Pakistan recorded a current account surplus of $12 million in April 2025, following a significant $1.2 billion surplus in March, according to data released by the State Bank of Pakistan (SBP) on Friday.
While the monthly figure marks a substantial drop, the country’s external balance has remained positive over the course of the fiscal year. During the first 10 months of FY2024–25 (July 2024 to April 2025), Pakistan posted a cumulative surplus of $1.88 billion, compared to a deficit of $1.34 billion during the same period last year—indicating a notable improvement in the overall external account.
On a year-on-year basis, however, the April surplus declined sharply—down more than 96 percent from the $315 million surplus recorded in April 2024, based on revised central bank figures.
Economists attributed the reduced monthly surplus to increased import activity and a dip in remittance inflows, which together narrowed the positive balance. Despite this, analysts maintain that the overall fiscal trend remains stable, supported by consistent inflows and improved trade performance earlier in the year.