The State Bank of Pakistan (SBP) has released figures confirming that the country’s current account recorded a deficit of $112 million in October 2025. These statistics highlight the continued external pressure on the national economy, where import volumes significantly outpaced exports.
According to the central bank’s data, imports stood at $5.27 billion in October, considerably outweighing exports, which reached only $2.74 billion, illustrating a clear trade imbalance. The deficit in trade, services, and income saw a year-on-year increase of over 29%, surging to $3.65 billion compared to the previous year.
Over the first four months of the current fiscal year (FY 2025-26), the Current Account Deficit (CAD) recorded a massive 255% year-on-year increase, reaching $733 million. During this period, cumulative imports totalled $20.72 billion against exports of $10.63 billion, pushing the total trade deficit to $10.09 billion.
However, a mitigating factor is the crucial role played by workers’ remittances, which stood at $12.95 billion for the four-month period, helping to curb the overall deficit. Furthermore, IT exports showed positive growth, rising by 5.5% in October to $386 million and achieving a 19.6% year-on-year increase over the first four months, totaling $1.44 billion.
