In March 2025, workers’ remittances inflow, at US$ 4.1 billion, crossed US$ 4 billion mark for the first time.
• In terms of growth, remittances increased by 37.3 percent and 29.8 percent on y/y and m/m basis respectively.
• Cumulatively, with an inflow of US$ 28.0 billion, workers’ remittances increased by 33.2 percent during Jul-Mar FY25 compared to US$ 21.0 billion received during Jul-Mar FY24.
• Remittances inflows during March 2025 were mainly sourced from Saudi Arabia ($987.3 million), United Arab Emirates ($842.1 million), United Kingdom ($683.9 million) and United States of America ($419.5 million).