FY-2025: Overseas Remittances Hit $38.3 Billion, Up 26.6% Year-on-Year

The workers’ remittances increased by 26.6 percent during the fiscal year 2025 as compared to the corresponding period of last year.

The remittances reached to US$ 38.3 billion during July-June 2024-25 as against the remittances of US$ 30.3 billion received during July-June 2023-24.

Similarly, on a year-on-year basis, the worker’s remittance went up by 7.9 per cent in June 2025 to $3.406 billion from $ 3.158 billion during the same month last year.

Remittances inflows during June 2025 were mainly sourced from Saudi Arabia ($823.2 million), United Arab Emirates ($717.2 million), United Kingdom ($537.6 million) and United States of America ($281.2 million).