Bangladesh Remittances Surge 22.50 Percent to Reach $2.97 Billion in August 2026

Bangladesh Bank published updated monthly remittance statistics on Tuesday, revealing that the country received 2.9766 billion USD in remittances during the month of August 2026. This financial inflow represents a substantial 22.50 percent year-on-year increase compared to the corresponding period of the previous fiscal year, underscoring a strong upward trajectory in funds sent home by overseas workers.

Looking at the broader financial picture of the current fiscal year, remittance inflows have remained robust across the opening months. During the first month of the current 2026-27 fiscal year in July, expatriates sent 2.8687 billion USD. Combined with the August figures, the total remittance inflow for the first two months of the fiscal year—covering July and August—has reached a cumulative 5.8253 billion USD. This two-month total marks an increase of nearly 20 percent compared to the same period in the previous fiscal year.

The latest figures build upon a historical context of substantial remittance growth in recent years. During the 2024-25 fiscal year, remittance inflows channeled through the banking system experienced a growth rate of approximately 27 percent. Subsequently, expatriates remitted a total of 3.519 billion USD throughout the 2025-27 fiscal year. Within those timelines, specific months recorded exceptional peaks, notably in March when inflows reached 3.7522 billion USD, followed by May which registered the second-highest monthly total at 3.4250 billion USD.

Alongside the positive performance in remittance inflows, Bangladesh's external economic indicators have also shown strengthening reserves. The country's total foreign exchange reserve has increased to stand at 37.40 billion USD. Furthermore, when calculated according to the International Monetary Fund's BPM6 standard, the specific amount of the foreign exchange reserve is recorded at 32.49 billion USD.