Sri Lanka’s official remittances rose 21.2 percent to 712 million dollars in October 2025, while the total in the first 10 months reached 6.52 billion dollars rising 20.1 percent from a year ago, central bank data showed, with more people leaving to work abroad.
The island nation is likely to surpass the 2017 record high remittances of USD 7.16 billion this year with more inflows from Sri Lankan expatriates expected in the last two months of the year.
The worker remittances hit a six-year high in 2024 after a record number from the island nation’s labour force left the country searching for foreign jobs amid Sri Lanka’s recovery from an unprecedented 2022 economic crisis, official data showed.
In 2024 full year remittances rose 10.1 percent to 6.57 billion dollars, from nearly 6 billion in the previous year.