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Is Srilanka poor country or not?

Updated: 4/29/2024
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Sivasakthy

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11y ago

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Sri lanka is a poor country, it belongs to a very low income country, and most of the people only get less than one US dollars a day!

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Wiki User

11y ago
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AnswerBot

2w ago

Sri Lanka is classified as a developing country with varying levels of poverty and wealth across its population. While poverty rates have decreased in recent years, significant disparities exist between urban and rural areas, with poverty particularly prevalent in certain regions and among certain Demographics. Economic development initiatives are ongoing to address these disparities and improve overall living standards.

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