Volume of remittances (in United States dollars) as a proportion of in Bangladesh
Bangladesh: Volume of remittances (in United States dollars) as a proportion of was 6.1% in 2024. ▼ Falling
Latest (2024)
6.1%
Change on year
up 21.2%
World rank
57th
of 203 countries
All-time high
10.6%
in 2012
All-time low
3.7%
in 2000
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Bangladesh, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Bangladesh stood at 6.1%.
That represents a change of up 21.2% on the previous year and down 29.5% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Bangladesh peaked at 10.6% in 2012 and was at its lowest, 3.7%, in 2000.
That places Bangladesh 57th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Bangladesh, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.7% | — |
| 2001 | 3.9% | +5.7% |
| 2002 | 5.2% | +34.0% |
| 2003 | 5.3% | +1.6% |
| 2004 | 5.5% | +3.8% |
| 2005 | 6.2% | +12.8% |
| 2006 | 7.6% | +21.7% |
| 2007 | 8.2% | +9.0% |
| 2008 | 9.8% | +18.4% |
| 2009 | 10.3% | +5.2% |
| 2010 | 9.4% | -8.3% |
| 2011 | 9.4% | -0.3% |
| 2012 | 10.6% | +12.8% |
| 2013 | 9.2% | -12.7% |
| 2014 | 8.7% | -6.2% |
| 2015 | 7.8% | -9.6% |
| 2016 | 5.1% | -34.7% |
| 2017 | 4.6% | -10.2% |
| 2018 | 4.8% | +5.4% |
| 2019 | 5.2% | +7.9% |
| 2020 | 5.8% | +11.2% |
| 2021 | 5.3% | -8.3% |
| 2022 | 4.7% | -12.4% |
| 2023 | 5.0% | +8.0% |
| 2024 | 6.1% | +21.2% |
Bangladesh compared with similar countries
- Bangladesh's 6.1% is above the median for lower middle income countries, which is 6.1%, 1.0× the median. (43 countries reporting)
- Bangladesh's 6.1% is above the median for South Asia, which is 4.8%, 1.3× the median. (6 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.6% | 3.7% | 10.3% | 10 |
| 2010s | 7.5% | 4.6% | 10.6% | 10 |
| 2020s | 5.4% | 4.7% | 6.1% | 5 |
Countries ranked near Bangladesh
More economy & growth data for Bangladesh
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 6.09 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 7 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.10 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.0575 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.85 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 44.47 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.004 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 10.51 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.5 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Bangladesh?
- Volume of remittances (in united states dollars) as a proportion of in Bangladesh was 6.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Bangladesh?
- The highest recorded value was 10.6% in 2012.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Bangladesh?
- The lowest recorded value was 3.7% in 2000.
- How does Bangladesh rank for volume of remittances (in united states dollars) as a proportion of?
- Bangladesh ranks 57th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Bangladesh?
- Over the last ten years it is down 29.5%. The long-run trend across the full record is falling.
- Where does this Bangladesh data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).