Bangladesh

Key Points

  • Bangladesh faces a high unemployment rate, and as a result, labour migration serves as an important livelihood option for many Bangladeshis.
  • Remittances from Bangladeshi migrants have been growing at an average rate of 17 per cent annually since 2001. The rate surged 32.4 per cent to reach a record high of about $10.7 billion in 2009. Remittances in 2010 were $9.9 billion, about 9 times higher than total foreign direct investment (FDI), 5 times that of official development assistance (ODA) for the country and about 11 per cent of gross domestic product (GDP).
  • In addition to the official channels, a substantial number of migrants also leave the country through irregular channels, causing concern to both the countries of origin and destination.
  • Human trafficking is a major challenge for Bangladesh. It is a complex issue that is carried out in an organized and complex manner and many of the victims’ families are reluctant to report trafficking cases. Consequently, obtaining accurate data and statistics on this practice is very difficult.