Islamabad: Pakistan received USD 3.4 billion in remittances from overseas workers in October 2025, marking a 12% increase compared to the same month last year, according to data from the State Bank of Pakistan (SBP). On a monthly basis, remittances rose 7% from USD 3.2 billion in September 2025.
Remittances continue to play a vital role in supporting Pakistan’s external accounts, boosting economic activity, and supplementing the incomes of households dependent on funds from abroad.
The government has actively promoted the use of formal channels to increase inflows, offering incentives and facilitating the Pakistan Remittance Initiative (PRI), which has grown from 25 institutions in 2009 to more than 50 by 2024.
During the first four months of fiscal year 2025-26, remittance inflows totaled USD 12.9 billion, up from USD 11.9 billion in the same period last year, reflecting a growth of 9.3%.
Saudi Arabia remained the largest source of remittances, contributing USD 821 million in October, followed by the United Arab Emirates (USD 698 million), the United Kingdom (USD 488 million), the European Union (USD 457 million), and the United States (USD 290 million).
The SBP data shows steady growth in remittances from most key countries, reinforcing their importance as a consistent source of foreign exchange for Pakistan.
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