Pakistan sees 9.3% growth in workers’ remittances during 4MFY26

Karachi, November 7, 2025 – Pakistan’s economy received a strong boost from overseas workers as remittances inflows surged by 9.3% during the first four months (July–October) of fiscal year 2025–26, according to the latest data released by the State Bank of Pakistan (SBP).

The country recorded $13 billion in workers’ remittances during 4MFY26, compared to $11.9 billion in the same period last year, reflecting steady confidence from the Pakistani diaspora despite global economic headwinds.

Data compiled by AKD Securities Limited shows that Saudi Arabia remained the largest contributor, sending $3.13 billion, up 7% from $2.92 billion a year earlier. The United Arab Emirates (UAE) followed, with inflows climbing 15% to $2.68 billion from $2.33 billion last year.

The United Kingdom (UK) ranked third, posting a 5% increase to $1.86 billion, while remittances from the United States (USA) declined 9%, totaling $1.09 billion compared to $1.20 billion in the same period of FY25.

For October 2025, total remittance inflows reached $3.4 billion, marking month-on-month growth of 7.4% and year-on-year growth of 11.9%. The major sources were Saudi Arabia ($820.9 million), UAE ($697.7 million), UK ($487.7 million), and USA ($290 million).

The SBP attributed the continued rise in remittances to improved banking channels, digital transfers, and a stable exchange rate, which together enhanced inflow efficiency and encouraged overseas Pakistanis to remit funds through formal channels.