Pakistan has recorded a current account deficit of $254 million in July 2025, according to the latest data released by the State Bank of Pakistan (SBP).
This marks a significant shift from the current account surplus of $335 million recorded in June 2025. In July 2024, the country posted a deficit of $348 million.
During the month of July, total exports increased by 16.6%, reaching $3.49 billion compared to $2.99 billion in the same month last year. Exports also rose by 5% compared to $3.32 billion in June 2025.
However, total imports rose by 9.9% to $6.29 billion, up from $5.73 billion recorded in July 2024. Compared to the previous month, imports rose by 7.8%.
As a result, the trade deficit in goods and services widened by 2.6% year-on-year to $2.81 billion. On a month-on-month basis, the deficit grew by 11.4%.
The data also highlighted an increase in workers’ remittances, which grew by 7.3% in July to $3.21 billion compared to $2.99 billion in the same month last year. On a monthly basis, however, remittances decreased by 5.6% compared to $3.41 billion in June 2025.
