Karachi:
Pakistan received $ 3.21 billion in workers’ money transfers in July 2025, reflecting an increase of 7.4% from year to year from $ 2.99 billion in July 2024 thanks to over 2 million economic migrants seeking employment abroad due to their disillery with the country’s political and economic situation.
The influx also showed a significant 47.6% jump compared to July 2023, which highlighted a strong rebound in overseas worker transfers in the last two years, according to preliminary data released by the State Bank of Pakistan (SBP).
Growth was mainly driven by higher influx from Saudi -Arabia, the United Kingdom, the United Arab Emirates (UAE) and the European Union (EU). However, despite the overall improvement, the data reveals remarkable decreases in several important transfer corridors, signaling new vulnerabilities to Pakistan’s external report.
Gulf Cooperation Council (GCC) region continued to be Pakistan’s largest source of transfers. Saudi Arabia topped the list of $ 823.7 million in July, an increase of 8.4% yoy from $ 760.1 million. The UAE followed with $ 665.2 million and rose 8.8% yoy, with Abu Dhabi flow, waving 37%. However, Dubai registered a 3.1% fall and dropped to $ 456.8 million from $ 471.6 million the year before. Other GCC countries contributed $ 296 million, a modest increase of 2.6%. Within this group, Oman rose 7.1%, while Kuwait placed a decrease of 11.1% to $ 62.5 million. These figures emphasize GCC’s continued dominance in Pakistan’s transfer profile, but also highlights the intra-regional volatility.
The United Kingdom sent $ 450.4 million in July, slightly with 1.6% yoy. The European Union collectively contributed $ 424.4 million, a 21% increase, with remarkable winnings from Italy (+23.6% to $ 130 million), Spain (+35.7% to $ 72.7 million) and Ireland (+48% to $ 19.4 million).
Not all regions that were divided into growth. Several important sources of transfer experienced double -digit falls. The United States fell 10.2% Yoy to $ 269.6 million from $ 300.1 million. Malaysia fell 17% to $ 13.4 million. Japan fell 7.5% to $ 4.5 million, while South Korea fell 9.7% to $ 9 million. Kuwait also recorded a decrease of 11.1% to $ 62.5 million. Such drops relate to given the dependence of pakistan’s dependence on a handful of large transfer corridors.
While July’s total number is encouraging, the data exposes more structural challenges for Pakistan’s transfer flow. The country remains strongly dependent on a few markets with Saudi Arabia, UAE, UK and the United States alone, accounting for over two-thirds of the total influx. Any economic downturn, political change or employment in these countries can have a serious impact on Pakistan’s transfer income. Intra-regional divergence within GCC, such as Dubai’s decline along with Abu Dhabi’s increase, shows how labor demand and earnings can vary widely even in the same region. The decrease in 10% from the United States is particularly significant considering its status as the fourth largest source, which is potentially linked to increasing living costs for migrants, changes in job markets, or greater use of informal channels. Weakness in East Asia, especially Japan, South Korea and Malaysia, may reflect stagnation or loss of competitiveness for Pakistani labor in these markets, possibly due to competition from other migratory-setting countries. Furthermore, GCC transfer strength is often tied to oil revenue and related employment; Any sustained fall in crude prices or tightening of the work legislation in the Gulf can attenuate influx.
Economists say that although the annual growth of 7.4% in July is a positive signal, Pakistan must work to diversify his transfer base. Trusting so strongly on a few countries is risky. The government has to invest in workers’ gills to protect and improve this important source of currency. SBP’s monthly collapse also shows that Julien’s influx was over FY26 monthly average of $ 3.19 billion, suggesting a strong start to the financial year.
Pakistan registered his tallest ever July Workers’ transfer flow to $ 3.21 billion, according to ARIF HABIB LIMITED. The historical figure also reflects a strong improvement from the dip witnessed in FY23, when overseas Pakistanis sent several funds through formal channels, supported by stable exchange rates, seasonal EID-related influx and improved bank facilitation.
