Pakistan records $459 million current account surplus in May
Pakistan posted a current account surplus of $459 million in May 2026, reflecting an improvement in the country’s external sector position, according to data released by the State Bank of Pakistan (SBP) on Wednesday.
Current Account Balance recorded a surplus of $459 million in May 2026 compared to a deficit of $276 million in Apr 2026. https://t.co/q3LNv3HOB0https://t.co/fMcRUupUIA#SBPBOP pic.twitter.com/Ew3yTdtZNU
— SBP (@StateBank_Pak) June 17, 2026
The latest reading marks a sharp turnaround from the $276 million deficit recorded in April 2026 and the $44 million deficit registered in May 2025.
Also Read:
Officials attributed the surplus primarily to record-high workers’ remittances, which helped offset the country’s trade deficit during the month.
According to SBP data, remittances surged to a record $4.25 billion in May, up 15.4 per cent from $3.69 billion received during the same month last year.
🇵🇰 𝗣𝗔𝗞𝗜𝗦𝗧𝗔𝗡 𝗥𝗘𝗖𝗢𝗥𝗗𝗦 𝗔𝗡𝗢𝗧𝗛𝗘𝗥 𝗖𝗨𝗥𝗥𝗘𝗡𝗧 𝗔𝗖𝗖𝗢𝗨𝗡𝗧 𝗦𝗨𝗥𝗣𝗟𝗨𝗦
— Khurram Schehzad (@kschehzad) June 17, 2026
Pakistan posted a Current Account Surplus of $459 million in May 2026, rebounding strongly from a $276 million deficit in April 2026 and improving significantly from a $44 million… pic.twitter.com/lDsYbRG76R
Exports of goods and services rose slightly to $3.21 billion in May 2026, compared with $3.17 billion a year earlier. Imports, however, increased to $6.49 billion, nearly 2 per cent higher than the $6.39 billion recorded in May 2025.
The current account tracks the flow of goods, services, income and transfers between Pakistan and the rest of the world. A surplus indicates that foreign currency inflows exceed outflows, helping strengthen foreign exchange reserves and support economic stability.
Despite month-to-month fluctuations, Pakistan recorded a cumulative current account surplus of $255 million during the first 11 months of fiscal year 2025-26.
However, the figure remains significantly lower than the $1.62 billion surplus posted during the corresponding period of the previous fiscal year, representing a decline of around 84 per cent.
Commenting on the latest figures, Adviser to the Finance Minister Khurram Schehzad said the trend reflects improving external stability, noting that Pakistan has recorded current account surpluses in four of the past five months.
“A stronger external account is the foundation of sustainable high economic growth,” he said.
Read all the Breaking News Live on pakistantimes.com and Get Latest English News & Updates from Pakistan Times. Follow us on Whatsapp channel for more.
