Pakistan posts $110m current account surplus in September on higher remittances

First-quarter deficit widens to $594m despite monthly improvement, SBP data shows

ISLAMABAD — Pakistan recorded a current account surplus of $110 million in September 2025, compared to a deficit of $52 million in the same month last year, according to data released by the State Bank of Pakistan (SBP) on Monday.

The improvement was driven by a sharp rise in remittance inflows, which reached $3.18 billion in September, up 11% year-on-year.

Exports of goods and services stood at $3.43 billion, reflecting a 5% increase from $3.28 billion recorded in the corresponding month last year. Imports, meanwhile, rose 6% to $6.02 billion.

During the first quarter of FY26, the current account registered a cumulative deficit of $594 million, compared to a deficit of $502 million in the same period last year, marking an 18% increase.

SBP data indicated that while low growth and high inflation have helped contain the deficit, higher exports and remittances contributed to the monthly surplus. Analysts noted that external sector pressures persist due to elevated import demand despite recent policy measures and improved inflows.

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