Average Marketing and Business Development Manager Salary in Sri Lanka for 2026

In this article, we will look at the average Marketing and Business Development Manager salary for 2026 in Sri Lanka and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Sri Lankan rupee. To keep things simple, we are using the LKR currency code instead of the currency symbol Rs රු.

How Much Does a Marketing and Business Development Manager Make in Sri Lanka?

A Marketing and Business Development Manager working in Sri Lanka will typically earn around 1,728,900 LKR per year, and this can range from the lowest average salary of about 899,900 LKR to the highest average salary of 2,653,700 LKR.

Average Annual Salary1,728,900 LKR
Average Monthly Salary144,075 LKR
Average Lowest Salary899,900 LKR
Lowest Monthly Salary74,991 LKR
Average Highest Salary2,653,700 LKR
Highest Monthly Salary221,141 LKR

These are average salaries for a Marketing and Business Development Manager in Sri Lanka and include benefits such as housing and transport. It's also possible for a Marketing and Business Development Manager to earn more or less than the average salaries shown above.

Marketing and Business Development Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Marketing and Business Development Manager Salaries in Sri Lanka

So we've looked at the average salaries a Marketing and Business Development Manager will earn in Sri Lanka. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Marketing and Business Development Manager can earn between 899,900 LKR and 2,653,700 LKR on average in Sri Lanka. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Marketing and Business Development Manager in Sri Lanka is 1,655,500 LKR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 1,655,500 LKR, and 50% of the population earn more than 1,655,500 LKR.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Marketing and Business Development Manager salary in Sri Lanka, 25% of the population are earning less than 1,152,700 LKR while 75% of the population earn more than 1,152,700 LKR.

75% of the population earn less than 2,065,400 LKR, and 25% of the population earn more than 2,065,400 LKR.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Marketing and Business Development Manager Salary by Experience Level in Sri Lanka

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Marketing and Business Development Manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Marketing and Business Development Manager in Sri Lanka that has less than two years of experience can expect to earn somewhere in the region of 1,023,000 LKR.
  • 2 - 5 Years Experience. With two to five years of experience the average Marketing and Business Development Manager salary would increase to 1,369,700 LKR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Marketing and Business Development Manager, the average salary would be 1,788,300 LKR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 2,161,200 LKR.
  • 15 - 20 Years Experience. A Marketing and Business Development Manager with 15 to 20 years of experience can earn an average of 2,362,300 LKR.
  • 20+ Years Experience. For a Marketing and Business Development Manager with more than 20 years, the expected average salary increases to 2,485,800 LKR.

Average Salary by Experience Chart

0-2 Years-
1,023,000 LKR
2-5 Years+34%
1,369,700 LKR
5-10 Years+30%
1,788,300 LKR
10-15 Years+21%
2,161,200 LKR
15-20 Years+9%
2,362,300 LKR
20+ Years+5%
2,485,800 LKR

Marketing and Business Development Manager Salary by Education Level in Sri Lanka

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Marketing and Business Development Manager in Sri Lanka based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Marketing and Business Development Manager in Sri Lanka with a high school education can earn an average salary of 1,235,600 LKR.
  • Certificate or Diploma. A Marketing and Business Development Manager in Sri Lanka with a certificate or diploma education can earn an average salary of 1,405,700 LKR.
  • Bachelor's Degree. A Marketing and Business Development Manager in Sri Lanka with a bachelor's degree education can earn an average salary of 1,980,600 LKR.
  • Master's Degree. A Marketing and Business Development Manager in Sri Lanka with a master's degree education can earn an average salary of 2,401,300 LKR.

Average Salary by Education Chart

High School-
1,235,600 LKR
Certificate or Diploma+14%
1,405,700 LKR
Bachelor's Degree+41%
1,980,600 LKR
Master's Degree+21%
2,401,300 LKR

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Sri Lanka is around 449,000 to 1,350,000 LKR and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Marketing and Business Development Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Sri Lanka, a male marketing and business development manager will earn an average of 1,835,700 LKR, while a female marketing and business development manager will earn around 1,668,900 LKR.

This means that a male marketing and business development manager earns approximately 10% more than a female marketing and business development manager for performing the same job.

Average Salary by Gender Chart in Sri Lanka

Male-
1,835,700 LKR
Female-10%
1,668,900 LKR

Marketing and Business Development Manager Average Pay Raise in Sri Lanka

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Marketing and Business Development Manager in Sri Lanka is around 15% every 17 months.

