Sri Lanka has a free market economic system where prices are set freely between consumers and vendors. Key economic indicators for Sri Lanka include a GDP growth rate of 7.3%, a population below the poverty line of 4.3%, and an inflation rate of 6.9%, which are remarkable figures compared to other South Asian countries. Sri Lanka's GDP per capita is $11,068.996 USD.
Sri Lanka has a free market economic system where prices are set freely between consumers and vendors. Key economic indicators for Sri Lanka include a GDP growth rate of 7.3%, a population below the poverty line of 4.3%, and an inflation rate of 6.9%, which are remarkable figures compared to other South Asian countries. Sri Lanka's GDP per capita is $11,068.996 USD.
Sri Lanka has a free market economic system where prices are set freely between consumers and vendors. Key economic indicators for Sri Lanka include a GDP growth rate of 7.3%, a population below the poverty line of 4.3%, and an inflation rate of 6.9%, which are remarkable figures compared to other South Asian countries. Sri Lanka's GDP per capita is $11,068.996 USD.
poverty rates, labor distribution, use of resources, etc. and analyze what this information says about the country, how does it compare to other countries, change over time, etc. Identify the GDP - per capita for the country.
Sri Lanka retains a free market economy. This
means that prices for goods and services are set freely between vendors and consumers. In other words, the prices are set without restriction of any type of authority. 1. GDP growth rate: 7.3% 2. Population below poverty line: 4.3% 3. Inflation: 6.9% In comparison with other countries in the South Asian region, Sri Lanka has remarkable growth rates and the statics above show that. $11,068.996 USD