The table summarizes a monetary policy decision by the Central Bank of Sri Lanka, which raised the Overnight Policy Rate (OPR) by 100 basis points to 8.75%. The margins linking the Standing Deposit Facility Rate (SDFR) and Standing Lending Facility Rate (SLFR) to the OPR remain unchanged at ±50 basis points, so the SDFR increased to 8.25% and the SLFR to 9.25%. The Statutory Reserve Ratio (SRR) stays at 2.00%. In short, the central bank tightened policy by raising its key policy rate while keeping the corridor width and reserve requirement unchanged.

The table shows that headline inflation in Sri Lanka, measured by the year-on-year change in the Colombo Consumer Price Index (CCPI), increased to 5.4% in April 2026. The accompanying line chart, which tracks both headline and core inflation (also year-on-year based on the CCPI) from 2021 into 2026, illustrates the path of inflation over this period. While the exact trajectory can be inferred, the 5.4% figure for April 2026 represents a notable level of headline inflation, and the chart visually compares it against core inflation, which excludes more volatile items—to show underlying price trends. Overall, the table and chart together indicate a rise in consumer price pressures in early 2026, with headline inflation exceeding core inflation likely due to specific volatile factors.

The table and accompanying text present Sri Lanka's headline inflation projections from the first quarter of 2024 through the first quarter of 2028, based on the Central Bank's May 2026 monetary policy round. The central projection (solid line) shows that headline inflation is expected to remain above the 5% target in the near term before gradually easing and stabilizing around that target. The shaded confidence intervals (50%, 70%, and 90%) indicate increasing uncertainty around the outlook. Realised inflation is shown for earlier periods, and the 5% inflation target—agreed under the October 2023 Monetary Policy Framework Agreement (MPFA)—is marked for reference. The text notes that while recent inflation has been largely supply-driven, demand conditions have strengthened through credit expansion and imports. Short-term inflation expectations have risen, but medium-term expectations remain anchored around the target. However, the outlook is highly uncertain due to the ongoing Middle East war and its potential spillovers, meaning actual inflation could deviate significantly from the projections.

The table presents two sets of leading economic indicators for Sri Lanka. The first chart shows Purchasing Managers’ Indices (PMI) from January 2022 to January 2026, with separate lines for Manufacturing, Services (Business Activity Index), and Construction (Total Activity Index). All three indices improved notably in 2026, though they experienced a seasonal slowdown in April 2026. The second chart displays the Index of Industrial Production (IIP) for January in 2024, 2025, and 2026, rising from 99.3 in 2024 to 97.3 in 2025 (a slight dip) and then to 106.9 in 2026, indicating a strong rebound in industrial output. The text notes that despite the April slowdown, leading indicators have shown notable improvements thus far in 2026, but ongoing global uncertainties are likely to affect domestic economic activity in the period ahead.

The table and accompanying text describe Sri Lanka's overnight money market liquidity, policy rates, and currency in circulation. Overnight liquidity, while declining from earlier peaks, remained in surplus as of late May 2026, with average liquidity rising from Rs. 136.4 billion in 2025 to Rs. 172.3 billion in 2026 and further to Rs. 284.1 billion by 2027 (though later figures show some fluctuation). The Overnight Policy Rate (OPR) and Standing Deposit Facility Rate are shown alongside liquidity levels. Repo auctions recommenced in late April 2026, indicating a shift in liquidity management. Additionally, currency in circulation increased by Rs. 87.3 billion thus far in 2026, suggesting continued demand for cash. Overall, despite a decline in surplus liquidity, the system remained well-supplied with funds, and the central bank resumed active repo operations to manage short-term interest rates.

The table presents movements in selected market interest rates in Sri Lanka from January 2024 to May 2026, though the chart image is corrupted with an extended, repetitive date axis. Based on the visible structure and title, it is a line chart tracking various market interest rates (such as Treasury bill yields, lending rates, or deposit rates) over time. The vertical axis shows percentage values ranging from -16% to 16%, indicating both positive rates and potential negative deviations from a baseline. The purpose is to illustrate how market interest rates responded to the central bank's policy rate changes (e.g., the OPR hike to 8.75% shown in the first image) during this period. While the exact rate lines cannot be discerned due to data corruption, the chart likely shows the transmission of monetary policy to broader financial markets, with market rates moving in response to the policy tightening.

The table shows changes in Treasury bill yields for three maturities (91‑day, 182‑day, and 364‑day) across three periods: adjustments made in 2025, adjustments from the end of 2025 to 20 May 2026, and adjustments at the most recent auction in 2026. Yields fell during 2025 (by 88, 50, and 51 basis points respectively). From end‑2025 to 20 May 2026, yields moved modestly: +44 bps for 91‑day bills, –2 bps for 182‑day bills, and +4 bps for 364‑day bills. However, following the latest monetary policy tightening, yields jumped sharply in the recent auction—by 118 bps (91‑day), 143 bps (182‑day), and 134 bps (364‑day). The accompanying text notes that Treasury bill yields have been rising since mid‑March 2026, with a notable increase after yesterday’s policy tightening. The secondary market yield curve (not shown in detail) would reflect these upward shifts across maturities.

