Pakistan records $245m Current Account Deficit in August

September 18, 2025 (MLN): Pakistan’s current account recorded a deficit of $245 million in August 2025, compared to a deficit of $379 million in July 2025, reflecting a 36% month-on-month (MoM) improvement.

On a yearly basis, the deficit widened sharply from $82 million in August 2024, marking a 198% year-on-year (YoY) increase.

The narrowing on a MoM basis suggests some easing in external outflows, while the steep YoY rise highlights persistent external sector pressures.

On a cumulative basis, the current account deficit reached $624m in FY26 (July–August), or 45% higher than the $430m deficit recorded in the same period of FY25.

During August, total exports rose by 4.0% to $3.18bn compared to $3.06bn in the same month of last year. While it fell 9.3% as against the exports of $3.5bn in the previous month.

Total imports rose 7.1% to $6.09bn as compared to the imports worth $5.69bn recorded in August of last year. Compared to the previous month, imports fell 5.0%.

Accordingly, the trade deficit in goods and services rose 10.8% from a year ago to $2.91bn. On a monthly basis, it widened 0.2%.

Cumulatively, the trade deficit in 2MFY26 was recorded at $5.82bn, a rise of 8.5% when compared to the deficit of $5.36bn in 2MFY25.

During the first 2 months of current fiscal year, exports rose 10.5% to $6.68bn compared to $6.05bn in the same period last year.

Imports rose 9.6% to $12.5bn in 2MFY26 compared to $11.41bn in the same period last year.

The data further details that the workers' remittances in August increased by 6.6% to $3.14bn as against $2.94bn in August 2024; while on a monthly basis, the remittances went down by 2.4% as compared to $3.21bn in the previous month.

Cumulatively in 2MFY26, workers' remittances were recorded at $6.35bn as compared to $5.94bn in 2MFY25, depicting a rise of 7.0%.

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