Remittances in Bangladesh decreased to 1810.10 USD Million in August from 1871.50 USD Million in July of 2021. source: Bangladesh Bank

Remittances in Bangladesh averaged 1350.49 USD Million from 2012 until 2021, reaching an all time high of 2598.21 USD Million in July of 2020 and a record low of 856.87 USD Million in September of 2017. This page provides the latest reported value for - Bangladesh Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bangladesh Remittances - values, historical data and charts - was last updated on November of 2021.

Remittances in Bangladesh is expected to be 1912.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bangladesh Remittances is projected to trend around 2094.00 USD Million in 2022, according to our econometric models.

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Bangladesh Remittances


Related Last Previous Unit Reference
Balance of Trade -183.80 -163.50 BDT Billion Aug/21
Current Account -3887.00 -3977.00 USD Million Jun/21
Current Account to GDP -1.50 -1.70 percent of GDP Dec/20
Imports 485.02 385.94 BDT Billion Aug/21
Exports 301.27 222.47 BDT Billion Aug/21
Capital Flows 0.90 7.63 BDT Billion Jul/21
Remittances 1810.10 1871.50 USD Million Aug/21
Foreign Direct Investment 1510.00 2650.00 USD Million Dec/20
External Debt 44.20 38.48 USD Billion Dec/20
Bangladesh Remittances
In Bangladesh, Remittances refers to inflows of migrants’ and short-term employee income transfers. Remittances from more than 10 million citizens abroad are very important for Bangladesh and along with garment exports are key source of foreign exchange. Saudi Arabia has been the largest source of remittances, followed by UAE, Qatar, Oman, Bahrain, Kuwait, Libya, Iraq, Singapore, Malaysia, the US and the UK.