Pakistan received $3.2 billion in remittances in November 2025, reflecting a 9.4% year-on-year increase, according to data from the State Bank of Pakistan. Despite this growth, inflows declined 7% compared to October 2025. During the first five months of fiscal year 2026, total remittances reached $16.1 billion, up 9.3% from the same period last year. Analysts attribute the rise in remittances to increased manpower exports, greater use of formal transfer channels, and government incentive schemes.
Remittances from Saudi Arabia and the United Arab Emirates remained the largest contributors, accounting for 45% of total inflows, while remittances from the European Union showed strong annual growth. These inflows continue to play a crucial role in supporting Pakistan’s economy, strengthening foreign reserves, and stabilizing the country’s external accounts.
