In a remarkable show of support from overseas Pakistanis, remittance inflows surged to a record-breaking $38.3 billion in FY25, according to data released by the State Bank of Pakistan. This marks a 27% increase compared to $30.3 billion in FY24 — a difference of $8 billion, showcasing the resilience of Pakistanis abroad during economically challenging times.
The month of June 2025 alone saw remittances of $3.406 billion, up 8% from June 2024, although slightly down from May 2025. Country-wise, Saudi Arabia remained the top contributor for the full fiscal year, sending $9.345 billion, followed by the UAE ($7.869 billion), the UK ($5.905 billion), and the US ($3.720 billion).
Other notable figures include:
- European Union: $4.543 billion (+29% YoY)
- GCC Countries (excluding KSA & UAE): $3.712 billion (+17%)
- Other regions: $3.244 billion (+28%)
While monthly comparisons showed slight fluctuations, the overall trend points to growing trust in Pakistan’s financial system and a stronger link between overseas workers and their homeland.
“Record remittances when most needed — overseas workers stepped up,” said Muhammad Sohail, CEO of Topline Securities, highlighting the vital role this income plays in macroeconomic stability. Pakistan and Bangladesh both hit new records in FY25, indicating broader regional momentum in foreign inflows.
