Pakistan's Foreign Remittances (FY 2021-22)

According to the State Bank of Pakistan (SBP), workers' remittances reached a record $31.27 billion in fiscal year 2021–22 (July–June), a 27% increase over the previous year's $24.66 billion.

Economic Impact

• Largest source of foreign exchange (exceeds exports).
• Supports PKR stability and foreign reserves.
• Finances critical imports (energy, food, medicine).
• Directly sustains millions of households.

Top Source Countries

• Saudi Arabia, UAE, UK, USA, GCC states, EU.

Remittances are a lifeline for Pakistan's balance of payments and household welfare.