5.15.8
6.36.9
7.68.1
7.1
8.6
10.6
9.810.4
11.110.5
10.3
11.4
11.9 11.9
0
2
4
6
8
10
12
14
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ b
n
Expenditure on Merchandise Imports
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka and Sri Lanka Customs
Merchandise Imports - MonthlyMerchandise Imports - Annual
1,200
1,300
1,400
1,500
1,600
1,700
1,800
1,900
2,000
2,100
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
US
$ m
n
2016 2017 2018 2019
7.36.0 6.1
6.78.0
8.9
10.311.3
14.1
10.2
13.5
20.319.2
18.0
19.418.9
19.2
21.022.2
19.9
0
5
10
15
20
25
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ b
n
Trade Balance
-1.8
-1.2-1.4 -1.5
-2.2-2.5
-3.4-3.7
-6.0
-3.1
-4.8
-9.7-9.4
-7.6
-8.3 -8.4
-8.9
-9.6
-10.3
-8.0
-12.0
-10.0
-8.0
-6.0
-4.0
-2.0
0.0
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ b
n
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
TourismArrivals and Earnings Monthly Arrivals
Central Bank of Sri Lanka Economic Research Department
Source: SLTDASource: Central Bank of Sri Lanka and Sri Lanka Tourist Development Authority (SLTDA)
20,000
60,000
100,000
140,000
180,000
220,000
260,000
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecN
um
be
r
2016 2017 2018 2019
252213
363
454408
429410 385
342350
576
8301,039
1,715
2,431
2,981
3,518
3,925
4,381
3,607
0
500,000
1,000,000
1,500,000
2,000,000
2,500,000
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
200
020
01
200
220
03
200
420
05
200
620
07
200
820
09
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
Nu
mb
er
US
$ m
n
Earnings from tourism Tourist arrivals (RHA)
Workers’ Remittances
1,160 1,155 1,287 1,414 1,305
1,968 2,161
2,502
2,918
3,330
4,116
5,145
5,985
6,407
7,018 6,980 7,242 7,164
7,015 6,717
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ m
n
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
Current Account Balance
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
-1.1
-0.2 -0.2-0.1
-0.6 -0.7
-1.5-1.4
-3.9
-0.2
-1.1
-4.6
-4.0
-2.5
-2.0-1.9
-1.7
-2.3
-2.8
-1.8
-5.0
-4.5
-4.0
-3.5
-3.0
-2.5
-2.0
-1.5
-1.0
-0.5
0.020
00
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ b
n
Foreign Direct Investment Inflows
Central Bank of Sri LankaEconomic Research Department
Source: Central Bank of Sri Lanka, Board of Investment and Colombo Stock Exchange
175 82
197 229 223 272
604
734
889
601 516
1,066
1,382 1,437
1,635
1,160 1,078
1,910
2,139
1,204
-
500
1,000
1,500
2,000
2,50020
00
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ m
n
Balance of Payments
-0.5
0.20.3
0.5
-0.2
0.5
0.2
0.5
-1.4
2.7
0.9
-1.1
0.2
1.0
1.4
-1.5
-0.5
2.1
-1.1
0.4
-2.0
-1.5
-1.0
-0.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
US
$ b
n
Overall Balance
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
Gross Official Reserves
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
0
1
2
3
4
5
6
7
8
0
1
2
3
4
5
6
7
8
9
10
De
c-14
Mar
-15
Jun
-15
Se
p-1
5
De
c-15
Mar
-16
Jun
-16
Se
p-1
6
De
c-16
Mar
-17
Jun
-17
Se
p-1
7
De
c-17
Mar
-18
Jun
-18
Se
p-1
8
De
c-18
Mar
-19
Jun
-19
Se
p-1
9
De
c-19
Mo
nth
s
US
$ b
n
Gross Official Reserves and Months of Imports
Gross Official Reserves Months of Imports (RHA)
Exchange Rate Movements
Source: Central Bank of Sri Lanka
Central Bank of Sri Lanka Economic Research Department
Fiscal Sector
Central Bank of Sri Lanka Economic Research Department
Government Revenue
16.8 16.6 16.6
15.2 14.915.5
16.315.8
14.914.5
12.713.4
12.0 11.911.5
13.3
14.113.7 13.4
12.6
0
2
4
6
8
10
12
14
16
1820
00
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
% o
f G
DP
Central Bank of Sri Lanka Economic Research Department
Source: Ministry of Finance, Economic and Policy Development
