Remittances in Sri Lanka increased to 431.80 USD Million in May from 375 USD Million in April of 2020.

Remittances in Sri Lanka averaged 507.49 USD Million from 2009 until 2020, reaching an all time high of 729.35 USD Million in January of 2018 and a record low of 241.34 USD Million in February of 2009. This page provides the latest reported value for - Sri Lanka Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Remittances - values, historical data and charts - was last updated on October of 2020. source: Central Bank of Sri Lanka

Remittances in Sri Lanka is expected to be 400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Sri Lanka to stand at 750.00 in 12 months time. In the long-term, the Sri Lanka Remittances is projected to trend around 750.00 USD Million in 2021, according to our econometric models.

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Sri Lanka Remittances

Actual Previous Highest Lowest Dates Unit Frequency
431.80 375.00 729.35 241.34 2009 - 2020 USD Million Monthly

Sri Lanka Trade Last Previous Highest Lowest Unit
Balance of Trade -342.10 -208.70 -50.10 -1100.70 USD Million [+]
Current Account -548.36 -221.00 450.00 -1695.29 USD Million [+]
Current Account to GDP -2.20 -3.20 -0.40 -19.30 percent [+]
Imports 1289.10 1294.00 2048.00 408.00 USD Million [+]
Exports 947.00 1085.00 1137.00 282.00 USD Million [+]
External Debt 50814.10 50448.47 55915.96 37098.10 USD Million [+]
Terms of Trade 106.42 106.03 161.24 74.50 points [+]
Tourist Arrivals 0.00 0.00 253169.00 0.00 [+]
Gold Reserves 6.70 6.70 23.10 3.63 Tonnes [+]
Remittances 431.80 375.00 729.35 241.34 USD Million [+]
Terrorism Index 3.57 4.05 7.13 2.91 [+]
Tourism Revenues 135.00 391.00 475.20 19.30 USD Million [+]
Foreign Direct Investment 153.00 235.00 961.00 20.00 USD Million [+]


Sri Lanka Remittances
In Sri Lanka, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).