Sri Lanka’s overall economic growth in 2024 has increased by 5%.
Statistical reports indicate that this is the highest economic growth rate recorded since 2017.
Accordingly, it is noteworthy that the agricultural sector has grown by 1.2%, the industrial sector by 11.0%, and the services sector by 2.4%.
Accordingly, it appears that the main reason for the 5% growth is the recovery of the industrial sector.
Among the industrial sectors, the construction sector has grown by 19.4%.
Similarly, the Department of Census and Statistics says that Sri Lanka’s economic growth has increased by 5.4% in the fourth quarter of 2024.
