Top 5 Countries Send 62% of Remittances to Bangladesh; Saudi Arabia Leads

During the first eleven months of the fiscal year 2025-26 (July-May), approximately 62% of Bangladesh's total remittance inflows, amounting to $3.277 billion, originated from five key countries. These primary sources are Saudi Arabia, the United Kingdom, the United Arab Emirates (UAE), Malaysia, and the United States, collectively contributing $2.025 billion. The significant volume of Bangladeshi workers and expatriates residing in these nations fuels this substantial remittance flow. Saudi Arabia emerged as the largest contributor, sending $527.97 million, representing 16% of the total. The United Kingdom followed with $468.58 million, the UAE with $427.82 million in third place, Malaysia with $322 million in fourth, and the United States with $278.96 million in fifth. Additionally, Oman, Kuwait, Qatar, Bahrain, Singapore, and Italy also provided considerable remittances, with these six countries contributing about $889 million, or 27% of the total, during the same period. In May alone, remittances reached $344.25 million, with the UK being the top source at $65.09 million, surpassing Saudi Arabia ($54.65 million) for the first time in ten months. The government's incentives for using banking channels and simplified procedures are credited with boosting remittance inflows and discouraging informal channels like 'hundi'.