Pakistan’s Current Account Deficit Shrinks by 70%
Pakistan’s current account deficit shrank by around 70 percent year-on-year (YoY) to $98 million in August 2026, down from $324 … Read More The post Pakistan’s Current Account Deficit Shrinks by 70% appeared first on ProPakistani .
Pakistan's current account deficit contracted by more than two-thirds in August 2026, shrinking to $98 million from $324 million in the same period the previous year, according to data from the State Bank of Pakistan (SBP). The revised figure for July 2026 was also raised from $328 million to $445 million. For the first two months of the Fiscal Year 2026-27, the deficit amounted to $543 million, a 36% decrease year-on-year from $853 million in the same period last fiscal year.
The narrower monthly deficit in August was largely attributed to a better goods trade balance, with the goods trade deficit narrowing by $127 million month-on-month to around $3 billion. Imports totaled approximately $5.5 billion, while exports were recorded at around $2.5 billion.
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