BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)
Markets

Pakistan’s remittance inflow at $3.1bn in February 2025, up 3.8% month-on-month

  • Amount 38.6% higher when compared with $2.25 billion in February 2024
Published March 10, 2025 Updated March 10, 2025 11:32pm

Remittance inflow since Jan 2024

Figures in USD Billion


The inflow of overseas workers’ remittances into Pakistan stood at $3.1 billion in February 2025, 3.8% up than $3 billion in January 2025, the State Bank of Pakistan (SBP) data showed on Monday.

Remittances increased by 38.6% year over year, compared to $2.25 billion recorded in the same month last year.

Cumulatively, with an inflow of $24.0 billion, workers’ remittances increased by 32.5% during Jul-Feb, FY25 compared to $18.1 billion received during Jul-Feb, FY24.

Home remittances play a significant role in supporting the country’s external account, stimulating Pakistan’s economic activity as well as supplementing the disposable incomes of remittance-dependent households.

Breakdown of remittances

Overseas Pakistanis in Saudi Arabia remitted the largest amount in February 2025 as they sent $744.4 million during the month. The amount was up 2.21% on a monthly basis, and 37.88% higher than the $539.9 million sent by the expatriates in the same month of the previous year.

Inflows from the United Arab Emirates (UAE) rose by 4.94% on a monthly basis, from $621.5 million in January to $652.2 million in February. On a yearly basis, remittances jumped nearly 69.49%, as compared to $384.8 million reported in the same month last year.

Remittances from the United Kingdom amounted to $501.8 million during the month, up by 13.12% compared to $443.6 million in January 2025. YoY inflows from the UK improved by 45.03%.

Overseas Pakistanis in the US sent $309.4 million in February 2025, a MoM increase of 3.41%.

Comments

Comments are closed for this article.

Mubarek Ali Haidery Mar 10, 2025 08:25pm
Sir why this scheme not for private institution including arid university burewala
0
Junior Mar 10, 2025 11:58pm
Thank you very much
0