Remittance Inflows Hit Record $30.36 Billion

Bangladesh has surpassed the previous fiscal year’s total remittance earnings with nearly two months still remaining in the current financial year. Driven by a steady upward trend, expatriate inflows reached $30.36 billion between July 1, 2025 and May 9, 2026.

According to Bangladesh Bank data released Sunday, this figure already exceeds the $30.33 billion collected throughout the entire 2024–25 fiscal year.

Consistent Growth Beyond Festivals

While remittance typically dips after major religious festivals, this year’s data defies the historical trend. Despite the passing of Eid-ul-Fitr in March, inflows remained robust:

March: Recorded a historic single-month peak of $3.76 billion.

April: Saw $3.13 billion in transfers, a 13.62% increase over April last year.

May (First 9 days): Expatriates have already sent $1.03 billion.

Daily Averages and Projections

At the current exchange rate of Tk 123 per dollar, daily inflows are averaging approximately $114.3 million (Tk 14.06 billion). If this momentum holds accordingly central bank officials estimate May’s total could reach $3.54 billion.

With Eid-ul-Azha approaching, officials expect a further surge in household transfers. If the current pace continues, total annual inflows are projected to cross the $35 billion mark by June 30.

Remittance remains Bangladesh’s most resilient macroeconomic indicator, providing critical stability to the economy amid global financial pressures.