The national average pay raise across all professions and industries in Sri Lanka is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 15 ÷ 17 ) × 12  = 11%

What this means is that a Marketing and Business Development Manager in Sri Lanka can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Sri Lanka for 2026

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Sri Lanka.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
6%
Energy-
3%
Information Technology-
9%
Healthcare-
6%
Travel-
3%
Construction-
9%
Education-
6%

Marketing and Business Development Manager Bonus and Incentive Rates in Sri Lanka

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Marketing and Business Development Manager is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus-
78%
No Bonus-
22%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Sri Lanka earn approximately 8% more than private sector employees in the same role.

Public Sector-
1,109,200 LKR
Private Sector-8%
1,031,200 LKR

Salaries for Jobs Similar to a Marketing and Business Development Manager

In the table below, we have salary information for jobs that are similar to a Marketing and Business Development Manager in Sri Lanka.

Job TitleCategorySalary
Assistant Business Development ManagerBusiness Planning1,476,700 LKR
Assistant Merchandise PlannerBusiness Planning844,100 LKR
Business AdvisorBusiness Planning1,369,700 LKR
Business AnalystBusiness Planning1,357,900 LKR
Business ConsultantBusiness Planning1,333,900 LKR
Business Continuity AssociateBusiness Planning810,500 LKR
Business DeveloperBusiness Planning927,000 LKR
Business Development AnalystBusiness Planning962,300 LKR
Business Development AssociateBusiness Planning717,900 LKR
Business Development CoordinatorBusiness Planning778,500 LKR
Business Development DirectorBusiness Planning1,870,400 LKR
Business Development EngineerBusiness Planning1,048,100 LKR
Business Development ExecutiveBusiness Planning1,380,400 LKR
Business Development ManagerBusiness Planning1,846,200 LKR
Business Development SpecialistBusiness Planning1,259,300 LKR
Business ManagerBusiness Planning1,583,700 LKR
Business Operations SpecialistBusiness Planning1,296,900 LKR
Business Process WriterBusiness Planning774,200 LKR
Business Systems AnalystBusiness Planning1,345,400 LKR
Capacity PlannerBusiness Planning962,300 LKR
Capacity Planning SupervisorBusiness Planning1,283,600 LKR
Change Communications AnalystBusiness Planning1,306,100 LKR
Change Control AnalystBusiness Planning1,345,400 LKR
Change Impact AnalystBusiness Planning1,357,900 LKR
Contracts ExecutiveBusiness Planning1,320,500 LKR
Corporate Strategy AnalystBusiness Planning1,428,800 LKR
Cost Control EngineerBusiness Planning866,900 LKR
Cost ControllerBusiness Planning986,700 LKR
Cost EstimatorBusiness Planning934,900 LKR
Data ExecutiveBusiness Planning748,600 LKR
Data ManagerBusiness Planning1,038,700 LKR
Data Processing ManagerBusiness Planning1,189,900 LKR
Development ResearcherBusiness Planning1,019,200 LKR
Director of Business DevelopmentBusiness Planning1,870,400 LKR
Director of Production PlanningBusiness Planning1,606,100 LKR
Due Diligence AnalystBusiness Planning1,500,800 LKR
Estimating ManagerBusiness Planning1,487,200 LKR
General ManagerBusiness Planning1,621,400 LKR
Incident HandlerBusiness Planning934,900 LKR
Incident SpecialistBusiness Planning1,153,300 LKR
Lean ConsultantBusiness Planning1,043,700 LKR
ManagerBusiness Planning1,825,000 LKR
Materials PlannerBusiness Planning603,400 LKR
Merchandise AssistantBusiness Planning592,600 LKR
Merchandise ControllerBusiness Planning595,300 LKR
Merchandise PlannerBusiness Planning605,700 LKR
Operations AnalystBusiness Planning1,249,900 LKR
Operations ManagerBusiness Planning1,510,400 LKR
Operations Research AnalystBusiness Planning840,100 LKR
Planning DirectorBusiness Planning1,811,000 LKR
Planning and Reporting ManagerBusiness Planning1,440,700 LKR
Project AdministratorBusiness Planning861,300 LKR
Project ManagerBusiness Planning1,440,700 LKR
Project PlannerBusiness Planning887,100 LKR
Research AssistantBusiness Planning768,900 LKR
Research EngineerBusiness Planning899,900 LKR
Research OfficerBusiness Planning680,100 LKR
Risk Management SpecialistBusiness Planning1,283,600 LKR
Scholarship CoordinatorBusiness Planning717,900 LKR
Store PlannerBusiness Planning641,900 LKR
Strategy DirectorBusiness Planning1,930,500 LKR
Top Research and Development ExecutiveBusiness Planning2,086,500 LKR

Salary Comparison by City

If you want to compare salaries with different cities in Sri Lanka, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Colombo1,921,500 LKR

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