The table illustrates the monthly expansion of credit to Sri Lanka's private sector by Licensed Commercial Banks (LCBs) in 2024, 2025, and the first quarter of 2026. It shows that credit growth has continued to expand thus far in 2026, with the year-on-year growth rate (right-hand scale) remaining positive and relatively strong. In absolute terms (left-hand scale, bars), monthly changes in credit turned positive in 2025 and into 2026, contrasting with some negative months in 2024. For instance, credit growth increased from Rs. 258.6 billion in Q1 2025 to Rs. 485.4 billion in Q1 2026, while the personal services and credit (PSC) component also grew. The accompanying text notes that a slowing of credit is expected going forward due to the recent monetary policy tightening and new macroprudential measures introduced by the Central Bank on gold and vehicle loans.

The table presents sector-wise credit to the private sector by Licensed Commercial Banks (LCBs), showing quarterly changes from Q1 2025 to Q1 2026, as well as the annual expansion shares for 2025. Total quarterly credit expansion increased from Rs. 231 billion in Q1 2025 to Rs. 464 billion in Q2, Rs. 615 billion in Q3, Rs. 592 billion in Q4, and further to Rs. 634 billion in Q1 2026. The breakdown by sector, Agriculture & Fishing, Industry, Services, and Personal Loans and Advances, indicates that Personal Loans and Advances accounted for the largest share of credit expansion in 2025, followed by Services, then Industry, and finally Agriculture & Fishing. The steady rise in total credit, particularly the strong Rs. 634 billion increase in Q1 2026, reflects continued private sector credit growth, consistent with the trend noted in the previous image.

The table presents two key external inflows for Sri Lanka in 2026: tourism and workers’ remittances. Tourist arrivals in the first 24 days of May 2026 reached 113,755, an 8.3% year-on-year increase, but cumulative arrivals from January to 24 May 2026 stood at 990,032, a slight 1.2% decline compared to the same period in 2025. Earnings from tourism in January–April 2026 were USD 1.1 billion, down from USD 1.4 billion in the same period of 2025. In contrast, workers’ remittances have remained resilient, with monthly remittances rising from around USD 600–700 million in 2023–2025 to USD 879 million in a recent month of 2026 (likely April or May). The text notes that remittances may include other inflows, such as those received following Cyclone Diwath. Overall, while tourism earnings have slowed, remittances have strengthened, providing continued support to the external sector.

The bar chart shows nine selected market interest rates in early 2026, with most monthly rates as of February 2026 and some updated to April 2026. The highest rates, Awcrmr (11.62%, 22 April 2026), Awnrr (11.31%), and Awndr (11.11%), are very short‑term money market rates, followed by the 91‑day Treasury bill yield (9.79%, auction of 22 April 2026). Mid‑range rates include the average weighted lending rate (AWLR, 8.27%), average weighted deposit rate (AWD, 7.75%), and AWNSR (7.70%). The lowest rates are the weekly average weighted prime lending rate (Awprs, 6.83%, as of 17 April 2026) and an unlabeled rate at 6.23%. Although short‑term market interest rates have shown mixed movements, the observed easing in short‑term rates and surplus liquidity in the money market are expected to gradually bring down other market rates, narrowing the gap between the highest and lowest rates.

The graphic illustrates a concerning continuous rise in prime lending rates (measured by the Average Weighted Prime Lending Rate, AWPR) in early 2026. After falling by 347 basis points during 2024 and a further 5 bps in 2025, the monthly AWPR began increasing in January 2026 (+12 bps to 8.99%), February (+18 bps to 9.17%), and March (+22 bps to 9.39%). A related line chart tracks the weekly AWPR alongside the AWCMR (call money rate) to show the spread between them, while a separate bank‑wise scatter plot uses black dots for state banks, red dots for domestic private banks, and blue dots for foreign banks, indicating how different banking groups have moved over time. Although the full date axis in the provided text appears garbled (listing dates from 2025 through 1970s), the core message is clear: after a prolonged decline, prime lending rates have reversed course and are now rising steadily.

The table shows how Treasury bill yields changed in 2025 versus early 2026. During 2025, yields fell across all three maturities: 91‑day bills by 88 basis points, 182‑day bills by 50 bps, and 364‑day bills by 51 bps, indicating an easing trend. However, in early 2026 (up to the time of the report), the pattern turned mixed: the 91‑day yield rose sharply by 53 bps, the 364‑day yield increased modestly by 7 bps, while the 182‑day yield continued to edge lower by 4 bps. This reversal—especially the steep rise in very short‑term T‑bill yields since mid‑March 2026—contrasts with the overall easing observed earlier and aligns with the report’s note that secondary market yield curve has shifted upward since end‑February 2026, partly due to market sentiment amid heightened global uncertainties.

The chart shows monthly changes in private sector credit extended by Licensed Commercial Banks (LCBs) from January 2024 to February 2026, along with the year‑on‑year growth rate. After a period of negative or low monthly credit expansion in early 2024, the bars turned mostly positive from mid‑2024 onwards, indicating renewed borrowing by the private sector. The momentum strengthened through 2025 and continued into early 2026, with January and February 2026 showing solid positive monthly increases. The year‑on‑year growth line (right axis) also rose steadily over the same period, moving from negative or low single digits in early 2024 to double‑digit levels by late 2025 and early 2026. This persistent upward trend confirms that private sector credit growth maintained its momentum into 2026, reflecting improving credit demand and confidence in the economy.

