Workers’ Remittances in November 2022

Karachi, December 14, 2022 (PPI-OT):1. Workers’ remittances recorded an inflow of US$2.1 billion during Nov 22.

2. During Nov 2022, remittances decreased by 4.8 percent on m/m and by 14.3 percent on y/y basis.

3. With cumulative inflow of US$ 12 billion during Jul-Nov FY23, the remittances decreased by 9.6 percent as compared to the same period last year.

4. Remittances inflows during Nov 2022 were mainly sourced from Saudi Arabia ($498 million), United Arab Emirates ($377.8 million), United Kingdom ($299.1 million) and United States of America ($229.4 million).

For more information, contact:
Chief Spokesman,
State Bank of Pakistan (SBP)
Central Directorate
I.I. Chundrigar Road, Karachi, Pakistan
Tel: +92-21-111-727-111
Tel: +92-21-39212562
Fax: +92-21-39212433 – 39212436
Email: chief.spokesperson@sbp.org.pk
Website: www.sbp.org.pk

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