Bangladesh Remittances Hit $35.59 Billion in FY2025-26
Bangladesh received $35.59 billion in remittances during the 2025-26 fiscal year, marking a substantial increase from $30.33 billion in FY2024-25.
Expatriates’ Welfare and Overseas Employment Minister Ariful Haque Choudhury disclosed the figures in a written response to a question from Nilofar Chowdhury Moni during a question-and-answer session in the Jatiya Sangsad.
The figures show that remittance inflows increased from most of Bangladesh’s major overseas labour markets. Stronger inflows were recorded from Saudi Arabia, the United Kingdom, the United Arab Emirates, Malaysia, Italy, Oman, Kuwait, Qatar, Singapore, South Africa, France, Australia, Jordan and Greece.
Saudi Arabia remained Bangladesh’s largest source of remittances. Inflows from the kingdom increased from $4.26 billion in FY2024-25 to $5.85 billion in FY2025-26.
The United Kingdom recorded the second-highest inflow and one of the strongest increases among major sources. Remittances from the UK climbed from $3.17 billion to $5.07 billion during the fiscal year.
Inflows from the United Arab Emirates also increased, rising from $4.17 billion to $4.58 billion. Remittances from Malaysia grew from $2.80 billion to $3.40 billion.
Italy and Oman each contributed $2.05 billion in FY2025-26. In the previous fiscal year, remittances from the two countries stood at $1.65 billion and $1.66 billion respectively.
Remittances from Kuwait increased from $1.62 billion to $1.76 billion, while inflows from Qatar rose from $1.21 billion to $1.56 billion.
Singapore recorded another notable increase, with remittances reaching $1.49 billion compared with $0.99 billion a year earlier. Inflows from South Africa increased from $0.40 billion to $0.67 billion.
France contributed $0.47 billion, up from $0.34 billion, while remittances from Australia increased from $0.20 billion to $0.26 billion. Jordan recorded an increase from $0.17 billion to $0.25 billion, while inflows from Greece edged up from $0.19 billion to $0.20 billion.
Despite the overall increase, remittance inflows declined from four countries during the fiscal year.
The United States recorded the largest decline in absolute terms. Remittances from the US fell from $4.73 billion in FY2024-25 to $3.03 billion in FY2025-26, a decrease of $1.70 billion or 35.9 percent.
Canada recorded the sharpest proportional fall, with inflows dropping by half from $0.22 billion to $0.11 billion.
Remittances from the Maldives declined from $0.14 billion to $0.12 billion, while inflows from Mauritius fell from $0.14 billion to $0.08 billion.
Overall, the figures indicate that stronger remittance flows from Saudi Arabia, the United Kingdom and several other major labour markets more than offset the declines recorded in the United States and a small number of other countries.