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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 ...
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]
From 2021 publication of Credit Suisse. Countries by median wealth ( US dollars) per adult. From 2021 publication of Credit Suisse. This is a list of countries of the world by wealth per adult or household, from sources such as UBS 's annual Global Wealth Databook[ 1] and the OECD 's Better Life Index. [ 2] Wealth includes both financial and ...
0% (20% on distribution or 14% on distribution below the 3 previous years average) 6.9% (for minimum wage full-time work in 2024: includes 20% flat income tax, of which first 7848€ per year is tax exempt for low-income earners + 2% mandatory pension contribution + 1.6% unemployment insurance paid by employee); excluding social security taxes ...
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 important revenue ...
The Maldives is southwest of Sri Lanka and India, about 750 kilometres (470 miles; 400 nautical miles) from the Asian continent's mainland. The Maldives' chain of 26 atolls stretches across the equator from Ihavandhippolhu Atoll in the north to Addu Atoll in the south. The Maldives is the smallest country in Asia.
The army was officially established as the Ceylon Army in 1949, though the army traces its roots back in 1881 when Ceylon Light Infantry Volunteers was created; the army was renamed as the 'Sri Lanka Army' when Sri Lanka became a republic in 1972. In 2024, the Army had approximately 150,000 personnel. [ 1][ 3]
About 1.2 million plug-ins cars and vans were sold worldwide in 2017, with China accounting for about half of global sales. The plug-in car segment achieved a 1.3% market share. [127] [147] Plug-in passenger car sales totaled just over 2 million in 2018, with a market share of 2.1%. [112]