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Bangladesh received a record US$35.34 billion in remittances during the 2025-26 fiscal year, marking a 17.6 percent year-on-year increase as inflows through formal banking channels continued to strengthen, according to the latest data released by Bangladesh Bank.
Figures from the central bank’s Foreign Exchange Policy Department showed that expatriate Bangladeshis remitted $35.34 billion between July 2025 and June 28, 2026, compared with $30.04 billion during the corresponding period of FY2024-25.
The strong growth underscores the continued importance of remittances in supporting Bangladesh’s external sector, foreign exchange reserves and overall macroeconomic stability.
In June alone, remittance inflows reached $2.58 billion during the first 28 days of the month, up 1.8 percent from $2.54 billion received during the same period a year earlier.
On June 28, Bangladesh recorded a single-day remittance inflow of $133 million, reflecting the steady pace of inward transfers at the end of the fiscal year.
Bangladesh Bank officials attributed the sustained increase in remittance earnings to improved banking services, stable exchange rates and tighter compliance measures that have encouraged non-resident Bangladeshis (NRBs) to send money home through formal channels instead of informal networks.
The continued rise in remittances has also helped strengthen the country’s external financial position.
According to the latest Bangladesh Bank data, the country’s gross foreign exchange reserves stood at $36.31 billion as of June 28, 2026.
Meanwhile, under the International Monetary Fund’s (IMF) Balance of Payments Manual, Sixth Edition (BPM6) methodology, Bangladesh’s net international reserves stood at $31.73 billion.
Economists say the record remittance inflow will provide much-needed support for Bangladesh’s balance of payments, help meet rising import demand, strengthen foreign exchange reserves and contribute to greater stability in the country’s external sector.