Remittances in Bangladesh decreased to 1434.05 USD Million in April from 1458.68 USD Million in March of 2019. Remittances in Bangladesh averaged 1212.94 USD Million from 2012 until 2019, reaching an all time high of 1597.21 USD Million in January of 2019 and a record low of 856.87 USD Million in September of 2017.

Remittances in Bangladesh is expected to be 1250.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Bangladesh to stand at 1330.00 in 12 months time. In the long-term, the Bangladesh Remittances is projected to trend around 1500.00 USD Million in 2020, according to our econometric models.

Bangladesh Remittances
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Bangladesh Trade Last Previous Highest Lowest Unit
Balance of Trade -113.70 -193.40 0.00 -209.80 BDT Billion [+]
Current Account -1728.00 -1354.00 1852.00 -3247.00 USD Million [+]
Current Account to GDP -3.60 -0.60 3.70 -4.40 percent [+]
Exports 232.41 271.93 271.93 0.05 BDT Billion [+]
Imports 346.07 465.30 465.30 0.57 BDT Billion [+]
Terms of Trade 87.10 87.10 104.70 80.01 Index Points [+]
Capital Flows 1.81 7.15 679.50 -12.72 BDT Billion [+]
Remittances 1434.05 1458.68 1597.21 856.87 USD Million [+]
Gold Reserves 14.00 14.00 14.00 3.29 Tonnes [+]
Foreign Direct Investment 1583.00 1706.00 1726.00 276.00 USD Million [+]
External Debt 33.11 28.34 33.11 16.17 USD Billion [+]
Crude Oil Production 3.00 3.00 6.00 1.10 BBL/D/1K [+]
Terrorism Index 5.70 6.18 6.48 4.10 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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. 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 - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1434.05 1458.68 1597.21 856.87 2012 - 2019 USD Million Monthly




Country Last Previous
Brazil 286.00 Mar/19
France 43.00 Mar/19
India 12589.15 Dec/18
Indonesia 2713.92 Dec/18
Italy 153.71 Dec/18
Mexico 7699.06 Mar/19
Netherlands 38.10 Jun/18
Russia 317.00 Dec/18
Saudi Arabia 28498.00 Dec/18
Spain 3315.00 Dec/18
Turkey 22.00 Feb/19


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