Information Technology

Sri Lanka’s Information Technology (IT) sector is one of the country’s fastest-growing industries, generating over USD 1.5 billion in export revenue and supported by a highly skilled, English-proficient workforce of more than 175,000 professionals. With over 4,000 registered software firms, strong government backing through DIGIECON-2030, and competitive costs for IT and business process outsourcing (BPO), the sector is well-positioned for global investors. Rapid growth in enterprise software, fintech, healthtech, and edtech offers high-value opportunities, making Sri Lanka an ideal hub for technology innovation and digital service exports.

Key Facts

  • $5bn Export revenue target by 2030
  • $1bn Export contribution 2023
  • 500+ companies in the Sector
  • 1754k+ talent pool
  • Competitive cost and high productivity

Priority Areas

  • Software Development 
  • Business Process Outsourcing
  • Knowledge Process Outsourcing
  • FinTech & InsurTech 
  • Cyber Security & Data Science

Global Recognition

  • Ranked #3 in South Asia in the United Nations E-Government Survey (2024)
  • Ranked 89th globally and 5th regionally on Global Innovation Index (GII) (2024)
  • 12th in IBM’s Global Location Trends Report
  • Sri Lanka ranked 95th out of the 133 economies included in the Network Readiness Index 2024

Key Markets

  1. Canada 
  2. United State
  3. Scandinavia
  4. United Kingdom
  5. Middle East
  6. India
  7. East Africa
  8. South Africa
  9. Australia
  10. Japan

Information Technology Sector Export Performance (2015-2023)

Source : Sri Lanka Export Development Board

Information Technology Contribution to Merchandise Exports (2015-2023)

Source : Sri Lanka Export Development Board 

Employment by Industry Category (Information and Communication)

Source : Sri Lanka Export Development Board 
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