Bangladesh witnessed a massive surge in inward remittances with a staggering 15.34 percent growth in May 2026 compared to the corresponding period of last year, according to the
latest data from Bangladesh Bank.

Expatriate workers sent US$ 3.42 billion as remittance between May 1-31, up sharply from the $2.96 billion recorded during the same period in May 2025.

Central bank officials noted that the inflow spiked dramatically as expatriates sent additional funds to their relatives ahead of Eid-ul-Azha, a major religious festival celebrated on May 28.

With this latest monthly surge, total remittance inflows from July 2025 to May 2026 reached $32.75 billion, marking a robust 19 percent growth for the current fiscal year. During the corresponding period of the previous fiscal year (July 2024 to May 2025), the country received
$27.5 billion.

Arief Hossain Khan, Executive Director and Spokesperson of Bangladesh Bank, told UNB that the central bank will continue its policy initiatives to keep this momentum alive. "The central bank will
continue policy support to encourage remittance through legal channels," he said.

Financial analyst and Additional Research Director of the Centre for Policy Dialogue (CPD), Tawfiqul Islam Khan, attributed this significant momentum to a combination of policy and seasonal factors.

He told UNB that the growth was driven by the continuous streamlining of digital banking channels, robust seasonal flows ahead of the major festival, and competitive exchange rates offered by commercial banks.

The steady growth in the remittance architecture provides a major cushion for the country's foreign exchange reserves and offers critical support to macroeconomic stability amid global economic
headwinds.