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.