Note: Information from 2010 are based on rebased (2010 prices) estimates of GDP published by the Department of Census and StatisticsData (2017-2019) are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Government ExpenditureRecurrent Expenditure
20.2
21.6 20.9
18.4 18.6 18.1
18.6
17.4 16.9
18.2
14.6 14.2
13.0 12.6 12.8
15.514.7 14.5 14.5
15.3
0
5
10
15
20
25
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
% o
f G
DP
Central Bank of Sri Lanka Economic Research Department
Source: Ministry of Finance, Economic and Policy Development
6.5
5.9
4.6 4.6
4.2
5.8 5.6
6.1
5.7
6.7
5.3
5.7
4.9 4.84.6
5.4
4.8 4.8
4.2 4.1
0
1
2
3
4
5
6
7
8
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
% o
f G
DP
Capital and Net Lending
Note: Information from 2010 are based on rebased (2010 prices) estimates of GDP published by the Department of Census and StatisticsData (2017-2019) are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Public Investment
6.4
5.9
4.6
5.04.8
6.36.0
6.4
6.0
6.8
5.65.8
5.1 5.04.7
5.5
5.0 4.9
4.44.2
0
1
2
3
4
5
6
7
8
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
% o
f G
DP
Central Bank of Sri Lanka Economic Research Department
Source: Ministry of Finance, Economic and Policy Development
Note: Information from 2010 are based on rebased (2010 prices) estimates of GDP published by the Department of Census and StatisticsData (2017-2019) are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Budget Deficit
9.5
10.4
8.5
7.3 7.57.0 7.0 6.9 7.0
9.9
7.0
6.2
5.6 5.45.7
7.6
5.3 5.5 5.3
6.8
0
2
4
6
8
10
12
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
% o
f G
DP
Central Bank of Sri Lanka Economic Research Department
Source: Ministry of Finance, Economic and Policy Development
Note: Information from 2010 are based on rebased (2010 prices) estimates of GDP published by the Department of Census and StatisticsData (2017-2019) are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Central Government Debt
96.9
103.3105.6
102.5 102.5
90.888.0
85.181.5
86.2
71.6 71.2 69.771.8 72.3
78.5 79.0 77.9
83.786.8
0
20
40
60
80
100
12020
00
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
% o
f G
DP
Central Bank of Sri Lanka Economic Research Department
Source: Ministry of Finance, Economic and Policy Development Central Bank of Sri Lanka
Note: Information from 2010 are based on rebased (2010 prices) estimates of GDP published by the Department of Census and StatisticsData (2017-2019) are based on latest GDP estimates made available on 31 March 2020 by the Department of Census and Statistics
Monetary Sector
Central Bank of Sri Lanka Economic Research Department
Reserve Money Growth and Money Multiplier
Reserve Money Growth (Y-O-Y) Money Multiplier
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
0
1
2
3
4
5
6
7
8
9
200
0
200
1
200
2
200
3
200
4
200
5
200
6
200
7
200
8
200
9
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
M1 M2 M2b
19.8
16.5
27.8 27.1
12.7
17.815.5
9.8
13.2
10.2
11.2
2.7
-12.7
-3.0
-20
-10
0
10
20
30
40
Dec
-14
Mar
-15
Jun
-15
Sep
-15
Dec
-15
Mar
-16
Jun
-16
Sep
-16
Dec
-16
Mar
-17
Jun
-17
Sep
-17
Dec
-17
Mar
-18
Jun
-18
Sep
-18
Dec
-18
Mar
-19
Jun
-19
Sep
-19
Dec
-19
% Y
-O-Y
Broad Money Growth
13.4
16.8
19.8
16.5
17.3
18.4
21.4 21.3
20.3
16.7
16.8
14.9
13.1 13.0
11.4
8.7
7.4 7.0
5
7
9
11
13
15
17
19
21
23
25
Dec
-14
Mar
-15
Jun
-15
Sep
-15
Dec
-15
Mar
-16
Jun
-16
Sep
-16
Dec
-16
Mar
-17
Jun
-17
Sep
-17
Dec
-17
Mar
-18
Jun
-18
Sep
-18
Dec
-18
Mar
-19
Jun
-19
Sep
-19
Dec
-19
%
Broad Money (M2b) Growth (Y-O-Y)
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
Credit to the Private Sector
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
4.3
-10
-5
0
5
10
15
20
25
30
35
40
0
1,000
2,000
3,000
4,000
5,000
6,000
De
c-0
6
Jan
-08
Feb
-09
Mar
-10
Ap
r-11
May
-12
Jun
-13
Jul-1
4
Au
g-1
5
Se
p-1
6
Oct
-17
No
v-18
De
c-19
%
Rs.
