Pakistan’s current account deficit – when a country’s imports of goods, services, and capital are greater than its exports, leading to a negative balance of payments – has widened to $733 million during the first four months of the current fiscal year 2025-26.
According to data released by the State Bank of Pakistan (SBP) and compiled by Arif Habib Limited, it marks a significant increase as compared to a deficit of $206 million recorded in the same period last year.
In October 2025 alone, the country posted a current account deficit of $112 million, reversing the trend from a surplus of $296 million in October 2024 and a surplus of $83 million in September 2025.
The data shows that exports of goods in October 2025 stood at $2.75 billion – down 9% as compared to last year, while imports of goods rose 13% to $5.27 billion.
The balance on trade in goods recorded a deficit of $2.53 billion for the month whereas exports of services increased by 18% to $826 million.
Imports of services rose 13% to $1.05 billion, data showed.
Workers’ remittances reached $3.42 billion in October 2025, up 12% year-on-year, while the balance on secondary income also improved by 14% to $3.55 billion.