Islamabad: Pakistan received USD 3.2 billion in overseas workers’ remittances in July 2025, marking a 7.4% increase compared to USD 3 billion in the same month last year, according to data released by the State Bank of Pakistan (SBP).
On a month-on-month basis, however, remittance inflows declined by 6% from USD 3.4 billion recorded in June 2025.
Saudi Arabia remained the largest source of remittances, with expatriates sending USD 823.7 million during the month — up nearly 8% from USD 760 million in July 2024. Inflows from the United Arab Emirates rose 9% year-on-year to USD 665.2 million, compared to USD 611.2 million last year, though they fell 7% from June’s USD 717.2 million.
Remittances from the United Kingdom reached USD 450.4 million in July, representing a 2% increase year-on-year but a 16% decline compared to June. Inflows from the United States stood at USD 269.6 million, reflecting a 4% monthly drop and a 10% decrease from the same month last year.
The Ministry of Finance, in its monthly report, said the growth in remittances is expected to support imports of raw materials and intermediate goods, while aiding exports of value-added products. It cited stable exchange rates, steady global commodity prices, and improved foreign demand as factors likely to reinforce external sector stability.
In the previous fiscal year (2024–25), Pakistan recorded its highest-ever annual remittances at USD 38.3 billion, an increase of 26.6% or USD 8 billion compared to USD 30.3 billion in FY2023–24. The government credited the surge with helping maintain a surplus in the current account balance.
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