Worker remittances rises to $3.6bn in July

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MG News | August 10, 2026 at 10:06 AM GMT+05:00

August 10, 2026 (MLN): Pakistan received workers' remittances of $3.63bn in July 2026, up 4.5% from $3.47bn in June 2026, and up 13% on a yearly basis from $3.21bn in July 2025, according to the latest data released by the State Bank of Pakistan (SBP).


On a historic one month basis, total remittances came in at $3.63bn, up from $3.21bn in SPLY.


Saudi Arabia retained the top position as the largest contributor to workers' remittances in July 2026, with inflows totalling $913.9m, up 10.2% from $829.7m in June 2026, and up 11% from $823.7m in July 2025.

The UAE remained in second place, with inflows of $737.3m, down 6.9% month-on-month from $792.2m in June 2026, but up 10.8% from $665.3m in July 2025. Within the UAE, Dubai contributed $575.5m, Abu Dhabi $135.4m, Sharjah $14.2m, and other emirates $12.2m.

The United Kingdom (UK) held on to third place, contributing $555.5m, up 7.9% from June's $514.9m, and up 23.4% from $450.3m in July 2025.

Remittances from the United States (USA) stood at $317.2m, up 7% from $296.4m in the previous month, and up 17.7% from $269.6m in July 2025.

Workers' remittances from European Union (EU) countries reached $462.1m, up 11.2% from May's $415.4m, and up 8.9% from $424.4m in July 2025. Among EU member states, Italy led with $142.5m, followed by Spain $82.8m, Germany $68.1m, Greece $51.3m, France $47.6m, Ireland $24m, Belgium $17.3m, Denmark $8.3m, Sweden $10.9m, and the Netherlands $9.3m.

Other GCC countries (excluding Saudi Arabia and UAE) contributed $336.1m, up 4.8% from the previous month, and up 13.5% from $296mn in July 2025. Key contributors included Oman $109.4m, Kuwait $77.7m, Qatar $98m, and Bahrain $51.1m.

Among other notable countries, Australia sent $83.3m, Canada $64.4m, South Africa $22.6m, Japan $6.7m, South Korea $9.9m, Norway $12.5m, Malaysia $13.5m, Switzerland $3.8m, and other countries contributed $92.4m.

Prime Minister Muhammad Shehbaz Sharif welcomed the strong performance of workers' remittances, saying the $3.6bn received in July was highly encouraging. He noted that remittances from overseas Pakistanis increased by 13% year-on-year during the month.

The Prime Minister commended overseas Pakistanis for their continued contribution to the country's economic stability and development, describing their sustained support through remittances as highly commendable.

Shehbaz Sharif said overseas Pakistanis are a valuable part of the national economic mainstream and appreciated their continued role in strengthening the economy.

 

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