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    Sri Lanka

    Tier 2
    South Asia · #91 of 117 markets · IEPA 2024 (final) · 2026 current estimate available
    40.6▲ +5.1 YoY
    ●●○0.80IEPA COMPOSITE

    Sri Lanka scores 40.6 out of 100 on the IEPA (2024 edition), ranking #91 of 117 economies. That is up 5.1 points on the year before. Its strongest zone is Prosperity Outcomes at 52.5. Its binding constraint, the lowest-scoring of its six zones, is FDI Accelerator at 22.1. How the IEPA works →

    SIX FACTORS · CLICK ANY SCORE FOR ITS EVIDENCE
    IEPA TRAJECTORY · 2010–2026
    2010201220142016201820202022202420263336394245
    CAPITAL FLOWS · FDI NET INFLOWS % OF GDP
    2010201120122013201420152016201720182019202020212022202400.450.91.351.8
    IE FDI intelligence · synced weekly
    PRODUCTIVE CAPABILITY
    IE COMPLEXITY LAYER · VINTAGE 2024
    #83of 145 ranked economies▲ 18 places since 2010
    How much productive know-how this market has demonstrated, read from the range and rarity of what it makes competitively.
    20102011201220132014201520162017201820192020202120222023202482879297102
    CAPABILITY RANK · HIGHER IS BETTER
    4.37% / yr
    Implied growth
    Annual growth the current capability base points to.
    202
    Diversity
    Distinct products made at competitive scale.
    -0.04
    Capability score
    Standardized: 0 is the world average.
    +0.43
    Outlook
    Value of the new products within reach of what it already does.
    INDUSTRY STRENGTHS · REVEALED FROM TRADE EVIDENCE
    VINTAGE 2022-2024
    POSITION IN THE PRODUCT SPACE
    IE COMPLEXITY LAYER · VINTAGE 2024
    Textile Apparel and Accessories35 of 50 made · 93% of the rest within reach
    Textile and Home Goods25 of 78 made · 74% of the rest within reach
    Agriculture30 of 200 made · 42% of the rest within reach
    Electronic and Electrical Goods7 of 73 made · 44% of the rest within reach
    Minerals4 of 48 made · 36% of the rest within reach
    Construction, Building, and Home Supplies7 of 104 made · 35% of the rest within reach
    Metalworking and Electrical Machinery and Parts7 of 155 made · 18% of the rest within reach
    Industrial Chemicals and Metals6 of 157 made · 13% of the rest within reach
    MADE COMPETITIVELYONE STEP AWAY
    Widest opening is Textile and Home Goods. This market makes 32% of that cluster today, and 74% of what it does not make sits one step from something it already does.
    Industrial Chemicals and Metals is the furthest: 4% made, and only 13% of the rest is within one step. A move there means building capability rather than extending it.
    READ ON THE 121 OF 202 COMPETITIVE PRODUCTS THAT CARRY A POSITION IN THE CAPABILITY MAP
    POSITIONED TO BUILD NEXT
    IE COMPLEXITY LAYER · VINTAGE 2024
    Trunks or cases$80B world market
    Textiles, Apparel & LeatherOPENS 0.16 · COMPLEXITY -0.13
    Other footwear of rubber or plastics$42B world market
    Textiles, Apparel & LeatherOPENS 0.14 · COMPLEXITY -0.64
    Leather footwear$53B world market
    Textiles, Apparel & LeatherOPENS 0.13 · COMPLEXITY -0.19
    Parts of footwear$9B world market
    Textiles, Apparel & LeatherOPENS 0.12 · COMPLEXITY -0.23
    Other furnishing articles$5B world market
    Textiles, Apparel & LeatherOPENS 0.10 · COMPLEXITY -0.49
    Insulated electrical wire$155B world market
    Machinery & Industrial EquipmentOPENS 0.10 · COMPLEXITY -0.26
    THE NEAREST OPTIONS AMONG 399 PRODUCTS ASSESSED · RANKED BY HOW MUCH EACH OPENS UP NEXT
    LIVE SIGNALS
    Why You Should Get the Capital One Venture Card Right Now - Upgraded Points
    Google News · Sri Lanka · Startups & Innovation · Oct 4 · Startup Ecosystem
    Serena Williams and Alexis Ohanian’s $111M venture journey with 685 Ulta stores and major bets across tec - The Times of India
    Google News · Sri Lanka · Startups & Innovation · Oct 4 · Startup Ecosystem
    Oneworld Alliance Award Sweet Spots and Transfers Partners - NerdWallet
    Google News · Sri Lanka · Startups & Innovation · Sep 29 · Startup Ecosystem
    PEERS · TIER 2
    🇬🇭Ghana42.1→🇷🇼Rwanda44.3→🇹🇳Tunisia44.6→🇨🇴Colombia44.9→
    ECOSYSTEM DENSITY
    IE Ecosystem Registry · 2026-07-17
    157organizations indexed across 9 types · 153 mapped
    Universities & research bodies
    52
    Research organizations
    29
    Health research
    28
    Government bodies
    20
    SEZ authorities
    13
    Corporate R&D
    8
    Fab labs & makerspaces
    3
    Accelerators
    2
    Innovation hubs
    2
    Universities, corporate R&D, government bodies, incubators, accelerators, science parks, and special economic zones, indexed today.Explore the directory →
    ORGANIZATIONS
    a sample of 157 indexed
    John Keells X
    Accelerators · Colombo
    Mirigama Export Processing Zone
    SEZ authorities · Colombo · 1998
    Biyagama Export Processing Zone
    SEZ authorities · Colombo · 1985
    Rajarata University of Sri Lanka
    Universities & research bodies · Anuradhapura · 1995
    Veterinary Research Institute
    Universities & research bodies · Kandy · 1911
    WSO2 (Sri Lanka)
    Corporate R&D · Colombo · 2005
    Genetech (Sri Lanka)
    Corporate R&D · Colombo · 2002
    Government Medical Officers Association
    Research organizations · Colombo · 1926
    Cancer Care Association Sri Lanka
    Research organizations · Colombo · 2003
    Lady Ridgeway Hospital for Children
    Health research · Colombo · 1895
    Members get the full directory, filters, and exports.See all 157 organizations →

    Sri Lanka: common questions

    What is Sri Lanka's IEPA score?
    Sri Lanka scores 40.6 out of 100 on the IEPA, 2024 edition, which ranks it #91 of 117 economies.
    What is Sri Lanka's strongest zone?
    Prosperity Outcomes, at 52.5. The six zones are scored separately, so a market's strengths stay visible instead of being averaged away.
    What is holding Sri Lanka back?
    Its binding constraint is FDI Accelerator, at 22.1, the lowest of its six zones. The IEPA reports every zone separately so the constraint stays visible instead of being averaged into the composite.
    How does Sri Lanka compare with its peers?
    The closest scored peers are Ghana (42.1), Rwanda (44.3), Tunisia (44.6), Colombia (44.9).
    What is the IEPA?
    The Innovation Ecosystem Prosperity Assessment (IEPA) scores economies across six zones: innovation capacity, entrepreneurship capacity, resilience, alignment, the FDI accelerator, and prosperity outcomes. Every score carries a confidence band and traces to the evidence behind it.
    Run the full diagnostic →Talk to IE about Sri Lanka →