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Overview. 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%. Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector.
Over the last few decades, the apparel industry grew to represent Sri Lanka's number one export. Following a 38% increase in textile-based revenue from 1996 to 1997, in which the industry generated $2.18 billion in earnings, 50 new textile factories opened in Sri Lanka in 1998. [10] As of 1998, the Sri Lanka apparel industry employed about ...
Sri Lanka's population is aging faster than any other nation in South Asia and has the fifth highest rapidly growing population of older people in Asia after China, Thailand, South Korea and Japan. [16] [17] [18] In 2015, Sri Lanka's population aged over 60 was 13.9%, by 2030 this will increase to 21% and by 2050 this number will reach 27.4%.
United Arab Emirates 15% Sri Lanka 12.6% Kuwait ... Sri Lanka 14,450,000
Isaac Larian, CEO of MGA, wrote in an email to CNN that the toy had been on the market for 18 months, and estimated that only 10% to 15% of the recalled toys still have liquid resin inside.
The province is the most diverse in Sri Lanka, both ethnically and religiously. The population of the province, like that of the Northern Province, was heavily affected by the civil war. The war killed an estimated 100,000 people. Several hundred thousand Sri Lankan Tamils, possibly as much as one million, emigrated to the West during the war.
Taxation by country. Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy. The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes. As of 2018 CBSL report, taxes are the most ...
Northern Province is located in the north of Sri Lanka and is just 22 miles (35 km) from India. It is connected with Indian mainland by Adam's Bridge (also known as Sethu Paalam or Rama's Bridge). It has an area of 8,884 square kilometres (3,430 sq mi). [1] The province is surrounded by the Gulf of Mannar and Palk Bay to the west, Palk Strait ...