ISLAMABAD: Pakistan received $3.54 billion in workers’ remittances during April 2026, marking an 11.4 per cent year-on-year increase, according to data released by the State Bank of Pakistan on Monday.
The April inflows, however, declined 7.6 per cent compared to March 2026.
During the first ten months of FY26, total remittances rose 8.5 per cent to $33.86 billion, compared to $31.21 billion in the same period last year, reinforcing their continued role as a critical support for Pakistan’s external account and household incomes.
Saudi Arabia remained the largest source of remittances in April 2026, sending $842 million, up 16 per cent year-on-year despite an 8 per cent month-on-month decline.
Saudi Arabia continues to anchor Pakistan’s remittance inflows, reflecting the scale of Pakistani labour migration in the kingdom.
The United Arab Emirates followed with $735 million, showing a 13 per cent annual increase but an 11 per cent decline from March levels. Inflows from the United Kingdom stood at $564 million, slightly lower than the previous month.
Remittances from the United States amounted to $318 million, reflecting an 11 per cent monthly decline, while inflows from European Union countries reached $432 million, up 4 per cent from March.
Economists note that remittances have become increasingly vital for external account stability amid import pressures and elevated global energy prices.
Market analysts caution that concentration risk, particularly in Gulf inflows, remains a key vulnerability for Pakistan’s balance of payments outlook.
The inflow from the Kingdom of Saudi Arabia remained the largest source of remittances during the first ten months of the outgoing financial year. underscoring the continued importance of Pakistani workers employed in the country.
