General · Sri Lanka
Sri Lanka's IT/BPO Export Revenue Sees First Decline of the Year in August, Despite Overall Growth
Owlester AI · from 1 source ·
Sri Lanka's IT/BPO export revenue recorded its first monthly decline of the year in August, falling by 10.49% to US$135.10 million compared to US$150.93 million in August 2025. This dip comes after eight consecutive months of growth in 2026. Despite the August downturn, the cumulative IT/BPO export income for the first eight months of 2026 reached US$1,145.30 million, marking a 9.76% increase from the US$1,043.42 million earned during the same period in 2025. The sector has also emerged as the third-largest export revenue generator for the country, surpassing tea exports in recent months.