Nepal Receives Nearly 700 Billion Nepalese Rupees in Remittance in Just Four Months: NRB Reports

16th December 2025, Kathmandu

Nepal has officially recorded a highly significant surge in remittance inflows during the initial four months of the current fiscal year, underscoring the enduring and critical importance of foreign employment to the nation’s overall economic stability. According to the recently published data by Nepal Rastra Bank (NRB), the country’s central bank, a staggering amount of nearly 700 billion Nepalese Rupees (NPR) in remittance entered the country during the first four months of the Fiscal Year 2025/26 (2082/83 BS).

700 Billion in Remittance

The data, formally released on Monday, 15th December 2025 (29 Mangsir 2082 BS), clearly indicates a strong and sustained upward trend in remittance inflows when compared to the corresponding period of the previous fiscal year. This robust growth in foreign income has provided crucial support to several key macroeconomic indicators for Nepal, including the stability of the balance of payments, the strengthening of foreign exchange reserves, and the maintenance of overall economic stability across the country.

Remittance Inflow Rises by Over 31 Percent

The growth metrics provided by Nepal Rastra Bank confirm a substantial acceleration in the flow of remittances.

Substantial Growth Rate: As per the official figures from Nepal Rastra Bank, remittance inflows experienced a sharp increase of 31.4 percent during the review period. The total remittance amount reached 687.13 billion Nepalese Rupees by the end of mid-November (Kartik). This figure represents a very substantial year-on-year growth rate and strongly reflects the steady and dependable flow of income that is being sent home by the large population of Nepali workers employed in various locations across the globe.

Monthly Inflow Strength: Even when viewed on a shorter time horizon, the inflow remains strong. In the month of Kartik alone, Nepal received remittances valued at 133.82 billion Nepalese Rupees, clearly indicating a powerful and consistent monthly financial injection into the economy. This persistent growth is a testament to the resilience of remittance earnings, which have continued their upward trajectory despite numerous global economic uncertainties and the various challenges faced by migrant workers in their destination countries.

The central bank also reported a highly notable rise in net secondary income (which is also known as net transfers) during the same four-month review period. According to the NRB’s financial figures, the total net secondary income reached 754.93 billion Nepalese Rupees in the first four months of the fiscal year. This important economic category primarily includes remittance inflows along with other current financial transfers, further emphasizing the critical and irreplaceable role that remittances play in supporting household consumption expenditure and contributing significantly to the national income.

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Foreign Employment Trends Remain Strong and Sustained

Nepal Rastra Bank’s published data also offers valuable and contemporary insight into the ongoing trends in foreign employment during the first four months of the current fiscal year, which directly correlates with the strong remittance growth.

New Labor Approvals: The figures show that a significant total of 145,973 Nepali workers successfully obtained final labor approval for new foreign employment during this specific period. This substantial number includes both institutional and individual new labor permits, reflecting a continued robust demand for Nepali labor in international markets across multiple sectors.

Renewed Employment: In addition to the large number of new approvals, a significant population of migrant workers also renewed their foreign employment status. The total number of Nepalis who obtained re-entry labor approval during the same period stood at 127,837. This indicates that a large number of experienced workers are consistently continuing their overseas employment and are therefore contributing to a sustained and reliable flow of future remittance inflows.

Importance and Policy Implications for the Economy

Remittance income remains unequivocally one of the most vital and foundational pillars of Nepal’s entire economy. It plays a key and multidimensional role in maintaining robust foreign exchange reserves, actively stabilizing the balance of payments, directly supporting household incomes across the country, and acting as a primary driver of consumption expenditure.

The strong remittance growth rate recorded in the first four months of the current Fiscal Year 2025/26 offers essential relief and a buffer amid ongoing domestic economic challenges, which include issues such as sluggish investment levels and the limited creation of new, sustainable jobs within Nepal. Higher remittance inflows also contribute significantly and positively to the banking and financial sector by providing a critical boost to both deposits and liquidity levels. Commercial banks and development banks, including institutions such as Siddhartha Bank, indirectly benefit through the resultant increase in savings accounts, the expansion of remittance-linked financial products, and an overall enhancement in national financial activity.

The continued and robust rise in remittance inflows strongly suggests that foreign employment will regrettably remain a critical economic lifeline for Nepal in the immediate near term. However, this same data also highlights Nepal’s continued and deep reliance on external labor markets. Policymakers and financial institutions must, therefore, focus strongly on developing strategies for efficiently channeling this massive flow of remittance income into productive economic sectors. These key sectors include agriculture, the establishment and growth of small and medium enterprises, and national infrastructure development, which are essential steps to ensure long-term and sustainable economic development for the country. Nepal Rastra Bank’s timely and transparent publication of remittance and labor approval data provides invaluable insights that are necessary for effective national economic planning, precise monetary policy formulation, and efficient labor migration management.

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