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Sri Lanka has become the country with the highest indirect taxes in the world.
Latest official data indicates that Sri Lanka's economy grew by 4.7 percent in the first half of 2026.
Summary
In regional countries, this figure is 5.6 percent in India, 6.7 percent in Vietnam, 4.7 percent in Bangladesh, 3.2 percent in Malaysia, and 3.1 percent in Singapore. Even in the United Kingdom and Australia, it is 10.5 percent and 7.3 percent respectively, while the average for OECD countries is 10.8 percent. In the first half of 2026, nominal Gross Domestic Product expanded by 11.2 percent.
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