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Is Sri Lanka a developing country?

Is Sri Lanka a developing country?

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Asked by J. Lautner, Last updated: Nov 09, 2024

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2 Answers

Bobby Rickets

Bobby Rickets

Bobby Rickets
Bobby Rickets, Content Reviewer

Answered Jun 04, 2019

Sri Lanka is indeed a developing country. The confusion is, though, that it is said to have been developing for 70 years or more, ever since it won its independence. Just how long does it take a country to develop? That's the real question. Development of a country is generally 20 years or less.

Sri Lanka is indeed a developing country. The confusion is, though, that it is said to have been
It is considered a Lower Middle-Income country and it has an official GDP per capita of USD 4,073 or so it was in 2017. The total population is 21.4 million people The country is, however, making significant progress in the area of socio-economic development and in and human development too so you have to give them credit for that.

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michele6

michele

michele6
Michele

Answered May 24, 2019

Yes, we can say Sri Lanka is developing country & Sri Lankan is very decent people.

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