The chart from the Central Bank of Sri Lanka shows sector-wise credit to the private sector by Licensed Commercial Banks, comparing the quarterly change in early 2026 (January–February) with the annual expansion in 2025. For Jan‑Feb 2026, total credit increased by large absolute amounts, indicated by bars labelled Rs. 692 billion, Rs. 615 billion, and Rs. 464 billion—with sectoral breakdowns showing increments such as 321, 242, 245, 157, 139, 138, 94, 84, 74, 42, and 8 (likely in Rs. billion). The 2025 annual expansion figures list Agriculture & Fishing (2,200), Industry (2,000), Services (1,800), and Personal Loans and Advances (1,600), though the reported total of 1,400 appears inconsistent with the sum of those parts, possibly a labelling error or different units. A separate set of percentages (406%, 850%, 583%, 163%) is presented as “Share of Credit expansion (%)” for Services, Industry, Agriculture, and Personal Loans respectively, which exceeds 100% and may instead represent year‑on‑year growth rates or index values. Overall, the chart indicates that private sector credit continued to expand strongly across all major sectors in early 2026, building on the positive momentum seen in 2025.

The graphic presents two related charts on Sri Lanka’s external sector. The top chart shows monthly merchandise trade performance from early 2023 through February 2026, with exports and imports as stacked bars and the trade deficit as a line. Despite stronger import expenditures compared to exports throughout the period, the trade deficit narrowed in late 2025 and early 2026. The bottom chart breaks down the monthly current account into its components: trade balance, services account (net), primary income account (net), secondary income account (net), and the overall current account balance (line). Notably, although the trade balance remained negative for most months, the current account balance turned positive (a surplus) in February 2026. This surplus was achieved because net services, secondary income (e.g., remittances), and possibly narrower primary income outflows more than offset the merchandise trade deficit. Thus, despite higher import expenditures relative to exports, the external current account recorded a surplus in February 2026, reflecting resilient invisibles and transfer receipts.

The chart presents data on tourism and workers’ remittances for Sri Lanka up to April 2026. Earnings from tourism declined in March 2026 year‑on‑year, with tourist arrivals in the first 19 days of April 2026 reaching 88,211, a drop of 25.8% compared to the same period in 2025. For the full year 2025, Sri Lanka recorded 2.36 million tourist arrivals. Tourist earnings for January–March 2026 stood at USD 954.0 million, down from USD 1,122.3 million in the same period of 2025 (or possibly a different comparison, as the text is somewhat ambiguous). In contrast, workers’ remittances showed steady improvement: remittances reached USD 2.3 billion in January–March 2026, up from USD 1.8 billion in the same period of 2025, indicating resilient inflows despite recent geopolitical tensions. A footnote notes that remittances may include additional receipts following Cyclone Ditwah. Overall, the data highlight a weakening in tourism but continued strength in remittances.

The table shows exchange rate movements of the Sri Lanka rupee and several peer currencies against the US dollar for 2025 and 2026 (year‑to‑date). The Sri Lanka rupee depreciated by 5.6% in 2025 and a further 2.1% in early 2026, reflecting depreciation pressures following the onset of the Middle East war. Among peers, the Malaysian ringgit and Singapore dollar appreciated in both years, while the Indonesian rupiah, Indian rupee, Philippine peso, Bangladesh taka, Vietnam dong, and Nepalese rupee also depreciated (though generally less than Sri Lanka’s 2025 decline). The Thai baht appreciated sharply in 2025 (+8.7%) but turned to depreciation in 2026 (-2.8%). Additional data indicate that the Central Bank engaged in net FX purchases (based on value date), and gross official reserves increased steadily from USD 5.7 billion in 2020 to a provisional USD 7.0 billion by March 2026, providing some buffer against external shocks.

The table presents global and regional growth forecasts from the IMF’s April 2026 World Economic Outlook, showing a weakened outlook with world growth revised down to 3.1% in 2026 (from an earlier 3.3% forecast) amid rising inflationary pressures and heightened downside risks, largely reflecting the ongoing Middle East conflict. For the United States, growth was revised to 2.1% in 2026 (down from a prior 2.4% forecast). Emerging and Developing Asia also saw downward adjustments, with growth projections of 5.5%, 4.9%, and 4.8% for different sub‑periods or scenarios, compared to earlier January forecasts of 5.4%, 5.0%, and 4.8% respectively. The revisions assume the conflict is limited in duration, intensity, and scope, with disruptions dissipating by mid‑2026. Global inflation is projected to rise to 4.4% in 2026, driven by higher commodity prices and conflict‑related disruptions, before easing to 3.7% in 2027.

The graphic presents four leading indicators of Sri Lanka’s economic activity as of early 2026, all pointing to continued resilience despite possible spillover risks from the Middle East conflict. The Manufacturing PMI stood at 66.7 in March 2026, well above the 50 threshold, indicating strong expansion. The Index of Industrial Production shows a steady recovery from 2024 through early 2026, with the 2026 line tracking above previous years. The Services PMI Business Activity Index registered 59.4 in March 2026, also signaling robust growth, while the Construction PMI Total Activity Index reached 70.3 in February 2026, reflecting a post‑cyclone rebound. Although these indicators suggest a strong start to 2026, the accompanying note warns that if the Middle East conflict becomes prolonged, spillovers could weigh on domestic economic activity in the period ahead.

