Current account posts $139m deficit in FY26

July 17, 2026 (MLN): Pakistan's current account balance posted a deficit of $139 million in FY26 (Jul-Jun), against a surplus of $1.84bn in FY25, the latest data issued by the State Bank of Pakistan (SBP) revealed today.

During June alone, the current account balance stood at a deficit of $649m, compared to a surplus of $220m in June last year, while in May 2026, the current account had posted a surplus of $500m.

During June, total exports rose 8.0% to $3.55bn compared to $3.29bn in the same month last year, while they were up 11.1% against exports of $3.20bn in the previous month.

Total imports rose 19.5% to $7.08bn as compared to imports worth $5.92bn recorded in June last year. Compared to the previous month, imports rose 10.2%.

Accordingly, the trade deficit in goods and services widened 34.0% from a year ago to $3.53bn. On a monthly basis, it widened 9.2%.

Cumulatively, the trade deficit in FY26 was recorded at $35.51bn, when compared to the deficit of $29.64bn in FY25.

During FY26, exports rose 0.2% to $40.88bn compared to $40.79bn in FY25.

Imports rose 8.5% to $76.39bn in FY26 compared to $70.43bn in FY25.

The data further details that workers' remittances in June increased by 2.0% to $3.48bn as against $3.41bn in June 2025; while on a monthly basis, remittances fell 18.3% as compared to $4.25bn in the previous month.

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