Remittances in Bangladesh increased to 1859.97 USD Million in March from 1494.47 USD Million in February of 2022. source: Bangladesh Bank

Remittances in Bangladesh averaged 1368.22 USD Million from 2012 until 2022, 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 October of 2022.

Remittances in Bangladesh is expected to be 2000.00 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 2300.00 USD Million in 2023, according to our econometric models.

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Bangladesh Remittances

Related Last Previous Unit Reference
Balance of Trade -288.50 -260.00 BDT Billion Jun 2022
Current Account -33.16 -114.74 Billion BDT Jul 2022
Current Account to GDP -1.00 -1.40 percent of GDP Dec 2021
Imports 709.25 599.94 BDT Billion Jun 2022
Exports 420.80 339.97 BDT Billion Jun 2022
Capital Flows 0.80 0.78 BDT Billion Jul 2022
Remittances 1859.97 1494.47 USD Million Mar 2022
Foreign Direct Investment 1510.00 2650.00 USD Million Dec 2020
External Debt 44.20 38.48 USD Billion Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
1859.97 1494.47 2598.21 856.87 2012 - 2022 USD Million Monthly