The chart shows that inflation in Sri Lanka remained low through early 2026, based on the Colombo Consumer Price Index (CCPI, 2021=100). The upper graph indicates that both headline and core year‑on‑year inflation have declined steadily from elevated levels in early 2024 to below 3% by March 2026, with core inflation even turning slightly negative in recent months. The lower stacked bar chart breaks down the contribution to headline inflation by component: food and non‑alcoholic beverages, energy and fuel, services, and others. It reveals that the decline in food inflation was the primary driver of subdued headline inflation in February and March 2026, as the positive contributions from services and other items were largely offset by negative or falling food and energy prices. Overall, disinflationary pressures, especially from food, have kept headline inflation very low in the first quarter of 2026.

The chart presents the Central Bank of Sri Lanka’s headline inflation projections from the March 2026 monetary policy round. Inflation is expected to reach the target of 5% in Q2‑2026, earlier than previously anticipated, driven largely by increases in energy prices. The current low level of inflation, well below 5% in early 2026, provides sufficient policy space to absorb the impact of higher energy prices and their spillovers. After reaching the target, inflation is projected to remain around 5% for the subsequent quarters. The 5% target was agreed under the Monetary Policy Framework Agreement signed between the Central Bank and the Minister of Finance in October 2023. However, the outlook is subject to elevated uncertainty due to the fluid Middle East conflict and its wide‑ranging spillovers; any significant changes in underlying conditions could lead to notable deviations from these projections.

The table shows average money market liquidity in Sri Lanka for January and February 2026, with figures of 176.3 and 172.3 (possibly comparing 2025 and 2026 levels) for January, and 284.1 for February in both years. Although liquidity has declined from an initial downward adjustment in early 2026, it remains in surplus. The accompanying text notes that supported by elevated surplus liquidity and improved distribution, the subsequent moderation in liquidity conditions has led the Average Weighted Call Money Rate (AWCMR) to move closer to the Official Policy Rate (OPR) in recent periods. Additionally, daily currency in circulation increased by Rs. 180.2 billion so far in 2026. Overall, while liquidity has tightened somewhat, the surplus persists, helping to anchor short-term market rates near the policy rate.

Based on the information from the table and accompanying text, the Sri Lankan economy showed a strong recovery in 2024, with real GDP growth reaching 5.0% after two years of contractions. The chart illustrates the year-on-year contribution to GDP growth from four main components—Agriculture, Industries, Services, and Taxes less Subsidies—from Q1 2022 through Q4 2024. While most quarterly growth rates from early 2022 through early 2023 were negative, the contributions turned consistently positive from around Q2 2024 onward, with all key sectors recording broad-based growth during 2024. In particular, the fourth quarter of 2024 saw notable positive contributions from sub-sectors such as construction, accommodation, and the manufacturing of food, beverages, textiles, and apparel.

This presents two charts illustrating recent inflationary trends and their underlying drivers. The left chart tracks the year-on-year movements of both headline and core inflation through line graphs, while the right chart uses a stacked bar graph to break down the specific category contributions to headline inflation (CCPI, 2021=100), overlaid with a line indicating the overall inflation rate. Together, these visual data points reinforce the overarching headline, which indicates that current inflationary conditions are projected to gradually ease starting from March 2025.

This outlines the Central Bank of Sri Lanka's decision to maintain the Overnight Policy Rate (OPR) at 8.00% and the Statutory Reserve Ratio (SRR) at 2.00%. Adopting a forward-looking and data-dependent monetary policy approach, the Board's decision takes into account global and geopolitical factors impacting the domestic economy. The statement highlights that these current rates are intended to guide inflation toward the 5% target while simultaneously supporting domestic economic growth. It emphasizes the Board's ongoing commitment to proactively manage risks in order to sustain price stability and foster the country's overall economic potential.

This economic data visualization presents Sri Lanka's financial indicators from 2015 to 2026, highlighting three key metrics: Gross Official Reserves (GOR) shown as bar charts, the Central Bank's annual net foreign exchange purchases, and the USD/LKR exchange rate trend line. The GOR, which represents the country's foreign currency holdings, is primarily supported by the Central Bank's foreign exchange purchases and funding from multilateral institutions. According to the information provided, Sri Lanka's reserves reached USD 6.8 billion by the end of 2025 and remained unchanged in January 2026. The exchange rate data indicates that the Sri Lankan rupee experienced depreciation in 2025 but showed marginal appreciation in 2026, suggesting some stabilization in the currency market during this period. This visualization likely demonstrates the challenges and gradual recovery of Sri Lanka's economic position over this decade-long timeframe.

