Further, The Economist forecasts also stated that Sri Lanka will have a private consumption of 1.7% of GDP in 2021. Quoting the official statistics by the World Bank, Singapore’s GDP was worth $ 372.06 billion in 2019. With a population of 21.9 million, Sri Lanka has a total of 458,359 unemployed persons as of the second quarter of 2020. Accordingly, Singapore’s tourism receipts stood at SGD 4.4 billion, a decline of 78.4% compared to the same period last year. Due to this, a total of 4.60 million social media users were recorded within the same year.

Source: The Nation February 06, 2021 22:07 UTC