Bangladesh receives $2.97bn in remittances in May
The strong inflow of remittances to Bangladesh continued its dominating trend in May, with expatriates sending around $2.97 billion in the month.
The surge comes ahead of Eid-ul-Adha, as expatriate Bangladeshis sent significant amounts to support families during the festive season.
The all-time highest monthly remittance was recorded just two months earlier, in March 2025, ahead of Eid-ul-Fitr, when remittances reached $3.29 billion.
According to the Bangladesh Bank, remittances in May 2024 stood at $2.25 billion. This year's May figure represents a sharp 31.7% increase year-on-year.
Data from the central bank also showed that total remittances for the first 11 months of the current fiscal year (July-May) amounted to $27.51 billion - 28.7% higher than the $21.37 billion received during the same period in the previous fiscal year.
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