Outsourcing rates by profession ($/hour)
Indicative blended rates for senior-level specialists.
| Profession | Min | Max | Avg |
|---|---|---|---|
| Business Analyst | 34 | 54 | 40 |
| Project Manager | 37 | 49 | 41 |
| Scrum Master | 37 | 44 | 39 |
| Graphic Designer | 32 | 38 | 37 |
| DevOps | 25 | 39 | 30 |
| Lead Developer | 37 | 47 | 44 |
| Junior Developer | 21 | 32 | 26 |
| Intermediate Developer | 30 | 36 | 31 |
| Senior Developer | 35 | 44 | 40 |
| Junior QA (Manual) | 20 | 26 | 21 |
| Intermediate QA (Manual) | 25 | 28 | 25 |
| Senior QA (Manual) | 29 | 33 | 30 |
| Junior QA (Automated) | 21 | 28 | 25 |
| Intermediate QA (Automated) | 25 | 35 | 29 |
| Senior QA (Automated) | 30 | 41 | 34 |
General information
Currency
LKR
GDP growth%
3.3
Population
22.16 million (2021)
Time zone
GMT+5:30
Region
Asia
Scorecard
160 country assessments, drawn up on the basis of macroeconomic, financial and political data, are made freely available.
Regularly updated, they provide an estimate of the average credit risk on a country’s businesses. This is an invaluable tool, giving an indication of a country’s potential influence on businesses’ financial commitments.
Our analyses use a eight-level ranking. In ascending order of risk, these are
Source linkcoface.com/Economic-Studies-and-Country-RisksOverall readiness
Software outsourcing readiness
Technology capabilities
Microsoft Stack
Cloud Computing
Key industries
Economic overview
Political Stability
0.00The likelihood of political instability and/or politically motivated violence, including terrorism, is rated on a scale of approximately -2.5 to 2.5, where the score of -2.5 represents the highest perceived risk, and the score of 2.5 represents the lowest perceived risk.
Democracy status
6.14A global ranking based on political factors such as elections, government, participation, culture, and civil liberties.
Business climate
UncertainA comprehensive evaluation of the business environment, including access to and accuracy of corporate financial information and the strength of creditor protection through fair and effective resolution of unpaid debts through the local legal system.
Risk assessment
SignificantAn assessment of the average risk of non-payment for companies, determined by economic, financial, and political factors.
Figures are indicative and compiled from public indices. See our disclosure for methodology and sources.
Overview
Sri Lanka is an island nation located in South Asia, known for its rich cultural heritage, diverse wildlife, and scenic landscapes. The country's economy is diversified, with the service sector accounting for a significant portion of its GDP. The country is also a major exporter of tea, textiles, and tourism services.
Despite progress in recent years, Sri Lanka faces several challenges, including income inequality, high levels of public debt, and political instability. The government has implemented several measures to address these challenges, including promoting foreign investment and increasing access to education and healthcare.
Sri Lanka has a developing IT infrastructure, with increasing internet and mobile phone penetration. The country has made progress in expanding access to technology, particularly in urban areas. The government has also implemented initiatives to promote the use of technology in education and business, with a focus on expanding access to digital services for all citizens. Sri Lanka is home to several successful technology companies, including Virtusa and Sysco LABS. However, limited infrastructure development and political instability have hindered the growth of Sri Lanka's IT sector.
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