Remittance Inflow Rises by 32% in 30 Days of July

The inflow of remittances to Bangladesh has recorded a significant year-on-year growth of 32 percent in the first 30 days of July, reaching a total of US$2,368 million, according to the latest figures released by Bangladesh Bank today.

This marks a substantial increase from the US$1,794 million received during the same period last year.

Comparative Remittance Inflow (July)

Period Remittance Inflow (in US$ million) Year-on-Year Growth
July 2024 2,368 32% ↑
July 2023 1,794

 

Furthermore, the country has received a record-breaking amount of US$30.33 billion in remittances during the fiscal year 2024–25 (FY25) — the highest remittance inflow in Bangladesh’s history.

This record represents a 26.80% growth compared to the US$23.91 billion received in the previous fiscal year (FY24).

Annual Remittance Overview

Fiscal Year Remittance Inflow (in US$ billion) Growth Rate
FY2024–25 (FY25) 30.33 26.80% ↑
FY2023–24 (FY24) 23.91

 

The sharp surge in remittance inflows underlines the growing contribution of overseas Bangladeshi workers to the national economy and reflects improved remittance channels and policy support from the central bank.

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News Desk, Khaborwala

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