Pakistan received nearly $3.9 billion in workers’ remittances in October 2026, with inflows rising both year-on-year and month-on-month, according to data released by the State Bank of Pakistan (SBP) on Tuesday.
Overseas Pakistanis sent $3.89 billion during the month, compared with $3.42 billion in October last year, marking an increase of 13.8 percent. Inflows were also 8.5 percent higher than the $3.6 billion received in September.
The latest figures take cumulative remittances for the first four months of FY27 to $14.8 billion, up 14 percent from $13 billion recorded during the same period last fiscal year.
Saudi Arabia remained Pakistan’s largest source of remittances in October, with overseas workers sending home $982 million. This was 17 percent higher than the $838 million received from the country in October 2025. Inflows also increased 9 percent from $899 million in September.
The United Arab Emirates was the second-largest contributor, sending $816 million during the month. This represented a 16 percent year-on-year increase from $703 million, while inflows were also up 9 percent from September’s $749 million.
Remittances from the United Kingdom reached $592 million, up 19 percent from $499 million a year earlier.
Meanwhile, overseas Pakistanis in the United States sent $329 million, compared with $301 million in October last year, marking an increase of 9 percent. Inflows from the US were also 8 percent higher than the $306 million recorded in September.
European Union countries collectively contributed $461 million in October, up 3 percent from $448 million in the previous month.
The continued growth in remittances is providing support to Pakistan’s external account, while also helping households that rely on money sent by family members working abroad.
The SBP has also raised its outlook for remittance inflows in the current fiscal year. Speaking at a press conference last month, Governor Jameel Ahmad said inflows had remained resilient during the first quarter of FY27 and were expected to exceed earlier estimates.
The central bank now expects workers’ remittances to reach $45 billion during FY27, compared with its previous projection of $44 billion.
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