Remittances in April 2026 reached $3.53 billion, showing an 11.4% increase compared to the same month last year, according to data released by the State Bank of Pakistan on Monday.
Despite the annual rise, remittances in April 2026 dropped by 7.6% compared to March, when overseas Pakistanis had sent $3.83 billion back home.
The central bank said total workers’ remittances during the first 10 months of FY26 climbed to $33.86 billion. This marked an 8% increase compared to the same period of the previous fiscal year.
Saudi Arabia remained the top source of inflows during the month. Pakistanis living in the kingdom sent $841.7 million in April. The United Arab Emirates followed with $734.7 million, while other Gulf countries contributed around $325 million.
Overall, Pakistan received nearly $1.9 billion from Middle Eastern countries during the month, reflecting the continued role of overseas workers in supporting the national economy.
Analysts said the slight monthly decline came after stronger inflows linked to Eid-related transfers in previous months. However, they added that the overall growth trend remained stable and encouraging.
Remittances in April 2026 also kept Pakistan on track toward its annual target of around $41 billion for FY26. The country had recorded nearly $38 billion in remittances during FY25.
Economists believe steady foreign inflows from overseas Pakistanis continue to provide support to the country’s foreign exchange reserves and overall economic stability.
