Bangladesh remittance inflow reached US$2.68 billion in the first 29 days of November 2025, marking a key boost to the economy. The Bangladesh Bank released the data on Sunday, showing a 15.8 per cent year-on-year rise in cumulative fiscal inflows to $12.83 billion since July. This surge aids foreign reserves amid regional economic pressures.
The influx underscores the vital role of overseas workers in sustaining Bangladesh‘s balance of payments. With 13 million expatriates contributing steadily, remittances form over 6 per cent of GDP and outpace foreign direct investment. In South Asia, where migration drives household incomes, this growth stabilises currencies and funds development, contrasting slower recoveries in neighbours like Pakistan and India.
Remittance Bangladesh November 2025: Key Figures and Growth
Bangladesh recorded US$2.68 billion in remittance Bangladesh November 2025 flows through official channels up to 29 November. The figure covers inflows from expatriates mainly in the Middle East, Europe, and North America. Daily averages hit $92.44 million in the initial 22 days, reflecting consistent transfers.
The Bangladesh Bank remittance report, issued on 30 November, details the breakdown. Private sector banks handled $1.87 billion, state-owned banks $516.94 million, specialised banks $279.57 million, and foreign banks $5.55 million. This distribution highlights the dominance of private channels in facilitating quick transfers.
For context, November’s performance aligns with prior months. July saw $2.48 billion, August $2.42 billion, September $2.68 billion, and October $2.56 billion. The steady pattern points to effective policies curbing informal routes like hundi.
Bangladesh Remittance Surge 2025: Fiscal Year Momentum
The Bangladesh remittance surge 2025 continues strongly into the fiscal year 2025-26. Cumulative inflows from 1 July to 29 November total $12.83 billion, up 15.8 per cent from $11.09 billion in the same period of 2024-25. This growth exceeds early projections and supports a target of $30 billion annually.
Interim data from Bangladesh Bank shows accelerating trends. Up to 18 November, inflows hit $1.904 billion for the month, a 30.7 per cent rise year-on-year. By 25 November, figures climbed to $2.441 billion, with 28.6 per cent growth. These updates, sourced from weekly Bangladesh Bank remittance reports, confirm the upward trajectory.
A senior official from the central bank’s Statistics Department noted in a press statement: “The increased use of formal banking channels stems from incentives and anti-hundi measures.” This aligns with government efforts post-2024 reforms, including exchange rate adjustments that narrowed gaps between official and black-market rates.
In South Asia, Bangladesh’s performance stands out. While India’s remittances grew 7 per cent to $129 billion in 2024, Bangladesh’s 15.8 per cent fiscal surge reflects higher reliance on Gulf labour markets. Pakistan, by contrast, saw flat inflows at $29 billion, hampered by political instability.
Remittance Inflow Bangladesh November: Channel Breakdown and Impacts
Remittance inflow Bangladesh November data reveals robust participation across bank types. The $2.68 billion total for 29 days averages $92.44 million daily, based on the first 22 days’ pace. State-owned banks, often serving rural remitters, processed 19.3 per cent of the volume.
The Bangladesh Bank remittance report emphasises economic ripple effects. Inflows bolster foreign exchange reserves, which stood at $22.5 billion as of late November. This cushions import costs for essentials like fuel and food, critical amid global inflation.
Expatriates, numbering 13 million, drive this flow. Key corridors include Saudi Arabia ($4.2 billion annually), UAE ($3.8 billion), and Kuwait. A 2025 World Bank update projects Bangladesh’s remittances at $25-28 billion for the year, but current data suggests potential to top $30 billion.
Local economists link the Bangladesh remittance surge 2025 to post-election stability. Transfers fund education, healthcare, and small businesses, lifting 25 million households. In Dhaka, remittance-dependent areas report 10 per cent higher consumption.
Background: Evolution of Remittances in Bangladesh
Remittances have anchored Bangladesh’s economy since the 1970s oil boom sent workers to the Gulf. In fiscal year 2024-25, inflows hit $30.32 billion, a 26.81 per cent jump from prior years. This record, per Bangladesh Bank archives, followed crackdowns on informal transfers.
Early 2025 saw volatility, with July-August dips to $2.42 billion monthly. Recovery accelerated in September, mirroring regional trends. South Asia’s total remittances reached $140 billion in 2024, per International Labour Organisation data, with Bangladesh contributing 20 per cent.
Government incentives, like tax rebates on wages, boosted formal channels. The central bank’s mobile banking expansions reached 80 million users, easing rural access. Yet challenges persist: high fees average 5 per cent per transfer, per 2025 Asian Development Bank findings.
Comparatively, Nepal’s $10 billion inflows grew 15 per cent, while Sri Lanka’s stagnated post-crisis. Bangladesh’s edge lies in diversified markets and policy agility.
What’s Next: Projections for Remittance Bangladesh November 2025 Close
As December begins, full remittance Bangladesh November 2025 data could push monthly totals over $2.8 billion. Bangladesh Bank forecasts sustained growth if daily averages hold. Officials eye $32 billion for fiscal 2025-26, contingent on oil prices and migration quotas.
Policy tweaks, including digital wallets, may further channel funds. Expatriate forums urge lower fees to sustain the Bangladesh remittance surge 2025. With reserves strengthening, the focus shifts to investing inflows in infrastructure and skills training. This remittance Bangladesh November 2025 milestone reinforces overseas workers’ role in national resilience.
Published in SouthAsianDesk, December 1st, 2025
Follow SouthAsianDesk on X, Instagram, and Facebook for insights on business and current affairs from across South Asia.
