The strong inflow of remittance continued its dominating trend in May, with expatriates sending around US$2.97 billion in the month. The surge comes ahead of Eid-ul-Azha, as expatriate Bangladeshis sent significant amounts to support families during the festive season, local media reported.
The all-time highest monthly remittance was recorded just two months earlier, in March 2025, ahead of Eid-ul-Fitr, when remittance 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.
