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Sri Lanka’s lost decade: A decade of diverging household incomes
The typical household is worse off despite nominal gains, the Institute of Policy Studies of Sri Lanka (IPS) says…
Summary
The comparison between 2016 and 2019 shows that real median household income increased by 7.6%. In 2016, average household income was approximately 43% higher than median income. However, by early 2025, average income was nearly 59% higher than median income.