Tuesday, Nov 10, 2026

Pakistan Receives $3.9 Billion in Remittances in October, Up 13.8% YoY

Pakistan Receives $3.9 Billion in Remittances in October, Up 13.8% YoY

Overseas Pakistanis sent $3.9 billion in October 2026, lifting total remittances to $14.8 billion during July–October FY27.

Pakistan received $3.9 billion in workers’ remittances during October 2026, marking a 13.8% increase compared with the same month last year, according to data released by the State Bank of Pakistan (SBP) on Tuesday.

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Remittance inflows also recorded month-on-month growth of 8.5% compared with September 2026. The increase reflects continued support from overseas Pakistanis and a rise in foreign currency transfers to the country.

During the first four months of the current fiscal year, from July to October FY27, workers’ remittances reached $14.8 billion. This represents a 14% increase from $13 billion received during the corresponding period of FY26.

Saudi Arabia remained Pakistan’s largest source of remittances in October, contributing $981.6 million. The United Arab Emirates (UAE) ranked second with inflows of $815.9 million.

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The United Kingdom contributed $592.2 million, while the United States sent $328.9 million during the month.

The latest figures underline the important role of overseas Pakistanis in supporting the country’s external sector. Strong remittance inflows also provide a significant source of foreign exchange and help meet Pakistan’s external financing needs.

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