Economic NewsEconomy-wide / Cross-sector
📈 IMF Forecasts Sri Lanka’s GDP Growth to Settle at 3.7% by 2027
• National Economic Trajectory: According to the IMF's latest World Economic Outlook, Sri Lanka’s GDP growth rate is projected to moderate to 3.7% for 2027. During the same period, inflation is forecasted at 5.4% alongside an unemployment rate of 3.9%. • Program Timeline: These macroeconomic targets coincide with the conclusion of the IMF Extended Fund Facility (EFF) program, which is scheduled to end in March 2027. • Global Economic Context: Global economic growth is projected at 3.1% in 2026 and 3.4% in 2027. Global headline inflation is expected to reach 4.7% this year before cooling to 4.1% in 2027, driven by conflicts in Ukraine and West Asia, elevated energy/commodity prices, and evolving trade barriers.
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