Bangladesh Receives $1.92 Billion Remittances

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 significant 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

The current financial year, which began in July 2025, has seen a total of $24.37 billion in remittances up to 11 March 2026, representing a 23.2% increase compared to the same period in the previous year. Analysts attribute this surge to seasonal factors, particularly the increased money transfers by expatriates ahead of Eid, when many send substantial amounts to their families in Bangladesh.

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

Monthly Remittance Trends

The highest monthly remittance inflow of the current fiscal year was recorded in December 2025, at $3.226 billion, while January 2026 saw $3.179 billion, making it the third-highest monthly remittance in Bangladesh’s history. February 2026 followed with $3.027 billion.

Historical Context

In the previous fiscal year (2024–25), remittances reached an all-time record of $30.32 billion (৳3,328 billion), establishing Bangladesh’s highest-ever inflow of foreign earnings from expatriate workers. Analysts note that remittances remain a crucial component of the national economy, contributing significantly to foreign exchange reserves and supporting household consumption across the country.

Banking and financial sector experts emphasise that while seasonal festivities like Eid drive spikes in remittance inflows, global geopolitical uncertainties—particularly conflicts in the Middle East—pose a potential risk to the stability of these flows. The government and central bank continue to monitor trends closely to ensure a smooth remittance process for overseas Bangladeshi workers.

The steady increase in remittance inflows signals the resilience of Bangladesh’s expatriate workforce and highlights the growing economic contribution of migrant earnings, which remain a vital pillar of the country’s financial and social stability.