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Bangladesh received $8.798 billion in workers’ remittances during the first three months of the current fiscal year 2026-27, marking a 15.1 percent increase from $7.643 billion received during the corresponding period of the previous fiscal year.
According to the latest data, expatriate Bangladeshis sent $206 million in remittances during October 1-3, compared with $57 million during the same period in 2025.
The latest figures indicate that remittance inflows have maintained strong momentum since the beginning of the current fiscal year, providing a significant boost to the country’s foreign exchange earnings.
During the period from July 1 to October 3, remittance earnings increased by $1.155 billion year-on-year, reflecting a substantial rise in the amount of money sent home by Bangladeshi migrant workers.
The sharp increase in inflows during the opening days of October also contributed to the overall growth. Remittances received in the first three days of October were nearly four times higher than the $57 million recorded during the corresponding period last year.
The continued rise in remittance inflows is expected to support the country’s foreign exchange reserves and help strengthen external sector stability.
Remittances sent by millions of Bangladeshis working abroad remain a major source of foreign exchange for the country. The funds also play an important role in supporting household consumption, education, healthcare and other expenses of migrant workers’ families.
The latest trend suggests that expatriate Bangladeshis are continuing to send more money through formal channels, helping sustain the positive momentum in remittance earnings in the new fiscal year.
The government and the central bank have in recent years taken various measures to encourage migrant workers to use formal banking channels for sending money home, while efforts to expand overseas employment have also contributed to the growth of remittance inflows.
The strong performance in the first three months of FY27 follows a significant increase in remittances in the previous fiscal year, reinforcing their importance to Bangladesh’s economy and balance of payments.