Bangladesh received a record US$35.56 billion in workers' remittances during the 2025-26 fiscal year (July 2025-June 2026), registering a 17.3 percent growth over the US$30.33 billion received in the previous fiscal year, according to the latest Bangladesh Bank data. This record inflow underscores the continued strong contribution of expatriate Bangladeshis to the country's foreign exchange earnings and external sector.
Monthly and Daily Inflows
In June 2026 alone, remittance inflows totaled US$2.806 billion, slightly lower than the US$2.823 billion received in the same month of the previous year, representing a marginal 0.6 percent year-on-year decline. On the last day of the fiscal year, June 30, expatriate Bangladeshis sent home US$120 million in remittances, according to the central bank data.
Sustained Resilience in Overseas Earnings
Despite the modest decline in June, the overall fiscal year ended with the highest-ever annual remittance inflow, reflecting sustained resilience in overseas earnings throughout FY2025-26. This consistent performance highlights the critical role of remittances in supporting Bangladesh's economy.
Significance for Bangladesh's Economy
The record remittance inflow is a significant boost for Bangladesh's economy, providing a crucial source of foreign exchange and supporting the country's balance of payments. Remittances play a vital role in stabilizing the economy, especially during periods of external shocks.
Future Outlook
The continued growth in remittances is expected to have a positive impact on Bangladesh's economic outlook. It will likely contribute to increased consumer spending, support for small and medium enterprises, and overall economic stability. The government and central bank will continue to monitor remittance trends to ensure sustained growth.
