Top Industries in Wennappuwa
Wennappuwa is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Wennappuwa include:
Agriculture
Agriculture remains a cornerstone of Wennappuwa's economy, with a focus on coconut and paddy cultivation.
Range: $5-$15k
Growth rate: 5%
Fishing
Fishing is a vital industry in Wennappuwa, supporting local livelihoods and contributing to the food supply chain.
Range: $4-$12k
Growth rate: 3%
Manufacturing
Small-scale manufacturing, particularly in textiles and handicrafts, is growing in Wennappuwa.
Range: $6-$18k
Growth rate: 4%
Tourism
Tourism is an emerging sector in Wennappuwa, driven by its scenic beaches and cultural attractions.
Range: $7-$20k
Growth rate: 8%
Digital Services
The digital services sector is gaining momentum, with opportunities in IT support and online marketing.
Range: $10-$25k
Growth rate: 10%
Employment Trends and Growth Rates
Wennappuwa is witnessing a steady increase in employment opportunities, particularly in the tourism and digital services sectors.
The local job market is characterized by a moderate job growth rate, with agriculture and fishing remaining stable.
Income inequality is a concern, with the Gini index reflecting disparities in earnings across different sectors.
Job turnover rates are relatively low, indicating job stability in traditional industries like agriculture and fishing.
Job Market for Remote and Freelance Workers in Wennappuwa
Remote work is becoming more prevalent in Wennappuwa, especially in the digital services sector.
Local companies are increasingly offering remote positions, catering to the growing demand for flexible work arrangements.
The trend aligns with national patterns, where approximately 35% of workers are engaged in remote work.
Job Resources and Networking
Wennappuwa offers several local job boards and resources for job seekers, including career fairs and networking events.
Local platforms such as WennappuwaJobs.com provide listings for regional opportunities.
Entrepreneurial hubs and incubators are available for those interested in starting their own businesses, particularly in tech and digital services.
Property Prices Rankings
The Property Prices Rankings for Sri Lanka evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Jan, 2025