Economy

World Happiness Report 2026: Sri Lanka ranked among world’s unhappiest countries

Published

3 weeks ago

March 21, 2026

Sri Lanka has been ranked among the least happy countries globally, with the island nation’s rankling dropping one place to 134th, according to the World Happiness Report 2026, published on Thursday.

With an average life evaluation score of 4.013, Sri Lanka is only ahead of 13 other countries in the index, including nations such as Ethiopia, Tanzania, Lebanon, Yemen and Afghanistan.

In comparison, Sri Lanka was ranked 133rd in 2025 and 128th in 2024 while the country was placed 112th and 127th in 2023 and 2022, respectively.

Every year, the World Happiness Report reveals where people feel most satisfied with their lives, and where they don’t.

The report ranks 147 countries using data from the Gallup World Poll, where respondents score their lives on a scale from 0 to 10, known as the Cantril Ladder. The rankings are based on a three-year average from 2023 to 2025, offering a more stable snapshot of global well-being.

Amid rising geopolitical tensions, 79 countries recorded significant gains in happiness levels from the 2006–2010 base period to 2023–2025.

Finland remains the happiest country in the world in 2026, holding the top spot for the ninth consecutive year.

The Finnish population reported an average life evaluation score of 7.764 out of 10 this year, up 0.375 points from last year.

Economy

Sri Lanka literacy hits record 97.4%, gender gap closes for first time

Published

2 hours ago

April 12, 2026

admin

Sri Lanka has achieved a historic education milestone, with literacy rising to 97.4% in 2024, up from 95.7% in 2012.

For the first time since 1881, the literacy gender gap has closed, with males at 97.9% and females at 97.0%.

Digital literacy has reached 67.6%, while computer literacy stands at 34.7%, highlighting Sri Lanka’s growing digital transformation.

Economy

$ 900 m in four months: Port City Colombo signals new investment era

Published

1 day ago

April 11, 2026

admin

From November 2025 to March, Port City Colombo secured approximately $ 900 million in investments, an almost unprecedented surge for a project that had seen gradual traction in its early years amid broader macroeconomic challenges. The timing is not accidental.

After a prolonged period marked by the Easter Sunday attacks, the global shock of the COVID-19 pandemic, and Sri Lanka’s economic collapse, the project remained largely in a holding pattern.

International marketing efforts began to gain momentum from late 2025 onwards, as conditions began to stabilise.

“The macro story had to align first,” Aluwihare explained. “You cannot market a country when the fundamentals are unstable. Now, we are seeing recovery, policy alignment, and growing confidence, and we are finally seeing the results.”

From real estate to a ring-fenced financial ecosystem

Port City Colombo’s most significant transformation has been conceptual rather than physical. Originally envisioned as a waterfront real estate development, it has evolved into a fully ring-fenced services export Special Economic Zone (SEZ), enabled by the Colombo Port City Economic Commission Act.

Economy

Sri Lanka’s Official Reserves fall 3.5%in March – CBSL

Published

3 days ago

April 9, 2026

admin

Sri Lanka’s Official Reserve Assets have decreased by 3.5% to USD 7,019 million in March 2026, according to the latest data of the Central Bank of Sri Lanka.

The CBSL states that the decrease is from USD 7,270 million reported in February 2026.

The CBSL further states that the figure for March includes the swap arrangement with the People’s Bank of China.