Remittance outflows from Nepal increased by 12 percent during the first 10 months of the current fiscal year, reflecting the growing number of foreign nationals employed in the country.
According to the Nepal Rastra Bank (NRB), foreign workers in Nepal transferred Rs 9.75 billion abroad through formal banking channels between mid-July 2025 and mid-May 2026. During the same period of the previous fiscal year, remittance outflows stood at Rs 8.71 billion.
The figures represent only remittances sent through formal financial institutions and do not include transfers made through informal channels.
Nepal hosts a growing number of foreign professionals from countries including China, India, Japan, South Korea, the United Kingdom, and the United States, who are employed across various sectors of the economy.
The number of foreign technical experts has also increased in recent years, particularly in large-scale infrastructure projects such as hydropower development, where international engineering and construction firms have expanded their presence.
Foreign professionals are also employed in joint-venture financial institutions and multinational companies operating in Nepal, including Standard Chartered Bank Nepal, Nepal SBI Bank, LIC Nepal, National Insurance, Oriental Insurance, and Himalayan Reinsurance. In addition, international non-governmental organizations (NGOs) and diplomatic missions continue to employ a significant number of expatriate staff.
NRB data indicate that both remittance inflows and outflows have been rising steadily in recent years alongside increased labor mobility. While outward remittances reached Rs 9.75 billion during the review period, Nepal received Rs 1.916 trillion in remittance inflows over the same period, underscoring the country’s continued reliance on earnings from its large overseas workforce.
Although remittance outflows remain relatively small compared to inflows, their gradual increase reflects Nepal’s expanding engagement with foreign investment, multinational businesses, and internationally funded infrastructure projects that employ foreign expertise.
