Overseas Pakistanis Send $3.3 Billion in Remittances in February 2026, Up 5%

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Pakistan received $3.3 billion in overseas workers’ remittances in February 2026, a 5.2 percent increase from $3.1 billion in February 2025.

However, on a month-on-month basis, remittance inflows declined by about 5 percent from $3.46 billion in January 2026.

According to data released by the State Bank of Pakistan, total remittances during the first eight months of fiscal year 2026 reached $26.5 billion, a 10 percent year-on-year increase.

Higher inflows from key overseas labor markets, including Saudi Arabia, the United Arab Emirates, and the United Kingdom, largely supported the growth.

Country-wise data shows the UAE remained the largest source of remittances in February 2026, contributing $686 million, a 6 percent increase from the same month last year. Inflows from Saudi Arabia declined by 8 percent year-on-year to $685 million.

Remittances from the United Kingdom rose by 7 percent to $532 million, while transfers from European Union countries increased by 15 percent to $395 million.

Meanwhile, inflows from the United States rose 3 percent to $319 million, while remittances from other regions increased 29 percent to $342 million.

Overall, remittances in February 2026 totaled approximately $3.288 billion, up from $3.127 billion a year earlier.

For the first eight months of FY26, remittances from the UAE increased to $5.44 billion, up 12 percent year-on-year, while inflows from Saudi Arabia reached $6.16 billion, up 5 percent year-on-year. Transfers from the United Kingdom and European Union countries also recorded strong growth of 13 percent and 23 percent, respectively.

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Syed Sadat Hussain Shah

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