Workers' remittances rise 7% YoY in July to over $3bn

August 08, 2025 (MLN): Workers’ remittances to Pakistan continued their upward trajectory, rising by 7.36% YoY in July 2025 to $3.21 billion, compared to $2.99bn in July 2024, according to the latest data released by the State Bank of Pakistan (SBP).

However, on a month-on-month basis, remittance inflows slightly declined from $3.41bn in June 2025, reflecting typical seasonal fluctuations after Eid-related highs.

The strong start to FY26 came on the heels of a record-breaking FY25, during which Pakistan received a total of $38.3bn in workers' remittances, marking a significant 26.5% increase from $30.25bn in FY24. The surge signals improved formal channel flows, policy incentives, and economic stabilization efforts encouraging overseas Pakistanis to remit through legal channels.

Top Remittance Sources in July 2025

• Saudi Arabia remained the largest contributor, sending $823.7m, followed by the United Arab Emirates at $665.2m, with Dubai accounting for $456.8m of the total UAE inflow.

• The United Kingdom and European Union countries also recorded strong numbers, contributing $450.4m and $424.4m, respectively.

• The United States sent $269.6m, while other GCC countries, including Qatar ($83.6m), Oman ($106m), and Kuwait ($62.5m), collectively added $296 million.

  
  

  
  

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