Pakistan’s overseas workers sent a record $41.6 billion in remittances during the fiscal year 2025-26. This is the highest annual amount ever received by the country, showing a strong 9 percent increase from $38.3 billion in the previous year.
According to the State Bank of Pakistan (SBP), remittances in June 2026 reached $3.475 billion. This was 2 percent higher than June last year but 18 percent lower than May due to seasonal Eid-related transfers. Despite the monthly dip, the full-year figure marks a major success.
Saudi Arabia remained the top source with $9.783 billion for the year, followed by the UAE at $8.807 billion and the UK at $6.326 billion. The European Union showed the fastest growth at 15 percent. Remittances from the United States, however, declined slightly by 3 percent.
These inflows provide vital support to Pakistan’s economy. They help build foreign exchange reserves, improve the current account balance, and support families back home. Strong remittances also reduce pressure on the Pakistani rupee by increasing dollar supply in the banking system.
Economists say overseas Pakistanis play a key role in stabilizing the economy during tough times. The record performance comes as the country continues reforms under the IMF program. It highlights the growing trust in formal banking channels for sending money.