STATE BANK OF PAKISTAN

Statistics & DWH Department

COUNTRY-WISE WORKERS' REMITTANCES
(Provisional)
(Million US Dollar)
July-June
June May June
Country Amount YoY growth (percent)
2022 2022 2021 FY22 FY21 FY20* FY22 FY21
I. Cash* 2,761.1 2,332.6 2,714.2 31,237.5 29,449.9 23,132.3 6.1 27.3
1. USA 284.7 232.9 246.2 3,081.6 2,599.6 1,742.8 18.5 49.2
2. U.K. 454.9 354.4 381.0 4,486.8 4,091.0 2,569.0 9.7 59.2
3. Saudi Arabia 666.4 541.9 686.2 7,743.3 7,726.3 6,613.5 0.2 16.8
4. UAE 494.7 435.0 557.4 5,841.8 6,164.8 5,611.8 (5.2) 9.9
Dubai 375.9 332.1 444.0 4,555.4 5,116.0 4,768.2 (11.0) 7.3
Abu Dhabi 110.9 97.4 100.6 1,206.8 944.8 810.4 27.7 16.6
Sharjah 5.9 3.6 11.1 59.8 79.4 25.1 (24.6) 216.2
Other 2.0 2.0 1.8 19.8 24.6 8.1 (19.6) 206.1
5. Other GCC Countries 323.3 269.3 303.9 3,622.5 3,331.6 2,910.2 8.7 14.5
Bahrain 45.9 39.1 40.2 528.4 470.8 417.1 12.2 12.9
Kuwait 85.3 67.0 81.3 934.4 861.6 738.6 8.5 16.6
Qatar 93.6 76.6 83.3 1,028.1 910.7 760.2 12.9 19.8
Oman 98.5 86.7 99.2 1,131.5 1,088.6 994.3 3.9 9.5
6. EU Countries 284.3 270.1 276.1 3,361.0 2,728.6 1,778.5 23.2 53.4
Germany 42.5 41.5 41.4 508.5 431.9 392.2 17.7 10.1
France 40.0 38.0 40.6 487.7 422.7 240.4 15.4 75.8
Netherland 5.3 5.0 4.7 60.6 48.0 65.7 26.5 (27.0)
Spain 45.7 43.3 40.5 512.6 402.2 329.7 27.5 22.0
Italy 75.6 68.8 66.6 856.7 606.9 361.3 41.2 68.0
Greece 30.9 30.2 30.8 364.9 273.9 145.1 33.2 88.8
Sweden 7.0 6.0 6.2 79.0 63.0 44.9 25.3 40.5
Denmark 6.0 5.2 6.2 70.8 72.2 45.3 (1.9) 59.3
Ireland 11.9 12.8 13.3 160.2 155.9 75.4 2.7 106.7
Belgium 19.5 19.2 25.8 260.0 252.0 78.6 3.2 220.7
7. Malaysia 12.0 10.9 13.5 144.2 205.1 226.5 (29.7) (9.4)
8. Norway 11.1 11.0 11.5 145.7 111.8 69.7 30.4 60.4
9. Switzerland 3.4 3.1 4.4 45.5 44.2 31.1 2.9 42.1
10. Australia 57.6 54.6 52.3 752.3 598.0 339.8 25.8 76.0
11. Canada 58.4 52.0 63.8 705.7 594.8 313.4 18.6 89.8
12. Japan 7.6 5.7 6.8 78.1 85.2 66.4 (8.4) 28.3
13. Other Countries 102.6 91.7 111.0 1,228.8 1,169.0 859.6 5.1 36.0
Encashment and Profit in Pak.Rs. of
Foreign Exchange Bearer
II. Certificates (FEBCs) & Foreign - - - - - - - -
Currency Bearer Certificates
(FCBCs)
TOTAL 2,761.1 2,332.6 2,714.2 31,237.5 29,449.9 23,132.3 6.1 27.3

MONTH-WISE WORKERS' REMITTANCES (Million US Dollar)

YoY growth (percent)
Monthly Cash Inflow (including FEBCs & FCBCs) FY22 FY21 FY20
FY22 FY21
July 2,736.1 2,765.0 2,028.3 (1.0) 36.3
August 2,682.6 2,096.2 1,684.0 28.0 24.5
September 2,779.9 2,285.0 1,740.3 21.7 31.3
October 2,628.6 2,284.1 2,001.2 15.1 14.1
November 2,459.7 2,332.1 1,821.5 5.5 28.0
December 2,520.4 2,421.7 2,097.1 4.1 15.5
January 2,180.4 2,268.7 1,907.0 (3.9) 19.0
February 2,196.2 2,260.3 1,824.8 (2.8) 23.9
March 2,834.8 2,723.2 1,904.7 4.1 43.0
April 3,125.1 2,792.6 1,785.1 11.9 56.4
May 2,332.6 2,506.7 1,865.2 (6.9) 34.4
June 2,761.1 2,714.2 2,473.3 1.7 9.7
Jul-Jun 31,237.5 29,449.9 23,132.3 6.1 27.3
Monthly average 2,603.1 2,454.2 1,927.7 6.1 27.3
R: Revised
Note: Data for the period Jan-Mar FY22 has been revised as per BoP revision policy. The data of Workers’ Remittances includes the conversions related to current transfers from Roshan Digital Accounts since September
2020.
* Data is based on original country of remitter from July,2019. The details of country wise revisions are available at:
http://www.sbp.org.pk/departments/stats/AdvanceNotice.pdf
… Negligible amount

Contact Person: Muhammad Ali Shah

Designation: Sr. Joint Director
Phone: 021-32453988 and 021-99221900
Email: muhammadali@sbp.org.pk
For Feedback: http://www.sbp.org.pk/stats/survey/index.asp