Staff Reporter: Bangladesh became one of the three large remittance-recipient countries in Asia according to a report of Economist Intelligence Unit. Last year Bangladesh registered a rise in inward remittance worth $19.8 billion compared to $18.4 billion it received the year before, according to the report.

Mexico and Pakistan are other two countries that have rise in inward remittance.

EIU recently purchased a report with a list of 10 largest remittance recipients. With the figure of $19.8 billion, Bangladesh is the eighth highest recipient saw a rise in inward remittance. While, other large remittance recipients in the list like India, China, the Philippines, Egypt, Nigeria, Vietnam, and Ukraine saw decline last year.

owing to the pandemic's lingering effects on the global economy, the report said, The World Bank estimates that global remittances fell by 7 percent in 2020 and expected a further 7 percent drop in 2021