CURRENT AFFAIRS
CURRENT AFFAIRS
Description
As Indians travel around the world, current data shows that Sri Lanka will be one of the top travel destinations for Indians in 2024. India maintained its lead over Sri Lanka in the first eight months of this year.
Indians Visited Island Nation
Almost 2.6 lakh Indians visited the island nation, and 1.36 million tourists arrived in the first eight months of the year.
According to figures given by the Sri Lanka Tourism Development Authority, tourist arrivals have climbed by 50.7% year to date compared to the same period in 2023.
Benefits For Sri Lanka
According to the Central Bank of Sri Lanka's most recent figures, the island nation earned 2.17 billion US dollars during the same period, a 66.1 percent gain over the previous year.
Top Source Of Income For The Island Nation
Sri Lanka's economy is heavily reliant on tourism due to the country's limited resources.
Sri Lankan tourism authorities has stated that they expect three million foreign tourists in 2025, which might return the tourism industry to pre-Covid levels.
Frequent Travelers
Mostly, India has topped the chart, with almost 30000 Indian tourists visiting the island nation each year.
Following that, tourists from neighboring nations such as China and Australia visit Sri Lanka, as do European vacationers.
Reason For Tourism Needs To Grow In Sri Lanka
Following the upheaval in the country in 2021, most sectors are facing crisis-like scenarios, and tourism is one of the areas that affects economic growth, along with other tourism-related sectors.
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