KARACHI: Remittances sent by overseas Pakistanis recorded a significant increase in October 2026, bringing total inflows into the country to approximately $3.9 billion.
According to the State Bank of Pakistan (SBP), Pakistan received $3.89 billion in workers’ remittances in October 2026, representing a 13.8% increase compared with $3.42 billion received in October last year.
The data also showed an 8.5% increase in remittances compared with the $3.60 billion received in September 2026.
During the first four months of fiscal year 2027 (July–October), overseas Pakistanis sent a total of $14.8 billion to the country, marking a 14% increase compared with $13 billion received during the corresponding period of the previous fiscal year.
According to the SBP, remittances play a vital role in supporting the country’s external accounts, boosting economic activity and meeting the household expenses of families that depend on income sent from abroad.
Which Countries Sent the Highest Remittances to Pakistan?
According to data released by the State Bank of Pakistan, Pakistani nationals residing in Saudi Arabia sent the largest amount of remittances in October 2026, amounting to $982 million.
This represented a 17% increase compared with $838 million sent in October last year. On a month-on-month basis, remittances from Saudi Arabia also rose by 9% compared with $899 million received in September 2026.
Remittances from the United Arab Emirates (UAE) also recorded an increase. Overseas Pakistanis living in the UAE sent $816 million in October 2026, up 16% from $703 million received during the same month last year. These inflows also increased by 9% compared with September.
Pakistanis residing in the United Kingdom sent $592 million to Pakistan during October, compared with $499 million in the same month last year, representing a year-on-year increase of 19%.
Remittances from the United States stood at $329 million in October 2026, up 9% from $301 million received in October last year. The data also showed an 8% month-on-month increase in inflows from the US.
Similarly, Pakistan received $461 million in remittances from European Union countries during October 2026, compared with $448 million in September, reflecting a month-on-month increase of 3%.
