Bangladesh sees record $30.32 billion in remittances in FY2024-25
Published: 02 July 2025, 3:24:45
Bangladesh received a record-high US$30.32 billion in remittances during the 2024–25 fiscal year, marking a significant 26.8% year-on-year increase compared to the US$23.9 billion received in FY2023–24, according to Bangladesh Bank data.
The inflow between July 2024 and June 2025 set a new benchmark as the highest annual remittance in the country’s history. The growth trend was bolstered by rising use of official banking channels by expatriate workers, which is believed to have diverted remittance flows away from informal systems like hundi.Bangladesh tourism guide
In June 2025 alone, Bangladesh received US$2.81 billion in remittances—an 11% increase from US$2.53 billion in the same month the previous year. The fiscal year’s highest single-month remittance was recorded in March, reaching US$3.29 billion, largely due to Eid-ul-Fitr-related transfers. That figure also stands as the highest monthly remittance Bangladesh has ever recorded.
Banking officials view this upward trend as a crucial support for the country’s foreign exchange reserves and for maintaining stability in import payments.
Here is the month-wise remittance inflow for FY2024–25:
March: US$3.29 billion
May: US$2.97 billion
June: US$2.81 billion
April: US$2.75 billionBangladesh tourism guide
December: US$2.64 billion
February: US$2.53 billion
October: US$2.39 billion
September: US$2.40 billion
August: US$2.22 billion
November: US$2.20 billion
January: US$2.19 billion
July: US$1.91 billion
The record-breaking remittance inflow is seen as a positive economic signal for Bangladesh, particularly at a time when managing foreign reserves and stabilizing the balance of payments remain key priorities.
