Bangladesh’s remittance inflows have continued their upward trajectory, reflecting sustained confidence among overseas workers and improved formal transfer channels. The latest figures from the central bank indicate robust year-on-year growth during the current fiscal period, supported by policy incentives and enhanced banking facilities.
According to official data, total remittances reached approximately $30.94 billion during the period from July 2025 to 12 May 2026 of the current 2025–26 fiscal year. This represents a 20.5 per cent increase compared with the corresponding period of the previous fiscal year.
On a day-to-day basis, remittance inflows also showed healthy performance. On 12 May alone, expatriate Bangladeshis sent home around $163 million, underscoring steady inflows through formal banking channels.
Meanwhile, the first 12 days of May 2026 recorded a total remittance inflow of approximately $1.605 billion, significantly higher than the $1.134 billion received during the same period in the previous year. This marks a strong 41.6 per cent year-on-year growth for the month so far.
Comparative Remittance Performance
| Period | Remittance Inflow (USD) | Year-on-Year Comparison |
|---|---|---|
| July 2025 – 12 May 2026 | $30.94 billion | +20.5% |
| July 2024 – 12 May 2025 | $25.67 billion | Baseline |
| 1–12 May 2026 | $1.605 billion | +41.6% |
| 1–12 May 2025 | $1.134 billion | Baseline |
| 12 May 2026 (single day) | $163 million | — |
Factors Driving Growth
Economists and financial analysts attribute this sustained rise in remittance inflows to several structural and policy-driven factors. Incentives offered for sending money through official banking channels have encouraged expatriates to avoid informal transfer systems. In addition, improvements in digital banking infrastructure, mobile financial services, and faster settlement mechanisms have made remittance transfers more accessible and efficient.
Another contributing factor is the increased participation of overseas Bangladeshis in formal financial networks, particularly in the Middle East, Europe, and North America, where employment opportunities have stabilised following global economic recovery trends.
Experts further suggest that exchange rate stability and regulatory tightening against informal money transfer channels have also played a role in channelising more funds through official routes.
Overall, the continued growth in remittance inflows remains a vital support pillar for Bangladesh’s foreign exchange reserves, external payment stability, and household consumption patterns across the country.
