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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]
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%.
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 ...
Climate change in Sri Lanka. Visualisation of average annual temperature anomaly in Sri Lanka, 1901 to 2020. Climate change is an important issue in Sri Lanka, and its effects threaten to impact both human and natural systems. Roughly 50 percent of its 22 million citizens live in low-lying coastal areas in the west, south, and south-west of the ...
2001–2019: Leader of the United National Front for Good Governance [ a] 1989–1993: Leader of the House. Ranil Wickremesinghe[ b] (born 24 March 1949) is a Sri Lankan politician who is the 9th and current President of Sri Lanka. [ 1][ 2] He also holds several ministerial positions, including the Minister of Finance, Minister of Defence ...
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Politics of Sri Lanka. Sri Lanka is a unitary multi-party semi-presidential representative democratic republic, whereby the President of Sri Lanka is both head of state and head of government. Executive power is exercised by the President on the advice of the Prime Minister and the Cabinet of Ministers. Legislative power is vested in the ...
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