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Pakistan Remittances Rise to $3.2 Billion in September as Q1 Totals $9.5 Billion

State Bank data point to Saudi Arabia as the largest source with the UAE close behind, underscoring the role of Gulf labor markets in sustaining inflows.

Overview

  • September 2025 remittances reached $3.2 billion, up 11.3% year over year and 1% from August’s $3.1 billion, according to the State Bank of Pakistan.
  • Inflows for the first quarter of FY2026 totaled $9.5 billion, an 8% increase from $8.8 billion in the same period a year earlier.
  • Saudi Arabia led September sources at $759 million, followed by the UAE at $677.1 million, the UK at $454.8 million, and the US at $269 million.
  • The State Bank released the latest figures that are closely watched as a key source of foreign exchange resilience.
  • Finance advisor Khurram Shehzad noted the continued uptick and recalled total FY2025 remittances of $38.3 billion.