April sees slight dip compared to March, but overall trend remains strong
Sri Lanka has seen a significant boost in worker remittances in the first four months of 2025, with inflows rising by 18.3% compared to the same period in 2024, according to the latest data released by the Central Bank of Sri Lanka (CBSL).
From January to April, total remittances amounted to $2,460.5 million, marking a notable year-on-year increase and underscoring the continued importance of foreign employment earnings to the national economy.
However, the month of April saw a slight decline in inflows, with workers’ remittances totaling $646.1 million, down from $693.3 million recorded in March. Despite this monthly drop, the cumulative growth trajectory remains positive.
The rise in remittances continues to play a critical role in supporting foreign exchange reserves, stabilizing the rupee, and contributing to household incomes across the country, especially in regions heavily dependent on overseas employment.