Is Sri Lanka considered a developing country?

As an expert in international development and economics, I can provide a comprehensive analysis of whether Sri Lanka is considered a developing country. The classification of a country as developed or developing is not solely based on a single metric but rather a combination of factors, including economic, social, and human development indicators. Economic Indicators: The most commonly used economic indicator to classify countries is the Gross Domestic Product (GDP) per capita. While Sri Lanka has made significant strides in economic development, its GDP per capita is still relatively low compared to developed countries. According to the World Bank data, as of 2022, Sri Lanka's GDP per capita is around $4,100, which is significantly lower than that of developed countries, which typically have a GDP per capita of $25,000 or higher. Human Development Index (HDI): Another important metric is the Human Development Index (HDI), which takes into account life expectancy, education, and income. Sri Lanka has a relatively high HDI for a country at its income level, ranking 79th out of 189 countries in the 2022 Human Development Report. This indicates that Sri Lanka has made progress in areas such as health and education, which are crucial for human development. Income Inequality: Income inequality is a critical factor in assessing a country's development. Sri Lanka has made efforts to reduce income inequality, and it has a lower Gini coefficient than many other countries in the region. However, despite these efforts, there are still significant disparities in income and wealth within the country. Infrastructure and Technology: Developed countries typically have advanced infrastructure and technology. While Sri Lanka has been investing in infrastructure, it still lags behind developed countries in terms of transportation, telecommunications, and technological innovation. Quality of Life: The quality of life in Sri Lanka has improved over the years, with better access to healthcare and education. However, when compared to developed countries, there are still areas where improvements can be made, such as in the availability of clean water, sanitation, and housing. **Comparative Analysis with Neighboring Countries:** It's important to note that comparisons with neighboring countries like India can provide some context. While Sri Lanka may have a higher GDP per capita and lower population density, which can influence certain development indicators, it does not necessarily mean that it is more developed. India, despite its challenges, has a larger economy and is making significant strides in technology and innovation, which are key components of development. Conclusion: Based on the multifaceted nature of development, Sri Lanka, while making progress in various areas, is still classified as a developing country. It has areas of strength, such as a relatively high HDI for its income level and improvements in health and education, but it also faces challenges in terms of economic growth, infrastructure, and technology. The comparison with other countries, while informative, should be considered within the broader context of each country's unique set of circumstances and development trajectories.

So it's more developed than India, Yes. But Sri Lanka is not a developed country. ... In terms of GDP Per capita, Quality of Life, Income Equality Sri Lanka is a way ahead of India only because of having low population. Even GDP of Hyderabad and Bangalore is more than or equal to GDP of Sri lanka.