Pakistan’s current account posted a surplus of $100 million in November 2025, data released by the State Bank of Pakistan (SBP) showed on Wednesday.
The deficit follows a deficit of $291 million recorded in October 2025, which was originally reported to be at $112 million, and a surplus of $684 million in November 2024.
The surplus came the back of a significantly lower import bill during the month.
In November 2025, the country’s total export of goods and services amounted to $3.09 billion, down over 10% as compared to $3.44 billion in the previous month.
Meanwhile, total imports totalled $5.68 billion in November 2025, a decrease of nearly 12%, compared to $6.43 billion in October 2025, according to SBP data.
During November 2025, Pakistan’s workers’ remittance inflows totalled $3.19 billion, compared to $3.42 billion in October 2025, representing a 7% decrease on a monthly basis.
“Current account posted a surplus mainly due to a sharp compression in imports supported by lower global commodity prices, alongside resilient remittance inflows that more than offset weaker exports,” Waqas Ghani, Head of Research at JS Global, told media.
During the 5MFY26, the current account recorded a cumulative deficit of $812 million, as compared to a surplus of $503 million in the same period last year.
Pakistan’s foreign exchange reserves (excluding CRR/SCRR) rose to $14.68 billion, reflecting a substantial 21% rise year-on-year, indicating stronger external buffers despite ongoing structural pressures on the current account.
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