Bangladeshi expats set new remittance record: $2.64 billion in December 2024

Bangladesh received record-breaking remittance in December 2024, according to the latest updates from Bangladesh Bank.

In December alone, expatriates sent a staggering US $2.64 billion, marking the highest monthly remittance recorded. Adding to this milestone, a record-breaking $118 million was remitted in just one day between December 30 and 31, 2024.

Highlighting the growth, Husne Ara Shikha, spokesperson for Bangladesh Bank, said on Wednesday that monthly remittance inflows increased by 32.5 percent year-on-year in December.

During the July to December period of 2024, expatriates sent a total of $13.77 billion, reflecting a sharp 27.6 percent growth compared to the $10.8 billion received during the same six-month period in 2023.