Workers’ remittances to Pakistan reached a record high of $38.3 billion in fiscal year 2025, reflecting a 26.6% year-on-year increase from $30.3 billion in FY24, the State Bank of Pakistan (SBP) said on Monday.
In June 2025 alone, remittances stood at $3.4 billion, marking a 7.9% increase compared to the same month last year. According to Topline Securities, “Pakistan’s remittances came at US$3.4bn in Jun 2025, up 8% year-on-year. This takes FY25 remittances to $38.3bn, up 27% YoY. FY25 marks the highest ever annual remittances received by Pakistan.”
Remittances have been on the rise, peaking at a record-breaking $4.1 billion in March, the highest single-month inflow ever recorded.
Analysts attributed this sharp rise to a combination of factors including economic recovery, stability in the exchange rate, and incentives introduced by both the government and the central bank.
“The country received a record $38.3 billion in remittances in FY25 — up 27%,” said Mohammed Sohail, CEO of Topline Securities.
