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Write a brief summary of the economic

system of the country: Identify and explain


the type of economic system.

Select three key economic indicators such as


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

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