Remittances by overseas Pakistanis increased by 55 percent year-on-year (YoY) to $3.1 billion during February 2025 compared to $2.3 billion during February 2024, according to latest data by the State Bank of Pakistan (SBP).
On a month-on-month (MoM) basis, remittances were up by 4 percent compared to inflows of 3.0 billion reported in January 2025.
A breakdown of the numbers shows that the highest inflows were registered from Saudi Arabia, coming in at $744 million, followed by the United Arab Emirates (UAE) at $652 million, the United Kingdom (UK) at $501 million, European Union (EU) countries at $340 million, and the United States (US) at $309 million.
In 8MFY25, remittances increased by 32 percent YoY to $24 billion compared to inflows of $18.3 billion reported in 8MFY24.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
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Jurisdiction: Pakistan