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Credit Administrator salary in Sri Lanka

Average Yearly Salary of Credit Administrator in Sri Lanka is approximately 2,303,225 LKR (6,646 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Credit Administrator do?

occupation personasA credit administrator is responsible for managing and overseeing the credit and lending activities of an organization. They play a crucial role in evaluating and analyzing credit applications, assessing the creditworthiness of customers, and determining appropriate credit limits. Additionally, credit administrators monitor and review credit accounts to ensure compliance with company policies and procedures, as well as industry regulations. They also handle collections and manage delinquent accounts, working closely with customers to develop repayment plans and resolve any issues. Strong analytical skills, attention to detail, and knowledge of financial principles are essential for this role. Effective communication and negotiation skills are also important for building relationships with customers and collaborating with internal teams. Overall, credit administrators play a vital role in maintaining the financial health of an organization by managing credit risks and ensuring timely payments.

Skills: credit management, financial analysis, risk assessment, creditworthiness evaluation, collections management, customer relationship management
Job industry: Finance


How much does Credit Administrator make?

Salary details
How much does Credit Administrator make?
Estimated Yearly Salary: 2,303,225 LKR
Estimated Monthly Salary: 191,935 LKR
Estimated Weekly Salary: 44,293 LKR per week
Estimated Hourly Salary: 1,107 LKR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 2,228,087 LKR
Estimated Monthly Salary: 185,674 LKR
Estimated Weekly Salary: 42,848 LKR per week
Estimated Hourly Salary: 1,071 LKR per hour
Last revision of data: 2024-01-08



Credit Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 6,646 USD
Estimated Monthly Salary: 554 USD
Estimated Weekly Salary: 128 USD per week
Estimated Hourly Salary: 3 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Sri Lanka, officially known as the Democratic Socialist Republic of Sri Lanka, is an island country located in South Asia. It has a population of approximately 21 million people and covers an area of around 65,610 square kilometers. The country is known for its diverse landscapes, including sandy beaches, lush forests, and scenic mountains.

Estimated national average yearly salary is 1,785,046 LKR (5,610 USD). Value indicated is pre-tax. Below graph shows estimated Credit Administrator job salary compared to average salary in Sri Lanka.
Comparison shows that a person working as Credit Administrator in Sri Lanka earns on average:
1.29 times the average salary (or 129% of average salary).

Is Credit Administrator a well paid job?

Yes, our data shows that Credit Administrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Credit Administrator?

High salary for Credit Administrator would be somewhere between 2,533,548 LKR and 3,339,676 LKR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Credit Administrator in Sri Lanka?

Living in Sri Lanka the approximate monthly expenses are: 224 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 2,303,225 LKR
Estimated Monthly Salary: 191,935 LKR
Estimated Weekly Salary: 44,293 LKR per week
Estimated Hourly Salary: 1,107 LKR per hour
By working as Credit Administrator a person can save up to 329 USD per month or 3,953 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Sri Lanka, see costs of living in Sri Lanka.

Salary comparison to region and neighbouring coutries

Country's neighbours are: India, Maldives.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Credit Administrator

India is 26,424 USDup arrow 298%
Details on Credit Administrator salary in India
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Sri Lanka

(20,273,886 LKR per year, pre-tax.)
(16,965,724 LKR per year, pre-tax.)
(16,365,126 LKR per year, pre-tax.)
(15,798,117 LKR per year, pre-tax.)
(15,785,379 LKR per year, pre-tax.)
(15,470,862 LKR per year, pre-tax.)
(15,460,527 LKR per year, pre-tax.)
(15,421,430 LKR per year, pre-tax.)
(15,391,640 LKR per year, pre-tax.)
(15,389,631 LKR per year, pre-tax.)

Data as of 2025

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