Pakistan received $3.831 billion in remittances from overseas workers in March 2026, reflecting a 5% year-on-year (YoY) decline from $4.054 billion in March 2025. On a month-on-month (MoM) basis, however, inflows rose 17% from February’s $3.28 billion.
Data from the State Bank of Pakistan shows that during the first nine months of FY26 (9MFY26), remittances totaled $30.3 billion, up 8% YoY, fueled by strong inflows from Saudi Arabia, the UK, and UAE.
Country-specific figures for March 2026 show:
- Saudi Arabia: $918 million, down 7% YoY
- UAE: $824 million, down 2% YoY
- UK: $587 million, down 14% YoY
- US: $359 million, down 14% YoY
Despite recent growth driven by higher manpower exports and government incentives, authorities warns that the ongoing regional instability could negatively affect remittances in the near term.
During 9MFY26, cumulative inflows showed stronger trends:
- UAE: $6.267 billion, up 10% YoY
- Saudi Arabia: $7.086 billion, up 3% YoY
- UK: 8% YoY growth
- EU: 20% YoY growth
The data underscores that while long-term remittance trends remain positive, short-term inflows are vulnerable to geopolitical tensions and regional instability.
