Categories: HeadlinesBusiness

LNP – Sri Lanka’s economy grows 5.5% in Q3 2024

The year-on-year GDP growth rate for the third quarter of 2024 has been reported as 5.5 percent of positive growth rate, the Department of Census and Statistics indicated.

Accordingly, the GDP for the third quarter of 2024 at constant price (2015) has increased up to Rs. 3,151,941 million from Rs. 2,987,544 million which recorded in the third quarter of 2023.

The year-on-year GDP growth rate for the third quarter of year 2024 has been reported as 5.5 percent of positive growth rate, while the Agricultural, Industrial and Services activities expanded by 3.0 percent, 10.8 percent and 2.6 percent respectively in the third quarter of 2024, according to the department

Tyronne Jayamanne

Recent Posts

LNP – Electricity tariff to be reduced by 20% tonight

The electricity tariff will be reduced by 20% from midnight today, the Public Utilities Commission…

9 hours ago

LNP – Ex-Pakistan PM Imran Khan ’sentenced to 14 years in jail’ in corruption case

A Pakistani court on Friday sentenced the country’s already-imprisoned former Prime Minister Imran Khan and…

9 hours ago

LNP – Gotabaya Rajapaksa arrives at CID

Former President Gotabaya Rajapaksa arrived at the CID a short while ago to record a…

13 hours ago

LNP – Three parliamentary employees guilty of sexual harassment dismissed from service

Three employees of Parliament who were found guilty of sexual harassment on female staff of…

13 hours ago

LNP – Local political hypocrisy holds no bar for Sino-Lanka ties

Despite past criticisms, the government led by the National People’s Power (NPP) has taken steps…

13 hours ago

LNP – Australia’s United Petroleum faces challenges, eyes exit

United Petroleum, the Australian energy giant that made a high profile-entry into Sri Lanka’s fuel…

13 hours ago