This economic visualization provides a detailed analysis of Sri Lanka's inflation trends through two complementary charts. The left chart, "Movements of Headline and Core Inflation," illustrates the year-on-year percentage changes from 2021 to 2024, showing a dramatic surge in headline inflation peaking around 70% in 2022 before sharply declining, while core inflation followed a similar but less volatile pattern. The right chart, "Contribution to Headline Inflation," uses a stacked bar chart to decompose the inflation rate into its main components—Food and Non-alcoholic beverages, Energy and Fuel, Services, and Other. This breakdown reveals that the 2022 inflation crisis was predominantly driven by massive contributions from the Food and Energy categories, and the subsequent disinflation is largely attributable to the easing of these specific pressures. Sourced from the Central Bank of Sri Lanka, the data effectively visualizes the causes and evolution of the country's recent inflationary episode.

This visualization presents Sri Lanka's inflation projections from the Central Bank, showing that headline inflation is expected to gradually move toward the target of 5% by the second half of 2026. The left side displays a line graph of "Headline Inflation Projections" with CCPI (Colombo Consumer Price Index) quarterly average year-on-year inflation rates, distinguishing between realized historical data and future projections with multiple confidence intervals (50%, 70%, and 90%). The graph also includes a line for core inflation and a horizontal reference line at the 5% target level. On the right side, a blue text box explains that core inflation is expected to gradually move toward the target and that inflation expectations remain anchored to this target. This visualization appears to be part of the Central Bank of Sri Lanka's forward-looking monetary policy communication, showing their forecast for inflation to stabilize at the target rate by mid-2026.

This visualization presents Sri Lanka's monetary market liquidity situation in 2026 through two complementary charts and supporting data. The left chart displays the relationship between various policy rates (OPR, AWCMR, Standing Facility Rates) and market liquidity, with overnight liquidity represented in blue, while the right chart shows the daily currency in circulation patterns across different years. The data table reveals a significant increase in market liquidity, rising from an average of 136.4 billion rupees in 2025 to 219.5 billion rupees in 2026 so far. According to the accompanying text, this growing liquidity surplus has prompted policy adjustments, including the central bank's decision to restart repo auctions to manage the excess liquidity in the financial system. This visualization effectively illustrates how Sri Lanka's monetary authorities are responding to changing liquidity conditions in the banking sector..

This visualization from the Central Bank of Sri Lanka presents market interest rate movements in early 2026 through a combination of a line chart and data table. The left side displays a line chart titled "Movements in Selected Market Interest Rates" that tracks the trends of various rates including the Overnight Policy Rate and Call Money Rate over time. Complementing this, the right side features a detailed table that compares multiple interest rates such as AWCMR and 91-day T-bill across three time periods: October-December 2025, current levels, and 2026 changes. The visualization effectively illustrates the mixed characteristics of early interest rate fluctuations, providing stakeholders with a comprehensive view of how different market rates have evolved during this period, which is crucial for understanding the monetary policy direction and market conditions in Sri Lanka.

This visualization from the Central Bank of Sri Lanka's Economic Research Department illustrates that treasury bill yields continued their downward adjustment in recent auctions. The left chart, titled "OPR and Yields on Government Securities," displays the yields for 91-day, 182-day, and 364-day treasury bills (represented by blue, red, and green lines) in relation to the Overnight Policy Rate (shown as a black dashed line), with an accompanying table detailing the specific basis point adjustments in 2025 and 2026. The right chart, "Secondary Market Yield Curve," complements this by showing the evolution of the entire yield curve at different points in time, providing a comprehensive view of the downward trend in government borrowing costs.

This visualization from Sri Lanka's financial sector illustrates the trends in banking rates, specifically focusing on the Average Weighted Prime Rate (AWPR) and Average Weighted Call Money Rate (AWCMR). The image features two main charts: the left side displays a "Weekly AWPR and AWCMR" line chart showing the relationship between these rates and their spread over time, while the right side presents a "Bank-wise Weekly AWPR" chart that likely compares AWPR across different banks. The title indicates that despite recent declines, the AWPR experienced volatility in early 2026. A central table provides monthly AWPR data, showing adjustments such as a +12 basis point change from January to December 2024, with the end period Monthly AWPR at 8.99%. This visualization effectively captures the fluctuating nature of Sri Lanka's banking rates during this period, highlighting both the overall declining trend and the short-term volatility in the early part of 2026.

This visualization illustrates the trends in Sri Lanka's private sector credit growth, displaying both monthly changes and year-on-year growth rates. The blue bars represent the monthly credit changes measured in billions of rupees, while the red line tracks the year-on-year growth rate percentage. According to the title, while momentum in private sector credit growth continues, there has been a noticeable slowdown since December 2025. The data specifically notes that in January 2026, private sector credit increased by 8.26 billion rupees with a year-on-year growth rate of 26.3%. This dual representation of absolute changes and percentage growth provides a comprehensive view of the credit market's trajectory, highlighting both the continued expansion of credit to the private sector and the emerging moderation in growth pace as the new year begins.

This visualization illustrates the sectoral distribution of credit to the private sector by Licensed Commercial Banks (LCBs) in Sri Lanka, presented through two complementary components. The left section displays quarterly changes in sectoral credit throughout 2025 (Q1-Q4), using colored bar charts to represent different economic sectors measured in billions of rupees. The right section shows the annual expansion percentages for 2025, revealing that the services sector dominates with 850 billion rupees (42.4% share), followed by the industrial sector at 583 billion rupees (29.1% share). The visualization clearly demonstrates that services credit maintains its leading position in the private sector lending portfolio, with industry as the second-largest recipient, while also showing the quarterly flow of credit to various sectors including agriculture and personal loans throughout the year.

