Worker remittances rise 14% YoY in October 2026

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MG News | November 10, 2026 at 10:04 AM GMT+05:00

November 10, 2026 (MLN): Pakistan received workers’ remittances of $3.89bn in October 2026, up 8.5% from $3.59bn in September 2026 and up 13.8% on a yearly basis from $3.42bn in October 2025, according to the latest data released by the State Bank of Pakistan (SBP).


On a cumulative four-month basis (July-October FY27), total remittances came in at $14.76bn.


Saudi Arabia retained the top position as the largest contributor to workers’ remittances in October 2026, with inflows totalling $981.6m, up 9.2% from $899.1m in September 2026, and up 17.2% from $837.7m in October 2025.

The UAE remained in second place, with inflows of $815.9m, up 9.0% month-on-month from $748.5m in September 2026, and up 16.0% from $703.3m in October 2025. Within the UAE, Dubai contributed $677.8m, Abu Dhabi $112.2m, Sharjah $13.6m, and other emirates $12.3m.

The United Kingdom (UK) held on to third place, contributing $592.2m, up 15.0% from September’s $515.2m, and up 18.7% from $498.8m in October 2025.

Remittances from the United States (USA) stood at $328.9m, up 7.6% from $305.8m in the previous month, and up 9.1% from $301.4m in October 2025.

Workers’ remittances from European Union (EU) countries reached $460.9m, up 2.9% from September’s $447.7m, and up 9.1% from $422.3m in October 2025.

Among EU member states, Italy led with $136.3m, followed by Spain $83.8m, Germany $72.2m, Greece $50.3m, France $47.3m, Ireland $25.8m, Belgium $16.9m, Sweden $10.1m, the Netherlands $9.4m, and Denmark $8.8m.

Other GCC countries (excluding Saudi Arabia and UAE) contributed $369.5m, up 8.0% from the previous month and up 6.8% from $345.9m in October 2025. Key contributors included Oman $121.8m, Qatar $112.5m, Kuwait $82.0m, and Bahrain $53.2m.

Among other notable countries, Australia sent $103.3m, Canada $72.2m, South Africa $21.8m, Malaysia $14.4m, Norway $13.3m, South Korea $12.5m, Japan $7.6m, Switzerland $5.2m, and other countries contributed $92.5m.

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