Bangladesh received US$35.21 billion in remittances during the period from July 2025 to June 27, 2026, marking a 17.3 percent increase compared with US$30.01 billion received during the corresponding period of the previous fiscal year. This robust growth in remittance inflows has been a significant contributor to the country's economy, providing a vital source of foreign exchange and supporting the livelihoods of millions of families.
Monthly Performance
Despite the overall positive trend, the month of June 2026 saw a slight decline in remittance inflows. Between June 25 and June 27, expatriate Bangladeshis sent US$140 million in remittances. For the first 27 days of June 2026, remittance inflows stood at US$2.452 billion, compared with US$2.499 billion during the same period in June 2025, reflecting a 1.9 percent year-on-year decline for the month up to June 27.
Annual Growth
Despite the slight decrease in June, overall remittance inflows remained robust throughout FY2025-26. The strong contributions from Bangladeshi workers abroad resulted in double-digit growth over the previous fiscal year. This consistent performance underscores the resilience and reliability of remittance inflows as a critical component of Bangladesh's economic stability.
Economic Impact
Remittances play a crucial role in Bangladesh's economy, not only by providing a steady stream of foreign exchange but also by supporting consumption and investment. The significant increase in remittance inflows during FY2025-26 is expected to have a positive impact on the country's foreign exchange reserves, inflation rates, and overall economic growth.
