Pakistan recorded $3.19 billion in workers’ remittances during November 2025, according to the latest data released by the State Bank of Pakistan (SBP). While the figure reflects a 6.75% month-on-month decline from October’s inflow of $3.42 billion, the trend remains positive on a yearly basis.
Compared to November 2024, when remittances stood at $2.92 billion, Pakistan witnessed a strong 9.4% year-on-year (YoY) growth, signaling sustained support from overseas Pakistanis despite global economic uncertainties.
Remittances Hit $16.15 Billion in First Five Months of FY26:
During July–November FY26, workers’ remittances reached $16.15 billion, up from $14.77 billion in the same period last year, marking a 9.33% YoY increase.
This continued rise highlights the crucial role of expatriate Pakistanis in supporting the country’s external sector and stabilizing foreign exchange reserves.
Saudi Arabia and UAE Lead Remittance Inflows in November 2025:
Saudi Arabia Remains Top Contributor:
Saudi Arabia maintained its position as the largest remittance source, sending $753.0 million in November 2025.
MoM change: ▼ 10.11%
YoY change: ▲ 3.26%
Despite the monthly decline, remittances from the KSA showed healthy annual growth, reaffirming the significant Pakistani workforce presence across the Gulf region.
UAE Ranks Second With $675 Million:
The United Arab Emirates emerged as the second-largest corridor, contributing $675.0 million:
MoM change: ▼ 4.01%
YoY change: ▲ 8.98%
Within the UAE, Dubai alone accounted for $567.0 million, reflecting its role as a major financial and employment hub for overseas Pakistanis.
UK Inflows Surge, While US Remittances Decline:
United Kingdom Shows Strong Growth:
Workers’ remittances from the UK reached $481.1 million, delivering a significant 17.38% YoY increase.
MoM change: ▼ 3.54%
The UK remains one of Pakistan’s most stable and high-growth remittance partners, supported by a large, well-established diaspora.
United States Records a Decline:
Inflows from the United States dropped to $277.1 million:
MoM change: ▼ 8.07%
YoY change: ▼ 3.86%
The decline reflects broader global economic pressures and evolving employment trends impacting overseas workers.
EU Remittances Lead With Highest YoY Growth:
Remittances from the European Union showed the strongest performance among major corridors, rising 28.81% YoY to $416.6 million.
Key contributors included:
Italy: $122.9 million
Spain: $72.4 million
The growth highlights increasing labor mobility and strengthening economic ties between Pakistan and the EU region.
Other GCC Countries See a Decline:
Other GCC nations (excluding Saudi Arabia and UAE) sent $298.8 million in November 2025:
MoM change: ▼ 13.61%
YoY change: ▼ 1.38%
The decline reflects softer employment demand and shifting workforce trends in several Gulf markets.
Outlook: Remittances Continue to Support Pakistan’s External Accounts:
Despite monthly fluctuations, Pakistan’s remittance inflows show strong annual growth, providing a vital buffer for the country’s economy amid ongoing fiscal and external challenges. With over $16.15 billion received in just five months, FY26 is shaping up to be a promising year for foreign inflows driven by overseas Pakistanis.