Pakistan recorded a modest current account surplus of $12 million in April 2025, a sharp decline from the revised $1.2 billion surplus reported in March, according to data released Friday by the State Bank of Pakistan (SBP).
On a year-on-year (YoY) basis, the surplus dropped by 96 percent compared to the revised figure of $315 million in April 2024. The steep decline is attributed primarily to a significant increase in the country’s import bill during the month.
Despite the slowdown in April, Pakistan’s current account has maintained a cumulative surplus of $1.88 billion in the first ten months of the current fiscal year (10MFY25), marking a notable improvement from the $1.34 billion deficit recorded during the same period last year.
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Exports of goods and services in April 2025 totaled $3.33 billion, reflecting a marginal 1.2 percent increase from $3.29 billion in April 2024. In contrast, imports surged to $6.14 billion—an annual increase of 15 percent—signaling heightened trade activity and external spending pressures.
