Overseas investors repatriate $1.1 billion in 5MFY25

December 18, 2024 (MLN): Foreign investors ' repatriation of profit and dividends rose 112.04% YoY in 5MFY25 to $1.13 billion compared to $532.34m worth of repatriation in the same period last year, the latest data issued by the central bank revealed.

The data further revealed that during the period, foreign companies repatriated $1.07bn worth of profit against the foreign direct investments (FDI) in various businesses compared to $491.45m in SPLY, marking an an increase of around 118.63% YoY in 5MFY25.

The outflow as payment against portfolio investment stood at $54.36m, compared with $40.89m in 5MFY25, witnessing a growth of 32.94% YoY from 5MFY24.

Meanwhile, in November 2024 alone, repatriation of profits and dividends by foreign firms stood at $321.58m.

Sector-wise:

Sectorial representation of the data shows that the major sectors that witnessed the highest repatriation include the Food, Financial Business, Power , Tobacco & Cigarettes and Petroleum Refining sectors.

Among these, the Food sector repatriated the highest profits of $246.94m in 5MFY25 to overseas.

The data further revealed that Profit outflows from the Financial Business sector clocked in at $160.33m.

Profits outflow from the Power sector increased significantly to $156.61m in 5MFY25.

The payments made on total foreign investment under the Tobacco & Cigarettes and Petroleum Refining sector stood at $95.63m and $82.21m respectively during the review period.

Country-wise:

A country-wise break up of data on repatriation of profit released by SBP revealed that firms and individual investors in the United Kingdom dispatched the single largest profit of $412.68m during 5MFY25, compared to $70.91m repatriated in the same period prior fiscal year.

To note, in the month of November alone, payments to United Kingdom stood at $120.84m.

The United States witnessed the repatriation of the second-highest profits as the country repatriated $142.59m abroad during 5MFY25, compared with $31.78m in 5MFY24.

Third in line was U.A.E which repatriated $139.98m from Pakistan, up as compared to the number during SPLY, when the country remitted $122.25m as profit income from Pakistan.

Next in line was China with a profit repatriation of $85.88m during the review period.

In November, United Kingdom held dominance with a repatriation worth $120.84m.

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