Share of employment outside the formal sector in Sri Lanka

Sri Lanka: Share of employment outside the formal sector was 58.62 in 2024. ▼ Falling

Latest (2024)
58.62
Change on year
down 1.6%
World rank
18th
of 81 countries
All-time high
64
in 2010
All-time low
58.62
in 2024
Years of data
14
2010–2024

Share of employment outside the formal sector in Sri Lanka, 2010–2024

02040602010201720242010: 642011: 63.72013: 622014: 60.72015: 61.62016: 61.42017: 59.42018: 60.12019: 592020: 59.42021: 59.62022: 58.82023: 59.62024: 58.6

Source: International Labour Organization.

Analysis

In 2024, share of employment outside the formal sector in Sri Lanka stood at 58.62. That is the lowest value across all 14 years on record.

The figure is down 1.6% on the previous year and down 3.4% over ten years.

Over the whole period, share of employment outside the formal sector in Sri Lanka peaked at 64 in 2010 and was at its lowest, 58.62, in 2024.

That places Sri Lanka 18th out of 81 countries with data for 2024, putting it in the top quarter.

The long-run direction has been consistently falling across the 14 years of available data.

Share of employment outside the formal sector in Sri Lanka, year by year

Annual values for Share of employment outside the formal sector (previous ILO definition - ICLS13) in Sri Lanka, 2010 to 2024.
Year Value Change
2010 64
2011 63.67 -0.5%
2013 62.02 -2.6%
2014 60.7 -2.1%
2015 61.58 +1.5%
2016 61.45 -0.2%
2017 59.42 -3.3%
2018 60.15 +1.2%
2019 59.02 -1.9%
2020 59.36 +0.6%
2021 59.62 +0.4%
2022 58.76 -1.5%
2023 59.57 +1.4%
2024 58.62 -1.6%

Sri Lanka compared with similar countries

  • Sri Lanka's 58.62 is above the median for upper middle income countries, which is 46.77, 1.3× the median. (28 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 61.33 59.02 64 9
2020s 59.19 58.62 59.62 5

Countries ranked near Sri Lanka

  1. 15 Guatemala 67.15 compare
  2. 16 Armenia 65.51 compare
  3. 17 Viet Nam 62.01 compare
  4. 19 Ecuador 57.32 compare
  5. 20 El Salvador 57.13 compare
  6. 21 Peru 56.32 compare

See the full ranking of 81 places →

More work & labour data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is share of employment outside the formal sector in Sri Lanka?
Share of employment outside the formal sector in Sri Lanka was 58.62 in 2024, according to International Labour Organization.
What is the highest share of employment outside the formal sector recorded in Sri Lanka?
The highest recorded value was 64 in 2010.
What is the lowest share of employment outside the formal sector recorded in Sri Lanka?
The lowest recorded value was 58.62 in 2024.
How does Sri Lanka rank for share of employment outside the formal sector?
Sri Lanka ranks 18th out of 81 countries with data for 2024.
Is share of employment outside the formal sector rising or falling in Sri Lanka?
Over the last ten years it is down 3.4%. The long-run trend across the full record is falling.
Where does this Sri Lanka data come from?
The figures come from International Labour Organization, published as part of Share of employment outside the formal sector (previous ILO definition - ICLS13). Statizoid updates them automatically from the source API.

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Share of employment outside the formal sector in Sri Lanka. Statizoid, drawing on International Labour Organization. Retrieved 13 September 2026, from https://labour.statizoid.com/stat/share-of-employment-outside-the-formal-sector-previous-ilo-definition-icls13/sri-lanka/

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About this data

Indicator
Share of employment outside the formal sector (previous ILO definition - ICLS13)
Source
International Labour Organization
Licence
ILO Terms of Use (attribution required)
Coverage
81 places, 1,202 data points, 1999–2026
Last refreshed

With the aim of promoting international comparability, statistics presented on ILOSTAT are based on standard international definitions wherever feasible and may differ from official national figures. This series is based on the 13th ICLS definitions. For time series comparability, it includes countries that have implemented the 19th ICLS standards, for which data are also available in the Work Statistics -- 19th ICLS (WORK) database. This harmonized series for employment outside the formal sector is derived using the same set of criteria across countries to improve comparability. The criteria used are based on employment status, institutional sector, destination of production, bookkeeping, registration, social security contribution, places of work and size. Data disaggregated by economic activity are provided according to the latest version of the International Standard Industrial Classification of All Economic Activities (ISIC) available for that year. Data may have been regrouped from national classifications, which may not be strictly compatible with ISIC. For more information, refer to the Labour Force Statistics (LFS and STLFS) database description.