header logo
Asia asset finance
Mogo Academy
Latest
Sri Lanka generated USD 11B from tourism and remittances in 2025 – FM
Jan 05, 202601:10 PM
Sri Lanka generated USD 11B from tourism and remittances in 2025 – FM
Mobitel Inner

The Minister of Foreign Affairs, Foreign Employment, and Tourism, Vijitha Herath, announced that 2025 has become the year with the highest foreign remittance inflows to Sri Lanka since 2016.

 

Speaking at a press conference this morning (05), the Minister revealed that the country earned about USD 7.8 billion in foreign remittances over the past year.

 

Minister Herath also highlighted a historic milestone in the tourism sector, with 2,362,000 tourist arrivals and total revenue of USD 3.2 billion generated in 2025.

 

Addressing the media, the Minister stated:

 

“Due to the targeted promotional programs and collective efforts implemented last year, we succeeded in making 2025 the year with the highest number of tourist arrivals in our history. With 2,362,000 tourists, we have achieved significant growth compared to global tourism trends. This influx resulted in an income of USD 3.2 billion.”

 

The Minister further detailed the performance of foreign remittances:

 

“Last year marked the highest foreign remittance collection for Sri Lanka. By November, the income stood at USD 7.19 billion. With an average monthly inflow of USD 650 million to USD 700 million, and although the Central Bank has yet to release the official final report for December, we estimate a total of around USD 7.8 billion. This surpasses the previous peak of USD 7.4 billion recorded in 2016.”

 

Minister Herath pointed out that combined earnings from foreign employment and tourism alone contributed around USD 11 billion to the national economy through his ministry.

 

“By combining USD 7.8 billion from remittances and USD 3.2 billion from the tourism industry, our ministry has generated nearly USD 11 billion from these two sectors alone,” he added.

 

During the briefing, the Minister also addressed recovery efforts following the impact of Cyclone ‘Ditwah’. 

 

He stated that around LKR 85 billion has been received so far in the form of donations. These contributions have been provided by foreign nations, the Sri Lankan diaspora, and various other international parties to support relief and reconstruction activities.

 

 

 

MostRead
Mobitel Upahara
VideoStories
President’s recent speech made no reference to actual concerns – MP Dilith

President’s recent speech made no reference to actual concerns – MP Dilith

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chikungunya cases surface in addition to dengue outbreak; Public urged to destroy breeding sites

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

Lassana Flora