For all latest news, follow The Financial Express Google News channel.
Bangladesh received US $922 million in inward remittance in the first 11 days of May, according to a revised update released by Bangladesh Bank on Monday evening.
This marks an increase from $814 million received during the same period in 2024, reflecting a 13.3 percent year-on-year growth in remittance inflow for May 1–11, UNB reports.
From July 2024 to 7 May 2025—the current fiscal year (FY 2024–25)—Bangladesh received a record $25.46 billion in remittances. In comparison, the country received $19.72 billion during the same period in the previous fiscal year (July 2023 to 7 May 2024), indicating a 27.7 percent rise in remittance inflow.
Expatriates sent $24.54 billion in remittances during the first 10 months (July to April) of FY 2024–25, already surpassing the total remittance received throughout FY 2023–24.
The monthly breakdown of remittance inflow during the current fiscal year is as follows:
- April: $2.75 billion
- March: $3.29 billion
- February: $2.53 billion
- January: $2.19 billion
- December: $2.64 billion
- November: $2.20 billion
- October: $2.39 billion
- September: $2.40 billion
- August: $2.22 billion
- July: $1.91 billion