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The mixed economy of Sri Lanka was worth 27.60 LKR trillion ($84 billion) by gross domestic product (GDP) in 2023 [34] and $318 billion by purchasing power parity (PPP). [35] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Economic troubles in Sri Lanka began in 2019, when a severe economic crisis began caused by rapidly increasing foreign debt, massive government budget deficits due to tax cuts, a food crisis caused by mandatory organic farming along with a ban on chemical fertilizers, and a multitude of other factors.
Economic history of Sri Lanka (3 C, 10 P) Energy in Sri Lanka (5 C, 2 P) F. Finance in Sri Lanka (3 C, 7 P) Foreign trade of Sri Lanka (1 P) G. Gambling in Sri Lanka ...
Pages in category "Economic history of Sri Lanka" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes. 0–9.
This is a timeline of Sri Lankan history, comprising important & territorial changes and political & economic events in Sri Lanka and its predecessor states. To read about the background to these events, see History of Sri Lanka .
Economic history of Sri Lanka (3 C, 10 P) ... Social history of Sri Lanka (11 C) This page was last edited on 28 June 2021, at 03:16 (UTC). Text ...
Sri Lanka, [c] historically known as Ceylon, [d] and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia.It lies in the Indian Ocean, southwest of the Bay of Bengal, separated from the Indian peninsula by the Gulf of Mannar and the Palk Strait.