Overseas Pakistanis sent $3.89 billion in October, taking cumulative remittances to $14.8 billion during the first four months of FY27, according to the State Bank of Pakistan.
Karachi, November 10, 2026: Overseas Pakistanis sent $3.89 billion in workers’ remittances in October 2026, marking a 13.8% increase compared with $3.42 billion received in the same month last year, the State Bank of Pakistan (SBP) reported on Tuesday.
Remittance inflows also recorded an 8.5% month-on-month increase from $3.6 billion in September 2026, reflecting continued growth in transfers from overseas Pakistanis.
Cumulatively, workers’ remittances increased by 14% to $14.8 billion during July-October FY27, compared with $13 billion received during the corresponding period of the previous fiscal year.
Remittances remain an important source of foreign exchange for Pakistan, supporting the country’s external account, economic activity and household incomes.
Last month, the SBP revised its projections for workers’ remittances and foreign exchange reserves upwards, citing improved inflows and a stronger external account outlook.
Speaking at a press conference following the monetary policy announcement, SBP Governor Jameel Ahmed said remittance inflows had remained resilient during the first quarter of FY27.
He projected that workers’ remittances would reach $45 billion during the current fiscal year, up from the previous estimate of $44 billion.
Major corridors of workers’ remittances
Saudi Arabia remained the largest source of remittances in October 2026, with overseas Pakistanis sending $982 million. This represented a 17% increase from $838 million in October 2025 and a 9% rise from $899 million in September 2026.
Inflows from the United Arab Emirates (UAE) increased 16% year-on-year to $816 million, compared with $703 million in October last year. The amount was also 9% higher than September’s $749 million.
Remittances from the United Kingdom reached $592 million, registering 19% growth compared with $499 million in October 2025.
Meanwhile, overseas Pakistanis in the United States sent $329 million, up 9% from $301 million a year earlier.
Remittances from European Union countries stood at $461 million in October, representing a 3% increase from $448 million in September.
The latest figures highlight the continued contribution of overseas Pakistanis to the country’s foreign exchange earnings and external financial stability.