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Pakistan’s economy received a strong boost in October 2025 as remittances from overseas Pakistanis surged to $3.4 billion, marking an 11.9% year-on-year increase, according to the State Bank of Pakistan (SBP). The inflows rose from $3.1 billion in October 2024 and $3.2 billion in September 2025, reflecting sustained confidence of expatriates in Pakistan’s financial system.
From July to October FY26, total remittances reached $13.0 billion, up from $11.9 billion in the same period last year, showcasing steady growth in foreign inflows despite global economic challenges.
Saudi Arabia remained the top source of remittances with $821 million, followed by the UAE ($698 million), the UK ($488 million), and the US ($290 million). Inflows from EU countries also climbed to $457 million, contributing significantly to Pakistan’s foreign exchange reserves.
An SBP official noted,
“The continued rise in remittances highlights overseas Pakistanis’ strong commitment to supporting their families and Pakistan’s economy, especially amid inflationary pressures.”
Analysts believe the uptick in remittances will help stabilize the rupee and strengthen Pakistan’s external accounts, offering fiscal relief and improving liquidity ahead of the winter import season.
