Sri Lanka - Inflation, consumer prices (annual %) 1960 - 2022
Sri Lanka's inflation, consumer prices (annual %) is currently 49.72%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Sri Lanka's inflation, consumer prices (annual %) for 2022 was 49.721%, a 608.80% increase from 2021, with a +42 difference.
- In 2021 it was 7.015%, a 13.99% increase from 2020.
- In 2020 it was 6.154%, a 74.41% increase from 2019.
- In 2019 it was 3.528%, a 65.26% increase from 2018.
- In 2018 it was 2.135%, a -72.29% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Sri Lanka is currently 8.7879% (average of years with recorded data) with a lowest recorded value of -1.5447% in 1960 and a highest value of 49.7211% in 2022.
Sri Lanka's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | -1.545% | |
| 1961 | 1.134% | 173.44% |
| 1962 | 1.504% | 32.54% |
| 1963 | 2.273% | 51.17% |
| 1964 | 3.196% | 40.60% |
| 1965 | 0.223% | -93.03% |
| 1966 | -0.156% | -169.84% |
| 1967 | 2.189% | 1,506.95% |
| 1968 | 5.861% | 167.70% |
| 1969 | 7.457% | 27.24% |
| 1970 | 5.867% | -21.32% |
| 1971 | 2.665% | -54.57% |
| 1972 | 6.349% | 138.22% |
| 1973 | 9.627% | 51.61% |
| 1974 | 12.303% | 27.80% |
| 1975 | 6.626% | -46.14% |
| 1976 | 1.33% | -79.93% |
| 1977 | 1.225% | -7.87% |
| 1978 | 12.142% | 891.25% |
| 1979 | 10.732% | -11.61% |
| 1980 | 26.145% | 143.62% |
| 1981 | 17.969% | -31.27% |
| 1982 | 10.826% | -39.75% |
| 1983 | 13.964% | 28.99% |
| 1984 | 16.638% | 19.15% |
| 1985 | 1.481% | -91.10% |
| 1986 | 7.976% | 438.51% |
| 1987 | 7.717% | -3.25% |
| 1988 | 13.992% | 81.30% |
| 1989 | 11.568% | -17.32% |
| 1990 | 21.495% | 85.82% |
| 1991 | 12.186% | -43.31% |
| 1992 | 11.383% | -6.58% |
| 1993 | 11.747% | 3.19% |
| 1994 | 8.449% | -28.08% |
| 1995 | 7.675% | -9.16% |
| 1996 | 15.936% | 107.64% |
| 1997 | 9.574% | -39.92% |
| 1998 | 9.364% | -2.19% |
| 1999 | 4.692% | -49.90% |
| 2000 | 6.176% | 31.64% |
| 2001 | 14.158% | 129.24% |
| 2002 | 9.551% | -32.54% |
| 2003 | 6.315% | -33.89% |
| 2004 | 7.576% | 19.97% |
| 2005 | 11.64% | 53.64% |
| 2006 | 10.02% | -13.91% |
| 2007 | 15.842% | 58.10% |
| 2008 | 22.564% | 42.43% |
| 2009 | 3.465% | -84.64% |
| 2010 | 6.218% | 79.44% |
| 2011 | 6.717% | 8.03% |
| 2012 | 7.543% | 12.30% |
| 2013 | 6.908% | -8.41% |
| 2014 | 3.179% | -53.98% |
| 2015 | 3.768% | 18.54% |
| 2016 | 3.959% | 5.06% |
| 2017 | 7.704% | 94.60% |
| 2018 | 2.135% | -72.29% |
| 2019 | 3.528% | 65.26% |
| 2020 | 6.154% | 74.41% |
| 2021 | 7.015% | 13.99% |
| 2022 | 49.721% | 608.80% |
Expand
Comparison with Countries in the South Asia Region.
Among countries in the same World Bank South Asia (SA) region, Sri Lanka comes in 1st with 49.721% inflation, consumer prices (annual %).
- Within the same region, Pakistan comes in 2nd with 19.874%, inflation, consumer prices (annual %).
- Bangladesh comes in 3rd with 7.697%.
- India comes in 4th with 6.699%.
- Bhutan comes in 5th with 5.639%.
- Nepal comes in 6th with 4.088%.
- Maldives comes in 7th with 2.333%.
- And Afghanistan comes in 8th with 2.302%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 8 Countries in the South Asia Region.
Top 8 Countries in the South Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sri Lanka | 49.72% | 2022 |
| 2 | Pakistan | 19.87% | 2022 |
| 3 | Bangladesh | 7.70% | 2022 |
| 4 | India | 6.70% | 2022 |
| 5 | Bhutan | 5.64% | 2022 |
| 6 | Nepal | 4.09% | 2021 |
| 7 | Maldives | 2.33% | 2022 |
| 8 | Afghanistan | 2.30% | 2019 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, Sri Lanka comes in 3rd with 49.721% inflation, consumer prices (annual %).
- Within the same income group, Lebanon comes in 1st with 154.756%, inflation, consumer prices (annual %).
- Zimbabwe comes in 2nd with 104.705%.
- Iran, Islamic Rep. comes in 4th with 43.389%.
- Haiti comes in 5th with 33.984%.
- Ghana comes in 6th with 31.256%.
- Angola comes in 7th with 25.754%.
- Lao PDR comes in 8th with 22.956%.
- Ukraine comes in 9th with 20.184%.
- Pakistan comes in 10th with 19.874%.
- Nigeria comes in 11th with 18.847%.
- Sao Tome and Principe comes in 12th with 18.006%.
- And Mongolia comes in 13th with 15.148%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |