Business Report :
Bangladesh has received $1,071 million in remittances during the first twelve days of July in the ongoing fiscal year 2025-26, marking a strong start to the new financial year, according to the latest data released by the Bangladesh Bank on Sunday. This amount reflects to a daily average inflow of $89.25 million, reflecting a sustained momentum in overseas income driven by Bangladeshi expatriates.
This figure shows a notable year-on-year growth, as remittances stood at $948 million during the same period in July last year. The current trend reflects increased formal channel usage, particularly through mobile financial services and banking systems, likely bolstered by government initiatives and rising global demand for Bangladeshi migrant workers.
The sharp uptick follows a strong performance in the just-concluded month of June 2025, when the country received $2.82 billion in remittance-the third-highest monthly total in the country’s history. This marks an 11 percent year-on-year growth from June 2024, when remittance inflow was $2.54 billion.
In terms of fiscal year performance, Bangladesh recorded a historic $30.32 billion in remittance earnings in FY25, the highest-ever annual inflow. This surpassed the previous record of $24.77 billion set in FY21 by a significant margin of $5.54 billion. Prior to that, remittance earnings had remained relatively steady with $21.03 billion in FY22, $21.61 billion in FY23, and $23.91 billion in FY24.
Moreover, Bangladesh has expanded its labor markets in recent years, with growing employment opportunities in Middle Eastern and Southeast Asian countries. This has led to a higher volume of remittance being sent back home, serving as a crucial pillar for the nation’s $450 billion economy.
