Economy

What kind of economy does Sri Lanka have?

Sri Lanka – Overview of the economy. Sri Lanka is a developing economy based largely on agriculture, services, and light industry. Agriculture accounts for approximately 21 per cent of the gross domestic product (GDP) and employs 38 per cent of the workforce.

What is Sri Lanka Currency?

Sri Lankan rupee

What is the main source of economy of Sri Lanka

The major export commodities of Sri Lanka are Textiles and apparel, tea and information technology services, spice and diamonds

Is Sri Lanka Third World country?

According to current conditions, Sri Lanka falls into the ‘Developing nation’ category, not into a poor country list. This is slightly better than earlier 3rd world country standards

Is Sri Lanka poorer than India?

But when it comes to the standard of living in Sri Lanka proved itself far better than India. Sri Lanka Per Capita Income is 11,970 dollars which is more than India Per Capita Income is 6,490 dollars. Sri Lanka has highest literacy rate and the lowest poverty rate

Is Sri Lanka at war?

Not at present. 16 May 2009: Sri Lankan Government declared a military defeat of a local rebel group known as LTTE

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Last Modified: April 16, 2024