Pakistan’s Remittances Rise 17% to $3.66 Billion in August 2026

Pakistan received $3.66 billion in workers' remittances in August 2026, up 17 percent from $3.14 billion in the same month last year, according to data published by the State Bank of Pakistan (SBP).

Key points

• While inflows from the United States rose 16 percent to $309 million, remittances from the European Union rose 15 percent to $496 million.
• During the first two months of FY27, Saudi Arabia contributed $1.79 billion, followed by the UAE with $1.49 billion and the UK with $1.12 billion.
• Saudi Arabia remained the largest source of remittances in August, contributing $873 million, up 19 percent from a year earlier.
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• Topline Research expects Pakistan's remittances to reach $43.7 billion in FY27.

Remittances additionally climbed 1 percent from $3.63 billion in July. The latest inflows took total remittances during the first two months of fiscal year 2027 to $7.29 billion, up 15 percent from $6.35 billion in the same period last year.

Saudi Arabia remained the largest source of remittances in August, contributing $873 million, up 19 percent from a year earlier. While inflows from the United Kingdom rose 22 percent to $564 million, the United Arab Emirates followed with $750 million, up 17 percent. Oil Sector Rejects Plan to Lower Diesel Cost.

While inflows from the United States rose 16 percent to $309 million, remittances from the European Union rose 15 percent to $496 million. Other Gulf countries contributed $327 million, up 8 percent from a year earlier.

During the first two months of FY27, Saudi Arabia contributed $1.79 billion, followed by the UAE with $1.49 billion and the UK with $1.12 billion. Remittances from all major regions were higher compared with the same period of the previous fiscal year.

Topline Research expects Pakistan's remittances to reach $43.7 billion in FY27. The forecast is in line with the State Bank of Pakistan's outlook. It expects remittances to rise to around $44 billion during the fiscal year. Stay Connected with ProPakistani.

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