Saudi Arabia surges ahead as Bangladesh’s top remittance source
An illustration depicts the flags of Bangladesh and Saudi Arabia, symbolizing the growing financial ties as Saudi Arabia becomes Bangladesh's top remittance source in Q1 of FY26. | Illustration: Ashrafun Naher Ananna/TBS Creative
Saudi Arabia has surged ahead as Bangladesh's top remittance source in the current fiscal year (FY2025-26), with inflows jumping 43.7% to $1.2 billion in the first quarter (Q1), up from $859 million a year earlier.
By contrast, the United States, which was last year's overall leader with $4.7 billion for the entire FY2024-25, has slipped behind in the Q1 FY26 rankings, even as overall remittances rose 16% year-on-year to $7.6 billion during the July-September period of FY26.
This infographic displays remittance inflows to Bangladesh for Q1 of FY25 and FY26, showing Saudi Arabia leading with a 43.7% increase to $1.23 billion.
Source: Bangladesh Bank
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