Overseas Pakistanis send record $3.2 billion each month: SBP

Overseas Pakistanis boost the economy with record remittances, showing strong growth from key countries.

State Bank of Pakistan – (Special Correspondent / Web Desk) – The State Bank of Pakistan reported that in the first quarter of the current fiscal year, spanning July to September, remittances totaled $9.5 billion. This represents an 8.5% year-on-year increase, reflecting the continued commitment of overseas Pakistanis to support their families back home.

According to the SBP, remittances in September alone grew 11% compared to the same month last year, highlighting strong performance across all major sending countries.

Pakistanis living in Saudi Arabia contributed the largest share, sending home $750 million in September. The United Arab Emirates (UAE) ranked second, with $680 million in remittances.

From the United Kingdom, remittances reached $450 million, while Pakistanis in the United States sent $270 million during the same period.

Forex Rates in Pakistan Today US Dollar, Euro to PKR – 9 October 2025

These four countries — Saudi Arabia, UAE, the UK, and the US — continue to be the primary sources of remittance inflows, together accounting for a major portion of Pakistan’s foreign income.

Economists view the steady increase in remittance inflows as a positive sign for Pakistan’s external account stability. With a growth rate of 11% year-on-year in September and 8.5% in the quarter, the data signals consistent financial support from Pakistanis abroad, even amid global economic uncertainty.

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