Remittances in Bangladesh increased to 1239.11 USD Million in October from 1139.66 USD Million in September of 2018. Remittances in Bangladesh averaged 1201.66 USD Million from 2012 until 2018, reaching an all time high of 1504.98 USD Million in May of 2018 and a record low of 856.87 USD Million in September of 2017.

Remittances in Bangladesh is expected to be 1204.60 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Bangladesh to stand at 1285.00 in 12 months time. In the long-term, the Bangladesh Remittances is projected to trend around 1500.00 USD Million in 2020, according to our econometric models.

Bangladesh Remittances
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Forecast Data Chart
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Bangladesh Trade Last Previous Highest Lowest Unit
Balance of Trade -116.60 -117.10 0.00 -209.80 BDT Billion [+]
Exports 215.30 265.00 265.00 0.05 BDT Billion [+]
Imports 331.90 382.10 453.21 0.57 BDT Billion [+]
Current Account -2694.00 -2341.00 1852.00 -2989.00 USD Million [+]
Current Account to GDP -2.60 -0.60 3.70 -4.40 percent [+]
Terms of Trade 86.05 85.89 104.70 80.01 Index Points [+]
Capital Flows 0.19 2.39 679.50 -12.72 BDT Billion [+]
Remittances 1239.11 1139.66 1504.98 856.87 USD Million [+]
Gold Reserves 14.00 14.00 14.00 3.29 Tonnes [+]
Foreign Direct Investment 1706.00 1285.00 1726.00 276.00 USD Million [+]
External Debt 28.57 26.31 28.57 16.17 USD Billion [+]
Crude Oil Production 3.00 3.00 6.00 1.10 BBL/D/1K [+]
Terrorism Index 6.18 6.48 6.48 4.10 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Bangladesh Remittances

In Bangladesh, Remittances refers to inflows of migrants’ and short-term employee income transfers. Remittances from more than 10 million citizens abroad are very important for Bangladesh and along with garment exports are key source of foreign exchange. Saudi Arabia has been the largest source of remittances, followed by UAE, Qatar, Oman, Bahrain, Kuwait, Libya, Iraq, Singapore, Malaysia, the US and the UK. This page provides the latest reported value for - Bangladesh Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bangladesh Remittances - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1239.11 1139.66 1504.98 856.87 2012 - 2018 USD Million Monthly




Country Last
Brazil 207.00 Sep/18
France 43.00 Sep/18
Germany -1286.00 Jun/18
India 12638.86 Jun/18
Indonesia 2809.00 Jun/18
Italy 141.61 Jun/18
Mexico 9057.60 Jun/18
Netherlands 38.10 Jun/18
Russia 408.00 Jun/18
Saudi Arabia 32128.00 Jun/18
Spain 3347.00 Jun/18
Turkey 32.00 Sep/18


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