Pakistan Receives $3.63 Billion in Remittances in July, Up 13% Year-on-Year

Pakistan Receives $3.63 Billion in Remittances in July, Up 13% Year-on-Year

Overseas Pakistanis sent $3.631 billion in remittances during July 2026, marking a robust 13% year-on-year increase and a 4.5% month-on-month rise, according to data released by the State Bank of Pakistan (SBP) . The strong inflows underscore the continued and growing contribution of the Pakistani diaspora to the national economy, providing crucial support to the country’s foreign exchange reserves and external account .

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Saudi Arabia retained its position as the largest source of remittances, contributing $914 million in July, which represents an 11% increase from the $824 million recorded in the same month last year . The United Arab Emirates followed with $737 million, while the United Kingdom and the United States contributed $555 million and $317 million, respectively . These figures demonstrate sustained strong inflows from Pakistan’s key overseas employment corridors .

Prime Minister Shehbaz Sharif has welcomed the substantial increase, describing the growth as “highly encouraging” and praising overseas Pakistanis for their consistent and positive contribution to the country’s economic stability . The July inflows follow a strong performance in the previous fiscal year, when workers’ remittances rose by 9% to $41.6 billion during FY26, compared with $38.3 billion in FY25 .

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