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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]
The S&P SL20, or the Standard & Poor's Sri Lanka 20, is a stock market index, based on market capitalization, that follows the performance of 20 leading publicly traded companies listed in the Colombo Stock Exchange.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Here are some trends, issues and tips to mind in coming weeks: ... This article originally appeared on USA TODAY: How to stay financially healthy in 2025. Show comments. Advertisement.
In the past four years, the share of people living below the poverty line in Sri Lanka has risen to 25.9 per cent. The World Bank forecasts the economy to grow by just 2.2 per cent in 2024.
Sri Lanka's electricity demand is currently met by thermal power stations (54.59%), major hydroelectric power stations (33.50%), wind farms (2.12%), small hydro facilities (8.01%) and other renewables such as solar (1.78%). [6] Sri Lanka as a whole last faced a major nationwide blackout in March 2016, which lasted for over eight hours. [7]
From Brilliant Earth to Shane Co, we tracked down all the best places to shop for diamonds, gold, and casual jewelry.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]