Overseas Pakistanis sent $3.892 billion in workers’ remittances during October 2026, recording an increase of 13.8% compared with the same month last year.
According to the State Bank of Pakistan (SBP), monthly inflows also increased by 8.5% compared with September, when the country received approximately $3.59 billion.
Cumulatively, workers’ remittances reached $14.767 billion during July-October FY27, representing a 14% increase from $12.956 billion received during the corresponding period of the previous fiscal year.
The increase in overseas transfers is providing support to Pakistan’s external account and adding to the country’s foreign exchange inflows.
Saudi Arabia Remains the Largest Source
Saudi Arabia remained the leading source of remittances in October, with overseas Pakistanis sending $981.6 million from the country.
The amount was 17% higher than the $837.7 million received in October 2025. Cumulative inflows from Saudi Arabia reached $3.668 billion during the first four months of FY27.
The United Arab Emirates (UAE) ranked second, contributing $815.9 million in October. This represented an increase of 16% compared with the same month last year.
Remittances from the UAE reached $3.052 billion during July-October FY27, compared with $2.689 billion in the corresponding period last year.
The United Kingdom also recorded strong growth, with inflows reaching $592.2 million in October, up 19% year-on-year. Its cumulative contribution increased to $2.227 billion during the first four months of the fiscal year.
Remittances from the United States and Europe
Overseas Pakistanis in the United States sent $328.9 million in October, compared with $301 million in the same month last year.
Cumulative inflows from the US reached $1.260 billion during July-October FY27, showing an increase of 14%.
Meanwhile, remittances from European Union countries stood at $460.9 million during October, compared with $422 million a year earlier.
The EU contributed a total of $1.866 billion during the first four months of the current fiscal year, registering 10% annual growth.
Other Gulf Cooperation Council (GCC) countries contributed $369.5 million in October, while remittances from other countries amounted to $343 million.
Pakistan Remittances by Country – October 2026
| Country / Region | October 2026 |
|---|---|
| Saudi Arabia | $981.6 million |
| United Arab Emirates | $815.9 million |
| United Kingdom | $592.2 million |
| European Union | $460.9 million |
| Other GCC Countries | $369.5 million |
| United States | $328.9 million |
| Other Countries | $343 million |
| Total Remittances | $3.892 billion |
Remittances Support Pakistan’s External Account
Workers’ remittances remain an important source of foreign exchange for Pakistan. These transfers help support household incomes, contribute to foreign currency availability and provide funds for the country’s external payments.
The latest figures show continued growth in formal remittance channels during the opening four months of FY27.
The State Bank of Pakistan has also raised its full-year remittance projection to $45 billion, reflecting expectations of continued inflows during the current fiscal year.
The performance of major overseas employment markets, exchange rate movements and the use of formal banking channels will remain important factors influencing future remittance trends.
