Pakistani expat remittances reach $3.5 billion in January, up 15.4pc YoY

Pakistani expat remittances reach $3.5 billion in January, up 15.4pc YoY

Business

Pakistani workers abroad sent $3.5 billion in remittances in January 2026, marking a 15.4% increase from last year, with Saudi Arabia, UAE, UK, and USA leading.

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ISLAMABAD (Dunya News) – The State Bank of Pakistan reported that remittances from overseas Pakistanis totaled $3.5 billion in January 2026, recording a 15.4% year-on-year increase.

From July 2025 to January 2026, remittances reached $23.2 billion, up 11.3% compared to $20.9 billion during the same period last year.

Key sources of inflows in January included Saudi Arabia ($739.6 million), UAE ($694.2 million), the UK ($572.1 million), and the USA ($294.7 million).

Economists say strong remittances provide a lifeline to Pakistan’s economy, supporting households and improving foreign exchange reserves.