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Markets

Pakistan records $3.8bn in remittances for March 2026

  • During 9MFY26, remittances clock in at $30.3bn
Published Updated

The inflow of overseas workers’ remittances into Pakistan stood at $3.8 billion in March 2026, the State Bank of Pakistan (SBP) data showed on Wednesday.

Remittances increased by 16.5% on month-on-month basis and registered a decline of 5.5% on year-on-year basis.

Cumulatively, workers’ remittances increased by 8.2% to $30.3 billion during Jul-Mar FY26, compared to $28 billion received during the same period last year.

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

Also read: Pakistan receives $3.3bn in remittances in February 2026

Meanwhile, the government promotes remittances through incentives and formal channels to sustain steady growth and ensure their role in economic stability.

Breakdown of remittances

Overseas Pakistanis in Saudi Arabia remitted the largest amount in March 2026, sending $918.4 million. The amount was up 34% compared to the $685.51 million sent by the expatriates in February 2026.

Inflows from the United Arab Emirates rose by 18% on a montly basis, from $696.22 million in February to $823.67 million in March.

Remittances from the UK amounted to $587.27 million during March 2026, up by 10% compared to $532.11 million in February.

Overseas Pakistanis in the US sent $359.34 million in March, a monthly increase of 12% from $319.45 the last month.

Meanwhile, remittances from European Union (EU) countries clocked in at $413.78 million in March, recording a significant increase of 15% on a monthly basis from $395.47 million in February.

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