Pakistan recorded a current account surplus of $121 million in January 2026, according to the latest data from the State Bank of Pakistan. This marks a significant improvement compared to January 2025, when the current account posted a deficit of $393 million, and December 2025, which saw a deficit of $265 million.
During the first seven months of fiscal year 2026, Pakistan’s current account remained in deficit at $1.074 billion, compared to a surplus of $564 million over the same period last year. Exports in January 2026 rose by 3.5 percent year-on-year to $3 billion, up from $2.9 billion in January 2025, while exports over the seven-month period declined by 7.1 percent to $18.1 billion.
Imports in January 2026 decreased slightly by 1 percent year-on-year to $5.8 billion from $5.9 billion, though cumulative imports for the seven months increased by 9.5 percent to $22 billion. The data reflects a mixed picture of trade activity, with short-term improvements helping achieve the current account surplus in January.
