The positive remittance balance reached $830.5 million in January-September. The measure captures the excess of inward over outward transfers and supports the country’s external balance.
Growth in net remittance inflows
According to preliminary CBA figures, the positive remittance balance for January-September rose 70% from the same period a year earlier. The measure is inward transfers less outward transfers.
The $830.5 million balance and rounded growth rate imply a prior-year surplus of about $488.5 million, a difference of roughly $342 million. FinFly calculated these two values from the release, so their precision is limited by rounding in the reported growth rate.
Coverage and available breakdowns
The balance can rise because inflows increase, outflows fall, or both happen together. The release does not provide the two gross amounts. The 70% increase applies to the net balance, not gross inflows.
The document also does not identify origin countries, recipient numbers or the purpose of the transfers. It cannot support attributing the whole increase to one country, migrant group or economic event. Such an explanation would require a more detailed breakdown.
| Measure | Value | Status |
|---|---|---|
| Nine-month 2026 balance | $830.5m | Preliminary CBA data |
| Annual growth in net balance | 70% | CBA figure |
| Nine-month 2025 balance | About $488.5m | Derived from rounded growth |
| Increase | About $342m | FinFly calculation |
Contribution to the external balance
A positive remittance balance supports the external position. Where recipients spend the funds locally, part of the flow can support consumption; saving the money produces a different immediate effect. The release does not show how the receipts were used.
For the currency market, remittances are one flow alongside export receipts and other transactions. They should not simply be added to a current-account forecast without checking coverage, because relevant transactions may already be included in the balance of payments. The nine-month figures confirm a substantial increase in the positive net remittance balance.
