{"id":58359,"date":"2025-08-11T04:11:10","date_gmt":"2025-08-11T04:11:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/58359\/"},"modified":"2025-08-11T04:11:10","modified_gmt":"2025-08-11T04:11:10","slug":"sri-lanka-ranked-3rd-most-expensive-country-for-vehicle-purchases","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/58359\/","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\/uk\/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":58360,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-58359","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/58359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=58359"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/58359\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/58360"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=58359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=58359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=58359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}