KARACHI — Pakistan received workers' remittances worth $3.89 billion in October 2026, registering an increase of 8.5% month-on-month and 13.8% year-on-year, according to data released by the State Bank of Pakistan (SBP) on Tuesday, November 10, 2026. Remittance inflows stood at $3.59 billion in September 2026 and $3.42 billion in October last year.

Source: The Karachi Post, reporting SBP data, Nov 10, 2026

On a cumulative basis, Pakistan received $14.76 billion in workers' remittances during the first four months of FY27, from July to October — up 14% from about $13 billion in the same period a year earlier. Remittances remain an important source of foreign exchange for Pakistan, supporting the country's external account, economic activity and household incomes.

Source: The Boardroom PK, reporting SBP data, Nov 10, 2026

$3.89 billionWorkers' remittances in October 2026 — yaani about 389 crore dollars (SBP)
+13.8%Rise on October 2025 ($3.42 billion); +8.5% on September 2026 ($3.59 billion)
$981.6 millionSent from Saudi Arabia in October, the largest single source (SBP via Karachi Post)
$14.76 billionTotal for July-October FY27, up 14% year-on-year

The Gulf sends the most — Saudi Arabia first, UAE second

Saudi Arabia remained the largest source of remittances, contributing $981.6 million in October, up 9.2% from $899.1 million in September and 17.2% from $837.7 million in the corresponding month last year. The United Arab Emirates ranked second, with inflows of $815.9 million, showing a 9% monthly increase and 16% annual growth; Dubai accounted for the largest share of UAE-based transfers at $677.8 million, followed by Abu Dhabi with $112.2 million.

Source: The Karachi Post, Nov 10, 2026

Together, Saudi Arabia and the UAE sent about $1.80 billion of the $3.89 billion total — roughly 46 cents of every remittance dollar. That is the Gulf workforce in the numbers: millions of Pakistanis, including large numbers from Punjab on both sides of the border, work in Saudi Arabia and the Emirates, and their monthly transfers are a lifeline for families at home and a pillar of Pakistan's foreign-exchange position while the region is living through the US-Iran war and Strait of Hormuz disruption.

Britain, the US and Europe follow

The United Kingdom retained third position, contributing $592.2 million, up 15% month-on-month and 18.7% year-on-year. Remittances from the United States increased to $328.9 million, registering growth of 7.6% over the previous month and 9.1% compared with October 2025. Inflows from European Union countries reached $460.9 million, up 2.9% month-on-month and 9.1% year-on-year.

Source: The Karachi Post, Nov 10, 2026

Last month, the SBP revised its projections for workers' remittances and foreign exchange reserves upward, citing stronger inflows and an improved outlook for the external account. Speaking at a press conference following the monetary policy announcement, SBP Governor Jameel Ahmed said remittance inflows had remained resilient during the first quarter of FY27 and were expected to exceed earlier estimates; he said Pakistan's remittances could reach $45 billion during the current fiscal year, up from the previous projection of $44 billion. A separate market estimate cited in reporting on Tuesday put the FY27 total at $44.7 billion.

Source: The Boardroom PK / The Asian Mirror, Nov 10, 2026

What is solid

  • Pakistan received $3.89 billion in workers' remittances in October 2026, up 13.8% year-on-year and 8.5% month-on-month, according to State Bank of Pakistan data reported by multiple Pakistani outlets on November 10.
  • Saudi Arabia ($981.6 million) and the UAE ($815.9 million) were the two largest sources in October, followed by the UK ($592.2 million), EU countries ($460.9 million) and the US ($328.9 million).
  • Cumulative July-October FY27 remittances were $14.76 billion, up 14% on the same period a year earlier.

What is only claimed

  • The $45 billion full-year figure is a projection by SBP Governor Jameel Ahmed, and the $44.7 billion figure is a market research estimate — neither is money already received, and both depend on Gulf employment and transfers holding up through the year.
  • One secondary report gave Saudi Arabia's year-on-year rise as 25%; the corridor figures themselves ($837.7 million to $981.6 million) work out to 17.2%, which is the figure used in this report.

What happens next: the SBP publishes each month's remittance data around the 10th of the following month, so the November figure will show whether the October pace holds into the winter. The number to watch is the Gulf share — if Saudi and UAE transfers stay near $1.8 billion a month combined, the $45 billion full-year projection stays within reach; a slowdown in Gulf work or transfers would show up here first.