Pakistan’s Current Account Posts $103 Million Deficit in May 2025

Pakistan’s current account balance posted a deficit of $103 million in May 2025, down 56 percent compared to a deficit of $235 million in the same period last year, according to data released by the State Bank of Pakistan (SBP) on Tuesday. For the 11 months July-May 2024-25, the current account posted a surplus of $1.8 billion, an improvement from the deficit of $1.572 billion during the same period last year. Exports fell by 19 percent YoY to $2.4 billion compared to $3 billion last year. In 11 months, exports rose by 4 percent to $29.6 billion. Imports increased by 9 percent YoY in May 2025 to $5.4 billion compared to $5 billion last year. Meanwhile, imports surged by 11 percent to $54 billion in 11 months. Workers’ remittances surged by 14 percent to $3.6 billion in May 2025. In 11FY25, these remittances improved by 29 percent to $34.9 billion.