Remittance inflows to GDP in Bangladesh
Bangladesh: Remittance inflows to GDP was 5.8% in 2020. ◆ Volatile
Remittance inflows to GDP in Bangladesh, 1976–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
In 2020, remittance inflows to gdp in Bangladesh stood at 5.8%.
The figure is up 11.3% on the previous year and down 38.2% over ten years.
Over the whole period, remittance inflows to gdp in Bangladesh peaked at 10.6% in 2012 and was at its lowest, 0.2%, in 1976.
That places Bangladesh 59th out of 197 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP in Bangladesh, year by year
| Year | % | Change |
|---|---|---|
| 1976 | 0.2% | — |
| 1977 | 0.8% | +340.7% |
| 1978 | 0.9% | +6.3% |
| 1979 | 1.1% | +26.5% |
| 1980 | 1.9% | +69.8% |
| 1981 | 1.9% | +0.8% |
| 1982 | 2.8% | +51.0% |
| 1983 | 3.6% | +28.4% |
| 1984 | 2.6% | -27.5% |
| 1985 | 2.3% | -14.8% |
| 1986 | 2.6% | +17.3% |
| 1987 | 3.1% | +16.3% |
| 1988 | 2.9% | -6.6% |
| 1989 | 2.6% | -8.3% |
| 1990 | 2.5% | -6.4% |
| 1991 | 2.5% | +0.8% |
| 1992 | 2.9% | +15.7% |
| 1993 | 3.0% | +5.6% |
| 1994 | 3.4% | +12.2% |
| 1995 | 3.2% | -7.1% |
| 1996 | 2.9% | -8.6% |
| 1997 | 3.2% | +9.3% |
| 1998 | 3.2% | +1.5% |
| 1999 | 3.5% | +9.7% |
| 2000 | 3.7% | +4.6% |
| 2001 | 3.9% | +5.7% |
| 2002 | 5.2% | +34.0% |
| 2003 | 5.3% | +1.6% |
| 2004 | 5.5% | +3.8% |
| 2005 | 6.2% | +12.9% |
| 2006 | 7.6% | +21.6% |
| 2007 | 8.2% | +9.1% |
| 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% | +11.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7% | 0.2% | 1.1% | 4 |
| 1980s | 2.6% | 1.9% | 3.6% | 10 |
| 1990s | 3.0% | 2.5% | 3.5% | 10 |
| 2000s | 6.6% | 3.7% | 10.3% | 10 |
| 2010s | 7.5% | 4.6% | 10.6% | 10 |
| 2020s | 5.8% | 5.8% | 5.8% | 1 |
Countries ranked near Bangladesh
More financial sector data for Bangladesh
- Total reserves in months of imports, annual growth rate 27.24 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 29.69 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0384 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 99.66 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 25.22 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 110.38 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 27.13 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 118.71 SDR per person (2025)
Frequently asked questions
- What is remittance inflows to gdp in Bangladesh?
- Remittance inflows to gdp in Bangladesh was 5.8% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Bangladesh?
- The highest recorded value was 10.6% in 2012.
- What is the lowest remittance inflows to gdp recorded in Bangladesh?
- The lowest recorded value was 0.2% in 1976.
- How does Bangladesh rank for remittance inflows to gdp?
- Bangladesh ranks 59th out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Bangladesh?
- Over the last ten years it is down 38.2%. The long-run trend across the full record is volatile.
- Where does this Bangladesh data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.