Pakistan Records Current Account Deficit of $139 Million in FY2025–26
Pakistan’s current account recorded a deficit of $139 million during fiscal year 2025–26 (FY26), according to the latest data released by the State Bank of Pakistan (SBP).
The latest figures mark a change from FY2024–25, when the country posted a current account surplus of $1.838 billion.
June 2026 Ends With Monthly Deficit
According to the SBP, Pakistan recorded a current account deficit of $649 million in June 2026.
For comparison:
- June 2025: Surplus of $220 million
- May 2026: Surplus of $500 million
The June figures contributed to the overall deficit recorded for the fiscal year.
Goods Exports Decline While Services Exports Increase
Official data shows that goods exports declined by approximately 5% during FY2025–26, falling to $30.8 billion from $32.3 billion in the previous fiscal year.
In contrast, services exports increased by 19%, reaching $10 billion, compared with $8.4 billion in FY2024–25.
Imports Continue to Rise
Pakistan’s goods imports increased by around 9% during FY2025–26, rising to $64 billion from $59 billion a year earlier.
Meanwhile, services imports grew by approximately 6%, reaching $11.9 billion, compared with $11.2 billion in the previous fiscal year.
Workers’ Remittances Show Annual Growth
Workers’ remittances remained a key source of foreign exchange during the fiscal year.
According to the SBP, overseas Pakistanis sent $41.5 billion in remittances during FY2025–26, representing an increase of about 9% compared with the previous year.
In June 2026, remittances totaled $3.475 billion. However, this represented an 18% decline compared with May 2026, when remittances stood at $4.25 billion.
The latest figures highlight mixed trends in Pakistan’s external sector, with higher imports and lower goods exports contributing to the current account deficit despite continued growth in services exports and workers’ remittances.
