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Analysis by Region - Emerging Markets - Sri Lanka

Publisher Oxford Economics
Published Jun 24, 2025
Length 6 Pages
SKU # OFE20204897

Description

Sri Lanka's economy grew by 4.8% y/y in Q1 2025, slowing from the 5.4% expansion in H2 2024. Given the risks related to higher US tariffs, we've downgraded our 2025 GDP growth forecast for Sri Lanka by 0.3ppts to 3.5% to reflect softening global demand amid tariff risks.

Table of Contents

6 Pages
Sri Lanka: Growth momentum moderates ahead of the tariff blow
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

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