Bangladesh's remittance inflow experienced robust year-on-year growth in early March, reaching US$1,920 million in the first 11 days of the month, according to the latest data from Bangladesh Bank (BB) released on Thursday.
This marks a 44.3 percent increase compared to $1,330 million during the same period last year, highlighting continued support from the country's expatriate workforce.
Data from the central bank shows that from July 2025 to March 11, 2026, Bangladesh received a total of $24,374 million in remittances, up from $19,820 million over the same period in the previous fiscal year, reflecting a strong upward trend in foreign remittances.
Economists and banking officials say this growth underscores the resilience of overseas Bangladeshi workers and the effectiveness of remittance channels, which have become a vital source of foreign currency and a key contributor to the country's economic stability and development. The rise in remittances also comes amid increasing demand for foreign currency for imports, investment, and household consumption, helping stabilize the Taka-dollar exchange rate and supporting domestic economic activity.
With the upward trend continuing, authorities expect remittance inflows to remain a critical pillar of Bangladesh's economy, particularly as the country prepares for major festivals and the upcoming agricultural and industrial seasons.
