Sri Lanka received the second-highest amount of remittances ever in March 2025, with a value of US$693.3 million. This pushed the total remittances for the first quarter of 2025 to US$1,814.4 million, an 18.1% increase compared to the same period in 2024.
The only time Sri Lanka received a higher remittance amount was in December 2020, during the COVID-19 pandemic, when many Sri Lankan workers abroad returned home and sent large terminal benefits.
Remittances play a crucial role in Sri Lanka’s economy, providing a vital source of foreign exchange.
