According to data released by the State Bank of Pakistan (SBP) on Monday, Pakistan recorded a current account deficit of $244 million in December 2025.
This deficit came after a $98 million surplus in November 2025, which was initially reported as $100 million. In contrast, December 2024 had recorded a surplus of $454 million. The December 2025 deficit mainly resulted from a sharp increase in the import bill during the month.
During December 2025, Pakistan’s total exports of goods and services stood at $3.69 billion, showing an increase of about 20 percent compared to $3.08 billion in the previous month. At the same time, total imports rose to $7.04 billion, up nearly 24 percent from $5.69 billion in November 2025, according to the State Bank.
Workers’ remittances received in December 2025 amounted to $3.59 billion, reflecting a 13 percent month-on-month increase compared to $3.19 billion in November 2025.
During the first six months of fiscal year 2026, the country recorded a cumulative current account deficit of $1.174 billion, compared to a surplus of $957 million in the same period last year.
It is noteworthy that Pakistan’s foreign exchange reserves have increased to $16.19 billion, marking a 36 percent year-on-year rise. This growth indicates improved capacity to meet external payment obligations despite continued structural pressure on the current account.
