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Bangladeshi expatriates send $2.04B in remittances in April

Bangladeshis remittance
by Insider Desk
May 11, 2024

In April of this year, Bangladeshi expatriates sent an impressive $2.04 billion in remittances, as data from the central bank revealed. 

This substantial inflow of funds is a lifeline for countless families back home, providing essential support for their livelihoods and contributing to the nation’s economic resilience.

The bulk of these remittances originated from countries in the Middle East, with the United Arab Emirates emerging as the leading contributor. Expatriates residing in the UAE sent approximately $382.81 million during the specified period.

The United States stood as the second-highest source of remittances in April, with $331.84 million.

The top 10 list of contributing countries also includes the United Kingdom, Saudi Arabia, Italy, Kuwait, Malaysia, Qatar, Oman, and Bahrain, reflecting the widespread dispersion of Bangladeshi expatriates across the globe and their collective impact on the nation’s economy.

Tags: BangladeshRemittance
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