Remittance inflows into Bangladesh have continued their steady upward trajectory in the 2025–26 fiscal year, reflecting improved financial channels, stronger compliance with formal banking systems, and sustained participation from the global Bangladeshi diaspora.
According to the latest update from Bangladesh Bank, the country received a total of US$3,093.8 million in remittances between July and 12 May of the current fiscal year. This represents a 20.5 per cent increase compared with US$2,567.1 million recorded during the same period of the previous fiscal year, signalling a robust expansion in foreign currency inflows.
The momentum has remained particularly strong in recent months. On 12 May alone, expatriate Bangladeshis sent US$163 million, underscoring a healthy daily inflow trend. During the first 12 days of May, total remittances reached US$1,605 million, a substantial rise from US$1,134 million in the corresponding period of the previous year. This marks a striking 41.6 per cent year-on-year growth for the early part of the month.
Economists attribute this upward trend to several reinforcing factors. Stability in key overseas labour markets—particularly in the Middle East—has supported consistent employment opportunities for Bangladeshi workers. At the same time, the government’s incentives for remittance transfers through formal banking channels have encouraged expatriates to avoid informal systems. The rapid expansion of mobile financial services and digital banking infrastructure has also made it significantly easier and faster to send money home.
Bangladesh Bank officials note that the improved transparency and efficiency of the financial system have played a critical role in sustaining this growth. Enhanced monitoring mechanisms and competitive exchange rates offered by formal channels have further strengthened confidence among migrant workers.
Recent Remittance Inflows Overview
| Period | Remittance Inflow (US$ million) | Previous Year (US$ million) | Growth |
|---|---|---|---|
| July–12 May 2025–26 | 3,093.8 | 2,567.1 | 20.5% |
| 1–12 May | 1,605.0 | 1,134.0 | 41.6% |
| 12 May (single day) | 163.0 | — | — |
The sustained rise in remittance inflows is widely viewed as a positive indicator for Bangladesh’s macroeconomic stability. Economists argue that stronger remittance earnings are helping to bolster foreign exchange reserves, ease pressure on the balance of payments, and support import financing needs.
Analysts further suggest that if the current trajectory continues, it could contribute significantly to stabilising the foreign exchange market and reducing external financial vulnerabilities. Overall, the persistent growth in remittance inflows offers a reassuring outlook for the country’s broader economic resilience in the coming months.