Pakistan received $3.2 billion in workers’ remittances in April 2025, according to fresh data from the State Bank of Pakistan (SBP) released on Friday.
Although this marks a 13.1% increase compared to $2.81 billion in April 2024, it’s a 22% drop from the $4.1 billion received in March — a month that saw record-breaking inflows.
For the first ten months of the fiscal year (July to April FY25), total remittances surged to $31.2 billion, up 31% from $23.9 billion during the same period last year. This jump underscores the crucial role of remittances in stabilizing Pakistan’s external account and supporting household incomes.
Prime Minister Shehbaz Sharif praised the robust growth, calling it a reflection of overseas Pakistanis’ commitment to the country and their trust in its economic policies. “Reaching $31.2 billion in just ten months is historic,” he said, emphasizing the vital contribution of the expatriate community to Pakistan’s economic resilience.
April’s remittance inflows were led by Saudi Arabia, which sent $725.4 million, followed by the UAE with $657.6 million. The UK contributed $535.3 million, and the US added $302.4 million, maintaining their positions as Pakistan’s top remittance sources.
March 2025 was particularly noteworthy, as remittances soared to $4.1 billion — the highest ever in a single month. This represented a 37.3% year-on-year increase and a nearly 30% rise from February, fueled largely by seasonal inflows during Ramadan and Eid, according to Mustafa Mustansir, Director of Research at Taurus Securities.
While April’s numbers dipped from March’s peak, the overall trend remains strong, positioning FY25 as a record-breaking year for remittances and a critical lifeline for Pakistan’s economy.
