Sri Lanka’s foreign exchange earnings from tourism declined in January despite a continued rise in visitor arrivals, highlighting pressure on per-capita spending even as the sector records strong headline growth.
Tourism revenue fell 6% year-on-year to $378.3 million in January 2026, according to data released by the Central Bank of Sri Lanka. Earnings were higher than in December 2025, when tourism brought in $308.6 million, reflecting a seasonal boost during the northern winter travel period. By comparison, tourism earnings stood at $400.7 million in January 2025.
Tourist arrivals rose to 277,327 in January 2026, up from 258,928 in December 2025 and 252,761 in January 2025, marking a 10% year-on-year increase and one of the strongest monthly performances on record.
Despite the growth in arrivals, the decline in annual earnings suggests lower average spending per visitor, a trend analysts say remains a key challenge for the sector.
While Sri Lanka’s tourism industry continues to recover in terms of volumes, economists note that attracting higher-spending visitors will be crucial for generating stronger and more sustainable foreign exchange inflows as the country seeks to regain its pre-crisis footing. (Newswire)
