Workers’ remittances grew by more than 9 percent during the first five months of the current fiscal year (FY26), the State Bank of Pakistan (SBP) reported on Tuesday.
Pakistan received $16.14 billion in remittances during July to November of fiscal year 2026 (FY26), compared to $14.76 billion in the same period of the previous fiscal year. This reflects an increase of 9.3%, or $1.3 billion.
According to State Bank data, most major remittance-sending countries showed improvement, except the United States. The United Arab Emirates and European countries recorded the highest increases.
Remittances from the UAE rose by 14%, reaching $3.36 billion, up from $2.95 billion last year. Remittances from European countries increased by 19.4%, rising to $2.12 billion. Saudi Arabia remained the largest source of remittances, sending $3.9 billion in the first five months of the fiscal year—an increase of 7%.
On an annual basis, remittances in November 2025 increased by 9.4%, reaching $3.2 billion, compared to $2.9 billion in November 2024. On a monthly basis, however, remittances in November fell by 6%, standing at $3.2 billion, compared to $3.42 billion in October 2025.
In November 2025, Saudi Arabia accounted for the largest share of remittances at $753 million, followed by the UAE with $675 million, the United Kingdom with $481.1 million, and the United States with $277.1 million.
