Population growth in Sri Lanka from 2021-2040 will be the result of rising life expectancy and positive natural change. Ageing will continue, with the population above 65 rising, while under 14s decline. Despite population growth, negative net migration will persist as citizens leave the country for career opportunities. Urbanisation will rise but remain below the Asia Pacific rate. A rising population and increasing disposable incomes will aid Sri Lanka’s appeal as a consumer market in 2040.
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