Sri Lanka’s Foreign Worker Remittances Climb in 2024

November 09, 2024

Foreign worker remittances to Sri Lanka rose to USD 587.7 million in October 2024, a 13.6% increase from the USD 517.4 million recorded in October 2023. From January to October 2024, total remittances reached USD 5,431.5 million, reflecting an 11.7% growth compared to USD 4,862.5 million during the same period in 2023.

Notably, remittances have surpassed 2023 figures each month this year, accoridng to the Central bank of Sri Lanka (CBSL).