Pakistan recorded a strong inflow of $3.4 billion in overseas workers’ remittances in October 2025, according to data released by the State Bank of Pakistan (SBP) on Friday. The figure marks a 12% year-on-year increase compared to $3.1 billion in October 2024, and a 7% monthly rise from $3.2 billion in September 2025.
During the first four months of FY26, total remittances reached $12.9 billion, up 9.3% from $11.9 billion during the same period last fiscal year. Remittances continue to play a crucial role in supporting Pakistan’s external account, boosting economic activity, and increasing household disposable income.
Prime Minister Shehbaz Sharif expressed gratitude to overseas Pakistanis, saying the consistent growth reflects their confidence in the government’s economic policies.
According to SBP, initiatives under the Pakistan Remittance Initiative (PRI) have significantly improved inflow channels since 2009, with over 50 financial institutions and 400 international entities now facilitating formal transfers.
In terms of country-wise contributions:
- Saudi Arabia led with $821 million, up 9% monthly.
- UAE followed with $698 million, showing a 12% annual rise.
- UK sent $488 million, up 13% year-on-year.
- US recorded $290 million, slightly down 4% YoY.
- EU countries contributed $457 million, a sharp 27% increase.
These figures underscore the vital role of Pakistan’s overseas community in sustaining the nation’s financial stability and growth.
