Pakistan posted a current account surplus of $2.1 billion during the fiscal year 2024–25, according to data released by the State Bank of Pakistan (SBP).
This marks a sharp improvement from the $2.07 billion deficit recorded in FY2023–24. According to AKD Securities, this is the country’s first current account surplus in 14 years.
The surplus was largely driven by a substantial increase in remittances, which surged to $38.3 billion during the year—reflecting a year-on-year growth of 27 percent.
In June 2025, Pakistan’s total exports (goods and services) stood at $3.33 billion—an increase of 8 percent compared to $3.09 billion in June 2024.
Meanwhile, SBP data showed that total imports during June 2025 amounted to $5.84 billion, reflecting a 1 percent year-on-year increase.
Worker remittances for the month reached $3.41 billion, representing a growth of over 8 percent compared to the same period last year.
Sluggish economic growth and elevated inflation played a key role in curbing the current account deficit, while improved export performance further supported the positive trend. High interest rates—though slightly reduced in recent months—and certain restrictions on imports also helped policymakers maintain the current account in a manageable position.
