Thursday, December 26, 2013

The world's 7th largest remittance earner

The world's 7th largest remittance earner

Bangladesh is projected to receive over $15 billion USD in 2013, a staggering 11% of GDP, making Bangladesh the 7th highest remittance receiving country in the world. But, only 371,647 Bangladeshis have flown abroad for jobs in 2013 (up to Oct 2013), compared to 607,798 in 2012. If the number of new international recruits from Bangladesh keeps falling, one can only expect growth in remittance earnings to slow down in years to come.

Note/ Corrigendum:
15 billion was the World Bank's projection for 2013 based on which this infographic was made, and now the real numbers are out, turns out remittance for 2013 has been much lower, instead of rising to 15 billion, it fell to 13.84 billion dollars. The latest figures are here:
bdnews24.com/economy/2014/01/01/funds-inlow-from-nrbs-drops

Sources:
www.bb.org.bd/econdata/wagermidtl.php
www.bmet.org.bd/BMET/stattisticalDataAction
www.dhaka247.net/business/bangladesh-retains-7th-position/


No comments:

Post a Comment