Pakistan’s remittances surge to $3.1bn in Feb

Pakistan’s remittance inflows reached a record $3.1 billion in February 2025, reflecting a remarkable 55 per cent year-on-year growth compared to February 2024.

This consistent increase highlights the crucial role of overseas Pakistanis in supporting the national economy. With major contributions from Saudi Arabia, the UAE, the UK, the EU, and the US, remittances have played a pivotal role in strengthening Pakistan’s foreign exchange reserves, reducing external
vulnerabilities, and fueling economic stability.

The cumulative remittances for JulFeb FY25 have surged by 32 per cent to $24 billion, underscoring the confidence of expatriates in Pakistan’s financial system.

Saudi Arabia led with $744 million, followed by the UAE with $652 million. The remittances from the UK, EU, and US stood at $501 million, $340 million, and $309 million, respectively.

The increase in remittances is connected to several factors which include improved digital financial services, which have made money transfers more efficient and secure.