This visualization presents a detailed breakdown of Sri Lanka's annual credit expansion across various sub-sectors in 2025, measured in billions of rupees. The chart displays credit distribution across major economic categories including agriculture and fishing, industry, services, and personal loans and advances, with specific amounts highlighted for key sub-sectors such as wholesale and retail trade (375.4 billion rupees) and financial services (343.0 billion rupees). According to the explanatory text on the right side, the credit expansion was primarily concentrated in wholesale and retail trade along with financial business services, while within the industrial sector, the construction sub-sector demonstrated particularly significant expansion. The data also indicates that personal loans were predominantly driven by pawn shop lending. This comprehensive breakdown, sourced from the Central Bank of Sri Lanka's Economic Research Department survey report, provides valuable insights into which economic segments received the most credit support during 2025.

The visualization presents a two-part financial analysis for the year 2025. The left chart, titled "Contribution to Year-on-year growth of Broad Money (M2b)," illustrates the various factors that contributed to a significant 11.5% year-end growth in M2b. On the right, the focus shifts to "Net Foreign Assets" (NFA), displaying both a trend graph and a detailed table below it. This table provides specific numerical changes in NFA, breaking it down into components such as NFA, -CBSL (likely the Central Bank), and -LCBs (likely Licensed Commercial Banks), with comparative data for December 2025, the full year 2025, and the previous year, noting a total NFA of 49.31 billion for 2025. Collectively, the document links the expansion of the money supply to fluctuations in foreign assets, offering a comprehensive snapshot of the country's financial position during that period.

This document illustrates the annual trends and financial contributions of Sri Lanka's tourism sector and workers' remittances. The left chart, "Tourist Arrivals," tracks monthly visitors from 2023 to 2026, highlighting a total of 2.36 million arrivals in 2025, which generated $3.2 billion in revenue for that year. In contrast, the right chart on "Workers' Remittances" depicts a more substantial economic inflow, with a significantly larger total of $8.1 billion in 2025. The data panels at the bottom provide a snapshot for January 2026, showing tourism earnings of $378 million, while remittances for the same period nearly doubled that figure at $751 million. Overall, the document demonstrates that while tourism provides a stable and steady income stream, workers' remittances are a far larger and consistently improving financial pillar for the Sri Lankan economy.

This document presents a compelling economic narrative for 2025, where a sizeable external current account surplus was achieved despite a widening trade deficit. The left chart, "Monthly Merchandise Trade Performance," illustrates the challenge by showing a growing gap between imports (red line) and exports (green line), resulting in a significant trade deficit (purple bars), marked as "highly provisional" with a figure like 1.8*. However, the right chart, "Composition of Monthly Current Account," resolves this paradox by breaking down the current account's components. It reveals that strong surpluses in other areas, particularly the services account (indicated by figures like 1.2), were substantial enough to not only offset the merchandise trade shortfall but also generate an overall surplus for the year. Ultimately, the visual data demonstrates that the strength of the service sector and other non-trade inflows were the key drivers of the positive current account balance, compensating for the deficit in goods trading.

This table forecasts a two-stage evolution for Sri Lanka's Treasury bill yields. Initially, for January 2025, a significant and uniform easing is expected across all maturities, with projected cuts ranging from 50 to 88 basis points. The outlook then shifts for January 2026, where the trend diverges sharply: the 91-day bill is projected to reverse course with a 10 bps increase, while the longer 182-day and 364-day bills are expected to continue their decline, albeit at a much slower pace. This indicates a transition from a broad period of monetary easing to a stabilization phase where short-term rates begin to firm up even as longer-term rates remain under pressure.

This table provides a forecast of the anticipated yield adjustments for Sri Lanka's Treasury bills across three different maturities. For January 2025, a significant easing is projected, with yields for the 91-day, 182-day, and 364-day bills expected to drop by 88, 50, and 51 basis points respectively. Looking ahead to January 2026, the trend diverges; the shortest-term 91-day bill is anticipated to see a modest increase of 10 bps, while its longer-term counterparts, the 182-day and 364-day bills, are forecast to continue their decline, albeit much more slowly at 1 bps and 9 bps. Overall, the table projects a clear two-phase trajectory: an initial period of substantial rate cuts followed by a stabilization phase where short-term rates begin to rise while longer-term rates continue to flatten or ease slightly.

This table outlines the projected adjustments, measured in basis points (bps), for the yields of Sri Lanka's Treasury bills across three different maturities for two future dates. For January 2025, it forecasts a significant and uniform decrease in yields, with the 91-day, 182-day, and 364-day bills expected to fall by 88, 50, and 51 bps respectively. However, the outlook for January 2026 shows a diverging trend: the shortest-term 91-day bill is projected to reverse direction and increase by 10 bps, while the longer-term 182-day and 364-day bills are expected to continue their decline, though at a much slower pace of 1 bps and 9 bps. In essence, the table illustrates a two-stage path where an initial period of substantial rate cuts is followed by a stabilization phase where short-term rates begin to rise as longer-term rates continue to ease or flatten.

