Bangladesh Sees $1.92 Billion Remittances in March

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 represents a substantial increase from the same period last year, when the country received $1.33 billion in remittances.

“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 beginning of the current financial year in July 2025, total remittances have reached $24.37 billion up to 11 March 2026, marking a 23.2% growth compared to the same period in the previous year. Analysts attribute this increase to seasonal factors, notably the surge in remittances sent by expatriates ahead of Eid, when many overseas Bangladeshis remit substantial amounts to their families.

However, banking officials caution that ongoing conflicts in the Middle East could affect remittance flows, given the significant number of Bangladeshi migrant workers in the region.

Monthly Remittance Trends

MonthRemittance Received (USD)Notes
July 20252.478 billionStart of FY 2025–26
August 20252.421 billionSlight seasonal increase
September 20252.686 billionStable inflow
October 20252.563 billionModest increase
November 20252.889 billionGrowing trend
December 20253.226 billionHighest monthly inflow FY 2025–26
January 20263.179 billionThird-highest monthly inflow in history
February 20263.027 billionSteady inflow
1–11 March 20261.920 billionEarly March trend

The highest monthly remittance inflow of the current fiscal year occurred in December 2025, at $3.226 billion, followed by January 2026 with $3.179 billion—ranking as the third-highest monthly inflow in Bangladesh’s history. February 2026 saw $3.027 billion, maintaining a strong upward trajectory.

Historical Context

In the previous fiscal year (2024–25), Bangladeshi expatriates sent a record $30.32 billion (৳3,328 billion) in remittances, the highest-ever inflow in a single financial year. Analysts emphasise that remittances remain a vital component of the national economy, bolstering foreign exchange reserves and supporting household consumption nationwide.

Experts note that while festive periods like Eid traditionally boost remittance inflows, geopolitical uncertainties, particularly conflicts in the Middle East, could pose risks to their stability. The government and Bangladesh Bank continue to monitor the situation closely to ensure secure and efficient remittance transfers for overseas workers.

The consistent growth in remittance inflows demonstrates the resilience of Bangladesh’s expatriate workforce and underscores the critical economic role of migrant earnings, which remain a cornerstone of both the country’s financial stability and social well-being.

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