bn
Private Sector Credit Volume Private Sector Credit Growth (RHA)
Net Credit to the Government
Central Bank of Sri LankaEconomic Research Department
Source: Central Bank of Sri Lanka
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
2,600
2,800
De
c-0
6
Jan
-08
Feb
-09
Mar
-10
Ap
r-11
May
-12
Jun
-13
Jul-1
4
Au
g-1
5
Se
p-1
6
Oct
-17
No
v-18
De
c-19
Rs.
bn
Central Bank Commercial Banks Claims on Government (net)
Credit to Public Corporations
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
0
50
100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
850
Dec
-06
Jun
-07
Dec
-07
Jun
-08
Dec
-08
Jun
-09
Dec
-09
Jun
-10
Dec
-10
Jun
-11
Dec
-11
Jun
-12
Dec
-12
Jun
-13
Dec
-13
Jun
-14
Dec
-14
Jun
-15
Dec
-15
Jun
-16
Dec
-16
Jun
-17
Dec
-17
Jun
-18
Dec
-18
Jun
-19
Dec
-19
Rs.
bn
Net Foreign Assets (NFA)
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
-1,000
-800
-600
-400
-200
0
200
400
600
800
1,000
Dec
-06
Jun
-07
Dec
-07
Jun
-08
Dec
-08
Jun
-09
Dec
-09
Jun
-10
Dec
-10
Jun
-11
Dec
-11
Jun
-12
Dec
-12
Jun
-13
Dec
-13
Jun
-14
Dec
-14
Jun
-15
Dec
-15
Jun
-16
Dec
-16
Jun
-17
Dec
-17
Jun
-18
Dec
-18
Jun
-19
Dec
-19
Rs.
