According to data released by the State Bank of Pakistan (SBP) on Monday, the country posted a current account deficit of $112 million in October 2025. This came after a deficit of $83 million in September 2025 and a surplus of $296 million in October 2024.
The deficit was primarily driven by a notable rise in the import bill and a decline in exports. Pakistan’s total exports in October 2025 stood at $3.57 billion, nearly 4% lower than $3.71 billion recorded in the same month last year. Meanwhile, total imports rose sharply to $6.32 billion, reflecting an annual increase of more than 13% compared to $5.58 billion in October 2024.
Workers’ remittances, however, remained strong, reaching $3.42 billion in October 2025—an annual increase of 12% from $3.05 billion during the same month last year.
During the first four months of the current fiscal year (July–October), the cumulative current account deficit widened to $733 million, a 256% increase compared to the $206 million deficit recorded during the same period last year.
Pakistan’s foreign exchange reserves (excluding CRR/SCRR) reached $14.50 billion, reflecting a significant 29% year-on-year increase.
