Poverty in Sri Lanka
Poverty in Sri Lanka is 31% of the population as of June 8, 2023
Population
As of June 8, 2023, 31% of the population lives below the poverty line.[1]
This highlights a link between isolation from social and economic
According to the Asian Development Bank, the population of Sri Lanka was 19.71 million in 2015. In 2014, 6.7% of the country lived below the national poverty line. During the same year, it was also reported that 50.5% of the population aged 15 years and above were employed.[6]
Regional poverty
Percent of population living on less than $2.15, $3.65 and $6.85 a day, international dollars (2017 PPP) as per the World Bank.[7]
District | $2.15 | $3.65 | $6.85 | Year |
---|---|---|---|---|
Colombo | 0.41% | 3.85% | 27.82% | 2016 |
Gampaha | 0.45% | 6.07% | 40.29% | 2016 |
Kalutara | 0.91% | 13.28% | 47.88% | 2016 |
Kandy | 2.22% | 17.97% | 56.02% | 2016 |
Matale | 1.64% | 15.30% | 56.91% | 2016 |
Nuwara Eliya | 1.53% | 21.86% | 71.01% | 2016 |
Galle | 1.00% | 10.35% | 49.42% | 2016 |
Matara | 1.22% | 17.11% | 58.25% | 2016 |
Hambantota | 0.19% | 6.64% | 47.28% | 2016 |
Jaffna | 1.73% | 23.16% | 68.24% | 2016 |
Mannar | 0.21% | 10.63% | 64.29% | 2016 |
Vavuniya | 0.72% | 5.98% | 49.18% | 2016 |
Mullaitivu | 5.65% | 40.15% | 77.75% | 2016 |
Kilinochchi | 7.62% | 41.06% | 85.85% | 2016 |
Batticaloa | 3.82% | 31.47% | 78.84% | 2016 |
Ampara | 0.68% | 11.24% | 61.55% | 2016 |
Tricomalee | 3.85% | 29.76% | 72.08% | 2016 |
Kurunegala | 0.81% | 9.91% | 49.05% | 2016 |
Puttlam | 0.72% | 8.48% | 47.36% | 2016 |
Anuradhapura | 1.17% | 9.44% | 48.85% | 2016 |
Polonnaruwa | 1.41% | 12.10% | 55.23% | 2016 |
Badulla | 0.77% | 22.54% | 65.17% | 2016 |
Moneragala | 1.12% | 19.31% | 67.11% | 2016 |
Ratnapura | 2.42% | 25.11% | 69.81% | 2016 |
Kegalle | 2.85% | 18.67% | 61.34% | 2016 |
Sri Lanka | 1.3% | 13.9% | 52.8% | 2016 |
Development
In 2008, it was reported that tens of thousands of men from impoverished villages were joining the
In order to reduce rural poverty (and thus poverty as a whole),
While it is identified that development in the rural areas is crucial for
Apart from government policies,
Although SEEDS does not directly deal with the lack of
SEEDS provides saving and credit services for starting a small enterprise or to improve livelihood as well as non-financial services such as business counselling, training in technical skills and market information.[11] It uses the village banking microfinance model to help the rural communities. Village banking treats the whole community as one unit and establishes semi-formal or formal institutions through which micro-finance is dispensed. The banks are run by their own people: they choose their members, elect their own officers, establish their own by-laws, distribute loans to individuals, and collect payments and savings. Their loans are backed, not by goods or property, but by moral collateral: the promise that the group stands behind each individual loan. Therefore, this is a means of ensuring that each individual will be disciplined in saving up to repay their own loans.[12] 86% of SEEDS beneficiaries actually had functioning micro-enterprises. Statistics have shown that 51% of SEEDS beneficiaries showed increased revenues while 73% of them showed increased profits.[12]
There are 1,129,344 members in these
References
- ^ a b "Sri Lanka's population in poverty surges to 31-pct of population: LirneAsia Survey".
- ^ a b Human Development Report 2013
- ^ a b 2011 CIA Worldfact Book
- ^ "Centre for Poverty Analysis". cepa.lk. Archived from the original on 2010-08-08.
- ^ a b "Rural Poverty Portal, Rural poverty in Sri Lanka". ruralpovertyportal.org.
- ^ Asian Development Bank. (n.d.). Poverty in Sri Lanka. Retrieved 21 November 2016 from https://www.adb.org/countries/sri-lanka/poverty
- ^ "Geospatial Poverty Portal: Interactive Maps". World Bank. Retrieved 2024-01-22.
- ^ "Sri Lankan youth join military to escape poverty". Daily Times (Pakistan). July 18, 2008. Retrieved August 25, 2013.
- ^ "Sarvodaya Economic Empowerment Development Services".
- ISBN 9781853394942.
- ^ a b Vinya Ariyaratne. "The Sarvodaya Shramadana Movement in Sri Lanka" (PDF). Archived from the original (PDF) on 2011-07-25.
- ^ a b c Anura Atapattu (2009). "State of Microfinance in Sri Lanka" (PDF). Archived from the original (PDF) on 2011-07-06.