Workers’ Remittances slip to $3.2bn in November

 December 09, 2025 (MLN): Pakistan received workers’ remittances of $3.19 billion in November, down by 6.75% from October's $3.42bn, according to the latest data released by the State Bank of Pakistan (SBP).

However, against November 2024, when remittances stood at $2.92bn, the inflow in November 2025 reflects a YoY increase of about 9.4%.

During the first five months of FY26, total remittances reached $16.15bn, up from $14.77bn in the same period last year, showing a 9.33% YoY increase.

Country-wise breakdown shows that Saudi Arabia remained the largest contributor to workers' remittances in November 2025. Inflows from the Kingdom amounted to $753.0 million, although this represented a decline of 10.11% month-on-month. However, on a yearly basis, inflows from Saudi Arabia grew by 3.26%.

The United Arab Emirates (UAE) followed as the second-largest source, contributing $675.0 million in November. While this was a 4.01% drop compared to the previous month, it marked an 8.98% increase year-on-year. Notably, within the UAE, remittances from Dubai stood at $567.0 million.

Inflows from the United Kingdom (U.K.) showed robust growth, reaching $481.1 million. This depicts a substantial 17.38% jump compared to November 2024, despite a slight monthly dip of 3.54%.

Conversely, remittances from the United States (USA) saw a downward trend on both accounts. Inflows stood at $277.1 million, decreasing by 8.07% MoM and 3.86% YoY.

Regional and Other Inflows Remittances from European Union (EU) countries displayed the most impressive growth trajectory among major corridors. Inflows surged by 28.81% YoY to $416.6 million in November 2025. Among EU member states, Italy and Spain were significant contributors, sending $122.9 million and $72.4 million, respectively.

Other GCC countries (excluding Saudi Arabia and UAE) contributed $298.8 million, showing a decrease of 13.61% on a monthly basis and a marginal decline of 1.38% annually.

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