{"id":59698,"date":"2025-08-11T10:06:16","date_gmt":"2025-08-11T10:06:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/59698\/"},"modified":"2025-08-11T10:06:16","modified_gmt":"2025-08-11T10:06:16","slug":"sri-lanka-ranked-3rd-most-expensive-country-for-vehicle-purchases","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/59698\/","title":{"rendered":"Sri Lanka Ranked 3rd Most Expensive Country for Vehicle Purchases"},"content":{"rendered":"<p>Sri Lanka ranked as the third most expensive country in the world to buy a vehicle in 2021, according to the World Bank\u2019s Vehicle Price Level Index.<\/p>\n<p>The index shows Sri Lanka\u2019s score at 175, meaning vehicle prices are more than 1.75 times the global average benchmark of 100. Only Singapore and the Maldives ranked higher.<\/p>\n<p>The Advocata Institute said high import duties and restrictive policies have turned vehicle ownership into a luxury for most Sri Lankans, affecting mobility, productivity, and economic opportunity. (Newswire)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-198397\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/20250810_220842.jpg\" alt=\"\" width=\"600\" height=\"850\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Sri Lanka ranked as the third most expensive country in the world to buy a vehicle in 2021,&hellip;\n","protected":false},"author":2,"featured_media":59699,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-59698","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/59698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=59698"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/59698\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/59699"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=59698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=59698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=59698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}