Sri Lanka, March 19 -- In another reaffirmation of the strength of the ongoing economic recovery since the country fell into its economic depths back in 2022, Sri Lankan economy has recorded an estimated 5.4 percent growth in its economy in the fourth quarter of last year bringing the full year growth to the expected 5.0 percent in 2024.
According to the Gross Domestic Product (GDP) estimates published by the Census and Statistics Department, the fourth quarter marked the highest rate of growth since the current recovery took off six quarters ago in the third quarter in 2023.
In US dollar terms, Sri Lankan economy was of the size of 98.98 billion by the end of 2024.
Further, the 2024 GDP growth is also the highest since 2014, when the ...
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