Pakistan & Gulf Economist

Home Remittances (Facts & Figures)

Workers’ Remittances In Pakistan (Million US Dollars)
 I. Cash Flow May-21 Jun-21 FY21 Jul-21 Aug-21 Sep-21
2,490.6 2,688.0 29,370.9 2,707.2 2,657.5 2,669.7
USA 260.9 279.1 2,754.2 311.8 279.2 245.0
U.K. 365.0 375.8 4,067.1 392.9 352.8 370.2
Saudi Arabia 614.1 670.7 7,667.0 640.8 694.2 691.0
U.A.E. 512.4 543.8 6,114.0 530.6 512.3 502.0
Dubai 411.6 430.6 5,065.3 411.4 405.9 360.0
Abu Dhabi 91.9 100.4 944.7 111.4 99.9 136.0
Sharjah 7.7 11.1 79.4 6.6 5.3 4.5
Others 1.3 1.8 24.6 1.2 1.2 1.5
Other GCC Countries 261.5 298.2 3,309.9 293.8 289.2 297.7
Bahrain 35.8 39.1 464.7 40.6 40.8 42.9
Kuwait 65.0 79.9 858.6 77.4 74.8 79.8
Qatar 72.4 81.2 903.0 78.4 81.2 79.7
Oman 88.3 98.0 1,083.5 97.5 92.4 95.2
EU Countries 243.6 274.3 2,709.3 298.2 291.8 299.1
Germany 36.5 40.8 426.8 43.3 42.4 45.1
France 37.8 40.5 419.8 42.9 42.9 44.5
Netherland 4.7 4.6 47.8 5.5 4.7 4.5
Spain 36.3 40.3 401.8 45.3 44.8 45.0
Italy 53.4 66.9 600.8 74.5 76.7 77.4
Greece 27.6 30.8 273.7 31.6 31.4 32.1
Sweden 5.3 5.9 61.9 6.5 6.0 6.4
Denmark 6.4 6.1 71.8 7.1 5.4 6.1
Ireland 12.1 12.6 153.2 13.8 12.4 13.2
Belgium 23.5 25.8 251.8 27.5 25.1 24.7
Malaysia 16.7 12.8 203.7 11.0 10.7 11.6
Norway 9.1 11.3 111.0 10.3 10.8 13.2
Switzerland 3.4 3.4 40.9 4.3 3.9 3.3
Australia 46.6 51.1 593.5 51.9 57.8 71.8
Canada 63.2 60.8 586.0 57.4 51.3 53.7
Japan 5.5 6.7 84.9 7.2 5.9 6.6
Others Countries 88.6 99.9 1,129.5 96.8 97.6 104.4
 II. Encashment and Profit in Pak.Rs. of Foreign Exchange Bearer Certificates (FEBCs) & Foreign Currency Bearer Certificates (FCBCs) 0.0 0.0 0.0 0.0 0.0 0.0
 Total (I+II) 2,490.6 2,688.0 29,370.9 2,707.2 2,657.5 2,669.7

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World GDP And Trade Volume Growth (%)
Details 2019 2020 2021 2022
World GDP growth 2.8 -3.3 6.0 4.4
United States 2.2 -3.5 6.4 3.5
Euro Area 1.3 -6.6 4.4 3.8
United Kingdom 1.4 -9.9 5.3 5.1
China 5.8 2.3 8.4 5.6
Middle East and Central Asia 1.2 -2.9 3.7 3.8
World Trade Volume 0.9 -8.5 8.4 6.5
Source: IMF World Economic Outlook, April 2021
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