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 released by the State Bank of Pakistan (SBP).
Remittances also increased 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. The United Arab Emirates followed with $750 million, up 17 percent, while inflows from the United Kingdom increased 22 percent to $564 million.
Remittances from the European Union rose 15 percent to $496 million, while inflows from the United States increased 16 percent to $309 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, which expects remittances to rise to around $44 billion during the fiscal year.
