ECONOMYNEXT – Sri Lanka’s Western Province retained its dominance in the economy in 2024, accounting for 42.4 percent, but the combined share of the other provinces increased, the central bank said. The Provincial Gross Domestic Product (PGDP) shows that the Western Province continued to account for the largest share of the country’s nominal GDP, it said in a statement. Nominal GDP for 2024 was 29,899 billion rupees. The North Western (11.5 per cent) and Central (10.7 per cent) provinces followed, recording the second and third highest shares of the economy in 2024, respectively, according to the PGDP estimated by the…
Sri Lanka’s regional economic disparities narrow: central bank
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