This table details the projected changes, measured in basis points (bps), for the yields of Sri Lanka's Treasury bills across three maturities for two future dates. For January 2025, it anticipates a significant and uniform decrease in yields, with the 91-day, 182-day, and 364-day bills expected to fall by 88, 50, and 51 bps respectively. However, the forecast for January 2026 shows a diverging trend: the shortest-term 91-day bill is projected to reverse direction and increase by 10 bps, while the longer-term 182-day and 364-day bills are expected to continue their decline, though at a much slower pace of 1 bps and 9 bps. In essence, the table illustrates a two-stage path where an initial period of substantial rate cuts is followed by a stabilization phase where short-term rates begin to rise as longer-term rates continue to ease or flatten.

This illustrates the recent upward trend in Sri Lanka's market interest rates by combining a trend chart with a data table. The left chart, "Movements in Selected Market Interest Rates," visually displays the trajectory of various rates over time. The right table provides the specific numerical evidence to support this trend, showing that key rates like the 91-day Treasury bill and the AWCMR (Weighted Average Short-term Money Market Rate) were higher in January 2026 than their lowest points in 2025. For instance, the table quantifies this increase, confirming that despite reaching lower levels during 2025, these rates have risen in recent months, validating the title's assertion that "Some increase in market interest rates was observed in recent months.

This illustrates that Sri Lanka's money market is operating with a surplus of liquidity. The left chart, "OPR, AWCMR, Standing Facility Rates and Market Liquidity," visualizes this surplus with the blue-shaded area representing overnight liquidity consistently above zero. It also shows that the AWCMR (red line), which was above the Overnight Policy Rate (OPR, black line) in the latter half of 2025, moderated and moved closer to the OPR in early 2026. The right chart, "Daily Currency in Circulation," displays the cyclical nature of cash demand, which peaks during holidays and then sharply declines. The accompanying text clarifies this pattern, noting that approximately LKR 260 billion returned to the banking system following the festive season. Together, these elements confirm that despite temporary cash withdrawals, the overall banking system remains well-supplied with funds.

This chart presents the Central Bank of Sri Lanka's official inflation forecast. The main title states that headline inflation is projected to accelerate gradually and reach the 5% target by the second half of 2026. The "Headline Inflation Projections" line graph visualizes this by showing past "Realised Inflation" and future "Projection" periods, with shaded bands representing the 50%, 70%, and 90% confidence intervals to indicate the uncertainty in the forecast. The text on the right explains that this expected rise is driven by growing economic demand, while importantly, inflation expectations are becoming firmly anchored around the 5% target. This forecast is based on the Central Bank's staff projections from the January 2026 monetary policy meeting.

This presents two charts detailing Sri Lanka's inflation dynamics. The left chart, "Movements of Headline and Core Inflation," tracks the trend of both overall consumer price changes (headline) and underlying inflation (core) over time. The right chart, "Contribution to Headline Inflation," breaks down the specific components driving the overall inflation rate. The most prominent piece of data is that headline inflation was recorded at a low 2.1% in December 2025. An explanatory note clarifies that this figure was influenced by rising food prices, which were attributed to two main factors: supply chain disruptions caused by Cyclone Ditwah and a seasonal increase in demand during the festive period.

This image presents a dashboard of four leading economic indicators from Sri Lanka's Central Bank, designed to illustrate the economy's resilience. Titled "Despite the slowdown in economic activity following the Cyclone, leading indicators reflect greater resilience," it displays data from 2022 to 2025 for the PMI (Purchasing Managers' Index) of Manufacturing, Services, and Construction, as well as the Industrial Production Index. Each chart uses lines or bars to show the performance trends, with specific high values like a 60.9 PMI for Manufacturing in December 2025, indicating strong sectoral expansion. Collectively, these charts provide evidence that even after a disruptive cyclone, Sri Lanka's core economic activities demonstrated significant strength and a quick recovery.

This presents a chart detailing the Sri Lankan Central Bank's key policy interest rates. It tracks three specific rates over time: the Standing Lending Facility Rate, the Standing Deposit Facility Rate, and the most important one, the Overnight Policy Rate (OPR). The central message conveyed is that the Central Bank held the OPR unchanged at 7.75% following its meeting on January 27, 2026. The rationale for this decision, as noted in the accompanying text, is the Board's belief that the current monetary policy is appropriately calibrated to guide inflation towards the 5% target.

This illustrates the strengthening of Sri Lanka's external financial position, highlighting key indicators of stability. The "Gross Official Reserves (GOR)" chart shows a positive trajectory, with reserves forecast to reach $6.8 billion in 2025. This build-up is explicitly attributed to two main drivers: the Central Bank's significant net foreign exchange purchases, which amounted to $2.8 billion in 2024, and inflows from multilateral institutions. Consequently, the USD/LKR exchange rate chart demonstrates that the Sri Lankan Rupee has remained stable, with a projected rate of approximately 309.5 per dollar in early 2026, underscoring the success of these measures in bolstering the country's foreign exchange buffers.

