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Reading: Workers’ remittances increase by 33.6% to $14.8b in five months
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Baner Club > Blog > Ecnomics > Workers’ remittances increase by 33.6% to $14.8b in five months
Ecnomics

Workers’ remittances increase by 33.6% to $14.8b in five months

On year-on-year basis, workers’ remittances during November 2024 recorded an inflow of $2.9b

Last updated: 2024/12/10 at 4:42 PM
Published December 10, 2024
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According to figures released on Monday by the State Bank of Pakistan, worker remittances rose 33.6% in the first five months of the current fiscal year compared to the same period previous year.

In comparison to the $11.1 billion received in July-November 2023-24, the remittances from July to November 2024-25 totaled $14.8 billion.

In comparison to the same month previous year, workers’ remittances in November 2024 showed an influx of US$ 2.9 billion, representing a 29.1% improvement.

Saudi Arabia ($729.2 million), the United Arab Emirates ($619.4 million), the United Kingdom ($409.9 million), and the United States of America ($288.2 million) accounted for the majority of remittance inflows in November 2024.

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BanerClub December 10, 2024 December 10, 2024
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