Remittance Hits $21.82 Billion in 2023

Bangladesh's migrant workers sent home $21.82 billion as remittance in the just concluded calendar year, an increase of only 2.54 percent year on year mainly due to the gap of US dollar rate between formal and informal channel. 

The remittance earning was $21.28 billion in 2022 and it was $21.74 billion in 2021, according data from the Bangladesh Bank. 

Bangladeshi expatriates sent $1.90 billion in the last month of 2023, said Bangladesh Bank executive director and spokesperson Md Mezbaul Haque. 

December figure was 1.55 percent lower from the previous month when the remittance inflow was $1.93 billion, showed BB data.