This illustrates the performance of two key foreign income sources for Sri Lanka. The left chart, "Tourist Arrivals," shows monthly data from 2022 to 2025, indicating that tourism remained steady with the country recording 2.36 million tourist arrivals in 2025. The right chart, "Workers’ Remittances," displays a clear upward trend, with remittances growing from USD 6.6 billion in 2024 to a stronger USD 8.1 billion in 2025. As summarized by the title, the data presents a dual economic story: stable earnings from tourism alongside a significant and continuing improvement in foreign remittances from overseas workers.

The document presents two charts from Sri Lanka's Central Bank that together explain the country's external economic outlook. The left chart, "Monthly Merchandise Trade Performance," visualizes a widening trade deficit from 2023 to 2025 using bars, while lines show the values for both exports and imports. The right chart, "Composition of Monthly Current Account," breaks down the various components of the current account, such as services and remittances. The key takeaway from these charts is the paradoxical yet positive projection that despite the growing deficit in merchandise trade, Sri Lanka's overall current account is expected to achieve a considerable surplus in 2025, indicating that other non-trade sectors are performing strongly enough to more than compensate for the trade imbalance.

Cyclone Ditwah, which occurred from 27 to 30 November 2025, caused widespread flooding, landslides, and major disruptions across all 25 districts of the country. The disaster affected approximately 490,385 families, involving 1,702,719 persons, and resulted in 643 deaths and 183 people reported missing. Housing damage was significant, with 6,228 houses fully damaged and 101,055 houses partially damaged. The most severely affected sectors included transport infrastructure, telecommunication and electricity services, as well as the food and beverages sector. The cyclone is expected to create near-term inflationary pressures, alongside spillover effects from increased government spending, with possible adverse impacts on the balance of payments (BOP) and GDP growth. However, most affected services have since been partially or fully restored.

All sectors recorded positive growth in the third quarter of 2025, marking the ninth consecutive quarter of sustained economic expansion. After a period of subdued performance, agricultural activities rebounded and expanded in both the second and third quarters of 2025. The main contributors to growth in Q3 2025 were construction, financial services, food, beverages and tobacco, and textiles, apparel, leather and related manufacturing. As a result, real GDP grew by 5.4 percent during the quarter, indicating that the economy continues to maintain a strong and positive growth momentum.

Headline inflation returned to positive territory in August 2025 and continued to rise thereafter. Inflation movements during the period were mainly driven by changes in food and non-alcoholic beverages, energy and fuel prices, services, and other components of the consumer basket. Overall, both headline and core inflation exhibited a clear upward trend throughout 2025.

The monetary policy stance remains accommodative, with the Overnight Policy Rate (OPR) maintained unchanged at the latest monetary policy review. Since June 2023, policy rates have been reduced by approximately 800 basis points, reflecting sustained monetary easing. Meanwhile, the Standing Deposit Facility Rate and the Standing Lending Facility Rate have continued to remain aligned within the established policy rate corridor.

In the government securities market, Treasury bill yields remained broadly unchanged as the government utilised available internal buffers for financing. Yield movements indicate a significant decline in 2024, followed by more moderate reductions in 2025 year-to-date, with the 91-day, 182-day, and 364-day Treasury bill yields decreasing by 5.9, 5.4, and 4.0 percentage points in 2024, and by 1.1, 0.9, and 0.9 percentage points, respectively, in 2025. Consistent with these developments, the secondary market yield curve reflects easing across maturities.

Domestic credit developments indicate strong expansion, driven primarily by sustained growth in credit to the private sector. Monthly movements in domestic credit during the year were largely influenced by private sector borrowing, while net credit to the government declined. During the period from January to October 2025, domestic credit expanded by Rs. 1,449.7 billion, with private sector credit increasing by Rs. 1,610.7 billion and net credit to the government recording a contraction of Rs. 91.2 billion. As a result, the domestic credit-to-GDP ratio stood at 62.8 percent.

Sectoral credit to the private sector has recorded broad-based expansion across all major economic sectors. With the introduction of the Monthly Survey on Loans and Advances by Licensed Commercial Banks from April 2025, credit growth has been observed in agriculture and fishing, industry, services, as well as personal loans and advances. During the period from April to October 2025, total private sector credit expanded by a provisional amount of Rs. 1,325 billion, reflecting widespread recovery in economic activity.

Net credit to the government has recently declined, primarily driven by reductions in credit from commercial banks, while Central Bank credit has remained relatively stable. Monthly data throughout 2025 indicate a consistent downward trend in net credit to the government.

Tourism and remittances have shown notable developments in 2025. Tourism earnings reached USD 2.9 billion from January to November, slightly below the USD 3.2 billion recorded in 2024, while the country surpassed two million tourist arrivals during the year. In contrast, workers’ remittances increased to USD 7.2 billion over the same period, up from USD 6.6 billion in 2024, providing a significant boost to foreign exchange inflows.

Sri Lanka’s reserves and exchange rate developments in 2025 show relative stability. Gross Official Reserves (GOR) were maintained around USD 6 billion, supported by net foreign exchange purchases by the Central Bank of Sri Lanka. The USD/LKR exchange rate depreciated by 5.5 percent during the year, following a 10.7 percent appreciation in 2024. Additionally, Sri Lanka is expected to receive USD 200 million under the IMF’s Rapid Financing Instrument, approved in December 2025.