📈 Sri Lanka's Remittances Surge Past $7 Billion YTD in 2025!
• Workers’ remittances for the first 11 months of 2025 crossed US$ 7.1 billion, marking a significant 20.7% YoY increase. This is the strongest January-November performance since 2016. • November 2025 inflows reached US$ 673.4 million, a robust 27% YoY increase and continuing a series of strong monthly performances this year. • The current YTD total is 9.7% higher than the US$ 6.5 billion recorded in the same period of 2016, a benchmark year for remittances. • This strong recovery follows a 57% surge to US$ 5.96 billion in 2023 from a 12-year low in 2022, further increasing by 10.1% to US$ 6.57 billion in 2024. • Workers' remittances remain Sri Lanka's single largest source of foreign exchange, crucial for external finances and balance of payments stability.