bn
NFA of Central Bank NFA of Commercial Banks NFA of the Banking System
Policy Interest Rates and Overnight Money Market Rates
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
7.45
7.00
8.00
5
6
7
8
9
10
Dec
-15
Feb
-16
Ap
r-16
Jun
-16
Sep
-16
No
v-16
Jan
-17
Ap
r-17
Jun
-17
Au
g-1
7
Oct
-17
Jan
-18
Mar
-18
May
-18
Au
g-1
8
Oct
-18
Dec
-18
Mar
-19
May
-19
Jul-1
9
Oct
-19
Dec
-19
%
Average Weighted Call Money Rate Standing Deposit Facility Rate* Standing Lending Facility Rate **
*Previously known as the Repo Rate** Previously known as the Reverse Repo Rate
Treasury Bill Yields and the Yield Curve
5
6
7
8
9
10
11
12
Dec
-15
Mar
-16
Jun-
16
Aug
-16
No
v-16
Jan-
17
Ap
r-17
Jul-1
7
Sep-
17
Dec
-17
Mar
-18
May
-18
Aug
-18
No
v-18
Jan-
19
Ap
r-19
Jun-
19
Sep-
19
Dec
-19
%
Treasury Bill Yields (Primary Market)*
91- Day Treasury bill 182- Day Treasury bill
364- Day Treasury bill
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
7
8
9
10
11
12
13
14
0 5 10 15
%
Secondary Market Yield Curve
End 2016 End 2017 End 2018 End 2019
5 Y
ea
r
10 Y
ea
r
15 Y
ea
r
3 Y
ea
r
7 Y
ea
r
11 Y
ea
r
9 Y
ea
r
13 Y
ea
r
1 Y
ear
*Yield rates for some weeks are not available due to non-acceptance of bids or not offering of relevant tenors
Market Interest Rates
10.00
8.20
10.05
13.59
4
6
8
10
12
14
16
Dec
-15
Mar
-16
Jun
-16
Sep
-16
Dec
-16
Mar
-17
Jun
-17
Sep
-17
Dec
-17
Mar
-18
Jun
-18
Sep
-18
Dec
-18
Mar
-19
Jun
-19
Sep
-19
Dec
-19
%
Monthly Average Weighted Prime Lending Rate (AWPR) Average Weighted Deposit Rate (AWDR)
Average Weighted Fixed Deposit Rate (AWFDR) Average Weighted Lending Rate (AWLR)
Central Bank of Sri Lanka Economic Research Department
Source: Central Bank of Sri Lanka
Financial Sector
Central Bank of Sri Lanka Economic Research Department
Central Bank of Sri Lanka Economic Research Department
Banking Sector Indicators (i)
Source: Central Bank of Sri Lanka
Assets and Liabilities of the Banking Sector Non-Performing Loans of the Banking Sector
IIS: Interest In Suspense
Central Bank of Sri Lanka Economic Research Department
Profitability Indicators Capital Adequacy Ratios
Source: Central Bank of Sri Lanka
Banking Sector Indicators (ii)
Banking Density by Province*2009 2019 Q4
Central Bank of Sri Lanka Economic Research Department
*Banking Density by Province is calculated based on the mid-year population estimates published by the Department of Census and Statistics
Central Bank of Sri Lanka Economic Research Department
Non-Bank Financial Sector Indicators (i)
Source: Central Bank of Sri Lanka
LFC: Licensed Finance CompaniesSLC: Specialised Leasing Companies
Total Deposits and Borrowings of the LFC & SLC Sector*
Assets of the LFC & SLC Sector
* Deposits are only mobilised by the LFCs
337.3
414.1
480.6
530.7
686.7 716.8
756.7
193.1 217.4
314.3
438.7 396.0
463.8
405.6
0
100
200
300
400
500
600
700
800
2013 2014 2015 2016 2017 2018 2019R
s.b
n
Total Deposits Total Borrowings
Central Bank of Sri Lanka Economic Research Department
Non-Bank Financial Sector Indicators (ii)
Source: Central Bank of Sri Lanka
Profitability Indicators of the LFC and SLC Sector
Non-Performing Advances
Central Bank of Sri Lanka Economic Research Department
Stock Market PerformanceShare Price Indices and Market Capitalisation Net Foreign Inflows to the Secondary Market
Source: Colombo Stock Exchange
0
500
1,000
1,500
2,000
2,500
3,000
3,500
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
De
c-15
Jun
-16
De
c-16
Jun
-17
De
c-17
Jun
-18
De
c-18
Jun
-19
De
c-19
Rs.
bn
Ind
ex
Market Capitalisation (RHA) All Share Price Index
S&P SL 20 Index
174.2161.9
-37.3
2.3
115.5
-127.2
-64.6
-150
-100
-50
0
50
100
150
200
2013
2014
2015
2016
2017
2018
2019
US
$ m
n
The sets of graphs above summarisemacroeconomic and financial market trends inSri Lanka. However, these graphs do notcontain source data. An extensive set of datais available in the CBSL website. Informationfor the fourth quarter of 2019 is provisional.
Central Bank of Sri Lanka Economic Research Department
