Pakistan’s Remittances Rise to $3.2 Billion in September, Strengthening External Account Stability

October 9, 2025

Pakistan’s overseas workers sent $3.18 billion in remittances during September 2025, marking a 1.45% month-on-month (MoM) and a robust 11.3% year-on-year (YoY) increase, according to the latest data released by the State Bank of Pakistan (SBP).

During the first quarter of FY25 (July–September), total remittances reached $9.53 billion, up 8.4% compared to $8.8 billion in the same period of FY24. The consistent rise underscores the resilience of overseas inflows amid global economic challenges and currency adjustments.

Country-wise Breakdown:

• Saudi Arabia remained the largest source with $750.9 million, up from $736.7 million in August.
• United Arab Emirates (UAE) followed closely at $677.1 million, showing an increase from $642.9 million a month earlier. Within the UAE, Dubai contributed $510.9 million, while Abu Dhabi added $142.1 million.
• United Kingdom continued to be a major contributor with $454.8 million, while the European Union (EU) sent $423.5 million, slightly below August’s $432.7 million.
• Other GCC countries contributed $299.6 million, led by Oman ($103.3 million) and Qatar ($88.7 million).
• United States inflows stood at $269.0 million, maintaining stability month-on-month.
• Other notable sources included Australia ($90.5 million), Canada ($59.8 million), and South Africa ($24.8 million).

On a yearly basis, remittances rose by $324 million, driven mainly by higher inflows from Saudi Arabia, the UAE, and the UK.

Outlook:

The continued increase in remittances provides much-needed support to Pakistan’s external account and helps strengthen foreign exchange reserves amid IMF program discussions. Sustained inflows from the Gulf and Western economies remain a key stabilizing factor for the country’s balance of payments.