Thursday, December 26, 2024

Pakistan’s Manpower Export in 2024: Migration Trends, Key Destinations, and Economic Impact

In recent years, Pakistan's manpower export has been a crucial driver of economic stability, with millions of workers contributing through remittances. However, 2024 has seen a notable shift in this trend, with a slowdown in the number of migrant workers compared to 2023.

The Decline in Manpower Exports in 2024

As of November 2024, Pakistan's manpower export stood at 663,186, a significant drop from the record-breaking 862,625 in 2023. With one month remaining in the year, this gap highlights a shift in migration dynamics. Analysts attribute this decline partly to policy changes in visa issuance by a key friendly nation.

Top Destinations for Pakistani Migrant Workers

Despite the slowdown, Gulf Cooperation Council (GCC) countries remain the most popular destinations for Pakistani workers, with Saudi Arabia taking the lead.

Saudi Arabia:

Received 408,709 Pakistani workers in 2024.

Oman:

Welcomed 72,345 workers.

UAE:

Hosted 63,245 workers.

Saw 37,235 workers.

Bahrain:

Accommodated 22,455 workers.

The demand for Pakistani laborers and drivers remains strong, with laborers (329,126) and drivers (170,487) making up the majority of the migrant workforce.

Impact of Remittances on Pakistan’s Economy

While manpower exports declined, remittances saw a remarkable surge. By October 2024, overseas Pakistanis sent $11.8 billion in remittances, marking a 35% growth compared to the same period in 2023. The GCC region played a pivotal role in this growth, bolstering Pakistan’s foreign exchange reserves amid economic challenges.

The Future of Manpower Export in Pakistan

Despite the decline in 2024, analysts remain optimistic about Pakistan's manpower export potential. The country's workforce, renowned for its skills and adaptability, is poised to meet global demand if facilitated by improved visa policies and international agreements.

The slowdown in manpower export may signal challenges, but the consistent growth in remittances highlights the resilience and economic contribution of overseas Pakistanis. As the year comes to a close, policymakers must address barriers to migration while leveraging remittances to strengthen the national economy.

Habib Ur Rehman
Habib Ur Rehman
Habib Ur Rehman is a passionate writer with a deep interest in technology, business, and current affairs in Pakistan. With years of experience analyzing trends and developments, Habib delivers insightful articles that keep readers informed and empowered. His work focuses on simplifying complex topics, bridging the gap between innovation and everyday life. Whether it's breakthroughs in tech, economic shifts, or the latest happenings in Pakistan, Habib’s writing offers valuable perspectives to a diverse audience.

Related Articles

Latest Articles