GDP Growth In Sri Lanka
A man walks in Colombo, Sri Lanka, on January 31, 2025. A notable driver of growth is household consumption, which contributes approximately 3.1 percentage points to GDP growth in Q3 2024. This increase is attributed to disinflation and recovering real wages, although not yet to pre-crisis levels. The overall GDP growth for 2024 is expected to be around 4.8%, with contributions from various sectors, particularly industry and services. For 2025, GDP growth is forecasted at 5.2%, driven by continued increases in household spending and investment. Consumer spending is expected to grow by approximately 4.5%, supported by favorable inflation trends and government initiatives aimed at increasing disposable incomes. (Photo by Akila Jayawardena/NurPhoto)
- Product Code
- ILEA003939711
- Registered date
- 2025/1/31 00:00:00
- Credit
- NurPhoto / Kyodo News Images
- Media source
- Akila Jayawardena/NurPhoto
- Media size
- 6016 × 4016 pixel
- Deployment size
- 13.33(MB)*
*File size when opened in Photoshop, etc.