Economic Overview

3. Educated and Adaptable Workforce

In 2009, Sri Lanka possessed the most literate population in South Asia and one of the highest in the developing world with a literacy rate of 91.4% (90% and 93% respectively for females and males).

Extensive investment in public education has produced a workforce that is not only competent but intelligent, trainable and comfortable with high tech production and services.

Approximately 50% of the students who have completed higher education are trained in technical and business disciplines. English is widely spoken and is the main language used by the business community.

Well educated and energetic, skilled and semi-skilled human resources are readily available at competitive wage rates.

Wage Rates - 2008/2009

Country Min. Wage
(USD /Month)
Full Time General Worker Base Salary
(USD /Month)
Bangladesh 59 47
Sri Lanka 62 102
Pakistan 71 136
Vietnam 75 104
India 96 196
Indonesia 122 148
Thailand 125 231

Literacy Rates - 2008/2009

Country World Ranking
Thailand 94
Indonesia 92
Malaysia 92
Sri Lanka 91
Vietnam 90
India 74
Bangladesh 55
Pakistan 54