Expatriates send $2.97 billion in remittances in May

BSS
Published On: 01 Jun 2025, 20:54

 
DHAKA, June 1, 2025 (BSS) -The strong inflow of remittances continued its 
dominating trend in May, with expatriates sending around US$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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