Monthly minimum wage (Local currency), annual growth rate in Sri Lanka
Sri Lanka: Monthly minimum wage (Local currency), annual growth rate was 40 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Sri Lanka, 1997–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Sri Lanka recorded 40 % change on previous year for monthly minimum wage (local currency), annual growth rate in 2024. That is the highest value across all 21 years on record.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Sri Lanka peaked at 40 % change on previous year in 2024 and was at its lowest, 0 % change on previous year, in 2017.
That places Sri Lanka 8th out of 168 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Sri Lanka, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1997 | 3.52 % change on previous year | — |
| 1998 | 8.09 % change on previous year | +130.0% |
| 1999 | 6.44 % change on previous year | -20.4% |
| 2000 | 4.46 % change on previous year | -30.8% |
| 2001 | 12.44 % change on previous year | +179.1% |
| 2002 | 5.67 % change on previous year | -54.4% |
| 2003 | 3.14 % change on previous year | -44.7% |
| 2004 | 8.06 % change on previous year | +157.0% |
| 2005 | 2.07 % change on previous year | -74.3% |
| 2006 | 1.76 % change on previous year | -14.9% |
| 2007 | 34.74 % change on previous year | +1872.8% |
| 2008 | 28.01 % change on previous year | -19.4% |
| 2009 | 11.45 % change on previous year | -59.1% |
| 2017 | 0 % change on previous year | -100.0% |
| 2018 | 0 % change on previous year | — |
| 2019 | 0 % change on previous year | — |
| 2020 | 0 % change on previous year | — |
| 2021 | 0 % change on previous year | — |
| 2022 | 0 % change on previous year | — |
| 2023 | 0 % change on previous year | — |
| 2024 | 40 % change on previous year | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6.02 % change on previous year | 3.52 % change on previous year | 8.09 % change on previous year | 3 |
| 2000s | 11.18 % change on previous year | 1.76 % change on previous year | 34.74 % change on previous year | 10 |
| 2010s | 0 % change on previous year | 0 % change on previous year | 0 % change on previous year | 3 |
| 2020s | 8 % change on previous year | 0 % change on previous year | 40 % change on previous year | 5 |
Countries ranked near Sri Lanka
- 5 Egypt 71.43 % change on previous year compare
- 6 Eswatini 42.86 % change on previous year compare
- 7 Madagascar 42.36 % change on previous year compare
- 9 Niger 39.78 % change on previous year compare
- 10 Tajikistan 33.33 % change on previous year compare
- 10 Samoa 33.33 % change on previous year compare
More work & labour data for Sri Lanka
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5555 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5407 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5702 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.3 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 1.6 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 6,575 1000 No (2050)
- Population - Est. & Proj. — Rural population 14,218 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 10,672 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 10,578 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 21,249 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Sri Lanka?
- Monthly minimum wage (local currency), annual growth rate in Sri Lanka was 40 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Sri Lanka?
- The highest recorded value was 40 % change on previous year in 2024.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Sri Lanka?
- The lowest recorded value was 0 % change on previous year in 2017.
- How does Sri Lanka rank for monthly minimum wage (local currency), annual growth rate?
- Sri Lanka ranks 8th out of 168 countries with data for 2024.
- Where does this Sri Lanka data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.