According to data released by the State Bank of Pakistan (SBP) on Friday, the country received $3.2 billion in remittances from overseas workers in April 2025.
This represents a 13.1% increase compared to the $2.81 billion received in April 2024. However, on a month-on-month (MoM) basis, remittances dropped by 22% from the $4.1 billion recorded in March.
Cumulatively, remittances rose 31% during the first ten months of the fiscal year (July–April FY25), reaching $31.2 billion—up from $23.9 billion in the same period of FY24.
Remittances continue to play a vital role in stabilizing Pakistan’s external account, boosting economic activity, and increasing disposable income for households that rely on overseas earnings.
Last month, SBP Governor Jameel Ahmad expressed optimism over the country’s external position, citing strong remittance inflows as a reason to expect a current account surplus for the entire fiscal year.
“This will be a substantial surplus and marks the best external account performance in the past two decades,” he stated.
Remittance Breakdown by Country
- Saudi Arabia: Pakistani expatriates sent $725.4 million in April, making it the highest source of remittances. This marks a 26% decline from March but a 2% increase compared to April 2024 ($712.2 million).
- United Arab Emirates (UAE): Inflows from the UAE stood at $657.6 million in April, down 22% from $841.9 million in March. However, this was a 21% increase year-over-year, compared to $542.5 million in April 2024.
- United Kingdom: Remittances from the UK dropped 22% MoM to $535.3 million (from $683.8 million in March), but were up 33% year-over-year.
- United States: Overseas Pakistanis in the US sent $302.4 million in April, a 28% decline compared to the previous month.