Saudi Arabia Tops August Remittances, Monthly Inflows Reach $3.1 Billion

Tue Sep 09 2025
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Key Points

  • Remittances mark a 6% YoY and 5.1% MoM rise.
  • Saudi Arabia led with $736.7m, followed by the UAE ($642.9m), UK ($463.4m)
  • Cumulative inflows (Jul–Aug FY26) reached $6.4b, up 7% YoY.
  • In FY25, remittances hit a record $38.3b, up 4% from $30.3b in FY24.

ISLAMABAD: Saudi Arabia remained the largest source of remittances to Pakistan in August 2025, sending $736.7 million of the $3.1 billion total received during the month, the State Bank of Pakistan (SBP) said in its latest release.

“Workers’ remittances recorded an inflow of $3.1 billion during August 2025,” the SBP noted in its Monday release, adding that inflows grew 6.6 per cent year-on-year compared to August 2024, and 5.1 per cent month-on-month from July 2025.

The central bank reported that inflows were led by Saudi Arabia, followed by the United Arab Emirates ($642.9 million), the United Kingdom ($463.4 million), and the United States ($267.3 million). Other contributions included $211.6 million from EU countries and $185.1 million from other GCC states.

Workers’ Remittances – August 2025 (USD million & % change)Remittances

Country / Region

August 2025

July 2025

August 2024

MoM % Change

YoY % Change

Saudi Arabia

736.7

697.8

666.5

+5.6%

+10.5%

United Arab Emirates

642.9

589.3

603.4

+9.1%

+6.5%

United Kingdom

463.4

442.7

429.1

+4.7%

+8.0%

United States

267.3

254.5

255.0

+5.0%

+4.8%

GCC (ex-KSA & UAE)

185.1

178.6

172.4

+3.6%

+7.4%

European Union

211.6

203.2

198.7

+4.1%

+6.5%

Other Countries

593.0

582.0

540.9

+1.9%

+9.6%

Total

3,100.0

2,948.1

2,865.9

+5.1%

+6.6%

                                                                                                                           Source: State Bank of Pakistan (SBP)

Cumulatively, workers’ remittances during the first two months of the current fiscal year (July–August FY26) amounted to $6.4 billion, showing a 7.0 percent increase from $5.9 billion recorded in the same period last year.

Annual Comparison – FY25 vs FY24Remittances

In the previous fiscal year (FY25), Pakistan received a record $38.3 billion in remittances, compared to $30.3 billion in FY24, reflecting a sharp 26.4 percent year-on-year increase.

Country / Region

FY25 (USD bn)

FY24 (USD bn)

YoY % Change

Saudi Arabia

9.34

7.55

+23.7%

United Arab Emirates

7.83

6.14

+27.5%

United Kingdom

5.99

4.78

+25.3%

United States

3.72

3.03

+22.8%

GCC (ex-KSA & UAE)

3.71

2.88

+28.8%

European Union

3.53

2.92

+20.9%

Other Countries

4.18

3.00

+39.3%

Total

38.30

30.30

+26.4%

                                                                             Source: State Bank of Pakistan (SBP)

Remittances have become a vital component of Pakistan’s external accounts, supporting household consumption, narrowing the current account gap, and shoring up foreign exchange reserves. The SBP highlighted that consistent inflows from Gulf economies remain crucial to Pakistan’s balance of payments stability.

The steady flow of remittances functions as a stabiliser for Pakistan’s fragile economy, helping millions of households manage rising expenses while giving policymakers breathing space amid tight external financing conditions.

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