ISLAMABAD: Saudi Arabia emerged as the leading source of remittances to Pakistan in July, with total inflows reaching $3.2 billion—an increase of 7.4 percent compared to the same month last year, the State Bank of Pakistan (SBP) said on Friday.
Remittances remain a vital component of Pakistan’s external finances, offering much-needed foreign currency that supports household spending, helps reduce the current account deficit, and strengthens foreign exchange reserves.
A steady flow of funds from Gulf countries—particularly Saudi Arabia and the UAE—continues to play a critical role in stabilising Pakistan’s balance of payments.
“Workers’ remittances recorded an inflow of $ 3.2 billion during July 2025,” the central bank said in a statement.
During July 2025, workers’ remittances recorded an inflow of US$3.2 billion, showing an increase of 7.4 percent over July 2024. https://t.co/rPOvn9CTjf#SBPRemittances pic.twitter.com/gIvrW9R2nB
— SBP (@StateBank_Pak) August 8, 2025
Breakdown of remittances
Overseas Pakistanis based in Saudi Arabia sent the highest amount of remittances in July 2025, contributing $823.7 million. This marked a nearly 8% increase compared to the $760 million sent during the same month last year.
Inflows from the United Arab Emirates (UAE) rose 9% year-on-year, reaching $665.2 million in July, up from $611.2 million in July 2024. However, on a monthly basis, remittances from the UAE fell 7% compared to the $717.2 million recorded in June 2025.
Remittances from the United Kingdom totalled $450.4 million in July, reflecting a 16% month-on-month decline from $537.6 million in June. Year-on-year, however, inflows from the UK posted a modest 2% increase.
From the United States, overseas Pakistanis sent $269.6 million, representing a 4% drop month-on-month and a 10% decrease year-on-year.
