Pakistani workers send record remittances of $ 3.1 bn in October 2024

Workers’ remittances recorded an inflow of US$ 3.1 billion during October 2024.
Regarding growth, remittances increased by 6.7 percent and 23.9 percent on an m/m and y/y basis, respectively.
Cumulatively, with an inflow of US$11.8 billion, workers’ remittances increased by 34.7 per cent during Jul-Oct FY25 compared to US$8.8 billion received during Jul-Oct FY24.
Remittance inflows during October 2024 were mainly sourced from Saudi Arabia ($766.7 million), the United Arab Emirates ($620.9 million), the United Kingdom ($429.5 million), and the United States of America ($299.3 million).

Sources: SBP