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Remittance from UK

 

Bangladesh government recognises that foreign remittance from expatriate Bangladeshis are vital in maintaining a healthy foreign exchange reserve and having a surplus in the current account balance. During the year 2010-11 Bangladesh received remittance of US$ 11.65 billion. The contribution of remittance from UK is particularly significant as it is around 8% of the total remittance received in Bangladesh. Total remittance from UK during the financial year 2010-11 stood at US$ 890 million. UK is the fifth largest source of remittance next to Saudi Arabia, USA, UAE and Kuwait.

Remittance inflows to Bangladesh from UK

(in million US$)

Year

Amount

1998-1999

54.04

1999-2000

71.79

2000-2001

55.70

2001-2002

103.31

2002-2003

220.22

2003-2004

297.54

2004-2005

375.77

2005-2006

517.39

2006-2007

886.90

2007-2008

896.13

2008-2009

788.85

2009-2010
827.25
2010-2011 889.60
2011-2012 987.46

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