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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%. [42] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [43]
Apparel industry of Sri Lanka. Textile and clothing industries have been Sri Lanka's largest gross export earner since 1986 and accounted for more than 52% of the total export earnings of the country. It is also the country's largest net foreign exchange earner since 1992. [ 1][ 2] The apparel industry of Sri Lanka employs about 15% of the ...
[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%. [17] [18] Sri Lanka's rapidly growing older population has ignited concerns of the socio-economic challenges that the country will face because of this. [19]
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 ...
The UNF was the governing party of the Parliament of Sri Lanka from 2015 to 2020. The alliance once consisted of 7 parties, including the largest Muslim party in Sri Lanka, the Sri Lanka Muslim Congress, and the Sinhalese nationalist Jathika Hela Urumaya. Since 2020, however, the alliance has been rendered mostly nugatory, with the alliance ...
The Eastern province's population was 1,551,381 in 2012. [ 2] 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. [ 26]