Myanmar migrant remittances become junta's top foreign currency earner

Myanmar's military government is increasingly reliant on money sent home by its citizens working overseas, with remittances now outpacing traditional revenue streams. The US$5.6 billion in transfers during 2025 represents a significant financial lifeline for a nation facing economic isolation and international sanctions.

Migrant workers, predominantly employed in neighbouring countries including Thailand, Malaysia and Singapore, have long been a crucial economic support system for their families. However, the scale of remittances now demonstrates their critical importance to the broader economy and state finances.

The reliance on migrant remittances reflects Myanmar's constrained economic circumstances following the military coup in 2021. With foreign investment dried up and international trade disrupted, the foreign currency flowing in through personal transfers has become indispensable for maintaining foreign exchange reserves.

Thousands of Myanmar nationals continue to seek employment abroad despite domestic challenges, driven by limited job opportunities and economic hardship at home. These workers often endure difficult conditions and low wages, yet their consistent transfers back to Myanmar remain vital for both their families' survival and the country's financial stability.