Looking Into Sri Lanka – ホーム | Colombo Consultancy Lanka

Covid19 Updates

Covid19 Updates Sri Lanka was tremendously under control of the Covid 19 pandemic until the Sinhalese and Tamils New year in April 2021. With these new clusters Sri Lanka had to lock-down the country again and still under travel restrictions. Recently re-opened the ports for returning Sri Lankans and gradually getting the citizens’ lives back to normal. Still, more than 2,000 cases are found and averagely 50 person dies daily with the virus.

Economy

Sri Lanka’s GDP Per Capita reached 3,852.000 USD in Dec 2019, compared with 4,079.000 USD in Dec 2018. Sri Lanka GDP Per Capita data is updated yearly, available from Dec 1959 to Dec 2019, with an average number of 420.000 USD. The data reached an all-time high of 4,079.000 USD in Dec 2018 and a record low of 140.000 in Dec 1962. CEIC extends history for annual GDP per Capita………..

Real Estate

Sri Lankan housing market is experiencing an extraordinary boom. House prices surged 17% nationwide during 2018 (16.3% inflation-adjusted) to an average of LKR 34.03 million (US$ 194,670) Land prices are also rising. In Sri Lanka, the average price of a residential lot was up 15.3% y-o-y in 2018, to LKR 1.36 million (US$7,780) per perch (1 perch is equal to 16.5 feet). Likewise, land prices in Colombo also increased 5.5% y-o-y to LKR 11.56 million (US$66,130) over the same period.

Foreign Policy

“Friendly and Non-aligned Foreign Policy .We will not fall on our knees before any country in maintaining foreign and trade relations. We will always be mindful of our national sovereignty and maintain friendly relations with other countries from a standpoint of equality. Our government will restore Sri Lanka’s national pride and dignity”. -Gotabaya Rajapaksa manifesto, 2019-

Covid19 Updates

Economy

Real Estate

Foreign Policy

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