Bangladesh has received $1.92 billion in remittances during the first eleven days of March 2026, averaging $174.5 million per day, according to Bangladesh Bank spokesperson Arif Hossain Khan. This marks a substantial increase compared to the same period last year, when $1.33 billion was remitted to the country.
“Remittance inflows during the first eleven days of March totalled $1.92 billion, reflecting a steady upward trend compared to the previous year,” Khan stated on Thursday (12 March).
Year-on-Year Growth
Since the start of the current financial year in July 2025, total remittances have reached $24.37 billion up to 11 March 2026, representing a 23.2% increase over the same period last year. Analysts attribute the surge to seasonal factors, particularly the Eid festival, when expatriates send significant amounts of money to their families in Bangladesh.
However, banking experts caution that ongoing conflicts in the Middle East may affect remittance flows, as a considerable proportion of Bangladeshi migrant workers are employed in the region.
Monthly Remittance Trends
| Month | Remittance Received (USD) | Notes |
|---|---|---|
| July 2025 | 2.478 billion | Start of FY 2025–26 |
| August 2025 | 2.421 billion | Slight seasonal increase |
| September 2025 | 2.686 billion | Stable inflow |
| October 2025 | 2.563 billion | Modest increase |
| November 2025 | 2.889 billion | Growing trend |
| December 2025 | 3.226 billion | Highest monthly inflow FY 2025–26 |
| January 2026 | 3.179 billion | Third-highest monthly inflow in history |
| February 2026 | 3.027 billion | Steady inflow |
| 1–11 March 2026 | 1.920 billion | Early March trend |
The peak monthly inflow of the current fiscal year occurred in December 2025 at $3.226 billion, followed by January 2026 at $3.179 billion, which stands as the third-highest monthly remittance in Bangladesh’s history. February maintained the strong momentum with $3.027 billion.
Historical Context
During the 2024–25 fiscal year, Bangladeshi expatriates sent a record $30.32 billion (৳3,328 billion) in remittances, marking the highest-ever inflow in a single year. Economists highlight that remittances are a vital pillar of the national economy, providing crucial support for foreign exchange reserves and household consumption across the country.
Experts emphasise that while festive periods like Eid boost remittance inflows, geopolitical tensions, especially in the Middle East, remain a potential risk. The government and Bangladesh Bank continue to monitor trends carefully to ensure safe and efficient transfers for overseas workers.
The steady rise in remittances demonstrates the resilience of Bangladesh’s expatriate workforce and underscores the critical economic importance of migrant earnings, which continue to form a cornerstone of the nation’s financial stability and social well-being.