Pakistan received $3.66 billion in workers’ remittances in August 2026, marking a 17 percent increase compared with $3.14 billion recorded in August 2025, according to data released by the State Bank of Pakistan (SBP).
Remittance inflows also recorded a monthly increase of 1 percent, rising from $3.63 billion in July 2026.
With the latest inflows, Pakistan’s total workers’ remittances during the first two months of Fiscal Year 2027 (FY27) reached $7.29 billion, representing a 15 percent increase from $6.35 billion received during the corresponding period of the previous fiscal year.
Saudi Arabia remained the largest source of remittances to Pakistan during August, sending $873 million, up 19 percent year-on-year.
The United Arab Emirates (UAE) ranked second with remittances of $750 million, reflecting a 17 percent increase from the same month last year.
Meanwhile, remittances from the United Kingdom (UK) increased by 22 percent to $564 million during the month.
Remittances from the European Union also recorded strong growth, rising 15 percent year-on-year to $496 million. Inflows from the United States increased 16 percent to $309 million.
Other Gulf countries contributed $327 million in remittances during August, up 8 percent compared with the previous year.
During the first two months of FY27, Saudi Arabia remained Pakistan’s largest source of workers’ remittances, contributing $1.79 billion.
The UAE followed with $1.49 billion, while the UK contributed $1.12 billion during the same period.
Remittance inflows from all major regions remained higher compared with the corresponding period of the previous fiscal year, highlighting continued growth in transfers from overseas Pakistanis.
Topline Research has projected that Pakistan’s workers’ remittances could reach $43.7 billion during FY27.
The forecast is broadly in line with the State Bank of Pakistan’s outlook, which expects remittance inflows to reach around $44 billion during the current fiscal year.
The sustained increase in remittances is expected to provide continued support to Pakistan’s external account and foreign exchange position as the country works to strengthen its economic stability.
